NHU(SZ:002001) Shang Hai Zheng Quan Bao·2025-06-13 20:13Group 1 - The company Zhejiang Xinhecheng Co., Ltd. has approved the participation in the auction for land use rights in Hangzhou, with a bidding price not exceeding RMB 115 million [2] - The company successfully acquired the land use rights for the specified plot in Hangzhou, signing a contract with the Hangzhou Planning and Natural Resources Bureau [3] - The total area of the acquired land is 23,903 square meters, designated for commercial and business use, with a tenure of 40 years and a total transaction price of RMB 103.681 million [4] Group 2 - The purpose of acquiring the land is to support the company's expanding business scale and to establish a new headquarters in Hangzhou, enhancing management and R&D functions [4] - The company aims to leverage the favorable business environment and talent resources in the Hangzhou and Qiantang River area to attract high-end talent and improve its brand image [4] - The financial condition of the company is stable, and the funding for the land acquisition will come from self-owned or raised funds, ensuring no adverse impact on the company's main business or asset status [4]