Group 1 - The South Tai Road land parcel in Haizhu District, Guangzhou, was successfully sold for 3.5 billion yuan, with a premium rate of approximately 27% and a floor price of about 24,389 yuan per square meter [2] - The land is classified as a second-class residential area compatible with commercial and educational uses, covering an area of approximately 64,800 square meters, with a transferable area of about 42,200 square meters and a maximum construction area of 143,507 square meters [2] - Two companies participated in the bidding, with Poly Developments winning after 76 rounds over three hours, while the starting price was set at 2.75 billion yuan [2] Group 2 - Poly Developments has outperformed Yuexiu Property in land acquisition amounts in Guangzhou since 2023, with a difference of 19.1 billion yuan expected to continue expanding into 2024 [3] - In 2024, Poly Developments is projected to surpass Yuexiu Property in sales in Guangzhou, becoming the leading company in the region, with the sales gap expected to widen further in 2025 [3] - As of December 5, 2025, the total area of residential land transactions in Haizhu District amounted to 231,200 square meters, with a total transaction value of 5.299 billion yuan [3]