Bao'an Hongji Real Estate Group Co., Ltd. (000040)
Bao'an Hongji Real Estate Group Co., Ltd. (hereinafter referred to as "Bao'an Hongji group"), formerly a collectively owned transportation enterprise in Bao'an County, was established in 1950.
In August 1989, it was reorganized into an internal joint-stock company with the approval of Shenzhen municipal government; in December 1993, it was reorganized into a joint-stock company limited by shares issued to the public with the approval of Shenzhen municipal government and relevant departments of the state. In February 1994, China Securities Regulatory Commission approved the issuance of shares to the public. In August of the same year, it was listed on Shenzhen Stock Exchange (original stock name: Shenzhen Hongji, current stock name: Bao'an real estate, stock code: 000040). It is an old listed enterprise in China. At the end of 2010, the total share capital was 469 million shares, and the total assets exceeded 2.832 billion yuan.
In June 2009, the equity structure of the group company was significantly adjusted. China Bao'an Group Holding Co., Ltd., a wholly-owned enterprise of China Bao'an Group Co., Ltd. (China Bao'an, stock code: 00000 9), became the largest shareholder of the group company, which strongly supported the rapid development of Bao'an Hongji group.