BLACK PEONY(SH:600510) Ge Long Hui·2026-01-09 09:48Group 1 - The company, Heimu Dan (600510.SH), announced that its wholly-owned subsidiary, Changzhou Heimu Dan Real Estate Co., Ltd., acquired approximately 56,400 square meters of state-owned construction land use rights as of December 2025 [1] - As of the end of Q4 2025, the company had 225,200 square meters of undeveloped land, with a maximum gross floor area of 500,600 square meters [1] - In Q4 2025, the company did not start any new projects and reported no new completed area [1] Group 2 - In Q4 2025, the company achieved a signed area of 32,400 square meters, a year-on-year decrease of 82.17%, with an equity signed area of 25,000 square meters, down 77.11% [1] - The total signed amount for Q4 2025 was RMB 417.74 million, a year-on-year decrease of 71.05%, with an equity signed amount of RMB 327.36 million, down 61.13% [1] - As of December 31, 2025, the company's rental area was 246,500 square meters, with a rental income of RMB 14.26 million in Q4 2025, and an equity rental income of RMB 13.89 million [2]