Sun Company 20 billion shot Nanjing two blocks

China Metallurgical (601618) Bulletin, September 19, the company holding subsidiary of China Metallurgical Real Estate Holdings Limited shares 80% of the Nanjing Linjiang Old Town reconstruction and Construction Investment Co., Ltd. through auction, to obtain Nanjing Xiaguan District Binjiang River west of the 1th block and the land use of 3rd plots,　　The land transfer price is 12.141 billion yuan and 7.893 billion yuan respectively, total 20.034 billion yuan. Number 1th is NO.2010G32, in the east of the road, the west to the river, north to the planning road, south to Zhongshan North Road, the area is 353,664 3 square meters, 3rd plots numbered no.2010g33, east to the Long Bridge, west to the river, north to the Yangtze River bridges, south to the planning road,　　The selling area is 313,879.4 square meters. The plots are intended for use in the Nanjing Xiaguan District Old City renovation project, which initially planned a total land area of about 1.2555 million square meters with a total construction area of about 4.0913 million square metres and was scheduled to commence in the first half of 2011.