China South City Holdings Announces Sale of 100% Stake in Project Company A to Harbin Guangmai Real Estate Brokerage
Reuters
Oct 03
China South City Holdings Announces Sale of 100% Stake in Project Company A to Harbin Guangmai Real Estate Brokerage
China South City Holdings Limited (In Liquidation) disclosed that its indirect wholly-owned subsidiary, Harbin China South City Co., Ltd., has entered into an agreement to sell 100% equity interest in Project Company A to Harbin Guangmai Real Estate Brokerage Co., Ltd. The transaction, agreed on August 11, 2025, involves a consideration of RMB72.0 million, payable within 45 days of the agreement date. Following completion, the purchaser will also inject RMB10.0 million as registered capital into Project Company A, which will hold Property A.
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