RiseSun Development announces valuation boost plan

RiseSun Real Estate Development (SZSE:002146) has announced a valuation enhancement plan after its stock price remained below its net asset value per share for twelve consecutive months, triggering requirements under Chinese securities regulations. The plan, approved by the company's board on February 27, 2025, encompasses several strategies, including improving operational efficiency by expanding revenue streams outside of property development, actively pursuing mergers and acquisitions to optimize asset structure, and maintaining a consistent dividend payout to shareholders.