STEC and others establish a new investment company in Guangzhou
According to the Qichacha APP, recently, Guangzhou Kaicheng Shenpu Investment Co., Ltd. was established, with Dong Yu as the legal representative and a registered capital of 900 million yuan. The business scope includes: non-residential real estate leasing; housing leasing; property management; consulting and planning services; engaging in investment activities with self-owned funds, etc. Qichacha's equity penetration shows that the company is jointly held by Guangzhou Development Zone Urban Development Group Co., Ltd., the wholly-owned subsidiary of STEC, Shanghai Urban Construction Municipal Engineering Co., Ltd., and Shanghai Highway and Bridge Co., Ltd
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