Baosi Co. Subsidiary Acquires Industrial Land in Jiangxi for 18.44 Million Yuan

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Summary · why it matters

Jiangxi Baosi Industrial Chain Service Co., a wholly owned subsidiary of Ningbo Baosi Energy Equipment Co., has acquired the state-owned construction land use rights for plot L2-15 in Poyang Industrial Park for 18.4397 million yuan. The total land area is 157,604.54 square meters. The site will be used to build a new production base for refrigerant compressors and heat pumps. The company's board of directors had previously approved a proposal to inject 500 million yuan into the subsidiary and invest in the project.

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江西鲍斯产业链服务有限公司Private▲ Positive
Capitalrelevance

As the subsidiary acquiring the land, it directly benefits from the investment and expansion.

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