Huaying Technology signs land recovery compensation contract with government, receives 348 million yuan

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Huaying Technology Group announced on September 8, 2026 that it has signed a State-owned Construction Land Use Right Recovery Compensation Contract with the Fuzhou Mawei District Natural Resources and Planning Bureau and the Land Development Center. The contract covers two parcels in Mawei Town, Mawei District, totaling 147.19 mu, with total compensation of 348 million yuan. The matter has been reviewed and approved by the company's board of directors and extraordinary shareholders' meeting, and the company said it will proceed with follow-up work in accordance with the contract.

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