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Shanghai Jiao Yun Group (SHSE:600676) Shareholder Returns Have Been Notable, Earning 46% in 1 Year
Shanghai Jiao Yun to Receive 127 Million Yuan for Expropriation of Shanghai Properties
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Shanghai Jiao Yun Group (600676.SH): The properties at No. 451 Jiangxi Middle Road and No. 130 Hong Kong Road have been included in the expropriation scope.
On January 16, Gelonghui reported that Shanghai Jiao Yun Group (600676.SH) announced, according to the "Decision of the Shanghai Huangpu District People's Government on House Expropriation", that due to public interest needs, the houses at 451 Jiangxi Road and 130 Hong Kong Road have been included in the expropriation scope. The compensation for the expropriation of the house at 451 Jiangxi Road is 27,087,814 yuan and the corresponding interest fee is 242,285.45 yuan, of which Shanghai Jiao Yun Group Co., Ltd. and its wholly-owned subsidiary Shanghai Lianyun Co., Ltd. (formerly Shanghai Lianyun General Company) actually received a compensation of 26,797,644.78 yuan for the expropriation of the house at 451 Jiangxi Road.
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