Core Viewpoint - The company, China Wuyi Industrial Co., Ltd., is undergoing a land acquisition process by the Kenyan government for the B8 road upgrade project, which involves a portion of its land assets in Mombasa, Kenya [2]. Group 1: Land Acquisition Details - The Kenyan government plans to acquire 3.3766 hectares (approximately 8.34 acres) of land owned by the company's subsidiary, China Wuyi (Kenya) Co., Ltd., as part of the B8 road upgrade project [2]. - The total compensation for the land acquisition is 115,819,410 Kenyan Shillings, equivalent to approximately 6.2462 million RMB [2]. - The company has accepted the compensation plan and stated that the acquisition does not harm the interests of the company or its shareholders [2]. Group 2: Impact on Company Operations - The land being acquired is classified as a long-term idle asset, and the acquisition will help to effectively activate the company's existing assets and supplement its liquidity [2]. - The company asserts that this land acquisition will not have a significant impact on its production operations or major financial indicators for the year 2026 [2].
中国武夷实业股份有限公司 关于肯尼亚蒙巴萨基利菲郡地块被 政府部分征用的公告