Casin Real Estate Development Group (000838.SZ) has issued an announcement, considering the requirements of accounting standards for consolidated financial statements and the company's situation with Chongqing Zhongliang Kunwei Real Estate Development Co., Ltd. (referred to as "Zhongliang Kunwei") having substantially lost control...
According to the announcement released by Casin Real Estate Development Group (000838.SZ), due to the requirements of accounting standards for consolidated financial statements and the company's situation with Chongqing Zhongliang Kunwei Real Estate Development Co., Ltd. (referred to as "Zhongliang Kunwei") having substantially lost control, the company has decided to no longer include Zhongliang Kunwei in the scope of the company's consolidated financial statements starting from September 2024.
Considering the requirements of accounting standards for consolidated financial statements and the company's situation with Chongqing Haofang Real Estate Development Co., Ltd. (referred to as "Chongqing Haofang") having substantially lost control, the company has decided to no longer include Chongqing Haofang in the scope of the company's consolidated financial statements starting from September 2024.