Hangzhou Jinlan Real Estate Co., Ltd. acquired Hangzhou Calxon Binhong Real Estate Development Co., Ltd., Hangzhou Mingcheng Boyuan Real Estate Co., Ltd., Zhuji Calxon Real Estate Development Co., Ltd., Chongqing Huapu Real Estate Development Co., Ltd., and 75% stake in Zhangjiagang Calxon Binhong Real Estate Development Co., Ltd. from China Calxon Group Co., Ltd. (SZSE:000918) for approximately CNY 360 million as of January 17, 2019. Hangzhou Jinlan Real Estate Co., Ltd. won a bid through Zhejiang Property & Stock Exchange.