Yuexiu Real Estate (00123) successfully won the land in Chaoyang District for 12.6 billion yuan through a consortium.

Wise Finance and Economics APP news, Yuexiu Real Estate (00123) announced that on April 28, 2025, through a consortium, it successfully won the bid for the Beijing Chaoyang District Pingfang Township Huangshan Wood Shop Pingfang District Urban Village Transformation Project 2107-01, 02, 03 plots and Sunhe Group Land Reserve Project 2902-73 plot with a total of RMB 1.26 billion through public listing.