CECL(SH:600675) Zhi Tong Cai Jing·2025-09-25 11:37Core Viewpoint - The company successfully acquired 100% equity of Shanghai Xin Feng An Enterprise Development Co., Ltd. through its wholly-owned subsidiary, Shanghai Lan Zuan Real Estate Co., Ltd., in partnership with Cheng Jia Development Group Co., Ltd. [1] Group 1: Acquisition Details - The total transaction price for the acquisition was RMB 2.987 billion [1] - Shanghai Lan Zuan Real Estate Co., Ltd. acquired 70% equity and corresponding debts for RMB 2.091 billion, while Shanghai Xin Qi Hong Chuang Real Estate Co., Ltd. acquired 30% equity and corresponding debts for RMB 896 million [1] Group 2: Strategic Implications - This successful bidding aligns with the company's strategic development layout and overall operational needs [1] - The acquisition is expected to enhance the company's project reserves [1]