Wall Nuclear Materials (09981): The holding subsidiary Wall New Energy successfully competed for land use rights in Longtian Street, Pingshan District, Shenzhen

According to Zhitong Finance App, Wall Nuclear Materials (09981) issued an announcement. Previously, in order to meet the company's holding subsidiary's demand for a business site, it was agreed that the company's holding subsidiary Shenzhen Wall New Energy Electric Technology Co., Ltd. (“Wall New Energy”) will participate in the auction for land use rights with no more than RMB 9 million. The land to be auctioned this time is industrial land located in Longtian Street, Pingshan District, Shenzhen, with parcel number G13111-0115. The total land area is 2322.65 square meters. The starting price of this land listing was RMB 7.15 million, and the bid deposit was RMB 1.43 million. On August 5, 2026, the holding subsidiary Wall Energy successfully competed for the above land use rights and signed a “Transaction Confirmation” (Shenzhen Land Exchange [2026] No. 48) with the Land and Mining Rights Business Branch of Shenzhen Trading Group Co., Ltd., which was commissioned by the Pingshan Administration Bureau of the Shenzhen Municipal Bureau of Planning and Natural Resources. The total listing transaction price was RMB 7.15 million.

The land contested this time is close to Wall New Energy's existing production base. The purchase of the above land use rights can effectively meet the holding subsidiary's demand for R&D, production and other business sites, which is conducive to improving resource utilization efficiency, enhancing production collaboration capabilities, and in line with the company's long-term strategic development plan.