1904 Cheng Loong: Sale of Factory and Land Use Rights by Suzhou Subsidiary
NQ Score
51/100
N1 Content Completeness
10
AI Summary (NQ-processed)
Cheng Loong (1904) announced that its subsidiary, Suzhou Cheng Loong Paper, will sell its factory and land use rights in Suzhou for 186 million RMB, expecting a profit of 135 million RMB.
AI Analysis
Frequently Asked Questions
- Q: Why did Cheng Loong sell the Suzhou plant?
- A: To optimize assets and improve financial structure.