Core Insights - The company successfully acquired a prime land parcel in Taiyuan City, which has already commenced preliminary preparation work on the same day of acquisition [1] Group 1: Land Acquisition Details - The land parcel is located in the southern part of Longcheng South Street, covering a total area of approximately 30,680.33 square meters (about 46.02 acres) [2] - The planned use of the land is for residential with a commercial component (5% commercial), with residential area approximately 29,146.31 square meters and commercial area about 1,534.02 square meters [2] - The land has a low-density construction plan with a floor area ratio of only 2.5, aiming for nearly 100% usable area [2] Group 2: Strategic Location and Amenities - The land is strategically positioned in the core of Taiyuan's southern urban development, benefiting from significant transportation advantages, being close to major roads and accessible via Metro Line 1 [2] - Surrounding amenities include commercial support from Taiyuan Impression City and quality educational resources such as Taiyuan Affiliated Primary and Secondary Schools, along with healthcare facilities like Shanxi Bethune Hospital [2] Group 3: Development Philosophy and Execution - The company adheres to the "early construction, early development, early delivery" philosophy, having mobilized project teams to commence work immediately after land acquisition [5] - This approach is designed to effectively shorten the project development cycle and ensure a solid foundation for high-quality construction [5] Group 4: Policy and Industry Context - In February, the Shanxi Provincial Department of Housing and Urban-Rural Development issued a plan to promote the construction of "good houses," emphasizing human-centered design and various community needs [4] - The company aims to implement the design principles outlined in this plan, focusing on creating high-quality living spaces that meet diverse community requirements [4] - The "land acquisition and immediate construction" initiative, launched in 2021, streamlines project processes to enhance the business environment and reduce costs, which the company has successfully adopted in multiple projects [8]