Jingtou Development (600683.SH) plans to acquire 41.69% of the equity of Erdos Company for 0 yuan.
Xinhua Finance and Economics APP News, Jingguan Development (600683.SH) announced that the company plans to acquire 41.69% equity of Erdos Jingguan Yintai Real Estate Development Co., Ltd. (referred to as "Erdos Company") held by Erdos Da Zhong Real Estate Development Co., Ltd. (referred to as "Da Zhong Company") for 0 RMB. After the completion of this transaction, the company will hold 90.69% equity of Erdos Company, making Erdos Company a wholly-owned subsidiary of the company and included in the company's consolidated financial statements.
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