Huasi Holding Company Limited (SZSE:002494) agreed to acquire remaining 14.4996% stake in Suning Jingnan Fur City Co., Ltd. from Hebei Haojue Real Estate Co., Ltd. for CNY 1 on October 25, 2023. Huasi Holding Company Limited will hold 100% equity of Suning Jingnan Fur City Co., Ltd. Suning Jingnan Fur City Co., Ltd reported Total revenue of CNY 4.8 million, Total assets of CNY 149.7 million, operating loss of CNY 53.6 million and Net liability of CNY 59 million in December 31, 2022. The board and shareholders of Huasi Holding Company Limited has approved the deal.