On June 17th, Gelunhui reported that Guangdong Rifeng Electric Cable Co., Ltd. further optimized its resource allocation based on the company's development strategy and in conjunction with the efficient utilization of land resources in the jurisdiction of Bengbu City, Anhui Province. On June 17, 2024, the 5th board of directors and the 14th supervisory board of the 5th session were held in the company conference room. The "Proposal on the Government's Compensated Recovery of Subsidiaries' Land Use Rights" was deliberated and approved, agreeing that the Management Committee of Bengbu High-tech Industrial Development Zone in Anhui Province should receive compensation for the company's wholly-owned subsidiary Anhui Rifeng Technology Co., Ltd.'s state-owned construction land use rights (including real estate and ancillary facilities) located on the east side of Changzheng South Road and the north side of Jianggu Road in Bengbu High-tech Zone, with an area of 66,666.67 square meters for industrial use.
日丰股份(002953.SZ)：政府有偿收回子公司土地使用权
Guangdong Rifeng Electric Cable (002953.SZ): Government compensated for the reclamation of subsidiary's land use rights.
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