RONGSHEGN ENVIRONMENTAL(SH:603165) Xin Lang Cai Jing·2025-12-14 01:55Core Viewpoint - Rongsheng Environmental Protection's subsidiary, Anhui Rongsheng Packaging New Materials Technology Co., Ltd., has received three decisions from the local government to reclaim approximately 130,000 square meters of industrial land due to it being classified as "idle land" [1][2]. Group 1: Land Reclamation Details - The reclaimed land consists of three plots acquired in June 2022, with areas of 40,955 m², 42,935 m², and 45,994 m², totaling approximately 130,000 m² [2]. - The local government has determined these plots to be idle as they have not commenced construction within the contractually agreed timeframe, exceeding two years [2][7]. Group 2: Company Response and Actions - The company asserts that the idle time for the three plots "has not yet reached two years" and plans to engage with the local government to resolve the issue [8]. - An administrative review has been formally requested by Anhui Rongsheng Packaging, which has been accepted by the local government [9]. - The company emphasizes that the reclamation will not adversely affect its operations, and it will assess potential losses if the land rights are ultimately revoked [9].