Yuexiu Property Acquires Majority Stake in Hangzhou Residential Development Project

Reuters
02/13
<a href="https://laohu8.com/S/YUEXF">Yuexiu Property</a> Acquires Majority Stake in Hangzhou Residential Development Project

Yuexiu Property Co. Ltd. has announced a connected transaction involving the acquisition of equity interests in a newly established project company dedicated to developing a residential land parcel in the Xiaoshan District of Hangzhou, China. Hangzhou Yuejia, an indirect non-wholly owned subsidiary of Yuexiu Property, entered into an agreement to acquire interests in the project company, which holds a land parcel with a total site area of 28,869 square meters. Upon completion, Hangzhou Yuejia will hold 50.50% of the equity interests in the joint venture company, and the joint venture will own 70% of the project company. The project company will focus exclusively on developing the land parcel into residential properties for sale, and its financial results will be consolidated into Yuexiu Property’s accounts, contributing to the group’s overall operating scale and financial performance.

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. Yuexiu Property Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260213-12025074), on February 13, 2026, and is solely responsible for the information contained therein.

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