Sundy Service Group Co. Ltd Expands with New Property Acquisition and Renewed Agreements

Tip Ranks
2025.11.19 12:37
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Sundy Service Group Co. Ltd announced the acquisition of property from Greenland Holdings for RMB6,648,276 through its subsidiary, Hangzhou Hehong. The company also renewed key agreements, including the Master Lease Agreement, to continue connected transactions from 2026 to 2028, aiming to solidify its market position and ensure operational continuity.

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Sundy Service Group Co. Ltd ( (HK:9608) ) has provided an announcement.

Sundy Service Group Co. Ltd announced a significant acquisition of property through its subsidiary, Hangzhou Hehong, from Greenland Holdings for RMB6,648,276. Additionally, the company has renewed several key agreements, including the Master Lease Agreement, Property Management Agreements, Master Service Agreement, and Master Purchase Agreement, to continue its connected transactions from 2026 to 2028. These strategic moves aim to solidify Sundy Service Group’s market position and ensure the continuity of its operations, impacting stakeholders by maintaining stable business relationships and service provisions.

More about Sundy Service Group Co. Ltd

Sundy Service Group Co. Ltd, incorporated in the Cayman Islands, operates in the property management industry. The company is involved in property acquisition and management, focusing on connected transactions and lease agreements to enhance its service offerings.

Average Trading Volume: 828,125

Technical Sentiment Signal: Sell

Current Market Cap: HK$299.5M

Find detailed analytics on 9608 stock on TipRanks’ Stock Analysis page.