Ping An Insurance (Group) Company of China, Ltd. (SEHK:2318) agreed to acquire Beijing Jinfeng Wansheng Real Estate Co., Ltd. from Beijing Jinfeng Wansheng Real Estate Co., Ltd. on December 23, 2020. The tentative consideration for the acquisition is for CNY 3.7 billion. As on September 30, 2020, Beijing Jinfeng Wansheng Real Estate Co., Ltd. reported total assets of CNY 4.5 billion and owners? equity of approximately CNY 740 million. Transaction is approved by the Board of Financial Street Holdings Co., Ltd.

Ping An Insurance (Group) Company of China, Ltd. (SEHK:2318) completed the acquisition of Beijing Jinfeng Wansheng Real Estate Co., Ltd. from Beijing Jinfeng Wansheng Real Estate Co., Ltd. on December 31, 2023.