TIANSHENG's property located in Changzhou will be expropriated, with a total compensation of 350 million yuan

According to the Zhitong Finance APP, TIANSHENG (300169.SZ) announced that the Housing and Urban-Rural Development Bureau of Changzhou Tian Ning District plans to expropriate the company's property located at No. 508 Longjin Road, Changzhou Tian Ning District. Recently, the company signed the "Expropriation and Compensation Agreement for Houses on State-Owned Land" with the Housing and Urban-Rural Development Bureau of Changzhou Tian Ning District, with a total compensation amount of 350 million yuan