According to the Zhitong Finance App, Yuexiu Real Estate (00123) announced that on September 4, 2026, the company successfully competed for AT1003083 and AT1003084 plots east of Daguan Road in Tianhe District of Guangzhou through a public listing of approximately RMB 2,481 billion through public listing.
The plot in Tianhe District of Guangzhou covers an area of about 82,000 square meters, with a total construction area of about 110,000 square meters, of which the planned construction area is about 67,800 square meters. The plot of land in Tianhe District of Guangzhou City is intended for residential use. Residential properties built on a plot of land in Tianhe District of Guangzhou are intended for sale. According to planning restrictions, the plot in Tianhe District of Guangzhou needs to be equipped with about 1,570 square meters of public construction facilities, about 29,151 square meters of surrounding urban roads, and about 20,604 square meters of green space. After completion, the ownership was handed over to the designated department of the local government free of charge.
The Tianhe District plot of Guangzhou is located in the Olympic Sports section of Tianhe District, east of Daguan Road and north of Daguan Park Road, about 14 km from Pearl River New Town. The plot is located in the Olympic sports sector, close to the three major central business districts of Pearl River New Town, Guangzhou International Finance City, and Pazhou, and is positioned as a high-end improved residential area. The plot has the advantage of low density. The southeast side is the company's development project, which can connect internal road networks and integrate mountain and lake landscape resources to achieve continuous overall development. The plot is about 500 meters on foot from the subway station, and is surrounded by facilities such as schools, shopping malls and hospitals. The overall transportation is convenient and fully equipped.
The board of directors believes that the company's acquisition of land in Tianhe 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.