China Wan Tong Yuan (Holdings) Ltd. (HK:6966) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
China Wan Tong Yuan (Holdings) Ltd. has announced the acquisition of state-owned land in Langfang, Hebei Province, for RMB54.7 million. The land, intended for burial-related use, covers over 70,000 square meters and is part of the company’s strategic expansion in the Jing-Jin-Ji megalopolis. This transaction highlights the company’s efforts to strengthen its market position in the region.
For further insights into HK:6966 stock, check out TipRanks’ Stock Analysis page.