Shanghai Electric launches second tender for Linchun Road property at RMB149.91 million, a 10% markdown

Bulletin Express03-30

Shanghai Electric Group Company Limited has moved to a second round of public tender for its property and ancillary facilities at No. 188 Linchun Road, Minhang District, Shanghai, after the first attempt attracted no qualified bidders.

The initial listing on the Shanghai United Assets and Equity Exchange ran from 27 February 2026 to 26 March 2026 at the state-approved appraisal price of RMB166.57 million. With no expressions of interest received by the 27 March deadline, the board approved a renewed offering at a price 10% lower, or RMB149.91 million.

The company stated that it will continue to disclose further developments in line with regulatory requirements and urged shareholders and potential investors to exercise caution when trading its securities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1112496481?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-30 19:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1112496481","market":"hk","top_or_hot":-1,"title":"Shanghai Electric launches second tender for Linchun Road property at RMB149.91 million, a 10% markdown","media":"Bulletin Express","content":"<p>Shanghai Electric Group Company Limited has moved to a second round of public tender for its property and ancillary facilities at No. 188 Linchun Road, Minhang District, Shanghai, after the first attempt attracted no qualified bidders.</p>\n<p>The initial listing on the Shanghai United Assets and Equity Exchange ran from 27 February 2026 to 26 March 2026 at the state-approved appraisal price of RMB166.57 million. With no expressions of interest received by the 27 March deadline, the board approved a renewed offering at a price 10% lower, or RMB149.91 million.</p>\n<p>The company stated that it will continue to disclose further developments in line with regulatory requirements and urged shareholders and potential investors to exercise caution when trading its securities.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shanghai Electric launches second tender for Linchun Road property at RMB149.91 million, a 10% markdown</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShanghai Electric launches second tender for Linchun Road property at RMB149.91 million, a 10% markdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-03-30 19:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shanghai Electric Group Company Limited has moved to a second round of public tender for its property and ancillary facilities at No. 188 Linchun Road, Minhang District, Shanghai, after the first attempt attracted no qualified bidders.</p>\n<p>The initial listing on the Shanghai United Assets and Equity Exchange ran from 27 February 2026 to 26 March 2026 at the state-approved appraisal price of RMB166.57 million. With no expressions of interest received by the 27 March deadline, the board approved a renewed offering at a price 10% lower, or RMB149.91 million.</p>\n<p>The company stated that it will continue to disclose further developments in line with regulatory requirements and urged shareholders and potential investors to exercise caution when trading its securities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02727","symbol_name":"上海电气","start_time":0,"source_url":"","article_id":"1112496481","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1112496481","pubTimestamp":1774871144,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Shanghai Electric Group Company Limited has moved to a second round of public tender for its property and ancillary facilities at No. 188 Linchun Road, Minhang District, Shanghai, after the first...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02727":"上海电气"},"translate_title":"上海电气临春路物业二次招标14991万元降价10%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02727":1},"content_text":"Shanghai Electric Group Company Limited has moved to a second round of public tender for its property and ancillary facilities at No. 188 Linchun Road, Minhang District, Shanghai, after the first attempt attracted no qualified bidders.\nThe initial listing on the Shanghai United Assets and Equity Exchange ran from 27 February 2026 to 26 March 2026 at the state-approved appraisal price of RMB166.57 million. With no expressions of interest received by the 27 March deadline, the board approved a renewed offering at a price 10% lower, or RMB149.91 million.\nThe company stated that it will continue to disclose further developments in line with regulatory requirements and urged shareholders and potential investors to exercise caution when trading its securities.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1112496481","isCrawlerRequest":true}