The Company is a holding investment company, and its established policy is to focus its management and financial resources on the core business of real estate investment and development and financial services. The Company mainly holds real estate investment and development business in Hong Kong through United Real Estate (Hong Kong) Limited (“United Properties”), which currently holds 74.99% of the shares, and the real estate investment and development business in the People's Republic of China through Cheonan China Investment Co., Ltd., a joint venture owned by United Real Estate. The Company also mainly operates financial services business through Sun Hung Kai Limited (“Sun Hung Kai”), where Sun Hung Kai owns 54.74% of the shares of United Properties, and Asia United Finance Limited, where Sun Hung Kai actually holds 58.18% of the shares. New Industrial Investment Co., Ltd., a subsidiary of the Company holding 74.97% of the Company's interests, invests in listed and unlisted securities.
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