Core Viewpoint - COFCO Joy City successfully acquired a land parcel in Chengdu's Qingyang District for a base price of 2.65 billion yuan, indicating a strategic investment in the region's real estate market [1] Group 1: Acquisition Details - The acquired land consists of a combination of four sub-parcels with a total construction area of 305,200 square meters [1] - The total land area for development is 134,500 square meters, which includes residential and commercial service land [1] Group 2: Land Use Breakdown - Two of the sub-parcels are designated for residential use, located south and west of Shude Experimental School Hongyi Branch, covering approximately 42 acres and 56 acres respectively [1] - The other two sub-parcels are allocated for commercial service use, situated at the entrance of Caijiao Metro Station [1]

Core Viewpoint - COFCO Joy City (000031) successfully acquired a land parcel in Chengdu's Qingyang District for a base price of 2.65 billion yuan, translating to a floor price of 17,000 yuan per square meter [1] Group 1: Land Acquisition Details - The acquired land consists of a combination of four sub-parcels with a total construction area of 305,200 square meters [1] - The total land area for development is 134,500 square meters [1] - Among the four sub-parcels, two are designated for residential use, located to the south and west of Shude Experimental School Hongyi Branch, covering approximately 42 acres and 56 acres respectively [1] - The other two sub-parcels are allocated for commercial service use, situated at the entrance of Caijiao Metro Station [1]