Jiubai Longxin Shanghai Commercial Development Company Limited was recently established with a registered capital of 860 million yuan. The company's legal representative is Peng Zhaohui, and its business scope includes commercial complex management services, corporate management, non-residential real estate leasing, business agency services, catering management, and engineering management services. According to Qichacha equity penetration data, the company is jointly held by Shanghai Jiubai and Hengyishang Business Management Shanghai Company Limited, among others.
Shanghai Join Buy Co LtdShanghai Jiubai is a joint holder of the newly established company, but the article does not specify financial terms or strategic impact.