Landsea Green Life Service Co. Ltd. Successfully Acquires Properties in Judicial Auction for RMB26.3 Million

Reuters
08/29
Landsea Green Life Service Co. Ltd. Successfully Acquires Properties in Judicial Auction for RMB26.3 Million

Landsea Green Life Service Co. Ltd., a company incorporated in the Cayman Islands, has successfully secured a major transaction through a judicial auction. The company, through its indirectly wholly-owned subsidiary Nanjing Wujie Technology Information Consulting Co., Ltd., won the bid for properties at a total price of RMB26,308,800. This acquisition, which involved properties owned by Landsea Group, was granted advance approval by independent shareholders during an Extraordinary General Meeting on May 30, 2025. The transaction is classified as both a major and connected transaction under the Hong Kong Listing Rules. Full payment is expected by September 29, 2025, with the completion of the acquisition anticipated by December 2025, following the issuance of necessary legal documents by the Jianye District People's Court.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Landsea Green Life Service Co. Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

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