Country Garden Holdings Company Limited (SEHK:2007) is said to have acquired Yurun Real Estate. According to the news report, Country Garden responded that it will not make comments, although having not denied the report. Nanjing Central Emporium (Group) Stocks Co.,Ltd. (SHSE:600280) under Yurun Group Co., Ltd, stated that it has received notice for talking with other third parties relating to strategic cooperation, having not inked any agreement.

Since Nanjing Central Emporium is 56.74% held by Yurun Group and effective controller, the former may be involved in equity transfer.