FAR INTL's subsidiary and Hangzhou Xingyi Real Estate have signed six pre-sale contracts respectively
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FAR INTL signed six pre-sale contracts with Hangzhou Xingyi Real Estate to acquire properties located in Hangzhou, with a total price of 52.3233 million yuan. The property is the New Mingyue Ming Building No. 2, which is under construction, consisting of 6 floors, primarily for commercial and office use. The pre-sale permit was obtained in March 2025, and upon completion, it will be used as the group's office, which is expected to effectively reduce future rental expenses
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