Yanlord Land sets up three new subsidiaries in Shanghai, China

Companies will focus on property development and management.

Yanlord Land Group Limited (Yanlord Land) formed three subsidiaries in Shanghai, China through a wholly-owned subsidiary Nanjing Renyuan Investment Co., Ltd. (Nanjing Renyuan).

According to an announcement, the three companies are named Shanghai Renhang Real Estate Co. Ltd., Shanghai Renrui Real Estate Co. Ltd., and Shanghai Rensheng Real Estate Co. Ltd.

Nanjing Renyuan will hold 100% interest in all companies. All were registered for $2m (CNY10m).

The three will also focus on property development and management.

Yanlord Land does not expect the transactions to affect company performance for the financial year.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!