Zhengye International Holdings Co., Ltd. ( (HK:3363) ) has provided an update.

Zhengye International Holdings has provided additional details on the pricing of a disclosed disposal of an industrial property in Zhongshan City, clarifying how the consideration was set. The transaction involves the first floor of a factory building with a gross floor area of about 1,208 square metres and a total price of roughly RMB7.88 million, translating to a unit price of about RMB6,523 per square metre.

The company states that the price was reached after arm’s length negotiations and benchmarking against four comparable first-floor industrial units in the same project and nearby areas, while adjusting for an estimated 10% discount from asking prices to actual transaction levels. Management emphasises that the agreed unit price falls within the prevailing market range once factors such as floor level, ceiling height, floor loading capacity and access for logistics operations are taken into account, suggesting the disposal is aligned with market valuations and supports transparent asset pricing for stakeholders.