China Boton Group Announces Major Land Resumption Deal in Shenzhen

Reuters
2025.12.28 23:40
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China Boton Group Co. Ltd. has announced a significant land resumption deal in Shenzhen's Nanshan District. The company has entered into a supplemental agreement with local authorities and Shenzhen Baishuo New City Investment Co., Ltd., ensuring that Shenzhen Boton's rights are protected. The agreement includes provisions for recourse if obligations are not met by the local authority or Baishuo Xincheng.