Headman plans to sign a compensation agreement for the recovery of state-owned land use rights, expecting to receive compensation of 8.12 million yuan
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Headman plans to sign a compensation agreement for the recovery of state-owned land use rights, expecting to receive a compensation amount of 8.12 million yuan. Due to the reconstruction of Zhongzhong Road in Yuhuan City, the company's land has been expropriated, but it does not affect production and operations. The company has already established production bases in other regions, and the compensation amount in the agreement exceeds the net value of fixed assets and intangible assets, which will be handled according to accounting standards
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