Huasheng International Holding Limited is an investment holding company principally engaged in the production and sale of ready-mixed commercial concrete, cement, and construction materials in the People's Republic of China. The company also conducts money lending activities; provides management and property investment services; and operates wholesale and retail of household consumables in Hong Kong, the United Kingdom, and the PRC. Incorporated in 2010 and headquartered in Central, Hong Kong, with its registered office in the Cayman Islands, it employs 165 people and lists on the Hong Kong Stock Exchange under ticker 1323.HK, formerly known as Newtree Group Holdings Limited until its name change in March 2020. Recent developments include its agreement in November 2024 to acquire a 4.52% stake in Wisdom Group Holdings Limited for HKD 45 million, enhancing its investment portfolio; a subscription for HKD 40 million in convertible bonds; and units acquiring four properties in Hong Kong's New Territories for HKD 16.5 million to support property investment operations. The company continues to explore expansions in the Guangdong-Hong Kong-Macao Greater Bay Area and Hainan Province through potential partnerships in the concrete and construction sectors amid challenging market conditions reflected in recent profit warnings.