On January 26, China Merchants Property Operation & Service Co.Ltd(001914) announced that it planned to transfer 100% equity of the three subordinate enterprises directly and indirectly held to the controlling shareholder China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) , with a total price of 778 million yuan. Including Shenzhen AVIC City Investment Co., Ltd., which is 100% owned by the company, Kunshan AVIC Real Estate Co., Ltd., which directly and indirectly holds 100% equity, and Ganzhou AVIC Jiufang Commercial Co., Ltd., which holds 100% equity.
China Merchants Property Operation & Service Co.Ltd(001914) said that the company has made clear the “12347” development strategy, with the goal of building into a “leading property asset management operator in China”, focusing on the two core main businesses of property management and asset management, and creating an asset light operation platform.
