After Several Changes In The Stock Price, Huafang Textile Finally Issued A Notice Of Relocation

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hfang spin The recent stock price changes are obvious, and an announcement that land may be stored has finally solved the mystery.

After several changes in the stock price, Huafang Textile (600273), which was suspended for one day due to the non announcement of major issues, finally announced land appraisal and other issues. Huafang Textile announced today that the location of the company is expected to be included in the overall urban renewal plan of the local government. If the large area of land owned by the company can be revalued and stored by the government, the company is expected to obtain considerable land price compensation.

Huafang Textile said that according to the announcement of Zhangjiagang Overall Urban Planning 2011-2030 and the policy guidance of "returning the second to the third" published by the local government, the staff of the Economic Service Center of the People's Government of Tangqiao Town, Zhangjiagang City, the Land Collection and Storage Center of Zhangjiagang City and the staff of relevant assessment agencies had preliminary communication with the company on land assessment matters, Prepare and carry out asset appraisal in advance. However, the company announced that, up to now, Huafang Textile, Zhangjiagang City Land Acquisition and Storage Center and Tangqiao Town People's Government have not formed and signed a letter of intent agreement, memorandum and other documents on the acquisition and storage, and the company has not yet received relevant documents from the government departments on the issue.

Zhangjiagang Daily, Zhangjiagang City Exhibition Hall, Zhangjiagang City Planning Bureau website and other local information platforms, such as China Zhangjiagang website, Zhangjiagang government website, Zhangjiagang Daily, Zhangjiagang City Exhibition Hall, Zhangjiagang City Planning Bureau website, etc master plan 2011-2030 and other policy guidelines such as "returning two to three". According to the plan, Zhangjiagang City will form a spatial structure of "overall city, one city and four districts" consisting of the central urban area with Yangshe and Tangqiao as the main parts and four districts around Jingang District, Jinfeng District, Leyu District and Fenghuang District. To this end, Zhangjiagang will adjust the distribution structure of land use, from the urban and rural areas of the city "blooming everywhere" to the central urban area and industrial agglomeration. Huafang Textile is located in Tangqiao Town, which is the central urban area under planning. The implementation of the policy and the feasibility of major issues need to be determined separately according to the evaluation report issued by the professional evaluation agency and the specific negotiations between the collection and storage parties.

The reporter inquired the website of Zhangjiagang Municipal Planning Bureau and found that according to the planning idea of the latest Zhangjiagang Urban Master Plan 2011-2030 published by the local government, the central urban area of Zhangjiagang will form an urban spatial structure of "one core and two clusters", while Tangqiao Town, where Huafang Textile is located, is located in "Tangqiao Cluster", one of the "two clusters", It includes three functional zones: the hub business core area, Luyuan productivity promotion base and Tangqiao living service area. If the plan can be implemented, the value of commercial and residential land near the transportation hub will be greatly increased. If a large area of land where Huafang Textile is located is revalued, it will provide a huge imagination space for the company's value promotion and subsequent restructuring and development.

The board of directors of the company confirmed that up to now, the company has no basis《 Shanghai Securities Matters that should be disclosed but are not disclosed according to the Listing Rules of the Exchange for Shares and other relevant provisions. The production and operation of the company are normal, and there is no situation that has a significant impact on the company.