Sunac Services: sold 80% equity of Zhangtai Sunac Intelligence for 826 million.

date
30/04/2025
Sunac Services Announcement: In order to further optimize strategic layout, more resources and management focus will be invested in core cities of first and second tier. On April 29, 2025, Sunac's wholly-owned subsidiary, Rongyuan Investment, entered into a share transfer agreement with Guangxi Lao Zhangjia and others, to completely exit Zhangtai Services Group. Rongyuan Investment will transfer 80% equity of Guangxi Zhangtai Rongchuang Intelligence, indirectly held by it, to Guangxi Lao Zhangjia for RMB 826.62 million. After this transaction, Sunac will no longer hold any rights in Zhangtai Services Group.