Redsun Properties Group LimitedCooperation Development Agreement • January 15th, 2019
On 10 June 2021, Guangzhou Hongyu, an indirect wholly-owned subsidiary of the Company, entered into the Cooperation Development Agreement with Guangzhou Merchants, Wuhan Dabenying and the Project Company, pursuant to which Wuhan Dabenying agreed to acquire an aggregate of 33% of the equity interest in the Project Company by way of transfer and contribution for the registered capital and the capital reserve of the Project Company.