Flowing shares (603308.SH): The subsidiary signed a compensation agreement for land collection and storage and housing expropriation The total compensation fee was 978 million yuan

On January 20, Gelonghui Announced that 603308.SH in order to further support the company's development, optimize the functional layout of counties and urban areas, improve the living environment in urban areas, improve urban taste, accelerate the construction of provincial new bases, and promote the agglomeration of urban industrial enterprises in the park, Anhui Yingliu Group Huoshan Casting Co., Ltd. ("Yingliu Casting"), Anhui Yingliu Casting Co., Ltd. ("Yingliu Casting"), Anhui Yingliu Hangyuan Power Technology Co., Ltd. ("Yingliu Hangyuan"), a subsidiary of Yingliu Co., Ltd., Anhui Yingliu Group Huoshan Casting Co., Ltd. ("Yingliu Casting"), Anhui Yingliu Hangliu Casting Co., Ltd. ("Yingliu Hangyuan"), Huoshan Jiayuan Intelligent Manufacturing Co., Ltd. ("Yingliu Jiayuan") decided to voluntarily relocate the factory located at No. 96, Weihe West Road, Hengshan Town, Huoshan County, in accordance with the requirements of the huoshan County", and signed the "Land Collection and Storage and Housing Expropriation Compensation Agreement", which involves:

(1) The right to use land (248,785.42 square meters), houses and buildings (186,321.66 square meters), equipment and other assets, etc. The amount of compensation is RMB739.1509 million;

(2) Land use rights (42,456.68 square meters), housing buildings (42,819.65 square meters), equipment and other assets, etc. The amount of compensation is RMB75.4044 million;

(3) Aviation source equipment and other assets that should be flowed. The amount of compensation is RMB51.476 million;

(4) Yingliu Jiayuan land use rights (70,420 square meters), housing buildings (32,674.02 square meters), equipment and other assets, etc. The amount of compensation is RMB112.3046 million.

According to the relevant "Land Collection and Storage and Housing Expropriation Compensation Agreement", the total compensation fee for land collection and storage and housing expropriation is 978 million yuan, and the amount will be received in batches, and the company's financial department preliminarily calculates that the above compensation matters will not have a significant impact on the company's 2022 annual income, and the final results of the audit of the accounting firm shall prevail.

This article originated from Grand Gateway