[ET Net News Agency, 13 December 2019] Aoyuan Healthy Life Group Company Limited
(03662) said its subsidiary Shanghai Aohuiyan Health and Technology Company Limited won
the bid for a land plot in Fengxian District, Shanghai City and entered into a grant
contract of state-owned construction land use right at a total consideration of RMB82
million.
The land plot has a total area of approximately 30,369.2 square metres, aboveground
construction plot ratio of 2.5 and aboveground construction area of approximately 75,923
square metres, with a term of 50 years for scientific research and design use. (RC)