越秀地产(00123)附属以11.94亿元成功竞得广州市番禺区大石街地块

Group 1 - Company successfully acquired a land parcel in Panyu District, Guangzhou for RMB 1.194 billion through its subsidiary, Guangzhou Xinyue Real Estate Development Co., Ltd. [1] - The land parcel covers an area of approximately 29,777 square meters with a total construction area of about 114,771 square meters, designated for residential use [1] - The development will include road and green space areas, which will be handed over to the local government upon completion [1] Group 2 - The acquisition is expected to enhance the company's premium land reserves and strengthen its strategic position in Guangzhou [2]