Yanlord Land buys remaining 16% of Shenzhen Shengzhong for RMB9.4 million

Reuters
02/26
<a href="https://laohu8.com/S/YLDGF">Yanlord Land</a> buys remaining 16% of Shenzhen Shengzhong for RMB9.4 million

Yanlord Land Group Limited raised its stake in Shenzhen Shengzhong Real Estate Co., Ltd. by 16% to 100% for RMB9.42 million, with the amount settled by offsetting a receivable due from the seller. The group also exited several investments, selling its 51% interest in Hainan Renmei Property Service for RMB1.0 million, its 94.9% interest in Shenzhen Long Wei Xin Investment for RMB427.5 million, and about 83.11% of Suzhou Future Agriworld for RMB37.03 million, and disposed of its 26% stake in associated company Suzhou Xingaolerong Hotel Management for RMB991,300.

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. Yanlord Land Group Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: H3M2ZI7EKB0YA2ED) on February 26, 2026, and is solely responsible for the information contained therein.

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