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Yuexiu Real Estate (00123) announced on May 19, 2025 that its non-wholly owned subsidiary, Wuhan Kangjing Industrial Investment Co., Ltd., plans to sell 65% of Beijing Haizhen Real Estate Co., Ltd. to Beijing Runzhi Commercial Operation and Management Co., Ltd. for approximately RMB 4.149 billion. As of the date of this announcement, the target company holds all of its equity, and the target company is the project company holding the Dongning Temple area land parcel. The company expects that the sale will allow the group to quickly recover its capital and improve capital turnover efficiency. At the same time, the sale will support the continuous development and expansion of new projects of the group, enhancing the group's financial flexibility and market competitiveness.