Xinxiang Jianteng Real Estate Development Co., Ltd. completed the acquisition of additional 51% majority stake in Shenzhen Kangxin Property Co., Ltd. from Konka Group Co., Ltd. for approximately CNY 100 million..
June 16, 2021
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Xinxiang Jianteng Real Estate Development Co., Ltd. agreed to acquire additional 51% majority stake in Shenzhen Kangxin Property Co., Ltd. from Konka Group Co., Ltd. (SZSE:000016) for approximately CNY 100 million on April 29, 2021.
vXinxiang Jianteng Real Estate Development Co., Ltd. completed the acquisition of additional 51% majority stake in Shenzhen Kangxin Property Co., Ltd. from Konka Group Co., Ltd. (SZSE:000016) recently.
Konka Group Co Ltd is a China-based company principally engaged in the consumer electronics and semiconductor business. The Company's consumer electronics business includes multimedia business and white goods business, mainly providing color televisions, refrigerators, washing machines, air conditioners, freezers and other products. The Company's memory chip trading business and semiconductor business are mainly engaged in memory chip trading, packaging and testing of storage products, as well as the research and development of micro-light-emitting diode display-related products. The Company is also engaged in environmental protection and new materials business, mainly recycling, sorting, processing, distribution and sales of renewable resources. The Company's products are sold to domestic and foreign markets.
Xinxiang Jianteng Real Estate Development Co., Ltd. completed the acquisition of additional 51% majority stake in Shenzhen Kangxin Property Co., Ltd. from Konka Group Co., Ltd. for approximately CNY 100 million..
KONKA GROUP CO., LTD. 
