---
title: "RICI HEALTH spent 200 million yuan to acquire residential property in Shanghai"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/264315742.md"
description: "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)"
datetime: "2025-11-05T00:45:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264315742.md)
  - [en](https://longbridge.com/en/news/264315742.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264315742.md)
---

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

According to a report from Economic Information Agency on the 5th, RICI HEALTH (01526) announced that it has entered into 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. In light of 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 represents an excellent investment opportunity. (wh)

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