Nimble Holdings announced that on 20 July 2026 its indirect wholly owned subsidiary, Zhanjiang Ruichen Real Estate Development Company Limited, secured the land-use rights to a 63,688-square-metre site in Binhe New District, Suixi County, Zhanjiang City, Guangdong Province. The purchase price of RMB 94.68 million will be settled entirely with the Group’s internal resources.
The company plans to develop a residential project on the parcel, targeting a total gross floor area of about 227,000 square metres, including 178,000 square metres of saleable space.
Situated along a major urban arterial road and supported by ongoing infrastructure and amenity upgrades, the location serves as a gateway to the south-west section of the Guangdong-Hong Kong-Macao Greater Bay Area. Management views the acquisition as a strategic enhancement of the Group’s land bank in Guangdong Province, reinforcing its commitment to stable and sustainable growth in the region.
The transaction is revenue in nature, falls within the ordinary course of business, and does not trigger disclosure requirements under Chapters 14 or 14A of the Hong Kong Listing Rules. Shareholders and investors are advised to exercise caution when dealing in the company’s shares.