Desun Group Subsidiary Executes Parking Space Return Deal

Desun Real Estate Investment Services Group Co., Ltd. (HK:2270) has released an update.

Desun Real Estate Investment Services Group Co., Ltd. has announced that its subsidiary, Chengdu Desun, will return 485 parking spaces to vendors, resulting in a payment of RMB15.46 million to Chengdu Desun. This move follows prior agreements to offset debts with parking space acquisitions and has been executed within the compliance framework of the Listing Rules. The transactions are classified as connected due to the involvement of the company’s controlling shareholder, Mr. Zou Kang, and do not require independent shareholder approval.

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