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RTNominal down8.510 -0.240 (-2.743%)

22/10/2021 15:14

Greentown Service (02869) to buy 20% of Hangzhou Jiancheng

[ET Net News Agency, 22 October 2021] Greentown Service Group Co. Ltd. (02869) said its
subsidiary Zhejiang Greentown Community Service Group Company Limited has agreed to 20% of
the equity interest in Hangzhou Jiancheng for a consideration of RMB22 million.
Hangzhou Jiancheng is principally engaged in assets management, investment management
and property leasing. It holds 45% equity interest in Zhejiang Kangyu, through which it
can develop and construct certain health care service facilities on a parcel of land in
Hangzhou, including comprehensive facilities for precaution, rehabilitation, academic and
scientific research purposes. (RC)

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