Core Viewpoint - The company has completed the handover of a state-owned land use right in Qinzhou, with a compensation amount of 39.4 million yuan from the local government for the land recovery [2][4]. Summary by Sections Overview of the Situation - The company held board and shareholder meetings in August and September 2025, approving the government's recovery of the land use right for 26,862.91 square meters in Qinzhou at a compensation price of 39.4 million yuan [4][5]. - The company has signed the "State-owned Land Use Right Recovery Agreement" with the Qinzhou Natural Resources Bureau [5]. Progress Update - The company has completed the demolition and clearance of structures on the Qinzhou land, achieving "clean land" status and has delivered it to the Qinzhou Natural Resources Bureau [6]. Transaction Nature - The land recovery does not constitute a related party transaction or a major asset restructuring [3][7].
南宁百货大楼股份有限公司关于政府收回公司部分国有建设用地使用权的进展公告