According to the Foshan Lighting announcement, the company handed over the plot in the central district of Fenjiang North Road to the Chancheng District Land Reserve Center in Foshan City, and the Chancheng Branch of the Foshan Natural Resources Bureau publicly sold the plot on September 30, 2026. The plot covers an area of 76275.39 square meters, with an assessed value of 1,237 billion yuan, starting at a floor price of 6,700 yuan/square meter. If all are sold at the starting price, the company is expected to receive about 550 million yuan in compensation revenue and about 340 million yuan in net revenue. There is uncertainty about the success of this transaction and its impact on results.

Zhitongcaijing · 3d ago
According to the Foshan Lighting announcement, the company handed over the plot in the central district of Fenjiang North Road to the Chancheng District Land Reserve Center in Foshan City, and the Chancheng Branch of the Foshan Natural Resources Bureau publicly sold the plot on September 30, 2026. The plot covers an area of 76275.39 square meters, with an assessed value of 1,237 billion yuan, starting at a floor price of 6,700 yuan/square meter. If all are sold at the starting price, the company is expected to receive about 550 million yuan in compensation revenue and about 340 million yuan in net revenue. There is uncertainty about the success of this transaction and its impact on results.