On December 11, Country Garden Service issued an announcement stating that Bisheng Co., Ltd., wholly owned by Yang Huiyan, the non-executive director, chairman of the board of directors and controlling shareholder of the company, signed a placement agreement with J.P. Morgan Secu

Dagong Real Estate News On December 11, Country Garden Service issued an announcement stating that Bisheng Co., Ltd., wholly owned by the company's non-executive director, chairman of the board of directors and controlling shareholder Yang Huiyan , signed a placement agreement with J.P. Morgan Securitiesplc (hereinafter referred to as the "allocation agent") on December 9.

Accordingly, the placing agent agreed to the placing, and Bisheng Co., Ltd. agreed to sell its existing 237 million shares of the company shares to several independent investors, with a price of HK$21.33 per share, with a total consideration of approximately HK$5.055 billion. The Disposal of Shares accounts for approximately 7.03% of the Company's total issued share capital as of the date of this announcement. After the sale of

is completed, the number of shares held by Yang Huiyan will be reduced from 1.455 billion shares to 1.218 billion shares, and the proportion of holdings of has dropped from 43.15% to 36.12%. Yang Huiyan will remain the controlling shareholder of the company.

From the perspective of stock price , from November 1 to the present, the overall stock price of Country Garden Services has shown an upward trend. Oriental Fortune platform shows that on November 11, Country Garden shares had a minimum intraday low of HK$6.52 per share; on December 9, Country Garden had a maximum intraday high of HK$24.4 per share. During this period, its stock price rose by about 274.23%.