DEXIN SER GROUP (02215) successfully acquires 100% equity of Deresun Property in Moganshan, Deqing
DeXin Service Group (02215) announced that its indirect wholly-owned subsidiaries, Shengquan Property and Shanghai Xuquan, have acquired 95% and 5% equity interests in the target company, Deqing Moganshan Ruijing Real Estate Co., Ltd., under the 2025 equity transfer agreement. All conditions under the 2025 equity transfer agreement have been met, and the acquisition of equity was completed on March 18, 2026 in accordance with the terms and conditions of the agreement. Following the completion of the equity acquisition in 2025, the target company has become an indirect wholly-owned subsidiary of the company, and therefore, the financial performance of the target company will be consolidated into the company's comprehensive financial statements.
DEXIN SER GROUP (02215) announced that its subsidiary companies, Shengquan Property and Shanghai Xuquan, have acquired 95% and 5% equity interests in the target company, Deqing Moganshan Ruijing Property Co., Ltd., respectively. All conditions under the 2025 equity transfer agreement have been met, and the equity acquisition was completed on March 18, 2026 in accordance with the terms and conditions of the agreement. Following the completion of the equity acquisition in 2025, the target company has become an indirect wholly-owned subsidiary of the company. Therefore, the financial performance of the target company will be consolidated into the company's comprehensive financial statements.
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