Jingvest Development "Exits Housing" to Transfer Real Estate Development Business to Controlling Shareholder

SadMoneyMeow · 2026-03-15T15:28:25+00:00

Jingyin Development intends to transfer real estate development business-related assets and liabilities to its controlling shareholder Beijing Investment Company, constituting a major asset reorganization. The transaction will be settled in cash and does not involve changes in equity ownership. Following completion, Jingyin Development will cease its real estate development business. The transaction is currently in the planning stage.

SadMoneyMeow

2026-03-15 15:28:25

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Guancha.com News: On March 15, Jingtou Development Co., Ltd. announced that it plans to transfer assets and liabilities related to its real estate development business to its controlling shareholder, Beijing Infrastructure Investment Co., Ltd. (Jingtou Company).

This transaction is a major asset sale and related-party transaction, and is expected to constitute a significant asset restructuring as defined by the “Administrative Measures for Major Asset Restructuring of Listed Companies.”

According to the announcement, Jingtou Company, the counterparty, is a state-owned sole proprietorship. As of September 30, 2025, it holds a 40% stake in Jingtou Development. Financial data shows that, during the same period, Jingtou Company had total assets of 955.345 billion yuan, net assets of 328.761 billion yuan, and achieved a net profit of 2.063 billion yuan from January to September 2025.

Jingtou Development stated that the transaction will be paid in cash, will not involve issuing shares, and will not change the company’s equity structure or controlling shareholder. Currently, the transaction is still in the planning stage, with the scope and price not yet determined, and the company’s stock will not be suspended.

After the transaction is completed, Jingtou Development will no longer engage in real estate development business.

Disclaimer: The content and data of this article are compiled by Guancha based on publicly available information and do not constitute investment advice. Please verify before use.

(Editor: Guo Jiandong)

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