China Wuyi Co.Ltd(000797) : the land payment due for the plot in Wuyi West District of Beijing has been paid by Beijing Wuyi

After AI express, some investors asked questions on the investor interaction platform: China Wuyi Co.Ltd(000797) announced that the land compensation of Beijing Wuyi west district should be 2.137 billion yuan, of which China Wuyi Co.Ltd(000797) should bear 149 million yuan according to the equity transfer contract of China Wuyi Co.Ltd(000797) and Financial Street Holdings Co.Ltd(000402) Chang’an. Is Financial Street Holdings Co.Ltd(000402) responsible for the remaining 1.988 billion yuan of land compensation?

China Wuyi Co.Ltd(000797) (000797. SZ) said on the investor interaction platform on December 25 that all the land payment due for the plot in Beijing Wuyi west district has been paid by Beijing Wuyi. For details, please refer to the announcement on signing the supplementary agreement on the transfer of state-owned land use right by the subsidiary Beijing Wuyi (Announcement No.: 2020-003).

(Daily Economic News)

 

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