Jiangxi Jiangan Construction Engineering Co., Ltd. agreed to acquire Xinjiang International Land Real Estate Development Co., Ltd. and Xinjiang Sinochem Real Estate Co., Ltd from Xinjiang International Industry Co.,Ltd (SZSE:000159) for approximately CNY 250 million on April 26, 2024. As per the transaction, the transfer price for Xinjiang International Land Real Estate Development Co., Ltd. is CNY 159 million and Xinjiang Sinochem Real Estate Co., Ltd is CNY 95 million. As of March 31, 2024, Xinjiang International Land Real Estate Development Co., Ltd. and Xinjiang Sinochem Real Estate Co., Ltd generated combined total assets of CNY 805.6 million and net assets of CNY 745.9 million.