Core Viewpoint - The company, Liji (00637), has entered into a land compensation agreement for a site in Ningbo, China, which will provide a total compensation of RMB 12.5943 million and relocation allowance of RMB 401,250, indicating a strategic move to facilitate future development projects in the area [1] Group 1 - The land compensation agreement was signed between Jinli Alloy Manufacturing Industry (a wholly-owned subsidiary of the company) and the Xiepu Town Housing Demolition Office [1] - The total area of the land involved in the agreement is 3,221 square meters, located under the state-owned land use rights certificate "Zhongguo Yong (2001) Zi No. 0500062" in Zhenhai District, Ningbo [1] - The compensation received will be used for facility relocation and general working capital for Jinli Alloy Manufacturing Industry [1] Group 2 - The land acquisition is part of the future development needs for the Zhenpu Road Phase III project in Zhenhai District, Ningbo [1] - The company has made appropriate arrangements for subsequent transitional matters and will continue its operations on the remaining land [1] - The company expects that the land acquisition will not have a significant adverse impact on the operations of Jinli Alloy Manufacturing Industry and the group as a whole [1]