智通财经网·2025-09-26 14:19Core Viewpoint - The company has entered into a cooperation agreement to acquire a 50.5% stake in a project company focused on real estate development in Hangzhou, China, which is expected to enhance development efficiency and resource allocation [1][2] Group 1: Transaction Details - The buyer, an indirect non-wholly owned subsidiary of the company, will pay a total consideration of approximately RMB 404 million for the equity transfer [1] - The total consideration includes an estimated interest of about RMB 1.6992 million and expected shareholder loans of RMB 394 million [1] - After the completion of the transaction, the buyer and seller will hold 50.5% and 49.5% stakes in the project company, respectively [1] Group 2: Project Company Overview - The project company is specifically established by the seller for the development of a targeted land parcel located in Yuhang District, Hangzhou [1] - The total land area for the targeted parcel is 36,496 square meters, intended for residential development [1] - The project company is expected to focus solely on the residential development of the targeted land and will not engage in any other business activities [1]