JBDC's subsidiary Tianjin Taihong jointly won a residential land bid
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JBDC's wholly-owned subsidiary Tianjin Taihong Real Estate Development Co., Ltd. acquired the Jinhe Mountain (Hanging) 2025-05 plot through a joint bidding process on February 26, 2025, with a transaction price of 296 million yuan. The plot is located in the Heping District, with a planned land use nature of Class II urban residential land, covering an area of 4,007.4 square meters, and a floor area ratio of 1.0 to 1.7. Taihong Company will jointly establish a holding project subsidiary with its partner Tianjin Jincheng Construction Development Co., Ltd. for development
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