Yango Group Co., Ltd (SZSE:000671) acquired remaining 49% stake in Fuzhou Zhenyang Real Estate Development Co., Ltd. from Wuhu Gefei Xiangyu Investment Center (Limited Partnership) for CNY 250 million on January 9, 2016.

Yango Group Co., Ltd (SZSE:000671) completed the acquisition of remaining 49% stake in Fuzhou Zhenyang Real Estate Development Co., Ltd. from Wuhu Gefei Xiangyu Investment Center (Limited Partnership) on January 9, 2016.