Tian Chang Group buys Huizhou industrial land use rights for CNY 49.5 million

Reuters

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Tian Chang Group buys Huizhou industrial land use rights for CNY 49.5 million

Tian Chang’s Huizhou subsidiary won a public auction for land use rights in Huizhou City, Guangdong Province, for CNY 49.5 million.
The land parcel JD134-13-02 has a total site area of 53,731 square meters.
The subsidiary paid a bid deposit of CNY 14.9 million, with the remaining balance to be set out in the land use rights grant contract.
The land use purpose is Class II industrial use, with a 50-year term.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tian Chang Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260323-12063446), on March 23, 2026, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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