Li Bao Ge Group Ltd. (HK:1869) has released an update.
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Li Bao Ge Group Ltd.’s subsidiary, Jiangsu Kafelaku, has acquired land use rights in Dongtai City, Jiangsu Province for RMB5.79 million. The acquisition, considered a discloseable transaction under Hong Kong’s listing rules, is aimed at industrial development and will see construction commence by November 2025. The purchase was fully funded through the company’s internal resources, reflecting strategic growth plans in the region.
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