The company was founded in 1984 and listed on the main board of the Shenzhen Stock Exchange in 1994. Its controlling shareholder, Zhongzhou Group, is a comprehensive group enterprise with cross-regional, cross-industry, and diversified development. The company's business covers real estate development, hotel management, property services, commercial management and other fields. The company won the China Top 100 Real Estate Companies in 2018; won the “Blue Chip Real Estate Enterprise” award at the China Blue Chip Real Estate Annual Conference for 2 consecutive years in 2019-2020; continued to be rated as one of the 27 civilized units in Shenzhen in the 2021 review; won the honorary title of “Futian Charity Corporate Social Responsibility Model Award” in 2021; won the title of “Huanxinli City Operator” in 2023; was awarded the “Caring Contribution” Enterprise Award for many years in a row at charity events organized by Shenzhen Blood Center and the Shenzhen Lions Club.