Shanghai Electric Announces RMB166 Million Property Sale via Public Tender

Reuters
2025.12.30 10:46
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Shanghai Electric Group Co. Ltd. has announced the sale of its property at No. 188, Linchun Road, Shanghai, via public tender, valued at RMB166.34 million. The transaction is expected to boost the company's net profit by approximately RMB105 million, pending audit confirmation. The counterparty will be selected through the tender process.