Nanfang Seiko announced that the company plans to bid for land use rights in the Wujin District of Changzhou City, Jiangsu Province, with the land use rights of 202,6023 and investment in a new construction project. The starting price of the land auction is 47.73 million yuan. The total investment amount of the project is estimated to be about 1,024 billion yuan, and the funding source is own or self-funded. The bill has been reviewed by the board of directors and still needs to be submitted to the Extraordinary Shareholders' Meeting for consideration. The construction of the project takes 60 months. It is not expected to have a significant impact on performance in the short term, and there is some uncertainty.

Nanfang Seiko announced that the company plans to bid for land use rights in the Wujin District of Changzhou City, Jiangsu Province, with the land use rights of 202,6023 and investment in a new construction project. The starting price of the land auction is 47.73 million yuan. The total investment amount of the project is estimated to be about 1,024 billion yuan, and the funding source is own or self-funded. The bill has been reviewed by the board of directors and still needs to be submitted to the Extraordinary Shareholders' Meeting for consideration. The construction of the project takes 60 months. It is not expected to have a significant impact on performance in the short term, and there is some uncertainty.