[ET Net News Agency, 31 December 2019] Fullsun International Holdings Group Co.,
Limited (00627) said its subsidiary Guangzhou Pinli Trading Co., Ltd. has agreed to
acquire 30% equity interest in Hunan Heda Investment Group Co., Ltd. (the target company)
and the shareholder's loan at the aggregate consideration of RMB270 million.
The target company is principally engaged in property development in Hunan Province, the
PRC. Its major project is four state-owned construction sites located in Hunan Province,
the PRC. (RC)