[ET Net News Agency, 13 April 2021] Y. T. Realty Group Limited (00075) said Dazhou
Runyu Real Estate Co., Ltd. (the bidder), an indirect wholly-owned subsidiary of the
company, has successfully bid the land use rights of (i) the Phase 1 Land Parcels at a
consideration of RMB423.95 million and (ii) the Phase 2 Land Parcels at a consideration of
RMB478.66 million through the auction.
Phase 1 Land Parcels comprise two parcels of land numbered 08-02b and 08-04a for
residential and commercial uses and one parcel of land numbered 13-01b for commercial use
located at the Central Service District of Matadong District, Dazhou Municipality, Sichuan
Province, the PRC.
Phase 2 Land Parcels comprise two parcels of land numbered 08-01b and 08-03b for
residential and commercial uses and two parcels of land numbered 11-03b and 12-04a for
commercial use located at the Central Service District of Matadong District, Dazhou
Municipality, Sichuan Province, the PRC. (RC)