According to the Jinbin Development announcement, the company's subsidiary Tianjin Jinbin Times Real Estate Investment Co., Ltd. signed the Tianjin Municipal Bureau of Planning and Natural Resources with the Tianjin Municipal Bureau of Planning and Natural Resources on September 18, 2026, the “Tianjin State-owned Land Use Rights Concession Contract Supplementary Contract 2-13” for plot No. 2004-059. It was agreed to adjust the land boundaries of the H1 and P1 plots. After the P1 plot was adjusted, the concession area was 4,7549 square meters, and Party B relinquished 2,556 square meters of land, not involving the concession adjustment; the H1 plot's underground space value-added construction area was 44,375.61 square meters, and the land concession price needed to be paid within 60 days; the completion period for the H1 and P1 plots was extended by four years to exempt the corresponding breach of contract liability.

Zhitongcaijing · 2d ago
According to the Jinbin Development announcement, the company's subsidiary Tianjin Jinbin Times Real Estate Investment Co., Ltd. signed the Tianjin Municipal Bureau of Planning and Natural Resources with the Tianjin Municipal Bureau of Planning and Natural Resources on September 18, 2026, the “Tianjin State-owned Land Use Rights Concession Contract Supplementary Contract 2-13” for plot No. 2004-059. It was agreed to adjust the land boundaries of the H1 and P1 plots. After the P1 plot was adjusted, the concession area was 4,7549 square meters, and Party B relinquished 2,556 square meters of land, not involving the concession adjustment; the H1 plot's underground space value-added construction area was 44,375.61 square meters, and the land concession price needed to be paid within 60 days; the completion period for the H1 and P1 plots was extended by four years to exempt the corresponding breach of contract liability.