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Shanghai Zhengda sells properties in Shanghai and Qingdao, with an estimated value of about 2.877 billion yuan.
Jinshi data, August 20, for the restructuring of non-performing and distressed assets, and improving financial conditions, Shanghai Zhengda has recently sold assets in many places, including Shanghai Zhengda Thumbs Up Plaza, Qingdao Zhengda Thumbs Up Plaza, and other properties. The announcement shows that the appraiser evaluated the total value of these properties (including properties subject to attachment orders and properties that have not yet obtained proper ownership certificates) on May 31, 2024, to be approximately 2.877 billion yuan.