Core Viewpoint - The company, Qingtang City (600790.SH), announced the expropriation of its subsidiary, Huaneng Mall, due to the construction of the Kangyang Ecological Park project on the southern bank of Guazhu Lake, as per the unified deployment of the Keqiao District People's Government [1] Group 1 - The company's board of directors approved the proposal for the expropriation of Huaneng Mall during its 18th meeting of the 11th session on December 25, 2025 [1] - The expropriation will be conducted in accordance with relevant expropriation policies and does not require submission for shareholder meeting approval [1] - This transaction does not constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies" and is not classified as a related party transaction [1]
轻纺城:公司下属华能商城拟被征收