Singapore-listed Yangzijiang Shipbuilding (YZJ) has sold its last property subsidiary.
It said on Friday it had concluded a deal to offload its 50% holding in Jiangsu Huaxi Yangzi Real Estate.
The company was set up to develop "high-end residential buildings" on former shipyard land vacated by its Jiangsu Yangzijiang Shipbuilding Co in Jiangyin city.
It banked CNY 8.07m ($1.2m) from the deal.
