Jinjiang Online announced on September 23 that the Shanghai Baoshan District Land Reserve Center plans to acquire and reserve state-owned land and aboveground buildings, etc. of Shanghai Wusong Luoji Refrigeration Co., Ltd., a holding subsidiary of the company, within 241 Anda Road, at a total storage price of 668 million yuan. According to the company's preliminary estimates, the estimated impact on the company's pre-tax profit in 2026 and future years after completion of this transaction is approximately $519 million.

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