[urban Construction Development: 3.45 billion yuan bid for some plots in Chaoyang District, Beijing] Fanfei News Agency announced that Beijing Century Hongcheng, a wholly owned subsidiary of the company, bought property at a price of 3.45 billion yuan. It won the land use right of state-owned construction land for the reconstruction of shantytown in Cuigezhuang Township, Cuigezhuang Township, Chaoyang District, Beijing, the second class residential land of R2, the U22 sanitation facilities land of plot 29-317-1, and the comprehensive commercial and financial services land of plot B4 of plot 29-317-1. The project is located outside the North Fifth Ring Road, with a total land area of 71300 square meters and an aboveground building scale of 105000 square meters.