GREENTOWN SER Group Limited announced that its subsidiary plans to acquire 25% of the shares and related shareholder loans of Hangzhou Jiancheng Asset Management Co., Ltd. for RMB 0.223 billion. After the acquisition is completed, GREENTOWN SER's shareholding ratio will increase from 20% to 45%. Hangzhou Jiancheng's main asset is a health and wellness service facility project located in Hangzhou, which has been completed and leased in its entirety to government Institutions for Hospital operations. GREENTOWN SER believes that this acquisition will bring stable and predictable investment returns to the company while also providing opportunities to offer related services such as property management for the project. Since the main shareholders of Hangzhou Jiancheng are related to GREENTOWN SER's controlling shareholder, this Trade constitutes a related transaction. After the completion of the Trade, Hangzhou Jiancheng will be accounted for as a joint venture of GREENTOWN SER. GREENTOWN SER stated that this move will help optimize the investment portfolio and bring opportunities for future expansions in similar businesses.

GREENTOWN SER Group Limited announced that its subsidiary plans to acquire 25% of the shares and related shareholder loans of Hangzhou Jiancheng Asset Management Co., Ltd. for RMB 0.223 billion. After the acquisition is completed, GREENTOWN SER's shareholding ratio will increase from 20% to 45%. Hangzhou Jiancheng's main asset is a health and wellness service facility project located in Hangzhou, which has been completed and leased in its entirety to government Institutions for Hospital operations. GREENTOWN SER believes that this acquisition will bring stable and predictable investment returns to the company while also providing opportunities to offer related services such as property management for the project. Since the main shareholders of Hangzhou Jiancheng are related to GREENTOWN SER's controlling shareholder, this Trade constitutes a related transaction. After the completion of the Trade, Hangzhou Jiancheng will be accounted for as a joint venture of GREENTOWN SER. GREENTOWN SER stated that this move will help optimize the investment portfolio and bring opportunities for future expansions in similar businesses.