- CEO
- Ming Chen
- Full Time Employees
- 210
- Sector
- Finance
- Industry
- Real estate development
- Address
- Shenfang Plaza Shenzhen GD China 518001
- IPO Date
- Sep 15, 1993
- Business
- Shenzhen Special Economic Zone Real Estate & Properties (Group) Co., Ltd. (000029.SZ) develops and sells residential properties; engages in property leasing and management; provides engineering and construction services; offers rental services for commercial and office buildings; conducts retail and trade of commodities; operates hotel business; and undertakes equipment installation, maintenance, interior decoration, and related activities primarily in Guangdong Province, China, with minor overseas operations. Incorporated in 1993 and headquartered in Shenzhen, China, the company is a subsidiary of Shenzhen Investment Holdings Co., Ltd., focusing on real estate development and operations within the diversified real estate sector. Recent developments include winning bids for land parcels such as the Linxinyuan Project in Huizhou and A511-0039 land in Shenzhen's Guangming District in 2021; completing the equity transfer agreement for Shenzhen Property Management; introducing high-end pharmaceutical and medical tenants like Shenzhen Luohu Hospital Group to create a health eco-economic complex centered on SPG Plaza; and listing the equity transfer of Yunnan Kunpeng Air Service Co., Ltd., alongside expectations of narrowed losses by up to 30% in 2024 amid ongoing stock optimization and urban renewal efforts through subsidiaries like Huangcheng Real Estate and Rongyao Real Estate.