Tao Hongxia and Zhang Yu acquired a 6.069209% stake in Jinke Property Group Co., Ltd. (SZSE:000656) from Guangdong Hongmin Enterprise Management Consulting Co., Ltd. for approximately CNY 560 million on March 9, 2023. Under the terms, Tao Hongxia won the auction of 162.39 shares representing for CNY 282.07 million and Zhang Yu won the auction for 159.09 million shares for CNY 276.34 million.

Tao Hongxia and Zhang Yu completed the acquisition of a 6.069209% stake in Jinke Property Group Co., Ltd. (SZSE:000656) from Guangdong Hongmin Enterprise Management Consulting Co., Ltd. on March 9, 2023.