Beijing Urban Construction Investment & Development Co., Ltd. (600266.SH) Subsidiary Secures Multi-Purpose Land in Beijing's Dongcheng District for RMB 2.028 Billion

Stock News11-19

Beijing Urban Construction Investment & Development Co., Ltd. (600266.SH) announced that its wholly-owned subsidiary, Beijing Chengjian Xingrui Real Estate Development Co., Ltd., has successfully acquired the state-owned construction land use rights for multi-purpose land parcels 0127-0201, 0202, 0203, and 0204 in Lots 4 and 5 of the Qinian Street West Reconstruction Project in Dongcheng District, Beijing, for RMB 2.028 billion. The land parcels, located within the southern Second Ring Road of Dongcheng District, cover a total area of 22,756.72 square meters with an above-ground construction scale of 25,000 square meters.

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