LING YUE SER GP(02165.HK): Unsuccessful Tender for Sichuan Land in Public Bidding; Tender Deposit Fully Refunded

NewTimeSpace News: Ling Yue Services Group Limited (02165.HK) announced on 3 August that it failed to win the public bidding for the land use right in Xichang City, Sichuan Province. The tender deposit of RMB8.33 million has been fully refunded without interest and deductions. The Company will continue to search for investment opportunities.
NewTimeSpace News: On 3 August 2026, Ling Yue Services Group Limited (02165.HK) issued an announcement, stating that the Company was not the successful bidder in the public bidding for acquisition of land use right in Xichang City, Sichuan Province. The tender deposit amounting to RMB8.33 million has been fully refunded without interest and deductions.
The Company previously announced on 2 August 2026 its intention to participate in the public bidding for the land. The Company stated that it will continue to identify investment opportunities to generate potential investment returns and deliver enhanced financial returns for the Company and its shareholders.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.