Price reduction 8 yuan/square Yunfu river sand mining right 72 yuan/square transfer

2025-04-10 11:25:30

According to the Water Affairs Bureau of Yunfu City, Guangdong Province, the Water Affairs Bureau of Yunan County has decided to sell the right to exploit the river sand in the Liantang section of the Nanjiang River in Yunan County by listing. The project controls the sand mining volume of 118,800 cubic meters, the mining time is 6 months, the mining mineral construction river sand, the initial price of listing is 8.5536 million yuan, and the unit price is 72 yuan/cubic meter. Compared with the initial price of 9.504 million yuan for the first listing, the unit price was 80 yuan per square meter, down 8 yuan per square meter.

According to the Water Affairs Bureau of Yunfu City, Guangdong Province, the Water Affairs Bureau of Yunan County has decided to sell the right to exploit the river sand in the Liantang section of the Nanjiang River in Yunan County by listing. The project controls the sand mining volume of 118,800 cubic meters, the mining time is 6 months, the mining mineral construction river sand, the initial price of listing is 8.5536 million yuan, and the unit price is 72 yuan/cubic meter. Compared with the initial price of 9.504 million yuan for the first listing, the unit price was 80 yuan per square meter, down 8 yuan per square meter.

It is reported that the mining right of river sand in Liantang section of Nanjiang River in Yunan County is located in the 1400-meter Nanjiang River section from Liantang Village to Shanping Village in Nanjiangkou Town. The length of the mining area is about 1400 meters, the average excavation width is about 42 meters, the average mining depth is 2 meters, and the mining area is about 59400 m2. Listing quotation time: 8:00 a.m. on April 29, 2025 to 15:00 p.m. on May 16, 2025.

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Correlation

According to the Water Affairs Bureau of Yunfu City, Guangdong Province, the Water Affairs Bureau of Yunan County has decided to sell the right to exploit the river sand in the Liantang section of the Nanjiang River in Yunan County by listing. The project controls the sand mining volume of 118,800 cubic meters, the mining time is 6 months, the mining mineral construction river sand, the initial price of listing is 8.5536 million yuan, and the unit price is 72 yuan/cubic meter. Compared with the initial price of 9.504 million yuan for the first listing, the unit price was 80 yuan per square meter, down 8 yuan per square meter.

2025-04-10 11:25:30

In accordance with the relevant provisions of the Detailed Rules for the Implementation of the Pre-reorganisation of the Intermediate People's Court of Changchun City, Jilin Province (for Trial Implementation), during the period of pre-reorganisation, the Company and some of its subsidiaries subject to pre-reorganisation shall not pay off their debts except for the necessary expenses for the continued operation of the enterprise and the maintenance of its operating value. As at the date of this announcement, the principal and interest of overdue debts of the Company and its subsidiaries amounted to RMB6.959 billion, representing 1,124.30% of the latest audited net assets attributable to the parent company of the Company.