China Merchants Shekou and others establish a real estate development company in Suzhou.

Qichacha APP shows that Suzhou Zhaozhao Real Estate Development Co., Ltd. was recently established, with She Xiaoyi as the legal representative and registered capital of 750 million yuan. Its business scope includes real estate development and operation; property management; and housing leasing. Qichacha equity penetration shows that the company is jointly held by China Merchants Property Development Co., Ltd., a subsidiary of China Merchants Shekou, and Suzhou Industrial Park Jianwu Development Group Co., Ltd.