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Hebei Jinniu Chemical received compensation for relocation of PVC devices
According to today's announcement of Hebei Jinniu Chemical Industry Co., Ltd., according to the “Draft Plan of Zhangzhou Chemical Industry Co., Ltd.,†the land released by the company after the relocation of the 60,000-ton PVC production line in Quzhou City will be The development and utilization of vacated land will provide policy support for enterprises and help enterprises improve their solvency. On December 28, 2007, the parties concerned signed the “Hebei Jinniu Energy Co., Ltd. Reorganization of Zhangzhou Chemical Industry Co., Ltd. Agreement†and agreed on relevant issues. On December 26, 2009, the company received RMB 6,660.66 million of housing and land purchases paid by the Zhangzhou Municipal Land Reserve Center. The Group’s buildings on the ground compensated 9.735 million yuan, and the Group’s compensation for the removal of buildings and machinery and equipment was RMB 8,773,200. A total of 10,471.57 ten thousand yuan.