Hainan Zhenghe Industrial Group Co., Ltd. (600759)

Hainan Zhenghe Industrial Group Co., Ltd. (600759)

Hainan Zhenghe Ind'l GRP Co., Ltd., formerly known as Hainan overseas Chinese Investment Co., Ltd., was established in August 1984. It is one of the first joint-stock pilot enterprises in Hainan Province to issue shares to the public. In October 1993, the State Commission for structural reform approved the company to continue to carry out the joint-stock pilot. In September 1996, the company's shares were listed and traded on Shanghai Stock Exchange on October 8, 1996, with the stock code of 600759, approved by the CSRC's Zheng Jian FA Zi (1996) No. 226 document.

Hainan Zhenghe Industrial Group Co., Ltd., formerly known as Hainan overseas Chinese Investment Co., Ltd., was established in August 1984. It is one of the first joint-stock pilot enterprises in Hainan Province to issue shares to the public. In October 1993, the State Commission for restructuring the economic system approved the company to continue the joint-stock pilot. In September 1996, the company's shares were listed and traded on the Shanghai Stock Exchange on October 8, 1996 with the approval of the CSRC's Zheng Jian FA Zi (1996) No. 226 document. The total share capital of the company is 1220117545 shares and the net asset is 1.719 billion yuan. The company is a listed company mainly engaged in commercial real estate operation. The business scope of the company is mainly commercial real estate. The profit of commercial real estate operation mainly comes from the rental income of commercial real estate and the value-added income of holding commercial real estate. It is a complex of "Finance + real estate + commerce". Although the development space is huge, the competition is more and more fierce. Accordingly, the management of the company formulates corresponding competitive strategies: during the first Five-Year Plan period, the company is a follow-up strategy throughout the country; Locally, it's a leading strategy. Two five-year plan, into the national leader ranks, become a famous holder of commercial real estate and commercial real estate operation and management services.

Nature of Business

Real estate development, leasing, operation and management; Domestic and foreign trade; The development, management and service of tourism resources and products; Production and sales of building materials. Investment, development and operation of basic energy industry; Mining investment and development, forestry investment and development management; Investment, development, production and operation of high-tech projects and products (subject to the approval and registration by the industrial and commercial department).

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