Hangzhou Toka Ink (688571.SH): Signed the "Non-Residential Property Relocation Compensation Agreement".

Gelonghui, on December 20, announced that Hangzhou Toka Ink (688571.SH) revealed that according to the overall planning requirements for the development of the Qiantang New District in Hangzhou, the command office for the development and construction of the East Bay New City in Hangzhou intends to negotiate for the acquisition of the company's land use rights totaling 86,653 square meters located at No. 2, South 5th Street, Baiyang Street, Hangzhou Economic and Technological Development Zone, Zhejiang Province, along with the legal and compliant buildings of 63,632.27 square meters and associated structures and attachments. The total compensation for this relocation is 388.9633 million yuan. The Board of Directors has agreed that the company will negotiate with the East Bay New City Development and Construction in relation to this matter.

Gelonghui FinanceDec 20 16:16

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