Changes in Hong Kong stocks | FORTIOR (01304) rose more than 4% to acquire properties in Nanshan District of Shenzhen for 710 million yuan to implement the company's long-term strategic development goals

The Zhitong Finance App learned that FORTIOR (01304) rose by more than 4%. As of press release, it had risen by 3.92% to HK$130, with a turnover of HK$14.785,300.

According to the news, FORTIOR issued an announcement. On December 25, 2025, the board of directors reviewed and approved the conclusion of such an agreement between the company and the seller (Shenzhen Qianhai Shekou Enlightenment Industrial Co., Ltd.) under roughly the same terms. Based on this, the company agreed to buy and the seller agreed to sell the property at a cost of RMB 710 million. The property includes an entire commercial building Runrong Building (Phase II) built on land T102-0482, Mawan, Unit 15, Mawan, Qianhai, Nanshan District, Shenzhen, Nanshan District, Shenzhen, for office and commercial use. The total construction area of the property is approximately 25,204.97 square meters, including office units with a construction area of 23,669.54 square meters and commercial units with a construction area of 1535.43 square meters.

The proposed acquisition is a prudent decision made by the company based on long-term development plans and market development prospects, in line with the company's future development needs. Since the property is intended for group research and office use. After the construction of the newly purchased real estate is completed and put into use, it is conducive to improving the work and R&D environment, meeting the personnel expansion needs brought about by the further expansion of the company's scale, retaining and attracting high-end talents, further improving the company's overall competitiveness, and laying a solid foundation for the company's long-term development. This move is in line with the company's strategic development goals.