- CEO
- Hong Liang Chen
- Full Time Employees
- 1,515
- Sector
- Finance
- Industry
- Real estate development
- Address
- Shanghai Convention & Exhibition Center Hong Kong Hong Kong
- IPO Date
- Jul 16, 2019
- Business
- Zhongliang Holdings Group Company Limited (2772.HK) is an investment holding company principally engaged in real estate development, property leasing, and management consulting services in Mainland China. The Group develops and sells residential properties targeting first-time home purchasers, first-time upgraders, and second-time upgraders; develops, operates, and manages commercial and mixed-use properties; provides high-end residential property services, commercial property services, developer services, asset services, and diversified living services; and derives revenue from property sales, rental income, and other services. Headquartered at 20/F, No. 3 Shanghai Convention & Exhibition Center of International Sourcing, 235 Yunling East Road, Putuo District, Shanghai, the company was founded in 1993 and operates nationwide across five core economic areas, including the Yangtze River Delta, Midwest China, Pan-Bohai Rim, Western Taiwan Straits, and Pearl River Delta, with a land bank supporting its activities in over 140 cities. In recent developments, the Group completed a major offshore debt restructuring in March 2024 via a Hong Kong scheme of arrangement, involving approximately US$929 million in bonds and private loans, resulting in new senior notes and convertible bonds to extend maturities and improve liquidity; delivered approximately 80,000 property units in 2024, ranking Top 13 among Chinese developers by units delivered; and implemented liquidity enhancement measures, including debt extensions, sales acceleration, cash collection, cost controls, and potential project disposals amid challenging market conditions.