- Business
- China SCE Group Holdings Limited, operating as an investment holding entity, concentrates on property development, investment, and management across the People's Republic of China. The company builds various types of real estate, encompassing residential, commercial, cultural tourism, and industrial properties. Beyond construction, its operations include the rental of apartments, the management of shopping centers, residential and public amenities, as well as ventures in education and health management sectors. Additionally, the group engages in financial services such as fund administration and investment, alongside the trading of construction materials. Historically known as China SCE Property Holdings Limited, the organization adopted its current name in July 2018. Established in 1996, its primary business operations are directed from Shanghai, PRC. The company is a subsidiary of Newup Holdings Limited. It is currently navigating an offshore debt restructuring process, having reached an agreement in principle on key commercial terms with an ad hoc group of creditors as of November 2024, and has extended deadlines for creditor approvals into late 2025.