RICI HEALTH spent 200 million yuan to acquire residential property in Shanghai

According to a report from Economic Information Daily on the 5th, RICI HEALTH announced that it has signed a pre-sale contract for commercial housing in Shanghai, spending RMB 199 million to acquire a property in Shanghai. The group stated that the property is a residential unit located on Longqi Road in Shanghai, China, with a total construction area of approximately 570 square meters. Given the surrounding development projects and the growth of Shanghai, the board is optimistic about the long-term capital appreciation potential of the property, believing that the acquisition will present an excellent investment opportunity. (wh)