Grand Park City locates at the Xintang interchange on both sides of the GS Superhighway and is adjacent to Guangshen Avenue, Guangyuan Expressway and Shacun Station of the Line 13 of the Guangzhou Metro, which enjoys convenient transportation and is well-equipped with a comprehensive range of community facilities. Guangzhou Xintang Residential Project is a demonstration pilot project for traffic transformation and land space composite utilisation of expressways in Guangdong Province. It is a template for the transformation of other interchanges along the GS Superhighway and is of positive significance to the Company in promoting projects in other areas along the route. The construction will be carried out in three phases and the pre-sale of a portion of the residential units in the first phase has commenced in May 2021.