Is Lugang Technology moving away?

Yes Jiangsu Lugang Technology Co., Ltd. disclosed that some of its subsidiaries and factories located in Luyuan Industrial Park, Tangqiao Town, Zhangjiagang City were included in the scope of land acquisition due to the overall urban planning and urban construction requirements of the government of Tangqiao Town, Zhangjiagang City. The company has signed a monetary compensation agreement for non-residential demolition in Tangqiao Town, Zhangjiagang City, and needs to move. Jiangsu Lugang Technology Co., Ltd. was established on March 2, 1998, and registered in Luyuan, Tangqiao Town.