UNIVERSAL TECH plans to acquire commercial properties in Yuexiu District, Guangzhou for no more than 260 million yuan

Zhitong
2025.08.01 15:11
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UNIVERSAL TECH plans to acquire commercial properties located in the Yuexiu District of Guangzhou for no more than 260 million yuan. The transaction is signed by its wholly-owned subsidiary, Shenzhen Huanye Universal Technology Co., Ltd., and Guangzhou Jincheng Real Estate Development Co., Ltd. The target properties include multiple floors of the Dongshan Jinxuan Modern City commercial complex, with a total area of approximately 8,900 square meters. The company believes this acquisition will enhance its revenue sources and real estate portfolio