An undisclosed buyer acquired unknown minority stake in Shenzhen Universe Group Co., Ltd..
February 22, 2021
Share
An undisclosed buyer acquired unknown minority stake in Shenzhen Universe Group Co., Ltd. (SZSE:000023) on February 22, 2021. An undisclosed investment firm in Shenzhen increased its shareholdings in Shenzhen Universe to 10%.
An undisclosed buyer completed the acquisition of unknown minority stake in Shenzhen Universe Group Co., Ltd. (SZSE:000023) on February 22, 2021.
SHENZHEN UNIVERSE (GROUP) CO., LTD. is primarily engaged in the manufacture and sale of concrete and raw materials, and the operation of property management and real estate development and distribution business. The Company operates in four segments, including Commercial Concrete, Property Management, Real Estate and Leasing Services. The Company operates its real estate business in Shenzhen and other areas, including Donghai County, Lianyungang City, and Xiâan City. It is also engaged in the distribution of cement products. The Company principally operates its business in Shenzhen, Guangdong province, Hunan province and Xiâan, Shaanxi province, China.