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Jinyu Group (601992.SH) subsidiary competed for RMB 3.364 billion for a shantytown plot in Baoshan Village, Haidian District, Beijing

Zhitongcaijing·06/05/2025 11:17:02
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Zhitong Finance App News, Jinyu Group (601992.SH) announced that Beijing Jinyu Real Estate Development Group Co., Ltd. (abbreviation: Jinyu Real Estate), a wholly-owned subsidiary of the company, recently obtained the “Beijing State-owned Construction Land Use Rights Listing and Sale Transaction Confirmation”. Through public listing and bidding, Jinyu Real Estate won the right to use the HD00-1412-0017 Class II urban residential land state-owned construction land for the HD00-1412-0017 shantytown renovation project in Haidian District, Beijing. The total land area was 28,592.77 square meters, the planned floor area was 60,044.82 square meters, and the total transaction price was 3.364 billion yuan. Currently, Jinyu Real Estate owns 100% interest in the project.