
Idle assets under the branches and subsidiaries of CAHIC will be confiscated

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CAHIC announced that the People's Government of Chengguan District, Lanzhou City has decided to requisition the idle assets under its branch and wholly-owned subsidiary, involving state-owned land, buildings, and equipment, with an assessed value of 229 million yuan. The requisition work will be organized and implemented by the Housing and Urban-Rural Development Bureau of Chengguan District, Lanzhou City, and the Yanchang Road Street Office has been entrusted to be responsible for the compensation and resettlement work
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