SHLG(SH:600848) Feng Huang Wang·2025-12-30 00:59Core Viewpoint - Shanghai Lingang Holdings Co., Ltd. announced the acquisition of a residential land parcel in the Shanghai Lingang New Area by the Shanghai Land Reserve Center for a total price of 2.625 billion yuan [1][2] Group 1: Land Acquisition Details - The land parcel, located approximately 2 kilometers from Dishui Lake, covers an area of 78,658.60 square meters with a planned construction area of 188,780.64 square meters [1] - The acquisition price for the land is set at 2.625 billion yuan, and the land use is designated for residential purposes [1][2] Group 2: Strategic Implications - This acquisition marks the first publicly disclosed case of residential land storage in Shanghai, aimed at optimizing the company's land resource allocation and asset structure [2] - The company expects to recover approximately 2.625 billion yuan in funds from this acquisition, which will help alleviate market pressure and enhance profitability [2] - The company plans to avoid large capital immobilization and potential larger losses by not developing the land, which is projected to reduce the net profit attributable to shareholders by about 93 million yuan in 2025 [2]