Shenzhen International Enterprise Co., Ltd. (000056)
Shenzhen International Enterprise Co., Ltd. (hereinafter referred to as the company) is mainly engaged in business, real estate development, property management and forestry planting. At the end of 2007, the company sold the equity of Shenzhen International Shopping Mall. Now it has completely withdrawn from the traditional department store industry and transformed into a large shopping mall.
The company's two major projects: Jingdao shopping center and forestry project are in the investment period. The company has started the investment in forestry industry in 2004, and has signed a cooperative afforestation agreement covering an area of 1.3 million mu, ranking the third in Guangdong Province, and the target area of "Shenzhen merchants" is 2million mu. Up to now, the company has planted 50000 Mu eucalyptus, and the forestry planting area is temporarily within the top ten of the annual afforestation volume in Guangdong Province.