The Hong Yu Smart City Service (00265.HK) accepts the transfer of the property from Dongsheng Real Estate to the company or a designated entity as a way to offset some outstanding receivables.

Wisdom Financial News APP, Gangyu Smart City Services (00265.HK) announced that on April 30, 2025, the company entered into a set-off agreement with Dongsheng Real Estate. The company has conditionally agreed to offset part of the outstanding accounts receivable by accepting the transfer of the property from Dongsheng Real Estate to the company or designated entity on behalf of the company.