BEIJING, Aug. 10, 2018 /PRNewswire/ -- Fang Holdings
Limited (NYSE: SFUN) ("Fang"), the leading real estate Internet
portal in China, today announced
that it has completed the acquisition of a 10% equity interest in
Chongqing Wanli New Energy Co., Ltd. ("Wanli"), a company listed on
the Shanghai Stock Exchange (stock code: 600847), from its former
controlling shareholder.
For further details of this acquisition, please refer to
previous public announcements made by Fang as well as public
announcement made by Wanli, available at www.sse.com.cn, the
official website of the Shanghai Stock Exchange.
About Fang
Fang operates the leading real estate Internet portal in
China in terms of the number of
page views and visitors to its websites. Through its websites, Fang
provides e-commerce, marketing, listing, financial and other
value-added services for China's
fast-growing real estate and home furnishing and improvement
sectors. Its user-friendly websites support active online
communities and networks of users seeking information on, and other
value-added services for, the real estate and home furnishing and
improvement sectors in China. Fang
currently maintains about 100 offices to focus on local market
needs and its website and database contains real estate related
content covering more than 651 cities in China. For more information about Fang, please
visit http://ir.fang.com.
About Wanli
Founded in 1992, Wanli is a manufacturer of storage batteries.
Wanli's shares have been listed on the Shanghai Stock Exchange
since 1994.
For investor and media inquiries, please contact:
Dr. Hua Lei
CFO
Phone: +86-10-5631-8661
Email: leihua@fang.com
Ms. Jessie Yang
Director, Investor Relations
Phone: +86-10-5631-8805
Email: jessieyang@fang.com
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SOURCE Fang Holdings Limited