- CEO
- Jian Gang Zhang
- Full Time Employees
- 4,857
- Sector
- Finance
- Industry
- Real estate development
- Address
- No. 996, Xiaoshao Road Hangzhou ZH China 311201
- IPO Date
- Nov 13, 2007
- Business
- Zhong An Group Limited (0672.HK) engages primarily in property development, leasing, and hotel operations across residential and commercial segments. The company develops and sells residential properties, provides property management services, project management services, and other related services to residential properties in Mainland China and Canada; it also develops and sells commercial properties, leases investment properties, operates hotels, and delivers property management, project management, and other services to commercial properties in Mainland China, Japan, and the United Kingdom. Additional activities encompass theatre and hotel management, agricultural development, development and investment management, technology development, construction design, and shipping services. Founded in 1997 and headquartered at No. 996 Xiaoshao Road, Xiaoshan District, Hangzhou, People's Republic of China, Zhong An Group conducts the majority of its operations domestically in Mainland China, with overseas presence in Canada, Japan, and the United Kingdom; China New City Group Limited holds a 66.02% stake in the company. In the six months ended June 30, 2025, the company reported revenue of RMB6.56 billion, primarily from property sales of RMB6.16 billion, hotel operations contributing RMB99.2 million, and property management services at RMB235.2 million, amid a challenging market with contracted sales of RMB1.97 billion across projects like Zecui Ju, Zhangyuan Mansion, and Yunxing Imperial Palace. Recent developments include a RMB153.4 million gain from remeasurement of its investment in associate Zhejiang Xinnongdu Holdings Group Limited following settlement of a 2018 equity transfer dispute in May 2024, which elevated its stake to 42.50% and established significant influence; the company also maintains a land bank of 6.95 million sq.m. sufficient for over five years of development, with total assets of RMB31.01 billion and a net gearing ratio of 45.0% as of June 30, 2025.