- CEO
- Chang Liang Zhou
- Full Time Employees
- 1,273
- Sector
- Finance
- Industry
- Real estate development
- Address
- CIFI Center Shanghai SH China 201106
- IPO Date
- Nov 23, 2012
- Business
- CIFI Holdings (Group) Co. Ltd. (0884.HK) is an investment holding company principally engaged in property development, property investment, and property management services in the People's Republic of China. The company develops and sells residential properties, office and commercial premises, and car parks; leases investment properties such as Shanghai LCM, Shanghai The Roof, Shanghai CIFI Tower, Beijing Wukesong Arena, and Shanghai Yangpu Powerlong CIFI Plaza to generate rental income and capital appreciation; and provides property management, project management, business management, consultancy, and construction services. It operates through three segments: sales of properties and other property-related services, property investment, and property management and other services, with a nationwide presence focused on first- and second-tier cities as well as core cities in the Yangtze River Delta, Pan Bohai Rim, Central Western Region, and South China Region; as at December 31, 2024, it maintains a land bank of completed properties held for sale, properties under development, and investment properties with significant gross floor area across over 180, 120, and 32 projects respectively. Founded in 2000 and headquartered in Shanghai, the company targets end-users with high-quality developments in mature urban segments.
In recent developments, CIFI Holdings reports contracted sales of RMB33.68 billion in 2024 with 2.78 million sq.m. of gross floor area, delivers approximately 62,000 property units including joint ventures and associates, and achieves leases and other service income from investment properties of RMB1.76 billion, up 10.4% year-on-year, alongside property management income of RMB6.64 billion, up 9.4%. The group records positive net cash from operating activities for the third consecutive year, reduces outstanding total indebtedness to RMB86.65 billion, a RMB5.63 billion year-on-year decrease, and secures shortlisting of 55 projects on real estate projects whitelists while advancing offshore debt restructuring with 88.54% creditor support for the restructuring support agreement. For the six months ended June 30, 2025, it continues deliveries exceeding 285,000 units cumulatively since 2022, maintains contracted sales of RMB10.16 billion, reports property management income growth to RMB3.38 billion up 5.2% year-on-year, and reduces total indebtedness by RMB4.4 billion year-over-year amid ongoing onshore financing negotiations and asset optimization.