Citic Guoan's subsidiary Shijingcheng plans to list and transfer some assets located in Shanghai
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Citic Guoan's wholly-owned subsidiary, Shijingcheng Communication (Shanghai) Co., Ltd., plans to transfer 6 properties and underground parking spaces located in the Hua Xia Bank Building in Shanghai through a public listing, with a listing price of no less than 18.1698 million yuan, which may be adjusted downwards by no more than 10% based on market conditions. If the transaction is not completed, the relevant approval procedures will be re-initiated
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