Financial APP News: Hefei Urban Construction Development (002208.SZ) announced that the company participated in a land use rights auction organized by the Hefei Municipal Bureau of Natural Resources and Planning on September 29, 2024. They successfully acquired Plot BH202427 in Baohe District, Hefei City through bidding. The plot is located east of Old Baohe Avenue and north of Bohai Bay Road in Baohe District, Hefei City, with an area of 91.4137 acres. The land is designated for residential use, with a plot ratio ≤1.6. The total amount for the land use rights auction is approximately 0.96 billion yuan, to be funded by the company's own capital.