EVER REACH GP to Divest 70% Stake in Xuchang Yuanda Property for 3 Million Yuan

Stock News

May 29

EVER REACH GP announced that on May 29, 2026, its indirectly wholly-owned subsidiary, Changge Hengda Real Estate Co., Ltd., intends to sell a 70% equity interest in Xuchang Yuanda Property Co., Ltd. to Xuchang Fengzhida Real Estate Co., Ltd. for a consideration of 3 million yuan. The disposal is expected to result in an unaudited loss of approximately 8 million yuan for the company. The target company was established specifically for the development of the Changge Junyuefu project. After considering the target company's financial performance and reviewing its business and operational status, the board of directors believes it is appropriate for the group to proceed with the disposal. The transaction will strengthen the group's cash flow, enhance its liquidity position, and allow for the reallocation of resources to other existing opportunities.

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The transaction will strengthen the group's cash flow, enhance its liquidity position, and allow for the reallocation of resources to other existing opportunities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1240","symbol_name":"房地产开发","start_time":0,"source_url":"","article_id":"1108789302","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1108789302","pubTimestamp":1780065998,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"EVER REACH GP announced that on May 29, 2026, its indirectly wholly-owned subsidiary, Changge Hengda Real Estate Co., Ltd., intends to sell a 70% equity interest in Xuchang Yuanda Property Co., Ltd....","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1240":"房地产开发","03616":"恒达集团控股"},"translate_title":"EVER REACH GP以300万元剥离许昌远大物业70%股权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03616":1},"content_text":"EVER REACH GP announced that on May 29, 2026, its indirectly wholly-owned subsidiary, Changge Hengda Real Estate Co., Ltd., intends to sell a 70% equity interest in Xuchang Yuanda Property Co., Ltd. to Xuchang Fengzhida Real Estate Co., Ltd. for a consideration of 3 million yuan. 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