[ET Net News Agency, 30 December 2019] Jingrui Holdings Limited (01862) said its
subsidiaries have agreed to sell the entire equity interest of Beijing Chengyuan
Properties Limited (the target) to a subsidiary of BBMG Corporation at a total
consideration of RMB262 million.
The target is primarily engaged in property development and property management in
Beijing, the PRC. It holds 221 apartment units in tower A of Cheng Yuan Building, which is
located at Haidian District, Beijing, the PRC. (RC)