China Tangshang Holdings Limited. (HK:0674) has released an update.
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China Tangshang Holdings Limited, through its subsidiary Puning Huachuangwen, has entered into a non-binding agreement to potentially invest in a major urban renewal project in Puning City, Guangdong Province. This project, which includes residential and commercial developments, is seen as a strategic opportunity amid the challenging real estate market in China. The company has already paid substantial deposits, highlighting its commitment to capitalizing on this promising venture.
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