Xinming China Holdings Ltd. Advances Construction on Shandong Project, Targets September 2025 Completion

Reuters

2025/07/01

Xinming China Holdings Ltd. Advances Construction on Shandong Project, Targets September 2025 Completion

Xinming China Holdings Ltd., listed under stock code 2699, is actively progressing with its real estate ventures, particularly focusing on the Shandong Project. The company has announced that the construction of Block 9 and 16 of phase 4 is proceeding as planned, with an expected delivery date set for September 2025. In a strategic move to enhance value and accelerate sales, Xinming is in the process of identifying and negotiating with new investors for renovation works in Shanghai and Taizhou. Additionally, the company is formulating preliminary terms with large property developers to sell individual property development projects or entire commercial properties at favorable prices. These efforts aim to boost cash inflows and optimize the company's real estate portfolio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xinming China Holdings Ltd. published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

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Advances Construction on Shandong Project, Targets September 2025 Completion","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Xinming China Holdings Ltd. Advances Construction on Shandong Project, Targets September 2025 Completion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Xinming China Holdings Ltd., listed under stock code 2699, is actively progressing with its real estate ventures, particularly focusing on the Shandong Project. The company has announced that the construction of Block 9 and 16 of phase 4 is proceeding as planned, with an expected delivery date set for September 2025. 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Advances Construction on Shandong Project, Targets September 2025 Completion\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-07-01 00:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Xinming China Holdings Ltd. Advances Construction on Shandong Project, Targets September 2025 Completion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Xinming China Holdings Ltd., listed under stock code 2699, is actively progressing with its real estate ventures, particularly focusing on the Shandong Project. The company has announced that the construction of Block 9 and 16 of phase 4 is proceeding as planned, with an expected delivery date set for September 2025. In a strategic move to enhance value and accelerate sales, Xinming is in the process of identifying and negotiating with new investors for renovation works in Shanghai and Taizhou. Additionally, the company is formulating preliminary terms with large property developers to sell individual property development projects or entire commercial properties at favorable prices. 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