Summary by Moomoo AI
On June 27th, 2024, Shenzhen Int'l announced that its logistics development company had signed equity transfer agreements with Hangzhou SPV and Guizhou SPV, respectively, for a total price of approximately RMB 1.117 billion to sell all the equity of Hangzhou Project Company and Guizhou Project Company. This is part of Shenzhen Int'l's infrastructure REITs issuance plan to improve asset turnover efficiency and enhance investment capabilities. Huaxia Shenkong International REIT has already been sold as of June 21, 2024, and is planning to be listed on the Shenzhen Stock Exchange in the near future. Shenzhen Int'l will hold 30% of the total fund shares issued by Huaxia Shenkong International REIT, while Hangzhou Project Company and Guizhou Project Company will no longer be its...Show More