- CEO
- Ting Keung Lam
- Full Time Employees
- 478
- Sector
- Finance
- Industry
- Real estate development
- Address
- Radiance Plaza Beijing ZJ China 310052
- IPO Date
- Oct 29, 2020
- Business
- Radiance Holdings (Group) Company Limited (9993.HK) is a Cayman Islands-incorporated investment holding company principally engaged in property development, sales, leasing, and related services in Mainland China; it develops and sells residential properties targeting first-time homebuyers and upgraders, including flagship series such as New Block, King's Garden, and Metropolitan with smart-living features, alongside commercial properties like office buildings, shopping malls, and shopping streets; it also leases commercial properties, provides management consulting services for construction, sales, marketing, and project management to joint ventures and associates, and offers hotel and business management services. Founded in 1996 and headquartered at Radiance Plaza in Beijing, the company operates across eight key regions including Yangtze River Delta, Bohai Economic Rim, Southeastern China, Eastern China, Central China, Southwestern China, Northwestern China, and Shenzhen/Huizhou, with a land bank of approximately 19.4 million sq.m. total GFA (15.6 million sq.m. attributable) as of December 31, 2024, and investment properties totaling about 1.35 million sq.m. GFA; it maintains around 713 employees and focuses on first- and second-tier cities with projects under construction of roughly 10.6 million sq.m. planned GFA. In recent developments, the group reduced total interest-bearing debt to RMB24.6 billion as of December 31, 2024, a 16.4% year-over-year decline from RMB29.4 billion, with weighted average indebtedness cost dropping to 5.26% from 5.99%; it completed repayment of all public market credit bonds including USD bonds in April 2024 and issued RMB550 million in medium-term notes in July 2024; additionally, it delivered over 27,000 residential units across 22 cities in 2024, emphasizing guaranteed delivery ahead of schedule amid market challenges, while recording revenue of RMB24.8 billion for the year.