Lingyue Service Group (02165): Proposed acquisition of land in Sichuan through public tender

Zhitong Finance App News, Lingyue Service Group (02165) announced that on August 3, 2026, the company will submit a tender for the proposed acquisition of land use rights for this land sold by the Xichang Natural Resources Bureau through public tender (that is, proposed land acquisition).

According to the provisions contained in the public tender notice, the winning bidder must sign a transaction confirmation and land use rights concession contract with the Xichang Natural Resources Bureau for the proposed land acquisition within the relevant period stipulated in the public tender notice.

The land is located on the east side of Sichuan Applied Technology Vocational School and the west side of Bangtai Jiuxitai in Xichang City, Sichuan Province, China. The total site area is 6186.13 square meters. The land is designated for commercial use, and the concession period is 40 years for commercial use. The total floor area ratio of the land must be less than 1.5.

The land is located in an excellent location in Xichang City, Sichuan Province, China, with convenient transportation and complete supporting facilities. It is currently a scarce plot of land in Xichang City. If the company successfully wins the bid in the relevant public tender, it plans to develop the land as a commercial and sell the property on the market.

The company currently operates a property management service business in Xichang, and has accumulated a stable customer base in the city to provide a certain customer resource guarantee for property development. The overall real estate market in Xichang remains stable, and considering that the plot is in an ideal location in Xichang, the high-quality commercial products provided are expected to attract the company's existing property management customers to buy their homes again and drive new customers.