MFSP(SH:600235) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-08 00:17Core Points - The company signed a compensation framework agreement with the Nanhu District People's Government, resulting in a total compensation amount of RMB 1,079.63 million [1] - The first phase of the compensation, totaling RMB 150 million, is to be paid within 45 days of signing the agreement, with specific allocations for soil pollution investigation and remediation [1] - The company received the first phase compensation of RMB 130 million on November 7, 2025, and will handle the accounting in accordance with relevant regulations [2] Summary by Sections - Compensation Agreement: The company entered into a compensation agreement for land acquisition with the local government, amounting to RMB 1,079.63 million, with specific terms for payment and usage of funds [1] - Payment Schedule: The first installment of RMB 150 million is to be paid promptly, with a portion allocated for environmental remediation efforts [1] - Financial Reporting: The company will account for the compensation in its financial statements as per applicable accounting standards, with the impact on 2025 earnings to be confirmed in the annual report [2]