HIG: Temporarily suspend investment in the Guanglu and Fufu real estate project

HIG announced that at the second board meeting of 2025 held on April 1, 2025, it reviewed and approved the "Proposal on Temporarily Suspending Investment and Development of the Guanglu Hefu Real Estate Project," agreeing to temporarily suspend the investment and development of the "Guanglu Hefu" real estate project. The total estimated investment for the project is 396 million yuan. As of now, the project is in the preliminary development stage, with the completion of property rights certificates and construction land planning permits, and the preliminary design of the project plan has been completed, with a total investment of 67.5783 million yuan