Huayuan Real Estate Launched The Establishment Of Affordable Housing Fund

Huayuan Real Estate (600743) announcement, the company agreed to the controlling shareholder of Beijing Huayuan Real Estate Co., Ltd. as a sponsor. Shareholder One of them is to invest in the construction of the Bank of China, to invest in Limited by Share Ltd (Fund). housing And related fields, especially the construction, investment and operation of public rental housing projects.

Jien Yin precision intends to register capital The total amount is 700 million yuan, and the initial investment is 350 million yuan, of which Huayuan Real estate investment is 100 million yuan, with the initial investment of 50 million yuan, accounting for 14.29% of the total registered capital.

Huayuan Real estate at the same time announced that the controlling shareholder of Huayuan Real Estate and Zhongcheng Wah Yuen (Tianjin) equity investment fund partnership and Zhongcheng Lihua (Tianjin) equity investment fund partnership to cooperate with the Tongzhou brick factory project developed by the company located in Liyuan Town, Tongzhou District, Beijing; agreed that Huayuan Real Estate and Zhongcheng Wah Yuen and Zhongcheng Lihua jointly increased the capital to item company Beijing Xin Tong Zhi Yuan Real Estate Development Co., Ltd., and Zhongcheng Wah Yuen and Zhongcheng Lihua jointly increased their capital by 50 million yuan; Huayuan Real Estate increased 50 million yuan to Xintong. After the completion of the capital increase, the registered capital increased from 50 million yuan to 150 million yuan, and the shareholding ratio of the company was changed to: Zhongcheng Wah Yuen and Zhongcheng Lihua share 33.33%, Huayuan Real estate holds 65.67%, and Beijing Shengshi Xinye Real Estate Co., Ltd. has 1%.

The ground floor construction area of Tongzhou brick factory is 309 thousand square meters, of which 151 thousand square meters of ordinary commercial housing, 158 thousand square meters of directional resettlement housing and limited price housing.