- Business
- Sunrise Real Estate Group, Inc. (SRRE) provides real estate development, property brokerage, and management services primarily in the People's Republic of China. The company operates through segments including Property Brokerage Services, Real Estate Development, Investment Transaction, and Others; its core offerings encompass property brokerage and leasing, real estate development focused on villa-style residential housing such as the LYSY project in Linyi and projects in Huai'an, property management for office spaces and unsold units including GXL and HATX with leasing areas of 3,611 sqm and 8,268 sqm respectively, entity investment, fund management, financial services, real estate marketing, consulting, mergers and acquisitions management, full-scale advertising planning, architectural design, and interior decoration. As a U.S.-listed international investment holding company headquartered at No. 18, Panlong Road, Shanghai, China, and founded in 1996 (formerly Sunrise Real Estate Development Group, Inc. until May 2006), it serves customers through subsidiaries Shanghai Shang Yang Investment Management and Consulting Co., Ltd. and Shanghai Xin Ji Yang Real Estate Consulting Co., Ltd., with all business operations conducted in China targeting regions such as Linyi and Huai'an. Recent developments include ongoing sales in Phase 3 of the LYSY project, management of leasing for completed phases of Huai'an projects where 655 of 679 units in Phase 1 and 595 of 873 units in Phase 2 have been sold, and plans to leverage networks for new property investment opportunities and partnerships with developers to enhance design, planning, and marketing services, as highlighted in the latest SEC 10-K filing for the fiscal year ended December 31, 2024.