The company's predecessor was the Chongqing Urban Housing Administration Office established on December 2, 1978. It was listed on the Shenzhen Stock Exchange on July 12, 1993. It was the first real estate development company in Chongqing, one of the first three listed companies in Chongqing, the first listed real estate development company in Chongqing, and is currently the only state-owned listed real estate development enterprise in Chongqing. The company is mainly engaged in real estate development and sales business. The company's main products are residential and community commerce. The company has been rated as a “National AAA Credit Enterprise” by the China Housing Association for 10 consecutive years, and has won “Chongqing Civilized Unit”, “Three Gorges Cup High Quality Structural Engineering Award”, “Chongqing Excellent Property Enterprise”, the company's credit rating maintainer AA for 11 consecutive years, debt AAA, and “Best Delivery Quality Award” and “Municipal Safe and Civilized Demonstration Site”.