Ju Teng International Holdings' (HKG:3336) indirect unit, Lian-Yi Precision (Zhongshan), agreed to sell an industrial property to Guangdong Rushan Intelligent Technology for 145 million yuan.
The property includes a land plot of approximately 70,000 square meters and associated buildings, located at Huojv Development Area Technology East Road, Zhongshan, China.
The manufacturer of notebook computer casings said the disposal is part of the group's efforts to gradually shift its production plants in mainland China towards Vietnam, according to a Wednesday filing with the Hong Kong Exchange.
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