HONG KONG, Sept. 26, 2014 /PRNewswire/ -- Modern Land (China) Co., Limited ("Modern Land" or the "Company", together with its subsidiaries, the "Group") a leading real estate developer of properties integrated with energy-saving technology in the PRC, announced that Mr. Zhang Lei, the chairman, executive director, founder and controlling shareholder of the Company, increased his shareholding by acquiring a total of 950,000 shares of the Company this week, reaching an aggregate amounted to HK$1,113,500. The price was between HK$1.13 and HK$1.25 per share.
About Modern Land (China) Co., Limited
Established in 2000 in Beijing, Modern Land is a leading real estate developer of environmental and energy-saving properties, and concentrates on developing energy-efficient and comfortable living environment with property development projects in Beijing, Taiyuan, Changsha, Nanchang, Wuhan, Hefei, Suizhong, Jiujiang and Xiantao. The Group possesses strong capabilities in R&D while integrating advanced energy-saving technologies. Through its "MOMA" energy-saving system, the Group is able to integrate various sustainable development techniques in terms of comfortable and sustainable property development and provide comprehensive systematic solutions. The Group has three product lines: Wan Guo Cheng ΜΟΜA, Shang Pin Ge MOMA and Man Ting Chun MOMA, all equipped with and will continue to adopt the applications of the Group's core technology system.
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