According to Huaying Technology's announcement, the company's board of directors and temporary shareholders' meeting have previously reviewed and passed a bill relating to land reclamation, agreeing to withdraw its state-owned construction land use rights at No. 6 Rujiang West Road, Mawei Town, Mawei District, and No. 77, Kuai'an District, from the Fuzhou Mawei District Natural Resources and Planning Bureau, with compensation of 348 million yuan. Recently, the company has officially signed the “State-owned Construction Land Use Rights Recovery Compensation Contract” with the Fuzhou Mawei District Natural Resources and Planning Bureau and the Fuzhou Mawei District Land Development Center.

According to Huaying Technology's announcement, the company's board of directors and temporary shareholders' meeting have previously reviewed and passed a bill relating to land reclamation, agreeing to withdraw its state-owned construction land use rights at No. 6 Rujiang West Road, Mawei Town, Mawei District, and No. 77, Kuai'an District, from the Fuzhou Mawei District Natural Resources and Planning Bureau, with compensation of 348 million yuan. Recently, the company has officially signed the “State-owned Construction Land Use Rights Recovery Compensation Contract” with the Fuzhou Mawei District Natural Resources and Planning Bureau and the Fuzhou Mawei District Land Development Center.