On December 9, Gelonghui reported that china cyts tours holding (600138.SH) announced that due to urban planning adjustments, the Tongxiang City Natural Resources and Planning Bureau intends to reclaim part of the land use rights for Wuzhen Tourism, with a reclaimed land area of 92,852.79 square meters. After negotiations, the Wuzhen Town People's Government, as a representative, will pay 172 million yuan in compensation to Wuzhen Tourism, and both parties have signed the "Land Reclamation Agreement."
中青旅(600138.SH)：政府有偿收回控股子公司部分土地使用权
china cyts tours holding (600138.SH): The government has compensated for the recovery of some land use rights from its holding subsidiary.
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