English | 简体中文 | 繁體中文 | 한국어 | 日本語
Saturday, 13 June 2015, 01:00 HKT/SGT
Share:
Sunshine 100 Receives Strategic Equity Investment from EBA
Forming Comprehensive Strategic Cooperative Partnership and Accelerating Transformation and Upgrade

HONG KONG, June 13, 2015 - (ACN Newswire) - Sunshine 100 China Holdings Ltd ("Sunshine 100 China" or the "Company"); Stock code: 2608) is pleased to announce that the Company entered into a strategic cooperation framework agreement in Beijing with EBA Investments (Advisory) Limited ("EBA Investments"), a subsidiary of China Everbright Limited ("CEL", stock code: 0165.HK). The investment financial group led by EBA Investments team will become the second largest shareholder of Sunshine 100, holding 9.03% of Sunshine 100's shares, and EBA Investments will establish comprehensive strategic cooperative partnership with Sunshine 100. With the support of EBA Investments' superior resources in real estate, finance and other fields, Sunshine 100 will develop innovative real estate products in the internet era, and accelerate upgrade of light asset-based model with value-added services, and continuously expand its business.

According to strategic cooperation framework agreement, EBA Investments will help improve further rapid development of Sunshine 100's main products, such as street complex, social-based service apartment Phoenix Community and so on. Meanwhile, Sunshine 100 and EBA Investments seek access to the high-quality projects from core market to further strengthen the market competitiveness.

Through the strategic cooperation framework agreement, Sunshine 100 will acquire EBA Investments' support in an all-round way, so as to enhance the Company's outstanding property sales capability, to integrate industry resources to jointly establish a platform for internet real estate sales and further develop into a multi-functional real estate internet financial eco-system in the future which is integrated with assets enhancement, property transaction, financial services and property management by combining street commerce with innovative products of Phoenix Community, in order to accelerate upgrade of light asset-based model with value-added services. Leveraging EBA Investments' experience in real estate finance and projects' asset securitization and securitization of projects under construction, Sunshine 100 will develop new projects taking advantage of its core competitiveness with light asset-based operation model.

With EBA Investments' support, Sunshine 100 will formulate a series of development strategies and further promote its financing ability, business scale and rate of capital return in the future.

EBA Investments is the sole real estate investment platform under China Everbright Limited. Through several years efforts in the real estate industry, EBA Investments gradually formed the mature product line including equity investment, debt investment, structured financing, cross-border industry mergers and acquisitions and real estate securitization, etc., which realizes investment through various channels, such as merger integration, active development management and cross-border capital market investment. EBA Investments was ranked first at the "China's Top 10 Real Estate Funds" in the "2015 China's Top 100 Real Estate Enterprises Research Results Announcement and the 12th Top 100 Chinese Real Estate Entrepreneurs Summit" sponsored by the Development Research Center of the PRC State Council, Tsinghua University and China Index Academy. CEL is the largest overseas investment arm of China Everbright Group Ltd. ("Everbright Group"). Everbright Group, the parent company of CEL, is a state-owned financial conglomerate with the total assets under its management as of the end of 2014 being RMB3,000 billion.


Topic: Investment Sectors: Daily Finance
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Tianci international: Discussing Strategic Opportunities for the Shipping and Logistics Industry to Integrate with Blockchain technology and RWA  
July 10, 2025 12:30 HKT/SGT
Tradable Bits Powers Fan Engagement for Rugby Australia's Hosting of the Qatar Airways British & Irish Lions Men's Tour 2025  
July 10, 2025 07:30 HKT/SGT
Hola Prime Unveils 'Hola Prime Futures' with Industry-First 1-Hour Withdrawals, Expands Forex Offering with MT4 Integration  
July 10, 2025 07:00 HKT/SGT
SAPPE's Female CEO Takes the World Stage at the Global Summit of Women 2025 in Berlin, Germany  
July 9, 2025 22:00 HKT/SGT
Cornerstone Robotics Launches First Clinical Evaluation of its Hong Kong-Developed Surgical Robotic System in UK  
July 9, 2025 20:32 HKT/SGT
Standard Chartered GBA Business Confidence Survey points to further tariff drag in H2  
July 9, 2025 18:55 HKT/SGT
XDS Datacentres and ICS Arabia partner to launch landmark 10MW Immersive Cooling Data Center in KSA  
July 9, 2025 13:00 HKT/SGT
Malaysia and France Strengthen Defence Industry Ties with Landmark MoU Signing  
July 9, 2025 12:08 HKT/SGT
GMG Commencing Sales of G(R) Lubricant and Advancing Regulatory Approvals  
July 9, 2025 09:00 HKT/SGT
"Development of Integrated Simulation Platform for Sustainable and Competitive Maritime Industry" has been selected as a R&D project under K Program  
Tuesday, July 8, 2025 7:30:00 PM
More Press release >>
 Events:
More events >>
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575