AVIC SAC(SH:600760) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-04 08:43Transaction Overview - The company approved a proposal for a partial relocation construction project at its wholly-owned subsidiary, Shenyang Aircraft Industry (Group) Co., Ltd. (hereinafter referred to as "Shenyang Aircraft") during the 28th meeting of the 9th Board of Directors on August 29, 2023 [2] - The project aims to transfer and enhance existing core capabilities within the Shenyang city area, which has already been approved by the company's second extraordinary general meeting in 2023 [2] Transaction Progress - Recently, Shenyang Aircraft signed a "State-owned Land Use Rights Transfer Contract" with the Shenyang Municipal Natural Resources Bureau [2] - Key details of the contract include: - Land area: 2,244,633.00 square meters - Location: Shenyang Beixin District, east of National Highway 203-1-01 - Purpose: Airport land - Transfer period: 50 years from the date of land delivery as per the contract - Transfer price: 747.462789 million yuan - Payment method: One-time payment to be completed by December 31, 2025 - Delivery date: The land will be delivered to the buyer by January 31, 2026 - Effectiveness: The contract becomes effective upon signing by both parties and government approval [2] Other Information - The company will fulfill its information disclosure obligations in accordance with relevant laws and regulations based on the progress of the partial relocation construction project [3]