Beijing Dalong Weiye Real Estate Development Co.,Ltd. (600159.SH) Subsidiary Terminates Acquisition of 60% Stake in Beijing Chengzhu Real Estate Development Co., Ltd.

Stock News2025-12-19

Beijing Dalong Weiye Real Estate Development Co.,Ltd. (600159.SH) announced that its subsidiary, Beijing Dalong Real Estate Development Co., Ltd., had initially agreed with Beijing Shunyi New Town Development Co., Ltd. to acquire a 60% stake in Beijing Chengzhu Real Estate Development Co., Ltd. However, due to differences in key transaction terms and feedback from state-owned asset regulators, the parties failed to reach a consensus and could not sign a formal equity transfer agreement. To protect the interests of the company and its shareholders, both parties mutually decided to terminate the acquisition after careful consideration.

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