[ET Net News Agency, 18 May 2021] Kimou Environmental Holding Limited (06805) said its
subsidiary Qingshen Jinyuan has successfully bid and won the public tender for the land
use right of the Sichuan Land 3. The successful bidding price for the land use right of
the Sichuan Land 3 is RMB8,843,100.
Together with the acquisition of the land use rights of the Sichuan Land 1 and the
Sichuan Land 2 by the group earlier in April 2021, it is intended that the acquisition of
the Sichuan Lands is to be used for the development of an electroplating industrial park
and related facilities for the expansion of the group's principal business. (RC)