Cinda Real Estate announced that its wholly-owned subsidiaries Anhui Cinda Real Estate Development Co., Ltd. (hereinafter referred to as "Anhui Cinda Real Estate"), China Cinda Asset Management Co., Ltd. (hereinafter referred to as "China Cinda") and its subsidiary Cinda Capital Management Co., Ltd. (hereinafter referred to as "Cinda Capital") participated in the subscription of Wuhu Tonghui Investment Partnership (Limited Partnership). The total subscription scale of the partnership enterprise shall not exceed 40.0 1 100 million yuan, of which Anhui Xinda Real Estate shall not exceed 400 million yuan for project development and construction.
It is reported that the partnership invested and auctioned a project in Wuhan, which will be developed and built by Anhui Xinda Real Estate.