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2019
Huawen Group agrees to acquire control of Sanya Huitu
Huawen Group signed an agreement to buy a 49.28% stake in Sanya Huitu from Lhasa Jinyisheng and obtain the rights to a further 12.72% stake. The article says Huawen Group would hold 62% of Sanya Huitu after the transaction, whose subsidiary owns and operates Sanya Phoenix Ridge Scenic Area.