- Business
- Shenzhen Centralcon Investment Holding Co., Ltd. engages primarily in real estate development in China. The company develops and constructs residential and commercial properties, including high-quality residential projects, five-star hotels, and Class A office buildings; it provides hotel management and catering services, property management services, sales and leasing of properties, business management consulting, and construction activities. Operations focus on major cities across China, targeting residential, commercial, and hospitality customers, with a controlling shareholder in Zhongzhou Group, a diversified enterprise spanning multiple industries and regions.
Founded in 1994 and headquartered in Shenzhen, China, the company lists on the Shenzhen Stock Exchange main board and holds first-class national real estate development qualification. It maintains high-quality land reserves and operates its own professional property management subsidiary. In late 2024, Shenzhen Centralcon sold 100% equity in Shenzhen Centralcon Property Management Co., Ltd. to Onewo Inc., a technology-driven property services provider, for RMB226.95 million, marking a strategic divestiture of its property management operations to focus core competencies amid industry adjustments. This transaction, effective after board approval in early January 2025, supports partnerships enhancing residential property service efficiencies in 44 projects across multiple cities.