Group 1 - The core point of the article is that Tianshan Co., Ltd. announced the government’s decision to expropriate land and properties belonging to its subsidiary, Suzhou Concrete Cement Products Research Institute Co., Ltd. [1] - The expropriation involves properties located at No. 718 Sanxiang Road and No. 64 Laohejiatang Bank, with a compensation amount of approximately 225 million yuan, which includes rental compensation and relocation costs [1] - The actual compensation amount will be finalized in the signed compensation agreement between the company and the local government [1] Group 2 - The company’s board of directors approved the proposal regarding the expropriation at the 12th meeting of the 9th board session held on December 17, 2025 [1]
天山股份:苏州市姑苏区人民政府对子公司房屋实施征收