A subsidiary of Nimble Holdings (00186) has successfully secured a land parcel in Suixi County, Zhanjiang City, Guangdong Province, through a listing auction held by the local land resources bureau on July 20, 2026. The acquisition price is around RMB 94.683 million, which will be funded from the group's internal resources.
The land is situated on the south side of Xuezeng Road and the east side of Yingbin Road in the Binhe New District of Suixi County, covering an area of approximately 63,688 square meters. The company estimates that the total gross floor area could reach about 227,000 square meters, including approximately 178,000 square meters of saleable area. This site is planned for development into a residential project.
Zhanjiang City serves as a key gateway for the Guangdong-Hong Kong-Macao Greater Bay Area to radiate into southwestern China. The land is located along a major urban road, with surrounding planning and supporting facilities gradually being implemented. The area's living service functions are expected to improve, and the region's comprehensive carrying capacity and livability value are likely to rise steadily. The development potential of this land parcel is significant.
This land acquisition not only reflects the company's determination and confidence in deepening its presence in the Greater Bay Area but also highlights its comprehensive strength for steady and sustainable growth. The company views this acquisition as a strategic move to increase its land reserves in high-potential areas of Guangdong Province, thereby aligning with the overall best interests of the company and its shareholders.