According to Zhitong Finance APP, Oriental Cable (603606.SH) announced that in order to revitalize existing asset resources and improve asset utilization efficiency, the company's wholly-owned subsidiary Oriental Cable plans to sign a "State-owned Construction Land" with the Dinghai Branch of the Zhoushan Municipal Natural Resources and Planning Bureau. Usage Rights Recovery Compensation Agreement", Zhoushan Municipal Natural Resources and Planning Bureau Dinghai Branch plans to recover the industrial land located in Beihai Village, Ma'ao Street, Dinghai District, with an area of 204,904 square meters of state-owned construction land use rights. The total land recovery compensation payment is approximately 1.2 billion.

Zhitongcaijing · 11/13/2023 10:41
Zhitong Finance App News, Oriental Cable (603606.SH) announced that in order to revitalize existing asset resources and improve asset usage efficiency, Dongfang Cable, a wholly-owned subsidiary of the company, plans to sign the “State-owned Construction Land Use Rights Recovery Compensation Agreement” with the Dinghai Branch of the Zhoushan Natural Resources and Planning Bureau. The Dinghai Branch of the Zhoushan Municipal Bureau of Natural Resources and Planning plans to take back industrial land located in Beihai Village, Ma'ao Street, Dinghai District. The total land recovery compensation is about 120 million yuan.