New Focus Auto Tech Holdings (HK:0360) has released an update.
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New Focus Auto Tech Holdings is set to receive approximately RMB370 million as compensation for the expropriation of its non-residential property by Shanghai Qingpu Industrial Park Development. The company plans to use this opportunity to explore new locations for its production plant while aiming to minimize any negative impact on its operations. Shareholders and investors are advised to stay informed about further developments.
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