---
title: "WUHAN YOUJI plans to acquire a plot of land in Malaysia for 36.4659 million Malaysian Ringgit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259509357.md"
description: "WUHAN YOUJI plans to acquire a plot of land in Malaysia for 36.4659 million Malaysian Ringgit, aiming to establish an overseas production base for manufacturing export products. The plot covers an area of approximately 12.854 acres, with a lease term of 60 years. The acquisition is expected to mitigate risks arising from fluctuations in international trade policies and enhance the group's global competitiveness and brand image"
datetime: "2025-09-30T10:53:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259509357.md)
  - [en](https://longbridge.com/en/news/259509357.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259509357.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/259509357.md) | [繁體中文](https://longbridge.com/zh-HK/news/259509357.md)


# WUHAN YOUJI plans to acquire a plot of land in Malaysia for 36.4659 million Malaysian Ringgit

According to the Zhitong Finance APP, Wuhan Youji (02881) announced that on September 30, 2025, the buyer Benzoplus Chemicals (M) Sdn. Bhd. (a wholly-owned subsidiary of the company) and the seller Johor Corporation entered into a sales agreement, in which the seller conditionally agreed to sell and the buyer conditionally agreed to purchase the land parcel for a purchase price of 36.4659 million Malaysian Ringgit (approximately 61.55 million yuan).

The land parcel is a 60-year leasehold located at PLO 326, Tanjung Langsat Industrial Complex, with an area of approximately 12.854 acres (approximately 559,900 square feet).

The group's existing production facilities are located in mainland China, and its products are significantly affected by fluctuations in international trade policies. The proposed acquisition of the land in Johor, Malaysia, is primarily aimed at establishing an overseas production base for manufacturing export products. The establishment of this overseas production base is expected to mitigate the adverse effects of changes in international trade policies and reduce the group's production and trade risks. In addition, the overseas production base will serve as an important milestone for the group's further internationalization and long-term development. This move is expected to enhance the group's global competitiveness and strengthen its international brand image and recognition

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