Shanghai Construction Group: Subsidiary acquires 1.21 billion yuan of land use rights for state-owned construction land in Pudong New Area.

Shanghai Construction Group announced that on March 10, 2026, its subsidiary, Shanghai Jianchuan Shayun Development and Construction Co., Ltd., signed a land transfer contract with the Shanghai Pudong New Area Planning and Natural Resources Bureau, obtaining the right to use state-owned construction land for the A05A-13 plot in Chuansha New Town, Pudong New Area, Shanghai. The land area is 8905.05 square meters, with a total construction area of 22262.63 square meters, and a total transaction price of 121 million yuan. The investment is included in the investment plan for the year 2026. Acquiring this plot aligns with the company's development strategy and helps diversify its business, but the investment may be affected by various factors, so the company will take measures to control and prevent risks.