Oriental University City Holdings HK Ltd. Announces Major Transaction: Disposal of Lifestyle Commercial Building in Langfang City

Oriental University City Holdings (H.K.) Limited has announced a major transaction involving the disposal of a lifestyle commercial building. On July 4, 2025, Langfang Tonghui Education Consulting Co., Ltd., acting as vendor under the instruction of Tongrui, signed a Sale and Purchase Agreement $(SPA.UK)$ with Langfang Sanjiasan Education Technology Co., Ltd., the purchaser. The transaction, valued at RMB 18.00 million (approximately HK$19.74 million), involves a property located in Oriental University City, Langfang Development Zone, Hebei, China. The property includes land use rights for a plot of land with an estimated area of 6,937.20 sq. m. and buildings with a gross floor area of 6,809.31 sq. m. The term of the land use right extends until July 13, 2053. The property is currently free from mortgage or charge. This disposal is part of the company's strategic activities in managing and leasing educational and commercial properties across various countries, including China, Malaysia, Indonesia, and Switzerland.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oriental University City Holdings HK Ltd. published the original content used to generate this news brief on July 04, 2025, and is solely responsible for the information contained therein.