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Suntar Eco-City forms Hainan property development joint venture with Suiji, Boyida for RMB 112.5 million

Suntar Eco-City forms Hainan property development joint venture with Suiji, Boyida for RMB 112.5 million

ReutersReuters2026/09/08 10:49
  • Suntar Eco-city’s wholly owned unit Wuping Suntar formed a joint venture in Hainan with Hainan Suiji and Boyida on Sept. 7.
  • New company Zhuzhilan (Hainan) Technology has registered capital of RMB 112.5 million; Wuping Suntar holds 40%.
  • Hainan Suiji holds 30%; Boyida holds 30%; partners focus on digital technology, health, wellness technology services.
  • Wuping Suntar will initially contribute RMB 22.5 million; remaining capital to be injected pro rata under Zhuzhilan shareholder approval.
  • Deal targets property development in Hainan; transaction not expected to materially affect FY2026 earnings or net tangible assets per share.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Suntar Eco-city Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: BYVLYMOC6ZMLTYXR) on September 08, 2026, and is solely responsible for the information contained therein.

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