Shenzhen Zhenye Plans to Sell Property Assets for 170 Million Yuan

Stock News
09/23

Shenzhen Zhenye (Group) Co., Ltd. (000006.SZ) has announced a plan to further revitalize its existing assets. The company intends to transfer six of its self-owned properties in the Shenzhen area through a public listing process on the Shenzhen United Property and Equity Exchange.

The properties slated for transfer include the first and second floors of the Zhenye Meiyuan Complex Building, the second and third floors of the Baoli Building's podium, and the first and second floors of the commercial wet market at Xinghai Mingcheng Cluster One. The total area of these properties amounts to 8,410.10 square meters, with an initial combined listing price of 170 million yuan.

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