FilingReader Intelligence

Northern Navigation subsidiary sells property for 19.8m yuan

July 16, 2025 at 10:09 AM UTCBy FilingReader AI

Northern Navigation subsidiary Hengyang Northern Opto-electrical will sell idle factory land and property to Hengyang Land Reserve Center for 19.8 million yuan.

The transaction will generate a comprehensive gain of 12.9 million yuan, exceeding 10% of Northern Navigation's 2024 audited 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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