[Youcheng Precision] The company evaluates the purchase of factory land, authorizes the chairman to use the negotiation fund and conduct price negotiations.
Youcheng Precision's board of directors has authorized its chairman to proceed with negotiations and use a negotiation fund for the potential purchase of factory land. This move signals a possible expansion or relocation for the company, with the fund being refundable if negotiations fail, or converted into part of the contract price if successful.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 09:33 (1h 33m after Collected)
1. Date of occurrence of the event: 2026/05/12
2. Company name: Youcheng Precision Co., Ltd.
3. Relationship with the company (please enter "the company" or "subsidiary"): The company
4. Mutual shareholding ratio: Not applicable
5. Reason for occurrence: The company is evaluating the purchase of factory land. The board of directors has authorized the chairman to use the negotiation fund and conduct price negotiations. If the final negotiation is unsuccessful, the fund will be fully recovered as per the agreement. If the negotiation is successful, the fund will be converted into part of the contract price.
6. Countermeasures: None.
7. Other matters that need to be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a significant impact on shareholders' equity or securities prices): None.
2. Company name: Youcheng Precision Co., Ltd.
3. Relationship with the company (please enter "the company" or "subsidiary"): The company
4. Mutual shareholding ratio: Not applicable
5. Reason for occurrence: The company is evaluating the purchase of factory land. The board of directors has authorized the chairman to use the negotiation fund and conduct price negotiations. If the final negotiation is unsuccessful, the fund will be fully recovered as per the agreement. If the negotiation is successful, the fund will be converted into part of the contract price.
6. Countermeasures: None.
7. Other matters that need to be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a significant impact on shareholders' equity or securities prices): None.