Shenzhen WorldUnion Group Incorporated Class A
SSZSE:0022852.47
CNY
+0.03
(+1.23%)
ISIN
CNE100000FK3
Return %
Stock
S&P 500
1Y
0.00
13.14
3Y
0.00
80.78
5Y
-39.31
67.74
Capital Structure
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•
in mil. unless spec.Working Capital
CNY
•
in mil. unless spec.Growth Rates
CNY
•
in mil. unless spec.Quarterly Revenue
CNY
•
in mil. unless spec.Quarterly Earnings Per Share
CNY
•
in mil. unless spec.Quarterly Dividends Per Share
CNY
•
in mil. unless spec.Company Description
- CEO
- Jiang Zhu
- Full Time Employees
- 5,563
- Sector
- Finance
- Industry
- Real estate development
- Address
- Golden Business Centre Shenzhen GD China 518001
- IPO Date
- Aug 28, 2009
- Website
- worldunion.com.cn
- Similar Companies
- Business
- Shenzhen Worldunion Group Incorporated is a China-based real estate services company founded in 1993 and headquartered in Shenzhen. The company primarily engages in real estate consulting, property sales agency and brokerage, and property management services. Its main offerings include new house transactions, e-commerce related to real estate, stock and overseas property transaction services, apartment and home decoration solutions targeting both institutional and individual customers, short-term financing services for property owners, community housekeeping, and matching asset service solutions. Furthermore, it provides house rental services, pension operation, sample community services, commercial asset business planning, investment attraction, sales and operation services for industrial and commercial properties including urban industrial parks, as well as advisory services for local government and institutional clients on policy, landing planning, and project development. The company also offers asset investment services across residential and commercial sectors that include value assessment, investment design, property transaction implementation, fund raising, financing product design, investment relations, and management of investment properties including tenant services and asset securitization. Recently, Shenzhen Worldunion Group underwent a significant change in controlling shareholder structure with the transfer of major shares from Zhuhai Dahengqin Group to Zhuhai Zhuguang Group Holding Co., with the controlling entity remaining the Zhuhai State-owned Assets Supervision and Administration Commission. The company has also announced an equity share buyback of approximately 40.75 million shares worth about CNY 301.59 million as part of strategic financial management measures. Operationally, it continues to expand its service scope by strengthening its integrated real estate services along the asset life cycle, emphasizing its strategy on transaction, operation, financial investment, and property management services. Despite challenges reflected in recent financial results showing losses, the company maintains a broad presence in over 200 cities across China and focuses on improving real estate trade efficiency and asset value enhancement. Shenzhen Worldunion Group is recognized for its long-term rental apartment services under its Hongpu Apartment brand, which has received multiple awards acknowledging its leadership in the sector. This comprehensive service portfolio and strategic shareholder transition reflect Shenzhen Worldunion Group’s effort to consolidate its position in the real estate services industry while adapting its financial and operational strategies within China’s evolving property market landscape. The company is listed on the Shenzhen Stock Exchange under ticker 002285.SZ and continues to leverage its extensive urban space service capabilities to meet diverse client needs including government, developers, investors, and end consumers.