Yuexiu Property Limited announced that its subsidiary Wuhan Kangjing Industrial Investment Co., Ltd. successfully bid for the land of the Gongdesi Panghu District in Haidian District, Beijing on November 5, 2024, with a total amount of 6.382.5 million yuan. The total land area of the plot is approximately 42,463 square meters, with a planned total construction area of approximately 143,608 square meters, including a calculated building area of approximately 89,173 square meters, designated for residential use, and planned for the construction of residential properties for sale. The location of the plot is excellent, adjacent to Zhongguancun Software Park and many well-known universities. The Board of Directors believes that this acquisition will increase the company's high-quality land reserve and further strengthen its strategic position in Beijing.

Yuexiu Property Limited announced that its subsidiary Wuhan Kangjing Industrial Investment Co., Ltd. successfully bid for the land of the Gongdesi Panghu District in Haidian District, Beijing on November 5, 2024, with a total amount of 6.382.5 million yuan. The total land area of the plot is approximately 42,463 square meters, with a planned total construction area of approximately 143,608 square meters, including a calculated building area of approximately 89,173 square meters, designated for residential use, and planned for the construction of residential properties for sale. The location of the plot is excellent, adjacent to Zhongguancun Software Park and many well-known universities. The Board of Directors believes that this acquisition will increase the company's high-quality land reserve and further strengthen its strategic position in Beijing.