Group 1 - The core point of the news is the acquisition of a residential land parcel in Beijing's Dongcheng District by Beijing Urban Construction Investment Development Co., Ltd. for 2.028 billion yuan, with a floor price of 81,120 yuan per square meter and a premium rate [1] - The land parcel covers approximately 22,800 square meters with a planned construction area of about 25,000 square meters and a low plot ratio of 1.1, which is subject to strict historical and cultural preservation requirements [1] - The scarcity of residential land supply in the inner city of Beijing is highlighted, with zero residential land supply recorded from 2020 to 2023, making such low-density plots highly sought after [1] Group 2 - Financial performance of Beijing Urban Construction Development shows strong growth, with revenue of 19.311 billion yuan from January to September, a year-on-year increase of 64.20%, and a net profit attributable to shareholders of 765 million yuan, up 40.24% [2] - The company has demonstrated a solid strategy in financing, land acquisition, and development during the industry adjustment period, positioning itself well for high-quality development of scarce land parcels in core areas [2]
城建发展20.28亿元北京拿地二环内或迎来四合院新产品