Jun 08, 2022 04:19 PM (GMT+8) · EqualOcean
Daming city announced that the wholly-owned subsidiary obtained a plot of land in Qingpu District, Shanghai, which was publicly listed and transferred by Shanghai Qingpu District Planning and natural resources bureau through public bidding. Transfer area: 27758.7 square meters; Plot ratio: 2.0; Transfer period: 70 years for ordinary commercial housing; Final bid price: RMB 888.28 million. The construction area of indemnificatory housing constructed by the transferee as required accounts for 5% of the total planned residential construction area of the plot.

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