5I5J Holding Group Co., Ltd. announced that it has received CNY 1.66 billion in funding from Tibet Taihe Xianji Investment Management Co., Ltd., Tianjin Haili Fangzhou Investment Management Co., Ltd., Qingdao Zhongjian Xincheng Investment and Construction Co., Ltd.
January 24, 2018
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On January 25, 2018, 5I5J Holding Group Co., Ltd. (SZSE:000560) closed the transaction. The company obtained administrative license. The transaction included participation from Tibet Taihe Xianji Investment Management Co., Ltd. for 89,887,641 shares, Tianjin Haili Fangzhou Investment Management Co., Ltd. for 56,179,774 shares, and Qingdao Zhongjian Xincheng Investment and Construction Co., Ltd. for 40,449,438 shares. The securities are subject to hold period of 36 months and 12 months each for the investors respectively. The share capital of the company increased from 1,625,406,879 shares to 1,811,923,732 shares.
5I5J HOLDING GROUP CO., LTD. is a China-based company mainly engaged in the real estate business. The Company operates three main businesses. Real estate brokerage business includes second-hand house brokerage business, new house business and overseas business. The property management business is engaged in the residential leasing and property management. The commercial asset management business is engaged in the management of commercial rental operations such as department stores. The Company is also engaged in commercial retail, hotel travel services, real estate development, property services and other services. The Company conducts its business within the domestic market and to overseas markets.
5I5J Holding Group Co., Ltd. announced that it has received CNY 1.66 billion in funding from Tibet Taihe Xianji Investment Management Co., Ltd., Tianjin Haili Fangzhou Investment Management Co., Ltd., Qingdao Zhongjian Xincheng Investment and Construction Co., Ltd.