Core Viewpoint - Yuexiu Property announced the successful acquisition of a land parcel in Guangzhou for RMB 1.194 billion, intended for residential development and sale [1] Group 1 - The company acquired the land parcel located in the Panyu District of Guangzhou, specifically on the north side of the Nanda Guxian Road [1] - The acquisition was made through Guangzhou Xinyue Real Estate Development Co., a subsidiary in which the company holds a 95.475% stake [1] - The residential properties to be built on this land are planned for sale [1]