Sunac Services (01516.HK) has completed the sale of an 80% equity stake in Guangxi Zhangtai Sunac Wisdom.

Wisdom Financial News APP: Sunac Services (01516.HK) announced that the group, in order to further optimize its strategic layout, will focus more resources and management energy on core cities of first and second tier. On April 29, 2025, the company's wholly-owned subsidiary Rongyuan Investment and Guangxi Lao Zhangjia signed a share trading agreement to fully divest the Zhangtai Service Group. Therefore, Rongyuan Investment will transfer 80% equity of Guangxi Zhangtai Rongchuang Intelligence, indirectly held by it, to Guangxi Lao Zhangjia at a price of 826.62 million yuan. After the completion of this transaction, the group will no longer hold any equity in Zhangtai Service Group.