Foshan Metro Group's wholly-owned subsidiary won a residential land in Foshan for 853 million yuan.

A residential land located in Nanhai District of Foshan City was acquired today by a wholly-owned subsidiary of Foshan Metro Group. The total land area of the plot is 78,076 square meters, with a planned construction area of 203,412 square meters. The starting price was 836 million yuan, with a starting floor price of 4,111 yuan per square meter. After 3 rounds of bidding, the plot was won by Foshan Foshan Investment Development Co., Ltd. for 853 million yuan, with a transaction floor price of 4,193 yuan per square meter, a premium rate of 2%. According to Qichacha information, Foshan Metro Group Co., Ltd. owns 100% equity of Foshan Foshan Investment Development Co., Ltd. This is the second residential land investment recently made by the company in Foshan. According to the Guangdong Province Public Resources Trading Platform, Foshan Foshan Investment Development Co., Ltd. obtained a commercial and residential land plot located on the north side of Changang Road and the east side of Hu Yi Road in Chancheng District of Foshan City on August 21, 2025, with a land area of 37,679 square meters and a transaction price of 617 million yuan.