July 3 (NBD) -- Greenland Holdings Corporation Limited ("Greenland", 600606.SH)'s core assets, with December 31 of 2017 as the base date, are valued at 274.75 billion yuan (41.3 billion U.S. dollars) or 255.33 billion yuan (38.4 billion U.S. dollars) considering the debt/equity ratio, the Chinese leading real estate developer announced Tuesday citing the impairment test report issued by a Shanghai-based assets evaluation firm.

No compensation is needed, as the impairment test doesn't indicate a lower value.

Email: gaohan@nbd.com.cn