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C&D Property buys Lianfa Property for RMB 304.41 million

PUBT·09/11/2026 11:05:09
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C&D Property buys Lianfa Property for RMB 304.41 million
  • Xiamen Lirong, a C&D Property unit, agreed to buy 100% of Lianfa Property from Xiamen Lianfa for RMB 304.41 million.
  • Payment split into RMB 254.41 million within 10 business days of completion, then RMB 50 million within 10 business days from June 30, 2027.
  • The price matches an appraised shareholders’ equity value of RMB 304.41 million as of March 31, 2026.
  • Lianfa Property provides property management services in China, mainly for projects developed by Xiamen Lianfa and related parties.
  • Separately, the parties dropped talks for a full acquisition of C&D City Service due to unresolved terms.


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. C&D Property Management Group 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-20260911-12329903), on September 11, 2026, and is solely responsible for the information contained therein.