CONTIOCEAN (02613.HK): Proposes to Participate in Public Tender for Acquisition of Assets in Nantong, Jiangsu

NewTimeSpace News: On August 25, 2026,CONTIOCEAN(02613.HK) announced that the Company will take part in a public tender to acquire assets situated in Changjiang Town, Rugao City, Nantong, Jiangsu Province. The assets include land covering an area of approximately 67,700 square metres, properties with a total gross floor area of around 37,900 square metres (including office buildings, workshops and security rooms), auxiliary facilities, as well as 19 overhead cranes. The formal current bid price is about RMB 78.47 million (excluding tax), with a tender deposit of RMB 23.54 million.

According to the announcement, the Company intends to fund the acquisition consideration using proceeds from its listing, internal resources and/or bank financing.

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.