JINLONG INC(SZ:300032) Sou Hu Cai Jing·2025-12-30 10:05Core Viewpoint - Jinlong Electromechanical (300032) has decided to terminate its external investment and negotiate with government departments to return land use rights due to changes in macroeconomic conditions, industry environment, and unsatisfactory company performance [1] Group 1: Stock Performance - As of December 30, 2025, Jinlong Electromechanical closed at 5.4 yuan, up 3.25% from the previous trading day, with a total market capitalization of 4.337 billion yuan [1] - The stock opened at 5.23 yuan, reached a high of 5.49 yuan, and a low of 5.18 yuan, with a trading volume of 2.25 billion yuan and a turnover rate of 5.22% [1] Group 2: Investment and Land Use Rights - The company’s wholly-owned subsidiary, Jinxing Chuangyuan, won the land use rights for approximately 81 acres in Dongguan Tangxia Town, but the project did not commence due to unfavorable economic and operational conditions [1] - The land transfer contract was terminated in June 2025, and a tripartite agreement to recover the state-owned construction land use rights was signed in September 2025 [1] - As of December 26, 2025, Jinxing Chuang has completed the cancellation of documents and land transfer, receiving a refund of 60,715,360.96 yuan, while a deposit loss of 15,240,000 yuan has been accounted for in the 2024 annual report, and agricultural development fund losses will be included in the 2025 performance [1]