Crown International Corporation Limited (0727.HK) is an investment holding company principally engaged in property investment and development in the People's Republic of China. The company operates through five main segments: Property Investment, involving commercial buildings, hotels, and residential and commercial complexes; Property Development, focused on developing and selling properties; Hotel Operations, encompassing hotel rentals, investments, and food and beverage services; Trading and Developing of Premium White Spirit, including the trade, development, and sale of premium baijiu products; and Comprehensive Healthcare Planning and Management Services, providing healthcare planning, management, financial consultancy, and setup services for healthcare businesses, alongside sales of healthcare products. It primarily serves customers in China, with additional operations in hotel and beverage sectors targeting domestic markets. Incorporated in 1993 and headquartered in Wan Chai, Hong Kong, the company, formerly known as VXL Capital Limited, changed its name in August 2014. In December 2024, a wholly-owned subsidiary entered a memorandum of understanding for the potential acquisition of 100% equity interest in Sichuan Tianfu Jinpenji Wine Industry Group Co., Ltd., a PRC-based baijiu producer, marking a strategic expansion in the premium white spirit segment.