C&D International Partners With Lianfa Group to Develop Hangzhou Residential Projects

• C&D International Investment Group entered a Hangzhou residential development partnership with Lianfa Group on October 20, 2026.
• Its subsidiary Yi Yue expects to commit approximately RMB 2.79 billion, funded from internal resources.
• The partnership covers two land parcels acquired for a total RMB 2.89 billion.
• Yi Yue and Lianfa will each hold 50% equity, with respective voting rights of 49% and 51%.
• The project company will become an unconsolidated associate upon completion; the transaction requires independent shareholder approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. C&D International Investment Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261020-12377214), on October 20, 2026, and is solely responsible for the information contained therein.