Hubei Guochuang Hi-Tech Material To Acquire Online Realtor QFang

Shenzhen-listed asphalt manufacturer Hubei Guochuang Hi-tech Material Co., Ltd. has agreed to acquire Shenzhen Yunfang Internet Technology Co., an operator of online real estate leasing and agency platform Qfang.com, for RMB380 million (US$54 million), according to an announcement.

China Money Network

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