Core Viewpoint - Greentown China (03900.HK) announced a project management service agreement with Hangzhou Zhongyi Jiangchen Real Estate, which is expected to enhance project quality without significant capital investment [1] Group 1: Agreement Details - The agreement involves Greentown Real Estate Construction Management, a non-wholly owned subsidiary of Greentown China, providing project management services for a specific project [1] - The selection of Greentown Real Estate Construction Management as the service provider was conducted through a competitive bidding process, ensuring compliance with market practices and the company's commercial interests [1] Group 2: Strategic Implications - The board believes that this agreement will leverage the company's expertise in property development and project management in China, thereby driving project construction and improving quality [1] - The terms and costs of the agreement were determined based on the bidding documents and are aligned with market norms [1]
绿城中国(03900.HK)附属绿城房地产建设管理拟向杭州中宜江晨置业提供项目管理服务