KERRY PPT plans to sell a unit of Jinling Huating for 117 million yuan
KERRY PPT announced plans to sell a four-bedroom unit located in Jinling Huating for RMB 117 million on October 31, 2025. The unit has a construction area of approximately 449 square meters. The seller is its wholly-owned subsidiary Shanghai Zhuomiao Real Estate Co., Ltd., and the buyer is the company's chairman Guo Konghua. The property is located at No. 99 Ninghai East Road, Huangpu District, Shanghai
According to the Zhitong Finance APP, Kerry Properties (00683) announced that on October 31, 2025, the seller (Shanghai Zhuomiao Real Estate Co., Ltd., a wholly-owned subsidiary of the company) intends to sell the property to the buyer (Mr. Guo Konghua, the company's chairman, CEO, and executive director) for a price of RMB 117 million. The property refers to a four-bedroom unit located in the second building of the project, with a construction area of approximately 449 square meters. The project refers to Jinling Huating (Pre-sale Permit No.: Huangpu Housing Management (2025) Pre-Word 0000267), which is a residential project currently being developed by the seller, located at No. 99 Ninghai East Road, Huangpu District, Shanghai, China
