Titanium Media App reported on August 10 that the National Enterprise Credit Information Publicity System, the shareholders of Fuqin Real Estate Development Co., Ltd. in Zengcheng District of Guangzhou City changed, and Evergrande Real Estate Group Guangdong Real Estate Development Co., Ltd., which held 30% of the shares, withdrew and added Guangzhou City. Zengcheng District Shengyue Real Estate Development Co., Ltd., Guangzhou Shengyue holds 30% of the shares and becomes the new shareholder. According to the data, Shengyue Real Estate Development Co., Ltd. in Zengcheng District, Guangzhou is 100% owned by AVIC Trust Co., Ltd. Guangzhou Zengcheng District Fuqin Real Estate Development Co., Ltd. was originally held by AVIC Trust and Evergrande Real Estate Group Guangdong Real Estate Development Co., Ltd. with a shareholding ratio of 70% and 30% respectively. After this change, the only shareholder of the company is AVIC Trust. (Source: Surging)
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