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GDH Guangnan (Holdings) Limited ( (HK:1203) ) has shared an announcement.
GDH Guangnan (Holdings) Limited, through its subsidiary GDH Lishui Food, has successfully acquired land use rights in Lishui Town, Foshan City, Guangdong Province, China. The acquisition, valued at RMB56,160,000, is intended for industrial use, specifically for livestock slaughtering, meat products production, and by-product processing for the initial 15 years. This strategic acquisition is a discloseable transaction under Hong Kong’s Listing Rules and is expected to enhance the company’s operational capabilities in the food industry.
More about GDH Guangnan (Holdings) Limited
Average Trading Volume: 1,147,548
Technical Sentiment Signal: Buy
Current Market Cap: HK$825.9M
See more data about 1203 stock on TipRanks’ Stock Analysis page.