SDIC Zhonglu Fruit Juice Co., Ltd.SSE: 600962

(600962)"SDIC Zhonglu Fruit Juice Co., Ltd."Announcement on Housing Expropriation Compensation for Controlled Sub-subsidiary

· Issued by SDIC Zhonglu Fruit Juice Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 600962 · · 3 pages · Chinese

Summary by 6ix AI

SDIC Zhonglu Fruit Juice Co., Ltd. announced a housing expropriation compensation matter regarding its controlled subsidiary, Xuzhou Zhongxin Fruit Industry Co., Ltd. The compensation agreement involves both property exchange and monetary compensation for the expropriation of buildings located in a designated area. The total compensation amount is based on an evaluation report and has been approved by the company's board, pending shareholder approval. The company outlines potential impacts and risks associated with the expropriation process, emphasizing the need for careful execution.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

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