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Tande Co., Ltd. (600665.SH): Plans to transfer ownership of three property companies.
On July 19th, Gelunhui reported that Tande Co., Ltd. (stock code: 600665.SH) plans to transfer 100% of the equity of Shaanxi Tande, Shenzhen Tande, and Shaanxi Tiantou held by its wholly-owned subsidiaries Xi'an Tande, Shenzhen Tande, and Shaanxi Tiantou to Gaoke Property in order to focus on its core business of real estate development, optimize its industrial structure, and continuously improve its quality for business development. Since Gaoke Property is a wholly-owned subsidiary of the actual controller of the company, Gaoke Group, this transaction constitutes a related party transaction. According to the assessment of Zhonglian Asset Evaluation Group (Shaanxi) Co., Ltd. as of March 31, 2024.
Shareholder tande co.,ltd. (600665.SH) released the pledged shares of 53 million.
China Tande Co., Ltd. (600665.SH) has announced that on October 13, 2023, its controlling shareholder, Xi'an High-tech Industrial Development Zone Real Estate Development Co., Ltd. (hereinafter referred to as High-tech Real Estate), completed the registration of share pledge with China Securities Depository and Clearing Co., Ltd. for its 53 million unrestricted circulating shares held in the company, and pledged them to the Xi'an High-tech Development Zone Branch of Industrial and Commercial Bank of China. On July 16, 2024, the company was notified by High-tech Real Estate that the above-mentioned shares were registered with China Securities Depository and Clearing Co., Ltd. on July 15, 2024.
Tande Co., Ltd. (600665.SH): Gaoke Group plans to transfer 100% equity of Gaoke Real Estate to Gaoke Real Estate without compensation.
On July 10, Geely announced that according to the notice of equity transfer matters by Gaoxin Real Estate, actual controlling shareholder Xi'an Gaoke Group and Xi'an Gaoke Real Estate as well as Gaoxin Real Estate signed an agreement on the transfer of equity for free. Gaoke Group transferred 100% equity of Gaoxin Real Estate to Gaoke Real Estate. As of this announcement, Gaoxin Real Estate holds 497,000,938 shares of the company, accounting for 57.52% of the total shares. Gaoke Group transferred its holdings of Gaoxin Real Estate.
Tande Co., Ltd.'s performance forecast for the first half of 2024.
Tande Co., Ltd.'s real estate project operation report for the second quarter of 2024.
According to Zhongzhi Research Institute, the total sales amount of the top 100 real estate developers in the first half of the year was RMB 2083.47 billion, a year-on-year decrease of 41.6%.
China Real Estate Research Institute released the sales performance ranking of Chinese real estate companies in the first half of 2024.
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