---
title: "C&D INTL GROUP and C&D PROPERTY: Xiamen Yirui has signed a memorandum of understanding to acquire 100% equity of Lianfa Property and C&D City Service"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282320470.md"
description: "C&D INTL GROUP and C&D PROPERTY announced that Xiamen Yirui has signed a memorandum of understanding with the seller for the proposed acquisition of 100% equity in Lianfa Property and C&D City Service. This move aims to expand urban service operations, enhance property management scale and revenue, strengthen competitive advantages, and create sustainable value returns"
datetime: "2026-04-10T09:31:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282320470.md)
  - [en](https://longbridge.com/en/news/282320470.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282320470.md)
---

# C&D INTL GROUP and C&D PROPERTY: Xiamen Yirui has signed a memorandum of understanding to acquire 100% equity of Lianfa Property and C&D City Service

According to the Zhitong Finance APP, C&D International Group (01908) and C&D PROPERTY (02156) jointly announced that on April 10, 2026 (after trading hours), Xiamen Yirui (a subsidiary of C&D International and C&D PROPERTY) signed a memorandum of understanding with the sellers regarding a potential acquisition of 100% equity in the target companies (Lianfa Property and C&D City Service). The sellers are all related parties of C&D International and C&D PROPERTY.

C&D City Service mainly engages in urban public services and urban space operations, while Lianfa Property primarily conducts property management business in China, mainly providing residential and commercial property management services for properties developed by Xiamen Lianfa and its affiliates.

C&D International and C&D PROPERTY believe that by acquiring C&D City Service, C&D PROPERTY will expand its urban service business segment, achieving a transition from community services to urban services, diversifying its main business and enriching its revenue sources; by acquiring Lianfa Property, C&D PROPERTY will expand the managed area of its property management business, enhance the management concentration in core cities, and scale up its operations, which will help increase revenue and profit scale in the property management business; the aforementioned integration aims to further enhance C&D PROPERTY's competitive advantage and sustainable development capability, accelerate the construction of a comprehensive property service system, and create more robust and sustainable value returns for all shareholders.

C&D International and C&D PROPERTY believe that the terms of the memorandum of understanding are fair and reasonable, and the potential acquisition is in the overall interests of C&D International, C&D PROPERTY, and their respective shareholders

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