Core Viewpoint - The company, E-House Enterprise Holdings (02048), announced the acquisition of a majority stake in Leju Holdings Limited, which has been significantly impacted by the downturn in the Chinese real estate industry, leading to a substantial decline in its contribution to the group's business [1] Group 1: Company Actions - The company decided to terminate the contractual arrangement with Beijing Leju, as it no longer serves the best interests of the company and its shareholders due to the declining performance of Leju's online advertising and e-commerce business [1] - As of the announcement date, the contractual arrangement with Beijing Leju has been terminated, resulting in Beijing Leju and Leju Good House no longer being consolidated entities within the group's financial performance [1] Group 2: Business Impact - Leju has significantly halted its e-commerce business related to selling discount coupons to potential real estate buyers, and its online advertising revenue has also decreased substantially [1] - The financial performance of Beijing Leju and Leju Good House will no longer be included in the group's financial results, indicating a strategic shift in the company's operational focus [1]
易居企业控股(02048)：决定终止有关北京乐居的合约安排