China Merchants Shekou and Chongqing State-owned Assets Establish Real Estate Development Company

According to the Qi Cha Cha app, recently, Chongqing Zhaotian Jiaxu Real Estate Development Co., Ltd. was established, with Wang Zhuoran as the legal representative and a registered capital of 370 million yuan. Its business scope includes real estate development, construction engineering, construction engineering design, real estate brokerage, and housing rental. The equity penetration of Qi Cha Cha shows that the company is jointly held by China Merchants Shekou under China Merchants Group Real Estate Co., Ltd. and Chongqing Kangtian Property Co., Ltd.