LVGEM China Reports RMB73 Million Property Disposal and Ongoing Cost Controls
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LVGEM (China) Real Estate Investment Company Limited reported a quarterly update, highlighting a RMB73 million property disposal and ongoing cost control measures. The company is actively negotiating new loans for property development and has implemented marketing strategies to boost sales. Cost control has effectively reduced administrative and financial expenses. The Board will continue to provide updates in line with Listing Rules, advising shareholders and potential investors to exercise caution in trading the company's shares.
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