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Suxin Joyful Life Services sells Suzhou Jinlin Apartment property for RMB 231 million via public tender

PUBT·07/21/2026 12:08:43
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Suxin Joyful Life Services sells Suzhou Jinlin Apartment property for RMB 231 million via public tender
  • Suxin Joyful Life Services agreed to sell Jinlin Apartment at No. 365 Heshan Road in Suzhou via public tender for RMB 231 million.
  • Deal signed on July 21, 2026 between unit Golden Lion and Youchao Housing Rental (Suzhou), indirectly owned by China Resources Land.
  • Buyer paid a RMB 69.3 million deposit; remaining RMB 161.7 million due within five working days once conditions are met.
  • Transaction expected to generate a disposal loss of about RMB 2.3 million; related tax payment estimated at about RMB 26.7 million.
  • Proceeds earmarked for expansion of core services business, working capital support for the urban services segment.


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. Suxin Joyful Life Services Co. 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-20260721-12251456), on July 21, 2026, and is solely responsible for the information contained therein.