Poly Real Estate Group Co Ltd. (SHSE:600048) won a bid to acquire plot of lands in Hefei and Qingdao for approximately CNY 970 million on June 8, 2015. Poly Real Estate agreed to acquire 67,576 square meters of land in Hefei, for CNY 772.39 million and land measured 42,837 square meters in Qingdao, for CNY 200.19 million. Poly Real Estate Group Co Ltd. (SHSE:600048) cancelled the acquisition of plot of lands in Hefei and Qingdao on June 8, 2016.