Jinzhou Jiachi Public Facilities Management Co., Ltd. 錦州嘉馳公共設施管理有限公司

Tai United (0718): remember that Jinzhou shopping mall we bought from Dai Yongge?
Company announcement, 13-Feb-2023
Well it turns out that it came with a hidden CNY1.7bn bank guarantee in favour of a third party, and now the loan is in default and we're being sued for it. Mr Dai is is the controlling shareholder and former Chairman & CEO of China Dili (1387)
Tai United (0718) buys underground shopping malls business from Dai Yongge for CNY1.991bn
Company announcement, 24-Dec-2020
A bit of last-minute Christmas shopping. Mr Dai is is the controlling shareholder and former Chairman & CEO of China Dili (1387). The deal involves 2 malls. In 2016, he acquired a larger collection of these malls, which operate in air-raid shelters without property title, from China Dili. This deal comes after Tai United was warned by the Stock Exchange that it has insufficient operations under Listing Rule 13.24. Problem solved!

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