Yuexiu Property (00123.HK) announced that its subsidiaries Jinwang and Huazhen Technology Services signed an equity transfer agreement with Guangzhou Renyao Economic Information Consultation Co., Ltd. to sell all the equity of Guangzhou Hongcheng Development Co., Ltd. at a price of 1.092 billion yuan. The sold Guangzhou Hongcheng Development Co., Ltd. holds properties including office space and parking lots in Guangzhou Tianhe District's Guangzhou Grandview Center.
越秀地产：10.92亿元出售广州宏城发展全部股权
Yuexiu Property: sold all the equity of Guangzhou Hongcheng Development for 1.092 billion yuan.
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