Poly Developments has newly established Zhongshan Hesong Real Estate Development Company Limited, with a registered capital of 50 million yuan. The company is wholly owned by Poly Zhongshan Real Estate Development Company Limited, with Tang Shilin as its legal representative. Its business scope covers real estate development and operation, housing leasing, property management, and real estate brokerage.
Poly Real Estate Group Co LtdPoly Developments established a new subsidiary with 50 million yuan registered capital, which is a routine corporate structure move with no clear positive or negative impact on the parent company's performance.