4958 Zhen Ding-KY
Zhen Ding-KY announced that its subsidiary, Pengding Holdings (Shenzhen), acquired industrial land use rights in Bao'an District, Shenzhen, for 143.2 million RMB.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 06:31
- 🔍 Collected: May 26, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 20:14 (133h 42m after Collected)
Zhen Ding-KY announced that its subsidiary, Pengding Holdings (Shenzhen) Co., Ltd., has acquired land use rights. The property is located in Yanluo Street, Bao'an District, Shenzhen, covering an area of 141,225.15 square meters (approx. 42,720.61 pings). The total transaction amount is 143,200,000 RMB. The purpose of the acquisition is for operational development. The transaction was decided through a bidding process, and the land use right is for 30 years. This is not a related-party transaction.
FAQ
What is the duration of the land use right?
The land use right is for 30 years according to the contract.