
YUEXIU PROPERTY's subsidiary successfully acquired the Kangqiao land parcel in Gongshu District, Hangzhou for 1.33 billion yuan

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YUEXIU PROPERTY successfully acquired the Kangqiao plot in Gongshu District, Hangzhou, for RMB 1.33 billion through its subsidiary Hangzhou Yuelong. The plot covers approximately 34,165 square meters and is intended for residential development. According to the plan, the site must include a childcare facility, a children's growth center, and a community canteen, which will be handed over to the government free of charge upon completion. This move will enhance YUEXIU PROPERTY's land reserves and strategic position in Hangzhou
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