Hangzhou Binjiang Real Estate Group Co., Ltd. (SZSE:002244) signed an equity purchase agreement to acquire remaining 30% stake in Hangzhou Binkai Real Estate Development Co Ltd. from Zhejiang Sanhua Co.,Ltd (SZSE:002050) for CNY 270 million on June 14, 2013.

Hangzhou Binjiang Real Estate Group Co., Ltd. (SZSE:002244) cancelled the acquisition of remaining 30% stake in Hangzhou Binkai Real Estate Development Co Ltd. from Zhejiang Sanhua Co.,Ltd (SZSE:002050) on June 14, 2014.