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The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate and complete, without false records, misleading statements or major omissions.
Guangsha (Nanjing) Real Estate Development Co., Ltd. (hereinafter referred to as "Nanjing Real Estate") is the holding subsidiary of the Company, and the Company holds 90% of the shares of Nanjing Real Estate. The Company and Nanjing Real Estate respectively hold 8.33% and 45.83% shares of Guangsha (Nanjing) Real Estate Investment Industrial Co., Ltd. (hereinafter referred to as "Nanjing Real Estate"). Recently, Nanjing Real Estate transferred 45.83%
The shares were transferred to the Company at a price of 50 million yuan. After the equity transfer, Nanjing Real Estate no longer holds the shares of Nanjing Real Estate, and the company holds 54.16% of the shares of Nanjing Real Estate.
It is hereby announced that
Zhejiang Guangsha Co., Ltd
October 11, 2005 (source: Shanghai negotiable securities Newspaper)
Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.
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