On September 21, SEPCO1, together with Powerchina Real Estate, succeeded in winning the land of Jinan Xindian Base, marking a historic step for the company in promoting the development of real estate, achieving zero breakthroughs in the development of real estate in the main urban area of Jinan, leading an important step for the deep cultivation of Jinan real estate. It is understood that the site of Jinan Xindian Base is located at no. 18, Zhushun road, Licheng district, Jinan city. The project runs to the central government granary in the east, to Jinan Luyuan Power Equipment Company in the west, to Zhushun Road in the south, and to the north of the Jiaoji Railway. The land area of the project plot is 41361.9 square meters, and the land use is of Type II residential land (R2), with the aboveground plot ratio from 2.2 to 2.6, the underground plot ratio is less than or equal to 1.2, the building density is less than or equal to 18%, and the plot area of a kindergarten with six classes is 4217.99 square meters.
The successful bidding for the site of Jinan Xindian Base adds new impetus to the development and expansion of the company's real estate business sector, which is of great strategic significance for the promotion and transformation of the company's real estate brand image. In the next step, the company will focus on the site of Xindian site planning and operation, so as to add a new benchmark for the conversion of new and old kinetic energy in the spring city of Jinan.
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