Shanghai Industrial City Development Group Co., Ltd. Shanghai Industrial City Development Group Co., Ltd. (hereinafter referred to as “Shangshi Chengkai”) (stock code: 0563.HK) is controlled by Shanghai Industrial Group's flagship enterprise, Shanghai Industrial Holdings Co., Ltd. (hereinafter referred to as “Shangshi Holdings”) (stock code: 0363.HK) and listed on the main board of the Hong Kong Stock Exchange. It is one of the most promising real estate business integration platforms under the Shanghai Industrial Group. Shangshi Chengkai, formerly known as Sino-Singapore Real Estate, acquired 45.02% of its shares in June 2010 and completed the company's name change and integration. As a value-leading urban core area operator in China, Shangshi Chengkai's mission is to meet the high-quality residential and commercial development needs of mainstream urban people, promote urban lifestyle innovation, and promote comprehensive urban development. Currently, the company's development projects are widely distributed in first-tier, second-tier and third-tier cities such as Shanghai, Beijing, Tianjin, Chongqing, Xi'an, and Changsha, covering a variety of business formats, including high-end residential communities, high-end office buildings, shopping centers, star hotels, and proprietary apartments. At the same time, it built a strategic pattern from a global perspective, and successfully acquired 59% of the shares of Shanghai Chengkai (Group) Co., Ltd. (hereinafter referred to as “Shanghai Chengkai”) in 2011 through industrial management and capital operation and speeding up enterprise development. Shangshi Chengkai has formulated a three-year development plan. In the future, Shanghai will be centered on the regional layout, forming an “arched” layout with “one heart, two lines, and three circles” of the second- and third-tier cities along the coast, along the river, the Yangtze River Delta, the Bohai Rim, and the Midwest. With efficient project operation and a first-class management model, Shangshi Chengkai will surely rank among the top red chip real estate stocks and become the most influential and valuable urban real estate operator in China.
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