According to the Zhitong Finance App, Lingyue Service Group (02165.HK) issued an announcement regarding the acquisition of land use rights for this land sold by the Guangyuan Natural Resources Bureau through a proposed public tender. The Board hereby updates that the Company was unsuccessful in winning the bid for the proposed land acquisition. The bid deposit amounting to RMB 43,522 million has been fully refunded to the Company without interest or deductions.

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