Another State – owned Enterprise Announces “Liquidation” of Real Estate Business, Stock Price Hits Daily Limit After Announcement
On the evening of March 15, Jingtou Development Co., Ltd. (Stock Code: 600683) issued a prompt announcement on major asset sales, announcing that it plans to transfer all assets and liabilities related to its real estate development business to its controlling shareholder, Beijing Infrastructure Investment Co., Ltd. (hereinafter referred to as “Jingtou Company”). After the…

