FilingReader Intelligence

North Navigation subsidiary sells land for 19.8m yuan

July 16, 2025 at 05:09 PM UTCBy FilingReader AI

North Navigation Control Technology sold a subsidiary's idle land and properties to the Hengyang Municipal Land Reserve Center for 19.8 million yuan.

The transaction will generate a comprehensive profit of 12.9 million yuan, exceeding 10% of North Navigation's 2024 net profit.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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