SCG(SH:600170) Ge Long Hui A P P·2025-09-30 08:16Core Viewpoint - Shanghai Construction Group (600170.SH) has successfully acquired the state-owned land use rights for a residential plot in Tianjin Binhai New Area, indicating strategic expansion in the real estate sector [1] Group 1: Acquisition Details - The acquired land plot, referred to as "this plot," is located in the Tianjin Binhai New Area, specifically south of Xinda Street and east of Dongting Road [1] - The total area of the land plot is 12,468.65 square meters, with a maximum building area of 19,949.84 square meters designated for residential use [1] - The total transaction price for the land use rights is RMB 189.70 million [1] Group 2: Investment Plan - This investment is included in the company's investment plan for the year 2025 [1]