Xinxing Group (01170.HK) subsidiary plans to sell Zhuhai property for 50 million yuan.

Zhitong Finance APP News, Xinxing Group (01170.HK) announced that on June 23, 2026, the seller (an indirectly wholly-owned subsidiary of the company, Zhuhai Economic Special Zone Meixing Footwear Co., Ltd.) intends to sell the property to the buyer (Zhuhai Ruiyuan Culture Communication Co., Ltd.) for a price of 50 million yuan. The property is located at No. 1, Cuizhu Street, Cuizhu Industrial Zone, Qianshan District, Zhuhai City, Guangdong Province, China, including buildings A, B, and C.