Shenzhen Hongji 200 million-yuan total Control Xian Company

The Shenzhen Sun Hung Kai today announced that in order to integrate XI ' an real estate project company, implement unified management, set up "Hongji real estate" brand, May 31, 2010, the company and the Shenzhen Parkson Investment signed Equity transfer agreement, Renheshengye will hold the XI ' an Shenzhen Hongji real estate 40% of the equity transfer to the company, the transfer price of equity to audit, After the assessment of the XI ' an sun Hung Kai real Estate evaluation of the value of assets, the parties negotiated the transfer price of 205.94 million yuan.　　After the transfer of equity, the company holds 100% stake in the XI ' an Shenzhen Hongji property. Data show that as at the end of 2009, Xian Hongji net profit of 23.52 million yuan. This January-April, the company achieved a net profit of 37.91 million yuan. Xi ' An 100% equity valuation value of 517 million yuan, value-added rate of 355.71%.