Yuexiu Property announced the public listing for sale of all shares of its indirect wholly-owned subsidiary Guangzhou Hongcheng Development Co., Ltd. through the Guangdong United Property Rights Exchange Center, with a transaction amount of approximately 1.092 billion yuan. This sale will accelerate the turnover of commercial properties, optimize cash / money market management, and improve the efficiency of fund utilization, in line with the company's long-term global strategy.
越秀地产出售广州宏城发展全部股权 交易额超10亿
Yuexiu Property sells all shares of Guangzhou Hongcheng Development with a transaction amount exceeding 1 billion.
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