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JT&N Shanghai Signs an Annual Cooperation Agreement with Suzhou Languang Real Estate Co., Ltd.

2017-05-05/ RECENT DEALS/

Recently, JT&N Shanghai and Suzhou Languang Real Estate Co., Ltd. signed an annual cooperation agreement regarding real estate investment and financing. The project is led by Senior Partner Guoliang HE.

Recently, after several rounds of comprehensive evaluation, Suzhou Languang Real Estate Co., Ltd. finally signed an annual cooperation agreement with JT&N Shanghai regarding real estate investment and financing. A lawyer team has been formed to provide relevant legal services for the project, which is led by Senior Partner Guoliang HE.

Suzhou Languang Real Estate Co., Ltd. is a company indirectly controlled by Sichuan Languang Development Co., Ltd. (hereinafter “Languang Development”). Languang Development has completed its reorganization and IPO (stock code: 600466 SH) on the Shanghai Stock Exchange in April 2015.

Real estate is the traditional competitive business of Languang Development whose investment layout is highly in line with the national urban agglomeration construction plan, focusing on mainstream cities and deep cultivation of highly potential areas. At present, Languang Development has made deployments in five regions across the country.

In 2017, Languang Development ranked 23rd among the China's top 100 real estate companies in terms of comprehensive strength, and for the first time ranked 4th among the top 10 stable real estate companies. At the same time, Languang Development ranked 9th among other Chinese real estate companies with the largest brand values (mixed ownership) in 2016, for a corporate brand value of RMB10.7 billion, and has for two consecutive years been named China's top 10 listed real estate companies with the most investment value.

The cooperation between Suzhou Languang Real Estate Co., Ltd. and JT&N will provide a solid legal guarantee for the steady and rapid development of Languang Development.

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