Shenzhen International (00152): Land retention in the second phase of the South China Transformation Project (Phase 1) has been approved by the Longhua District Government, and work related to land supply will be carried out

According to the Zhitong Finance App, Shenzhen International (00152) issued an announcement. On December 26, 2025, the Longhua Bureau of the Municipal Bureau of Planning and Finance announced that the second phase of the South China Transformation Project's land retention phase (phase 1) (i.e. plot 02-20-02) has been approved by the Longhua District Government and will carry out work related to land supply. The publication of the notice indicates that the Group has obtained the right to develop the plot and will carry out subsequent development work after officially completing the relevant land concession procedures. The plot is planned as Class II residential land, with a land area of 25,008 square meters and a planned floor area ratio of 5.8. The Group will make every effort to advance its development and construction work, focus on building high-quality exemplary residential projects, and ensure timely return of sales payments and cash flow.