Jiangxi Guoguang Commercial Chains announced that its wholly-owned subsidiary, Ganzhou Guoguang, plans to establish a wholly-owned subsidiary in Ruijin City, Jiangxi Province, with a total investment not exceeding 0.26 billion yuan within 18 months. The investment is mainly for purchasing the state-owned land use rights and ongoing projects from Ganzhou Shuofeng Real Estate Co., Ltd., civil construction decoration projects, equipment procurement, startup expenses, and working capital. Among them, 0.115 billion yuan in cash is intended to be used to purchase the symbol assets.
国光连锁：全资子公司拟投资2.6亿元购买资产
Jiangxi Guoguang Commercial Chains: A wholly-owned subsidiary plans to invest 0.26 billion yuan to purchase assets.
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