FilingReader Intelligence

China Resources Land acquires Shanghai property interests for RMB24.5bn

August 1, 2025 at 05:01 PM UTCBy FilingReader AI

China Resources Land subsidiary Shanghai Hongzhe will acquire 90% of equity and debt interests in four Shanghai target companies for approximately RMB24.47 billion, with Shanghai Nanfang taking the remaining 10%.

The target companies are engaged in property development and investment, each with registered capital of RMB10 million.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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