- Business
- Fujian Holdings Limited (0181.HK) is an investment holding company principally engaged in property investment in Hong Kong and hotel operations in Mainland China. The company operates through two main segments: property investment, which involves the rental of commercial property units, parking spaces and investment properties including units in Sun Ming Court, Sham Shui Po, Kowloon; Wing On House, Des Voeux Road Central; and Yuet Ming Building, Kwun Tong; and hotel operations, which encompass accommodation, catering services, rental revenue from shopping areas and other ancillary services at its star-rated leisure and business hotel in Xiamen, Mainland China. It also maintains a 25% equity interest in Fuzhou Harmony Piano Co. Ltd. for piano manufacturing and an 18.44% direct equity interest in Fujian Huamin Leasing Company Limited, providing financial leasing and associated services; additional activities include capital operations, cross-border financing and financial assets at fair value through profit or loss. Incorporated in 1958 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1973, the company is headquartered at Room 3306-08, 33/F, West Tower, Shun Tak Centre, 200 Connaught Road Central, Hong Kong, and is a subsidiary of HC Technology Capital Company Limited, which is ultimately controlled by Fujian Tourism Development Group Company Limited, a state-owned enterprise under the State-owned Assets Supervision and Administration Commission of Fujian Province. Geographically, it focuses on Hong Kong for property rentals and Mainland China, particularly Fujian Province and Xiamen, for hotel and related operations targeting leisure travelers, business clients, conferences and group catering. In recent developments, the company re-designated its general manager and appointed a new general manager and executive director in March 2025, alongside changes in non-executive directors; it reported a net loss of HK$33.1 million for the year ended December 31, 2024, driven by a HK$19.2 million decrease in fair value of investment properties, a HK$11.1 million share of loss from its piano manufacturing associate, hotel operation rights expiration by end-2025 prompting fixed asset write-offs, and a 36% drop in hotel revenue to HK$20.1 million amid lower occupancy at 44%; property rental income rose slightly by 2% to HK$4.0 million, while its financial leasing investment gained HK$9.5 million in fair value changes; interim results for the six months ended June 30, 2025 were announced in August 2025 with no outstanding borrowings as of that date.