Hangang Holding Group Co., Ltd. Company background Hangang Holding Group Co., Ltd. (“Group”), formerly known as Hangang Real Estate Group, is a senior real estate development company headquartered in Hong Kong, China. The Group is a real estate developer focusing on developing residential and commercial properties in China's second- and third-tier cities. Its landmark real estate development project, “Nanchang Honggu Triumph”, has received many awards. The parent company of the Group, Pan-Hong Kong Holding Group Limited (SGX: P36) (“Pan-Hong Kong Group”) has over 15 years of experience in developing real estate in the country and was listed on the Singapore Stock Exchange in 2006, with a special focus on developing real estate projects in the unique market of central China. The Pan-Hong Kong Group spun off the Group and listed it in Hong Kong in 2011 to further expand its real estate business development in Jiangxi Province. Although the Group is currently mainly engaged in the real estate development business, it is always exploring and seeking new opportunities to expand revenue and increase profitability. In an effort to diversify the Group's business and better reflect or match the nature of the Company's business and main business (that is, investment holdings) and the future business of the Group, which may be gradually diversified, the name of the Group was changed from Hangang Real Estate Group Co., Ltd. to Hangang Holding Group Co., Ltd. with effect from August 24, 2015. The company's advantages Focus on developing China's real estate projects in Jiangxi Province Han Hong Kong is famous for developing China's real estate projects in Jiangxi Province, and its properties have won many awards. Seize potential business opportunities in central China Hangang is currently focusing on developing China's real estate market in Jiangxi Province. The Group has land reserves in Jiangxi Province, China, and is therefore able to benefit from increasing employment opportunities, improving quality and standards of living, and growing demand in the residential property market in these cities. Furthermore, China's national railway system and transportation network are becoming more and more perfect, and the cost of living in China's Jiangxi province is also comparable to other developed cities and provinces, so Jiangxi Province can attract people who pay more attention to quality of life, benefiting the local residential property market. Experienced management team We have an experienced management team. Among them, the chairman and vice chairman of Hangang have over 15 years of real estate development experience in mainland China. They can lead the group to further strengthen its position in the domestic real estate market and expand its business to new real estate development markets.
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