Space communications subsidiary for relocation compensation increased by more than 60 million yuan

NetEase Finance November 23 Space communications Tuesday Evening released a notice said, the company's subsidiary of Chengdu Aerospace due to demolition compensation, to achieve net profit of more than 60 million yuan. The announcement shows that November 22, Chengdu Aerospace and Chengdu Chenghua District Dangerous buildings Reform and Development Office (abbreviation: Rebuild Office) signed the "Urban Housing demolition Compensation settlement contract" and "Urban housing demolition Compensation Settlement Contract supplementary agreement."　　According to the evaluation price of the house, the Rebuild office pays the total RMB 87509260 for the compensation of the space housing in Chengdu, and the other compensation expenses other than the compensation for the housing assets are 32514032 yuan.　　Within 10 working days after the entry into force of the contract, rebuild office will pay 90% of the total compensation for the demolition of the space house in Chengdu, that is, RMB 78758334, in Chengdu space to the land of all the housing delivery, and the completion of the real estate certificate after the cancellation of 10 work, by the Rebuild Office support Space communication, according to the preliminary calculation, in the above demolition compensation fees are in place, Chengdu Aerospace will contract the corresponding assets transfer completed, the estimated cumulative net profit of more than 60 million yuan, in accordance with the accounting standards and related explanations for accounting treatment.