Chinese Construction: Approximately 15.478 billion yuan acquisition of equity in Shanghai real estate projects.

Chinese construction announcement, its subsidiary, China Overseas Enterprise Development Group Co., Ltd., acquired 50.5% equity of Xin Dong'an Company and related debts for 7.341 billion yuan, and acquired 30.5% equity of Xinbiaoan Company for 812 million yuan, participating in the real estate development project investment in Xuhui District, Shanghai. The total land area of this project is approximately 134,100 square meters, and the total construction area is approximately 534,100 square meters, including planned uses such as residential, commercial, office, and research and design. This transaction is beneficial for enhancing the company's influence and brand appeal in the Shanghai regional market.