On January 6, Gelonghui reported that Xiamen C&D Inc. (600153.SH) announced that on January 2, 2025, its holding subsidiary C&D INTL GROUP successfully acquired the land use rights of the second phase (remaining land) of the Zhu Fang Si Street shantytown renovation project in the northern area of Dongsheng Town, Haidian District, Peking, through public bidding. The total price of the land is 9.04 billion yuan. The site is located in Dongsheng Town, Haidian District, Peking, bounded to the north by the southern red line of the planned Qinghe South Street, to the east by the western red line of the planned Qinghe West Road, to the south by the green control line of the north bank of the Qinghe River, and to the west by the eastern red line of the planned Zhu Fang South Third Street. The total price of the site is 9.04 billion yuan, covering an area of 0.0393 million square meters, with a floor area ratio of 2.42 and a planned construction area of 0.0951 million square meters. The nature of the land is R2 second-class residential land.