Huatai Securities (Shanghai) Asset Management Co., Ltd. acquired Shanghai Dehuan Properties Limited from Sinochem International Corporation (SHSE:600500) for CNY 1 billion on April 30, 2024. Huatai Securities (Shanghai) Asset Management Co., Ltd. would assume debt of Dehuan Properties Limited of CNY 500 million.

Huatai Securities (Shanghai) Asset Management Co., Ltd. completed the acquisition of Shanghai Dehuan Properties Limited from Sinochem International Corporation (SHSE:600500) on May 14, 2024.