The company was founded in 1982. The company was formerly known as Luohu Engineering and Construction Headquarters, changed its name to Shenzhen Property Development Corporation in August 1985, determined by Shenzhen as the second batch of state-owned enterprise shareholding system reform pilot units, completed the shareholding system reform in 1990, and officially changed its name to Shenzhen Property Development (Group) Co., Ltd. In March 1992, the company's stock was officially listed on the Shenzhen Stock Exchange. The company's main business includes industrial and urban space development, property management services, industrial ecological operation, catering business, engineering supervision business, etc. Corporate honors: “2023 Shenzhen Real Estate Development Industry Top 20 Comprehensive Strength Enterprise, Shenzhen Real Estate Development Industry Honest (High Quality) Enterprise, 2023 Shenzhen Top 500 Enterprise”, ranked 224th; the company's subsidiary Guomao Property continues to rank in the “2023 China Top 100 Property Service Enterprises with Comprehensive Strength”, “2023 China's Top 100 Property Service Enterprises with Brand Value” and “2023 China Industrial Park Property Service Leading Enterprise”, Shenzhen International Trade Center Building ranked in the first batch of Shenzhen Historic Buildings List published by the Shenzhen Municipal People's Government, Shenzhen International The Trade Center Historical Exhibition was selected on the list of important historic sites of reform and opening-up, and the 2023 Shenzhen Social Science Promotion Demonstration Base has many honors.