Group 1: Real Estate Transactions - Maoyuan Real Estate acquired the Shunyi Xue Daren Village land parcel for a base price of 1.03 billion yuan, with a floor price of approximately 28,000 yuan/m² [1] - The land area is 23,000.1 m², with a construction control scale of less than 36,800.16 m² and a plot ratio of 1.6 [1] - The project is located between the Fifth and Sixth Ring Roads, near Metro Line 15 [1] Group 2: Sales Performance - Zhonghai Wanjijiuxu in Chaoyang District achieved a weekly sales amount of 213 million yuan, becoming the top seller in Beijing's new housing market for the week of August 18-24 [2] - The project has sold 183 out of 370 units, with an average price of 115,000 yuan/m² [2] - The project includes 9 buildings with heights ranging from 10 to 23 floors, with the smallest unit size being 168 m² [2] Group 3: Financial Results - China State Construction reported a net profit of 30.4 billion yuan for the first half of 2025, a year-on-year increase of 3.2% [3] - The company signed new contracts worth 2.5 trillion yuan, a 0.9% increase year-on-year, while total revenue decreased by 3.2% to 1.1 trillion yuan [3] - The real estate segment saw a contract sales amount of 174.5 billion yuan, down 8.9% year-on-year [3] Group 4: Policy Developments - The Central Committee of the Communist Party and the State Council emphasized the need to accelerate the construction of a new model for real estate development, focusing on meeting diverse housing needs [5] - The policy aims to enhance housing design, construction, maintenance, and service levels, promoting the development of safe, comfortable, green, and smart housing [5] - Shanghai's housing purchase restrictions have been adjusted, allowing eligible families to buy unlimited properties outside the outer ring road [6]