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

Deep News

Jun 01

EVER REACH GP (03616) 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. Considering the financial performance of the target company and after 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, improve 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, improve 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":"03616","symbol_name":"恒达集团控股","start_time":0,"source_url":"","article_id":"1185956760","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1185956760","pubTimestamp":1780276234,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"EVER REACH GP (03616) 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...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03616":"恒达集团控股","BK1240":"房地产开发"},"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 (03616) 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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