Pengding Holdings announced that Qingding Precision Electronics Co., Ltd., a wholly-owned subsidiary of the company, recently competed for the right to use two state-owned construction land in Huai'an City, namely a plot on the east side of Fujing Road and a plot on the east side of Baowu Road. The total land use is Class II industrial land, with a total transaction price of 78.75 million yuan. The sale period is 50 years, and will be used to meet the company's investment needs in the PCB industry and supporting the construction of dormitories for employees. This transaction does not constitute a related transaction or major asset restructuring. The source of capital is own capital, and it will not have a significant adverse impact on the company's finances and operations.

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