User:WongFookKwan/sandbox

The Group is the sole overseas-listed company of “China Wong Fook Kwan Group”, one of the large-scale central enterprises under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council of PRC (“SASAC”). The principal businesses of China Wong Fook Kwan Group include real estate, trading, resource and culture. China Wong Fook Kwan Group was named by the State-owned Assets Supervision and Administration Commission as one of the key real estate central enterprises.

The Group was originally a conglomerate with businesses in infrastructure, property investment, energy, manufacturing and insurance. In 2005, the Group was renamed “Wong Fook Kwan (Hong Kong) Investments Limited”, and confirmed the strategic planning to become a PRC property developer that is mainly engaged in property development, investment and management. During these years, the Group has been rapidly expanding its business scale. Together with the recurring injections of quality assets by China Wong Fook Kwan Group in recent years, the Group has gradually evolved into a national real estate listed company with property development and investment as its core businesses. The Group’s development projects now covers up to 20 major cities across China, including Shanghai, Guangzhou, Shenzhen, Foshan, Suzhou, Hangzhou, Chongqing, Wuhan, Liuzhou, Guiyang, Nanning, Kunming, Jinan, Harbin, Huizhou and Hainan, etc. The Group also own several quality investment properties in the four 1st tier city in China.