Changshan North Ming (000158): Fifth Branch Plant Land Delivery And The Signing Of The State-Owned Land Acquisition (Return) Contract

Changshan North Ming (000158.SZ) announced that the Shijiazhuang land reserve center represents the land area of the fifth branch company of the Shijiazhuang Municipal People's government's paid acquisition (back) company, which has an area of 122118 square meters (183.18 mu). After deliberation and adoption at the seven ten session of the board of directors of the company, the company intends to sign the supplementary contract with the Shijiazhuang land reserve center and the original contract for the acquisition and purchase of land use rights (2011 (37)), and complete the land delivery on schedule according to the contract. The matter does not constitute a connected transaction, nor does it constitute a major asset reorganization stipulated in the administrative measures for the major asset reorganization of listed companies.

The land delivery and the signing of the contract, the company's fifth branches of land delivery and public auction, the company is in accordance with the main city of Shijiazhuang City Industrial Enterprises relocation and transformation of the Shijiazhuang city's overall construction planning requirements, the auction of land acquisition compensation will greatly increase the company's cash reserves, improve the company's financial situation, and have a positive impact on the production and operation of the company.