SHENZHEN INT'L (00152): The second phase of the South China Transformation Project's reserved land (Phase One) has been approved by the Longhua District Government, and relevant land supply work will be carried out.
Shenzhen International (00152) announced that on December 26, 2025, the Shenzhen Longhua District Bureau of Planning and Natural Resources announced that the South China Transformation Project Phase II Land (Phase I) (i.e. Plot 02-20-02) has been approved by the Longhua District Government and will commence land supply related work. The announcement signifies that the Group has obtained the development rights for the plot and will proceed with follow-up development work after completing the relevant land transfer procedures. The plot is planned for residential use, with a land area of 25,008 square meters and a planned plot ratio of 5.8. The Group will make every effort to advance its development and construction work, focusing on creating high-quality demonstration residential projects to ensure timely sales receipts and cash flow.
Shenzhen International (00152) announced that on December 26, 2025, the Longhua Bureau of Urban Planning and Land Resources Administration announced that the second phase of the South China Transformation Project has obtained approval from the Longhua District government and will proceed with land supply related work. The announcement signifies that the group has acquired the development rights for the land parcel (02-20-02) and will commence with development work after completing the land transfer procedures. The land parcel is designated for residential use, with a land area of 25,008 square meters and a planned plot ratio of 5.8. The group will fully promote the development and construction work, focusing on creating a high-quality residential project to ensure timely sales proceeds and cash flow.
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