Cinda Real Estate Co., Ltd. (SHSE:600657) won an auction to acquire a plot of land measured 33,008 square meters in Shangcheng District, Hangzhou City for CNY 3.4 billion on January 8, 2016. Cinda Real Estate Co., Ltd. (SHSE:600657) cancelled the acquisition of a plot of land measured 33,008 square meters in Shangcheng District, Hangzhou City on January 8, 2017.