It is reported that Jilin Yatai Group which is involved in the construction materials, real estate property and financial industries, filed that it is integrating its real estate assets.

The firm will inject CNY 113 million into Hannan Lanhai Group Investment Holding accounting for a 51% of post injection registered capital.

The source said beginning with this transaction, the firm plans to gradually integrate its real estate business with that of Lanhai Group Investment Holding, improving overall competitiveness.

(Sourced from yicai.com)