Hefei City Construction: A wholly-owned subsidiary bids for a plot of land in Hefei for 16.71 million yuan.
Hefei Urban Construction announced that the 31st meeting of the 8th Board of Directors of the company approved the proposal for its wholly-owned subsidiary to participate in the bidding for plot BH202601 in Baohe District, Hefei City on March 23, 2026. On March 27, the wholly-owned subsidiary Huihu Real Estate successfully acquired the plot with an area of 1.5916 acres through bidding. The land use right is granted until November 14, 2094, with a planned residential use. The total amount of land transfer fee is 16.7118 million yuan, to be self-financed by Huihu Real Estate.
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