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Runhua Living Service buys Jinan commercial office unit for RMB 40 million

PUBT·07/17/2026 11:22:05
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Runhua Living Service buys Jinan commercial office unit for RMB 40 million
  • Runhua Living Service agreed to buy a 2,709-sq-meter commercial office unit in Jinan’s Huaiyin district for RMB 40 million.
  • Deal signed June 22, 2026 with a vendor ultimately owned by non-executive director and controlling shareholder Luan Hangqian, triggering connected-transaction approval.
  • Independent valuer put the property at RMB 42.3 million as of May 31, 2026; price implies a 5.44% discount.
  • Group plans to reposition the unit for leasing; expected annual after-tax net rental income of about RMB 2.5 million.
  • Completion targeted by end-August 2026, subject to independent shareholder approval at an Aug. 7, 2026 EGM and mortgage release.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Runhua Living Service Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260717-12248474), on July 17, 2026, and is solely responsible for the information contained therein.