Gelonghui September 26?Qixia Construction (600533.SH) announcedOn August 25, 2023, Nanjing Bincheng renovation and Development Co., Ltd. won the right to the use of state-owned construction land in Nanjing NO.2023G43 site with a bid price of 3.18 billion yuan. In order to further implement the company's development strategy of taking real estate as the main business and disperse business risks, the company plans to jointly invest with Bincheng Development to set up Nanjing Xingcheng Real Estate Development Co., Ltd., with a registered capital of 300 million yuan. Bincheng Development's shareholding is 80%; the company's shareholding is 20%. After the establishment of Nanjing Star City, as the main body of the development of plot G43, it will undertake the project development and construction of the site.
栖霞建设(600533.SH)：拟参股设立南京星城房地产开发有限公司
Qixia Construction (600533.SH): To participate in the establishment of Nanjing Star City Real Estate Development Co., Ltd.
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