Yushui Holdings Group: Intends to sell 50% equity of Luoyang ZhuoFa Enterprise Management Consulting Co., Ltd.

date
30/01/2026
On the morning of January 30, Sino-Ocean Group announced on the Hong Kong Stock Exchange that on January 29, 2026, the seller, buyer, and target company, Luoyang Zhuofa Enterprise Management Consulting Co., Ltd., signed a share transfer agreement. According to this agreement, the seller conditionally agreed to sell, and the buyer conditionally agreed to purchase 50% of the shares of the target company and the target company's shareholder loan owed to the seller, for a total price of 104,938,566.86 yuan. After the sale is completed, the Group will no longer hold any shares in the target company. The target company is mainly engaged in real estate development project investment, holding 50% of the shares of the project company Luoyang Jianzun Real Estate Co., Ltd., which holds and develops the Luoyang project.