Central China Management Company Limited
9982.HK
Hong Kong Stock Exchange0.10
HKD
+0.00
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Central China Management Company Limited
9982.HK
(Hong Kong Stock Exchange)
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0.10
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Central China Management Company Limited (9982.HK) is a Cayman Islands-incorporated investment holding company principally engaged in providing comprehensive project management services for property development projects throughout all phases, including project research and approval, design, construction oversight, marketing, sales strategies, cost control, engineering management, completion acceptance, and property services; the company offers commercial project management where it dispatches management teams to output branding and operations for client-funded developments, government project management for affordable housing and public facilities such as resettlement housing and public rental units, capital project management connecting external capital for real estate investments to deliver returns for financial institutions, and management consulting services integrating industry resources for professional guidance. Incorporated in 2020 and headquartered in Room 212, 313, Block C, Jianye Headquarters, Nongye East Road, Zhengzhou, Henan Province, China, with its principal place of business in Hong Kong, the company primarily operates in Henan Province and other regions of the People's Republic of China through subsidiaries including Henan Zhongyuan Central China City Development Co., Ltd. (100% owned), Zhongyuan Central China (Hainan) Management Services Co., Ltd. (100% owned), and various regional entities such as Zhongyuan Central China (Anyang) City Development Co., Ltd. (70% owned) focused on project management services; it serves diversified clients including property developers, government entities, and financial institutions without significant customer concentration. Latest developments include a 46.2% revenue decline to RMB252.0 million for the year ended December 31, 2024, with net profit falling 63.6% to RMB73.2 million and no final dividend proposed; trading suspension on the Hong Kong Stock Exchange since April 2, 2024, due to compliance issues; resignation of the company secretary and authorized representative Ms. Ho Wing Nga effective December 1, 2025, leaving the company non-compliant with Listing Rules 3.28 and 3.05 as it seeks replacements; a change in its Hong Kong principal place of business to Mong Kok; and ongoing share issuances under a scrip dividend scheme, including 174,314,908 shares in February 2024 for the 2023 interim dividend.