Shenzhen Ecobeauty's subsidiary has won the bid to jointly develop the urban renewal project in Junzi New Area, Guanlan Street, Longhua District, Shenzhen.

Shenzhen Ecobeauty (000010.SZ) announcement, the company's controlling subsidiary Fujian Shuojie Trading Co., Ltd. (referred to as "Shuojie Trading") has received the "Notice of Winning Bid". The winning bid project is the design, procurement, and construction general contracting project for the urban renewal project of the Junzi Bu Junxin Area in Guanlan Street, Longhua District, Shenzhen (EPC). The winning bidders are China Minmetals 23 Construction Group Co., Ltd., Fujian Shuojie Trading Co., Ltd., and Hong Kong HuaYi Design Consultant (Shenzhen) Co., Ltd., with a total winning bid amount of 2.375 billion yuan.