Shanghai Construction Group(600170.SH): Acquired land use rights for Plot A05A-13 in Chuansha New Town, Pudong New Area, Shanghai

NightAirdropper · 2026-03-12T01:11:56+00:00

Shanghai Construction Group subsidiary signed a contract with the Planning Bureau of Pudong New Area to acquire state-owned land use rights for the A05A-13 plot in Chuansha New Town, covering an area of 8,905.05 square meters. The land is primarily designated for affordable rental housing. The transaction price was 120.71 million yuan and has been included in the 2026 investment plan.

NightAirdropper

2026-03-12 01:11:56

Abstract generation in progress

Gelonghui, March 10 — Shanghai Construction Group (600170.SH) announced that its subsidiary, Shanghai Jianchuan Sha Yun Development and Construction Co., Ltd., has signed a land transfer contract with the Planning and Natural Resources Bureau of Pudong New Area, Shanghai. The company has obtained the state-owned construction land use rights for the land parcel A05A-13 in Chuansha New Town, Pudong New Area, Shanghai (designated for affordable rental housing) (referred to as “this parcel”). Details are as follows:

This parcel is located in Chuansha New Town, Pudong New Area, Shanghai, with boundaries as follows: east to Miaojing Road and parcel A05A-06, south to Shuo Chuan Road, west to parcel A05A-04, and north to parcel A05A-12. The land area is 8,905.05 square meters, with a floor area of 22,262.63 square meters, and its purpose is for rental housing.

The total transaction price for the land use rights is 120.71 million RMB. This investment is included in the company’s 2026 investment plan quota.

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