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What happened to the beast, Sunac?

Part of Sunac's equity was transferred to Greentown to help it get out of trouble.

Sunac Haotou11700 million won seven plots of land in a batch of land supply in Tianjin, and the amount of land acquired exceeded the sum of the second-place China Transportation and the third-place Greentown.

But a month later, Sunac sold most of the land to Greentown. This includes the Xiqing Shuixi plot bought by 4.9 billion yuan, and Sunac only retained 7% of the shares.

Lao Sun also wants to sell the old renovation project of Shanghai New Lake Yalong Lake to Greentown. This was actually taken away from Greentown by Sunac at the end of 2020 at a sky-high price of 3.8 billion yuan.

Became the "fifth largest AMC institution" in China. China's investment rounds have become seed round, angel round, preA round, A round, B round, C round, BAT round, IPO round and Sun Hongbin round.

sunac china holdings limited

Referred to as Sunac, it is a company listed on the Hong Kong Stock Exchange specializing in the comprehensive development of residential and commercial real estate. The company adheres to the regional focus and high-end boutique development strategy.

Sunac China Holdings Co., Ltd. has a number of projects in different stages of development in Beijing, Tianjin, Shanghai, Chongqing and Hangzhou, and its products cover high-end residential, villa, commercial, office and other property types.

On September 6th, "Hainan Foreign Investment Project Fair and Signing Ceremony" was held in Beijing Hotel. At the fair, the Sanya Municipal Government and Sunac China signed a strategic cooperation framework agreement to jointly introduce international intellectual property rights, build a tourism industry ecosystem, and boost Sanya's global tourism construction. 20 19 10 10 on 23rd October, 20 19 Fortune 50 list was announced, and Sunac China ranked 50th.