Shanghai Construction Group secures Dujiangyan land for residential development

On December 3, 2025, Shanghai Construction Group Co., Ltd., through its subsidiary Hujian (Dujiangyan) Real Estate Co., Ltd., successfully bid for the state-owned construction land use rights of the "DJY2025-12 (0701)" plot in Dujiangyan City. This land, located in the Lianmeng Community of Xingfu Street, Dujiangyan City, has a land area of 35,243.38 square meters, with a planned building area greater than 35,243.38 square meters but not exceeding 88,108.45 square meters. It is designated for residential use with a 70-year term.

The total transaction price for the land use rights is RMB 26,432.55 million, an investment integrated into the company's 2025 annual investment plan. This acquisition aligns with the company's business development strategy, is expected to strengthen its regional market expansion, and enhance its sustainable development capabilities.

The company acknowledges potential risks to investment returns from macroeconomic factors, industry policies, project planning changes, and operational management. To mitigate these, the company plans to strictly manage construction progress and implement proactive risk prevention and control measures throughout the project's development.