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Gilston Group Secures Transition Period for Jiajinlong Car City Land Use

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Gilston Group Secures Transition Period for Jiajinlong Car City Land Use

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China Apex Group Ltd. ( (HK:2011) ) has shared an update.

Gilston Group Limited has announced a business update regarding the Jiajinlong Car City, which involves the renewal of land use rights. The company is actively working with lessees and relevant authorities to secure a 20-year renewal, with a transition period granted until July 2030. The Second Supplemental Entrustment Agreement confirms Shenzhen Jiajinlong as the sole manager and operator of the Car City, with rights to negotiate lease terms and ensure operational continuity.

The most recent analyst rating on (HK:2011) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Apex Group Ltd. stock, see the HK:2011 Stock Forecast page.

More about China Apex Group Ltd.

Average Trading Volume: 58,311

Technical Sentiment Signal: Sell

Current Market Cap: HK$804.3M

See more data about 2011 stock on TipRanks’ Stock Analysis page.

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