HanGao Group: plans to spend 252 million yuan to purchase land and invest 2.018 billion yuan to build projects.

Han high group announced that on March 25, 2026, the company signed the "State-owned Construction Land Use Right Transfer Contract" and the "Investment Development and Construction Agreement" with the Natural Resources Bureau of Foshan City and the Management Committee of Shunde High-tech Industrial Development Zone of Foshan City, respectively. The company won the bid for the second phase of the Shunde High-tech Zone in Foshan City, Guangdong Province with a bid of 252 million yuan. The land area is 168,133.48 square meters, with a land use period of 50 years. The project investment is not less than 2.018 billion yuan, and the construction time is 66 months after winning the land bid. This project will increase production capacity and enhance the company's competitiveness, but there is uncertainty in the relevant approval procedures.