JCT(SH:603657) Ge Long Hui·2025-09-10 08:38Core Viewpoint - Springlight Technology (603657.SH) has successfully acquired land use rights through bidding for a site in Suzhou, which is expected to enhance its operational capacity and growth potential [1] Group 1: Land Acquisition Details - The subsidiary, Suzhou Shangteng Technology Manufacturing Co., Ltd., obtained land use rights for a site measuring 21,800.1 square meters located in the Wu Zhong District of Suzhou [1] - The total building area is required to be at least 54,500.25 square meters, with a minimum plot ratio of 2.5 and a maximum building height of 60 meters [1] - The land use rights are granted for a period of 30 years, with a total acquisition cost of RMB 5,493,625 [1] Group 2: Construction Timeline and Conditions - The company is obligated to commence construction by September 15, 2026, and complete it by September 15, 2028 [1] - If the company cannot start construction on time, it must submit a request for an extension 30 days in advance, with the possibility of a one-year extension upon approval [1]