will receive 113 million Yuan relocation compensation

Source: Internet
Author: User
Nanjing Pharmaceutical (600713) bulletin, the company's wholly-owned subsidiary of Nanjing Pharmaceutical Yandu Co., Ltd. in December 19, 2010 and Yancheng Yandu District, the Xindu branch signed the "Yancheng House demolition Agreement."  Due to the Yandu area, the south side of the Block land consolidation project needs, the office will be Yandu company located in the Yandu District Entertainment village of its own real estate implementation demolition. According to the agreement, the Office shall reimburse the company for the total cost of 113.5 million yuan.  The compensation section of the demolition is paid in three phases. Nanjing Pharmaceutical said that the company in full receipt of the removal of compensation, deduction of the original cost and the various taxes payable, the balance into the capital of the accumulation of other capital accumulation subjects, the company is not expected to have a significant impact.

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