Shunxin Agriculture (000860.SZ) issued an announcement, Beijing Shunxin Jiayu Real Estate Development Co., Ltd. (“Shunxin...
According to the Zhitong Finance App, Shunxin Agriculture (000860.SZ) announced that Beijing Shunxin Jiayu Real Estate Development Co., Ltd. (“Shunxin Jiayu” for short) is a wholly-owned subsidiary of the company, and its main business is real estate development. In order to focus on the development of the main business, the company plans to divest the real estate business. The 8th meeting of the 9th board of directors was held on June 26, 2023 to deliberate and pass the bill “On the Company's intention to publicly list and transfer 100% of Beijing Shunxin Jiayu Real Estate Development Co., Ltd.” and agreed to publicly transfer 100% of Shunxin Jiayu's shares through listing on the Beijing Property Exchange.
The company received the “Notice of Dynamic Quotation Results” issued by the Beijing Property Exchange on November 23, 2023. By the end of the dynamic quotation, Beijing Shunzheng Asset Management Co., Ltd. (“Shunzheng Asset”) had become the transferee of this project, with a transaction price of RMB 2.259 billion. On November 24, 2023, the company and Beijing Shunzheng Asset Management Co., Ltd. signed a “Property Rights Transaction Contract” for this transaction.