China Merchants Shekou Industrial Zone Holdings: Subsidiary intends to acquire 100% equity of Xi'an China Merchants Huayuancheng Real Estate Co., Ltd.

date
24/07/2025
On the evening of July 23, China Merchants Shekou announced on the Hong Kong Stock Exchange that on July 23, 2025, Xi'an Mao'an and China Merchants Shekou entered into a share transfer agreement. According to this agreement, China Merchants Shekou agrees to sell, and Xi'an Mao'an agrees to acquire 100% of the equity of the target company Xi'an China Merchants Huayuan City Real Estate Co., Ltd. for a price of RMB 45,712,100. After the completion of the acquisition, the target company will become a wholly-owned subsidiary of the company indirectly. As of the date of this announcement, China Merchants Shekou is the controlling shareholder of the company, holding approximately 74.35% of the company's issued shares.