According to Zhitong Finance App, Yuexiu Real Estate (00123) announced that on July 20, 2026, it successfully competed for AB2914005 and AB2914006 plots on the west side of Zhengtong Road in Baiyun District of Guangzhou (Guangzhou Baiyun District) through a public listing process of approximately RMB 1,012 billion through public listing.
The plot of land in Baiyun District of Guangzhou covers an area of about 26,440 square meters, with a total construction area of about 56,933 square meters, of which the planned construction area is about 26,428 square meters, including a planned residential area of about 23,746 square meters and a planned construction area of cultural facilities about 2,682 square meters. The plot of land in Baiyun District of Guangzhou is intended for residential and cultural facilities.
The Guangzhou Baiyun District plot is located on the west side of Baiyun District Government, south of Baiyun Avenue and north of Xiatang West Road. The plot is scarce low-density residential land in the central city of Guangzhou. The Sanyuanli sector is the administrative core of Guangzhou's Baiyun District. It mainly has commercial, residential services and professional market support, and is connected to the core area of Baiyun New Town and Yuexiu District. In terms of transportation, the plot is about 300 meters from the subway station, 3 km from the Baiyun New Town business district, and 12 km from the Pearl River New Town. The surrounding education and medical facilities are concentrated, the transportation is convenient, and the facilities are mature
The board of directors believes that the company's acquisition of land in Baiyun District of Guangzhou at a reasonable cost will increase the company's high-quality land reserves and further consolidate the company's strategic position in Guangzhou.