Zhitong Financial App News, Longhua International Group (08026) announced that all the prerequisites for the acquisition agreement and the sale agreement have been reached, and the acquisition and sale have been completed on October 5, 2023. Upon completion of the acquisition, Shenzhen Longhua property Services, the acquisition company, has become a wholly-owned subsidiary of the company, and its financial results, assets and liabilities will be consolidated in the company's financial statements. After the completion of the disposal, the Group still holds 47.17% of the shares of Zhilang Holdings, the disposal company, which ceases to be a subsidiary of the company and has become a financial asset of the company at fair value in profit or loss.