Oriental Pearl announced that the company's Tiqiao launch site relocation project involved seven houses, with a total compensation of 797 million yuan for relocation and resettlement. Up to now, it has received a total of 637 million yuan. Recently, the company has officially handed over the seven agreed houses and has completed the asset transfer obligation. The unreceived compensation of $159 million was confirmed as a receivable. The current accounting treatment is expected to increase the net profit for the current year by about $527 million, which is ultimately based on the audit confirmation results.

Oriental Pearl announced that the company's Tiqiao launch site relocation project involved seven houses, with a total compensation of 797 million yuan for relocation and resettlement. Up to now, it has received a total of 637 million yuan. Recently, the company has officially handed over the seven agreed houses and has completed the asset transfer obligation. The unreceived compensation of $159 million was confirmed as a receivable. The current accounting treatment is expected to increase the net profit for the current year by about $527 million, which is ultimately based on the audit confirmation results.