Walden International (09981.HK): The holding subsidiary Walden New Energy successfully won the land use rights for a plot in Longtian Street, Pingshan District, Shenzhen.

date
05/08/2026
Zhitong Finance APP reported that Walden Co., Ltd. (09981.HK) announced that, in order to meet the operational space needs of its holding subsidiary, it consented to its subsidiary Shenzhen Walden New Energy Electric Technology Co., Ltd. (referred to as Walden New Energy) participating in the bidding for land use rights with self-raised funds not exceeding RMB 9 million. The land being bid on is an industrial plot located in Longtian Street, Pingshan District, Shenzhen, with a plot number of G13111-0115, covering a total area of 2,322.65 square meters. The starting price for this land auction is RMB 7.15 million, and the bid deposit is RMB 1.43 million. On August 5, 2026, the holding subsidiary Walden New Energy successfully won the above-mentioned land use rights and signed the "Transaction Confirmation" (Shen Tu Jiao Cheng [2026] No. 48) with the Land and Mining Rights Business Branch of Shenzhen Trading Group Co., Ltd., which was entrusted by the Pingshan Bureau of Planning and Natural Resources of Shenzhen. The total transaction price was RMB 7.15 million.