
New Focus Auto Tech Acquires Shanghai Land Use Rights for RMB46.34 Million

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New Focus Auto Tech Holdings Ltd. has announced the acquisition of land use rights for a plot in Qingpu District, Shanghai, through its subsidiary, New Focus Technology (Shanghai). The rights were secured via public bidding for RMB46.34 million. This transaction is classified as a discloseable transaction under Hong Kong Listing Rules but does not require shareholder approval.
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