Shenzhen Zhenye Group Lists Six Shenzhen Properties for Sale at 170 Million Yuan
Shenzhen Zhenye (Group) Co., Ltd. announced its board approved the public listing of six self-owned commercial properties in Shenzhen via the Shenzhen United Property and Equity Exchange. The properties total 8,410.1 square meters with an initial listing price of approximately 170 million yuan. The company aims to revitalize assets and improve capital efficiency. The counterparty and final price remain undetermined.
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Shenzhen Zhenye Group Plans to Sell Six Shenzhen Properties for 170 Million Yuan
Shenzhen Zhenye (Group) Co., Ltd. (深振业A) announced on September 22 that its board of directors has approved a plan to publicly list six self-owned properties in Shenzhen for sale through the Shenzhen United Property and Equity Exchange. The properties, with a total area of 8,410.1 square meters, have an initial listing price of 170 million yuan (approximately 1.7 billion yuan). The assets include commercial units and a market space across several locations: Zhenye Meiyuan Complex (first and second floors), Baoli Mansion (second and third floors), and Xinghai Mingcheng Group 1 Shop and Meat Market (first and second floors). The transaction counterparty and final sale price have not yet been determined. This follows a previous announcement on June 1, in which the company disclosed plans to sell five other Shenzhen properties totaling 9,435.97 square meters for a combined listing price of about 150.7 million yuan. The report is based on publicly available information and does not constitute investment advice.
Read sourceShenzhen Zhenye Group Plans to Sell Six Self-Owned Properties in Shenzhen via Public Listing
Shenzhen Zhenye (Group) Co., Ltd. (stock code: 000006), known as 深振业A, announced on September 23 that it plans to sell six of its self-owned properties in the Shenzhen area through a public listing on the Shenzhen United Property and Equity Exchange. The move is aimed at further revitalizing the company's existing assets. The properties to be sold include the first and second floors of Zhenye Meiyuan Complex Building, the second and third floors of Baoli Tower's podium, and the first and second floors of the Xinghai Mingcheng Group 1 Shop and Meat Market. The total initial listing price for the proposed sale is set at 170 million yuan.
Read sourceShenzhen Zhenye Group Plans to List 6 Properties for Sale at 170 Million Yuan
Shenzhen Zhenye (Group) Co., Ltd. (ticker: 深振业A) announced that its board of directors approved a resolution on September 22, 2026, to publicly list six self-owned properties in the Shenzhen area for sale through the Shenzhen United Property and Equity Exchange. The properties have a total floor area of 8,410.1 square meters, with an initial listing price of 170 million yuan. The company stated that the counterparty and final transaction price remain uncertain at this stage.
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Shenzhen Zhenye Group to Sell Six Shenzhen Properties for 169 Million Yuan to Boost Liquidity
On September 23, Shenzhen Zhenye (Group) Co., Ltd. (深振业A) announced that its board approved the public listing of six self-owned properties in Shenzhen on the Shenzhen United Property and Equity Exchange to revitalize assets and improve capital efficiency. The properties include portions of Zhenye Meiyuan Complex, Baoli Mansion, and Star Sea City commercial spaces, totaling 8,410.1 square meters, with an initial listing price of approximately 169 million yuan. The company stated the assets have no legal disputes or encumbrances. The sale aims to accelerate cash recovery, supplement working capital, and optimize the company's financial structure, aligning with its long-term strategy. The company emphasized that the transaction will not harm shareholder interests or disrupt normal operations. However, the counterparty, final price, and impact on current-period earnings remain uncertain. The announcement follows the company's 2026 half-year report (likely a typo for 2024), which showed a 57.7% drop in revenue to 796 million yuan and a net loss of 95.73 million yuan, deepening by 34.88% year-on-year.
Read sourceShenzhen Zhenye Group Plans to Sell Six Shenzhen Properties for 170 Million Yuan
Shenzhen Zhenye (Group) Co., Ltd. (深振业A) announced on September 23, via a report from Securities Times, that it plans to publicly list and sell six of its self-owned properties located in Shenzhen. The properties include the second floor of the company's comprehensive building, the second and third floors of Baoli Mansion, and the first and second floors of the Xinghai Mingcheng Group 1 Shop and Meat Market. The initial listing price for the proposed sale totals 170 million yuan (approximately 1.7 billion yuan). The announcement was carried by East Money's corporate news section, citing the Securities Times report.
Read sourceShenzhen Zhenye Group to Auction Six Shenzhen Properties to Boost Asset Efficiency
Shenzhen Zhenye Group (000006.SZ) announced on September 23 that its board has approved the public listing and transfer of six self-owned properties in Shenzhen through the Shenzhen United Property and Equity Exchange. The move aims to further revitalize idle assets and improve asset allocation efficiency and utilization. The properties include units at Zhenye Meiyuan Complex, Baoli Mansion, and Star City, covering a total area of 8,410.10 square meters. The initial combined listing price is set at 169.7038 million yuan. The company stated the sale is part of its strategy to enhance asset efficiency.
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