Desun Real Estate Investment Services Group Co., Ltd. (HK:2270) has released an update.
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Desun Real Estate Investment Services Group Co., Ltd., through its subsidiary Chengdu Fengzhi, has partnered with Dehua Enterprise to bid as a consortium for a restructuring project. They have applied for the project and will jointly deposit RMB10 million, with Chengdu Fengzhi contributing half. The transaction is a connected one as Dehua Enterprise is linked to Desun’s controlling shareholder, Mr. Zou Kang, and adheres to the reporting and announcement stipulations of the Listing Rules.
For further insights into HK:2270 stock, check out TipRanks’ Stock Analysis page.

