Sunac Services sells 80% equity of Zhangtai Property for approximately 830 million yuan.

Reporters learned that Rongyuan Investment, a wholly-owned subsidiary of Sunac Services, recently signed an agreement with Guangxi Laozhangjia Property Service Co., Ltd. Rongyuan Investment transferred 80% of its equity in Guangxi Zhangtai Sunac Intelligent Service Group to the latter for 827 million yuan. After this transaction is completed, Sunac Services will completely withdraw from Zhangtai Service Group, marking the official termination of their strategic cooperation since 2021.