Jiacheng ultrasound (688392.SH) announced that its subsidiary Jiacheng Development recently participated in the state-owned land use rights auction held by the Minhang District Planning and Natural Resources Bureau of Shanghai in accordance with legal procedures, and successfully bid for the state-owned construction land use rights for 102.24 million yuan (parcel number: 202412593568007754), and signed the "Shanghai State-owned Construction Land Use Right Transfer Contract". After obtaining the land use rights this time, the company will continue to promote the construction of this project, focus on its core business, increase research and development investment, actively expand its business scale, accelerate the industrialization process of new products and technologies, and enhance the company's overall competitiveness.
The land use rights acquired this time will be used for the construction of the "Jiacheng Ultrasound Headquarters Base and Advanced Ultrasound Equipment Industrialization Project", which is in line with the company's strategic planning and operational development needs, does not affect the normal operation of the company's core business, and does not harm the interests of the company and all shareholders. After the project is completed and put into operation, it will help further enhance the company's market competitive advantage and comprehensive competitiveness, and promote the long-term development of the company.
