
SHENYANG PUBLIC has completed the acquisition of a 51% stake in Guangzhou Zhudao Property Management

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SHENYANG PUBLIC has completed the acquisition of 51% equity in Guangzhou Zhudao Property Management, with the buyer being Shenzhen Wanzi Hotel Apartment Management Co., Ltd. and the seller being Beijing Jiuzhou Technology Co., Ltd. The transaction amount is RMB 550,000. All conditions precedent of the equity transfer agreement have been fulfilled, and the completion date is July 23, 2025. After the acquisition, the target company and its subsidiaries will become subsidiaries of the company, and their financial performance will be included in the group's consolidated financial statements
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