Precision Steel Construction (600496.SH) subsidiary won the bid for a land parcel in Minhang District, Shanghai for 546 million yuan.

Wisdom Financial APP News, Jinggong Steel (600496.SH) announced that its subsidiary Zhejiang Jinggong Steel Structure Group Co., Ltd. recently successfully bid for a residential land in Shanghai. The land will be used for the development and construction of high-quality residential units that meet the "good house" standards. The land parcel is located in Minhang District, Unit 24A-06A of MHC10402, with a transaction price of 546.48 million yuan and a total area of 9319.60 square meters.