[ET Net News Agency, 23 September 2019] China Merchants Land Limited (00978) said its
subsidiary Nanjing Zhaoping Lisheng has successfully won a bidding in respect of the land
use right of the land situated at Xi'an City of the PRC at the price of RMB141.6 million.
The land has a total site area of 20,288 sq.m. and the total capacity of building area
is less than or equal to 111,579 sq.m. The land is designated for commercial usage with a
term of 40 years. (RC)