ZTE Communications' Sanya plot is planned to be acquired by the government for storage.

date
15/08/2025
On August 8th, the Sanya Land Reserve and Consolidation Trading Center issued a public notice announcing the intention to use special debt funds to store a piece of land in Sanya Yajiaowan Science and Technology City. According to the notice, the land to be stored is the remaining undeveloped land of ZTE Corporation, with a total area of 41,896.8 square meters and a storage price of approximately 10.56 million yuan, equivalent to a unit price of 16.8 thousand yuan per mu. Currently, it is unclear what the exact reason is for the storage of this piece of land. In recent days, reporters have tried to contact the Sanya Land Reserve and Consolidation Trading Center, Sanya Yajiaowan Science and Technology City, and ZTE Corporation for interviews, but have not received a clear response from any party.