广东广弘控股股份有限公司关于子公司土地收储补偿事项的进展公告

Core Viewpoint - The company is involved in a land acquisition and compensation process related to the "breeding chicken farm" site, which is being repurposed for the Foshan Innovation Lighthouse Community project, with various agreements and compensation amounts established throughout the process [2][3][14]. Group 1: Land Acquisition and Compensation Overview - The Foshan Municipal Government plans to use the "breeding chicken farm" site for urban development, with Guangdong Fuhai Holdings Co., Ltd. managing the compensation process [2]. - A preliminary compensation agreement was signed on December 31, 2019, with a prepayment of RMB 200 million made to Nanhai Poultry Company [2]. - On September 25, 2020, the company approved a total compensation amount of RMB 952,340,105 for the land acquisition, with Nanhai Poultry Company receiving RMB 871,539,721 [3]. Group 2: Progress of Compensation Payments - As of November 25, 2020, Nanhai Poultry Company received the first installment of compensation amounting to RMB 435,769,860.50, which is 50% of the total compensation [4]. - On December 7, 2020, Nanhai Poultry Company returned the prepayment of RMB 200 million to Fuhai Holdings as per the agreement [4]. - A land handover confirmation was signed on December 21, 2020, for the first phase of land transfer, covering an area of approximately 520.98 acres [4]. Group 3: Subsequent Developments and Agreements - On August 8, 2022, the company approved Nanhai Poultry Company to participate in a land auction for the construction of its headquarters, with a budget of up to RMB 10 million [5]. - Nanhai Poultry Company successfully acquired a plot of land for RMB 72.73 million on November 14, 2022, for its headquarters [5]. - A supplementary agreement was signed on June 28, 2023, to address adjustments in land acquisition and compensation due to various factors affecting the original agreements [6][7]. Group 4: Financial Impact and Future Projections - The company anticipates an impact on its net profit of approximately RMB 21.45 million for the fiscal year 2025 due to adjustments in accounting treatment related to the supplementary agreement [14]. - The remaining compensation amount of RMB 137,769,860.50 is expected to be paid by December 31, 2026, for the remaining land acquisition [10].