Shanghai Alede Industrial Group Co., Ltd. announced its successful bid for land use rights and property ownership in Shanghai Hangzhou Bay for RMB 49.3766 million. This acquisition supports the company's strategy to build the Alede Shanghai Production and Operation Center, aiming to expand production capacity and meet growing demand in emerging markets. The investment is expected to enhance the company's market position and resilience.
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Securities Code: 301419 Securities Abbreviation: Alede Announcement No.: 2026-011
Shanghai Alede Industrial Group Co., Ltd. Announcement on Progress of Bidding for Land Use Rights and Property Ownership and Investment in Construction Project
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.
I. Transaction Overview
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