---
title: "Yuexiu Property unit forms JV with Binjiang Real Estate for Hangzhou residential project"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291938021.md"
description: "Yuexiu Property unit Hangzhou Yile formed a joint venture with Binjiang Real Estate for a Hangzhou residential project. The JV has RMB 720 million registered capital, split 50.5% to Yile and 49.5% to Binjiang. Yile holds a 70.3% effective interest post-completion (30.3% direct, 20% each via partners) at a total consideration of RMB 761.18 million. Land premium is RMB 2.43 billion, payable by mid-2027."
datetime: "2026-07-07T13:03:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291938021.md)
  - [en](https://longbridge.com/en/news/291938021.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291938021.md)
generator: "portal-rs"
---

# Yuexiu Property unit forms JV with Binjiang Real Estate for Hangzhou residential project

-   Yuexiu Property unit Hangzhou Yile entered a cooperation agreement to form a JV with Hangzhou Binjiang for a Hangzhou residential land project. \* Deal targets 70.3% effective interest in the project company; post-completion ownership: Hangzhou Yile 30.3%, Binjiang 29.7%, two partners 20% each. \* Hangzhou Yile’s total consideration set at RMB 761.18 million, including RMB 363.6 million equity contribution, RMB 397.08 million shareholder loan, RMB 506,764.13 interest. \* JV to have registered capital of RMB 720 million, split 50.5% Hangzhou Yile, 49.5% Binjiang; project company results to be consolidated. \* Land premium totals RMB 2.43 billion; payments due by July 9, 2026 and June 9, 2027. 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. Yuexiu Property Co. 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-20260707-12237019), on July 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**