---
title: "WEIGAO GROUP spent RMB 39.71 million to acquire industrial land in Weihai"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280902291.md"
description: "WEIGAO GROUP announced a related transaction to acquire an industrial land located in Weihai City, Shandong Province, adjacent to the group's production base, for a cash consideration of RMB 39.71 million, which will be paid using internal resources"
datetime: "2026-03-29T08:35:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280902291.md)
  - [en](https://longbridge.com/en/news/280902291.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280902291.md)
---

# WEIGAO GROUP spent RMB 39.71 million to acquire industrial land in Weihai

WEIGAO GROUP (01066.HK) announced a related transaction to acquire an industrial land located in Weihai City, Shandong Province, adjacent to the group's production base, for a cash consideration of RMB 39.71 million, which will be funded using internal resources

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