On July 4, Beijing Capital Development Co., Ltd. issued an announcement on providing financial assistance.The company has recently provided a total of 14 million yuan of shareholder loans to two joint venture project companies; the three holding project companies have allocated a total of 205.5 million yuan of wealthy funds to other shareholders except Shoukai Shares (including controlled subsidiaries).Among them, Shoukai Co., Ltd. holds 50% of the shares in Beijing Shoukai Vanke Hetai Real Estate Co., Ltd. and provides a subsidy of 4 million yuan; it holds a 50% share in Beijing Shoukai Longhu Yingtai Real Estate Co., Ltd. and provides a subsidy of 10 million yuan.
(Editor in charge: Hua Qingjian)
