China Jinmao (00817.HK) subsidiary exercises its right of first refusal.

Zhito Financial APP News, China Jinmao (00817.HK) announced that on January 22, 2025, its indirect wholly-owned subsidiary Beijing Yicheng was designated by Jiaxing Investment as the successor designated purchaser. Beijing Yicheng issued a notice to Huafu Securities on the same day in accordance with the terms of the preferential rights agreement, informing them of its decision to exercise the preferential purchase rights for the target assets, at a price not exceeding RMB 1.323 billion, and not to exceed the final state-owned asset evaluation filing results.