Jihua Group (603980.SH), a wholly-owned subsidiary, intends to sell part of its assets for a price of 85 million yuan.

Zhitong Finance and Economics APP News, Ji Hua Group (603980.SH) announced that its wholly-owned subsidiary Jiangsu Ji Hua Chemical Co., Ltd. intends to sell 300,030.60 square meters of land use rights and 30,182.06 square meters of property rights on the property registered on "Su 2018 Binhai County Real Estate Rights No. 0000604" to Binhai County Coastal Investment and Development Co., Ltd., as well as other buildings, structures, and ancillary facilities on the land mentioned above. The total transaction amount for this transaction is 85 million yuan.