ZLC(SH:600818) Zheng Quan Zhi Xing·2025-09-01 10:12Basic Information - Zhonglu Co., Ltd. has signed a compensation agreement for land reduction with the government of Shanghai's Pudong New Area, covering an area of 78,816 square meters and totaling RMB 176,130,994 [1] - The agreement was approved during the 11th Board Meeting and the 51st Shareholders' Meeting held on September 29, 2024, and October 16, 2024, respectively [1] Progress Update - On September 1, 2025, the company received a partial compensation payment of RMB 43,291,700 from the government, which is expected to have a positive impact on the company's cash flow [2] - The remaining compensation payments will be arranged by the government’s financial resources, with future payments based on actual receipt dates [2] - The company will follow relevant accounting standards for the treatment of the compensation funds, with specific financial data subject to confirmation by an auditing firm [2]