[ET Net News Agency, 16 September 2019] Greenland Hong Kong Holdings Limited (00337)
said its subsidiary Wuxi Guosheng Property Development Company Limited has won the bid
submitted by it through an auction for the acquisition of a property from Bureau of
Natural Resources and Planning of Jiangyin City at a consideration of RMB1,192.34 million.
The property is the parcel of land in Jiangyin City, Jiangsu Province of the PRC. It has
a site area of approximately 76,356 sq.m., and a land use right of 70 years for
residential land use, 40 years for commercial land use, and 40 years for service facility
premises (commercial) land use. (RC)