YUEXIU PROPERTY (00123) successfully won a land parcel in Chenghua District, Chengdu City for 1.036 billion yuan.

YUEXIU PROPERTY (00123) announced that on March 31, 2026, through its subsidiary Chongqing Yuejia Real Estate Development Co., Ltd. (Chongqing Yuejia), in which the company holds 95.475% equity interest, successfully won the bid for the land parcel with the number CH01(070102) in Chenghua District, Chengdu through public listing with a total of 1.036 billion RMB. The land parcel in Chenghua District, Chengdu covers an area of approximately 32,172.32 square meters, with a total potential construction area of approximately 96,903.13 square meters, including a calculated construction area of about 64,344 square meters. The land parcel in Chenghua District, Chengdu is intended for residential use, and the residential properties to be built on the land are planned for sale. Located in the core area of Cuijiadian block in Chenghua District, Chengdu, the land parcel is part of the key development area in Chenghua District and the economic hub gathering zone. In terms of surrounding facilities, the land parcel is approximately a 2-minute walk from the Subway Line 7 Shuangdian Road Station and is adjacent to the Middle Ring Road. Within a 3-kilometer radius, there are high-quality facilities such as Chengdu Normal University Affiliated Elementary School Chengdong Campus, large top-tier commercial centers, and parks, making it well-equipped with various amenities. The Board of Directors believes that the acquisition of the land parcel in Chenghua District, Chengdu at a reasonable cost will increase the company's high-quality land reserves and further consolidate the company's strategic position in Chengdu.