FilingReader Intelligence
Vantone Development plans acquisition despite mounting losses
August 19, 2025 at 05:18 PM UTC•By FilingReader AI
Beijing Vantone Real Estate experienced abnormal stock trading with a 20% cumulative deviation from August 15-19. The company plans to integrate Beijing Sudu Information Technology despite Sudu's current losses.
Vantone reported net losses of CNY 32.31 billion (2022), CNY 39.01 billion (2023), and CNY 45.70 billion (2024).
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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SSE:600246•Shanghai Stock Exchange
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