Nanjing Pharmaceutical: Yanzheng Lane property listed for rent, Wan Gu company renting for nearly one billion yuan

date
21/08/2025
Announcement of Nanjing Pharmaceutical Co., Ltd.: Progress in the listing for rental of real estate located at No. 27 Yanling Lane, Qinhuai District, Nanjing. On June 23 - 25, 2025, the Board of Directors of the company agreed to publicly list the property for rent, with an initial annual rent of 7.1155 million yuan, a lease term of 13 years, and an expected total rental income of 97.0973 million yuan. From July 16 to 29, bids were solicited from potential lessees, with only Wan Gu Enterprise Management Group Co., Ltd. meeting the qualifications to apply. On August 20, the company received a confirmation of the transaction, with Wan Gu Company as the lessee, at a price of 7.1155 million yuan per year, with a total transaction amount of 97.0973 million yuan. Wan Gu Company has a registered capital of 66.667 million yuan and has no affiliation with the company.