China Vanke Co.,Ltd. (SZSE: 000002) has announced it is advancing its strategy of focusing on specific cities and business segments.
The company stated in response to investor inquiries that it is continuing to implement this focused approach.
As part of this strategy, Vanke has listed its equity in the food business Huanshan Group on the Shenzhen United Assets and Equity Exchange for transfer.
The company indicated that utilizing the public listing process helps ensure a fair transaction price and full compliance with regulatory procedures.
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