---
title: "CHI MER LAND spent RMB 79.59 million to acquire property development business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278260930.md"
description: "CHI MER LAND announced the acquisition of 100% equity in Xi'an Zhao Xi Jin Yue Real Estate from Cmsk, which mainly engages in property development. The cash consideration is RMB 79.59 million and will be paid using internal resources"
datetime: "2026-03-08T10:38:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278260930.md)
  - [en](https://longbridge.com/en/news/278260930.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278260930.md)
---

# CHI MER LAND spent RMB 79.59 million to acquire property development business

CHI MER LAND (00978.HK) announced the acquisition of 100% equity in Xi'an Zhaoxi Jinyue Real Estate from Cmsk (001979.SZ), which is primarily engaged in property development. The cash consideration is RMB 79.59 million and will be paid using internal resources

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