Guangnan (Group) (01203.HK), a subsidiary, has won the bid for 56.16 million investment in Foshan Industrial Land, increasing its layout of the entire meat industry chain.

The Zhitong Financial APP reported that Guangnan (Group) (01203.HK) announced that Yuehai Lishui Food (an indirectly-owned non-wholly-owned subsidiary) successfully obtained the land use rights of the plot located in Lishui Town, Foshan City, Guangdong Province, China. The transaction price was 56.16 million RMB. Therefore, on August 6, 2025, Foshan Public Resources Trading Center and Yuehai Lishui Food signed a transaction confirmation letter for the successful bid.