- CEO
- Wa Fong Hoi
- Full Time Employees
- 7,446
- Sector
- Finance
- Industry
- Real estate development
- Address
- Powerlong Tower Shanghai SH China 201101
- IPO Date
- Oct 9, 2009
- Business
- Powerlong Real Estate Holdings Limited specializes in the development, operation, and management of integrated commercial real estate projects in the People's Republic of China. The company offers a diversified portfolio including property development; commercial real estate projects under the brands Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land; residential developments spanning middle to high-end properties, villas, and high-standard office buildings, hotels, and serviced apartments; property investment focusing mainly on shopping malls and hotel operations with both international branded and self-owned branded chain hotels; and comprehensive commercial operation services encompassing market positioning, tenant sourcing, commercial property management, and value-added services. Additionally, it provides residential property management services including pre-sale management, community value-added services, and property management for residential properties, office buildings, and serviced apartments. The company operates primarily in major economic regions across China such as the Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area, Bohai Economic Rim, Western Taiwan Straits Economic Zone, Hainan International Tourism Island, and the mid-western region. Founded in 1990 and headquartered in Shanghai, Powerlong has expanded to cover more than 300 realty projects and over 15 million square meters of commercial contracted space under management. Recent major developments include entering into a Restructuring Support Agreement with creditors holding about 31% of its scheme debt to address liquidity challenges and pursuing a comprehensive restructuring plan while continuing active sales and development, with 2025 ten-month contracted sales reaching approximately RMB 6.145 billion and 537,974 square meters of contracted sales area. The company also renewed its digitalization service agreement with Shanghai Yueshang to enhance operational capabilities, maintaining a multi-dimensional business approach to meet increasing domestic demands for commercial and residential real estate solutions. Powerlong Real Estate Holdings Limited is listed on the Hong Kong Stock Exchange under ticker 1238.HK.