The Guangzhou GDH Future City Project

The Guangzhou GDH Future City Project is located in the core area of Baiyun New Town, Baiyun District, Guangzhou City, Guangdong Province, the PRC, which is positioned to be the hub for headquarters, and is planned as a cluster of corporate headquarters, aviation industry and commercial hotel service functions, focusing on the development of headquarters economy and attracting the headquarters of large corporations and small and medium-sized enterprises. Such project is located to the north of Yuncheng South Fourth Road and south of Qixin Road, on the two sides of Yuncheng West Road, and is connected to major transport networks. It is adjacent to Baiyun Park Station of Guangzhou Metro Line 2 and trunk roads such as the Airport Expressway and the Baiyun Avenue, and it is only about 30 kilometres away from the Guangzhou Baiyun International Airport. In addition, it is expected that once the third phase of the Airport Avenue and Guangzhou Metro Line 12 commence operations, the transportation connecting the project to surrounding areas will become more convenient. The project is situated in a well-developed neighborhood where commercial shopping centres, schools, hospitals, parks and the Guangzhou Gymnasium are within a three-kilometre radius, and is close to the scenic area of Baiyun Mountain. With excellent conditions and significant industry resources, the project has promising market prospects.
 
The project has adopted a model of development by phases. The filing for completion of construction of all properties on Land No. 11 was made in November 2024, and the filing for completion of construction of all properties on Land No. 9 was made in February 2025. As at 30 June 2026, the construction works of superstructure of the properties on Land No. 4 were underway. The filing for completion of construction of the whole project is expected to be made in 2028. The pre-sale of the project commenced in June 2022 and the transaction volume has remained at a satisfactory level since then. In the first half of 2026, the transaction amount of apartments of the project ranked first in Baiyun District. The project entered the delivery stage in November 2024.

Properties Held for Sale under Development


Name of the

property

project

StatusUse

Interest

held by

the Group

Approxi-

mate GFA

available for sale

(sq. m.)

Approximate GFA contracted

The proportion of accumulated GFA contracted to GFA available for sale

Approximate GFA delivered

The proportion of accumulated GFA delivered to GFA

available for sale

First half

of 2026

(sq. m.)

Accumulated

(sq. m.)

First half

of 2026

(sq. m.)

Accumulated

(sq. m.)

Guangzhou GDH Future City

Sale in

progress

Residential/

Business apartment/

Commercial/

Offices


100%491,19713,592179,53936.6%25,700104,22921.2%

Guangzhou GDH Future City

(Car-parking spaces)

Sale in

progress

Car-parking spaces

100%64,7343,3778,80013.6%3053050.5%