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Hunan Huasheng Co Ltd Receives Approval for Sale of Yueyang-based Company

Thursday, 5 Sep 2013 08:00pm EDT 

Hunan Huasheng Co Ltd announced that it has received approval from State-owned Assets Supervision and Administration Commission of Hunan Provincial, for the transaction regarding sale of a 100% stake in a Yueyang-based real estate development company and liabilities worth RMB 143,254,528 of the Yueyang-based company, for no less than RMB 455 million through listing on equity exchange. 

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