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02892 MILLION CITIES

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  • 0.255
  • 0.0000.00%
Trading Dec 23 09:01 CST
191.25MMarket Cap-0.32P/E (TTM)

About MILLION CITIES Company

Wancheng Holdings is a property developer that mainly develops residential properties along with supporting facilities such as shops, clubs and kindergartens. It focuses on the development of Huizhou in Guangdong Province and other regions of China where we believe have potential for development (such as Tianjin and Zhumadian in Henan Province). With years of experience and achievements in property development and property management, we also selectively acquire properties that have been developed by other companies and have potential return on investment, and rent or refurbish related properties for sale. Wancheng Holdings was founded by Mr. Wang Tingcong in 2003. With its forward-looking business strategy, the company quickly developed into one of the largest real estate developers in Huizhou. The project covers all core regions of Huizhou. After establishing a solid foundation in the Huizhou region, the company began to gradually expand into other mainland markets, entering Tianjin in 2010, and extending its business to Henan in 2017. We mainly develop moderately luxurious high-end residential property projects for middle and high-end groups. As of September 30, 2018, we have 17 development projects in the Guangdong-Hong Kong-Macao Greater Bay Area, Tianjin and Henan, etc., with land use rights covering a total area of about 896,844.45 square meters and land reserves with a total construction area of about 2,103,333.25 square meters. Lay a good foundation for the company's future growth. The company has won many industry honors for its outstanding architectural design, service and sustainable facilities. With further expansion over the next few years, with excellent and professional leadership, sound financial situation, and high standards of corporate governance, Million City Holdings will gradually develop into an extremely large and outstanding real estate enterprise.

Company Profile

Symbol02892
Company NameMILLION CITIES
ISINKYG6130M1042
Listing DateDec 20, 2018
Issue Price1.20
Shares Offered187.50M share(s)
FoundedNov 15, 2016
Registered AddressCayman Islands
Chairmantingcong wang
Secretaryhuada li
Audit InstitutionKPMG
Company CategoryOther
Registered OfficeConyers Trust Company (Cayman) Limited Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands
Head Office and Principal Place of BusinessFlat D, 21st floor, Tower 1, Taiping Industrial Centre, 57 Ting Kok Road, Tai Po, New Territories, Hong Kong
Fiscal Year Ends12-31
Employees45
MarketHong Kong motherboard
Phone(852)26891999
Fax(852)26891882
Emailir@millioncities.com.hk
Business Wancheng Holdings Co., Ltd. is an investment holding company mainly engaged in the development of residential properties. Its residential properties include high-rise residences, mid-rise residences, multi-storey residences, and villas. Development projects include the famous Million City Junhui Garden, Sunshine Xinyuan, Crown Palace, Nine Dragons, and Wancheng Tonghu Center. In addition, the company is also engaged in leasing properties such as office buildings, parking lots and kindergartens.

Company Executives

  • Name
  • Position
  • Salary
  • tingcong wang
  • Chairman of the Board, Executive Director, Executive Committee Members, Remuneration Committee Members, Nomination Committee Members
  • 4.25M
  • jiaqiang lou
  • CEO, Executive Director, Chairman of the Executive Committee, Nomination Committee Members, Remuneration Committee Members, Authorized Representative
  • 4.25M
  • huada li
  • Executive Director, Group Chief Financial Officer, Executive Committee Members, Authorized Representative, Company Secretary
  • 1.64M
  • huiling wang
  • Non-executive Directors
  • --
  • shukun ye
  • Independent Non-Executive Director, Chairman of the Nomination Committee, Audit Committee Members, Remuneration Committee Members
  • 270.00K
  • yinquan li
  • Independent Non-Executive Director, Chairman of the Audit Committee, Remuneration Committee Members, Nomination Committee Members
  • 270.00K
  • xiaofeng chen
  • Independent Non-Executive Director, Remuneration Committee Chairman, Nomination Committee Members, Audit Committee Members
  • 270.00K
  • gaofu xing
  • Director of Operations
  • --
  • bingqian lu
  • General Manager of Tianjin Infrastructure Development Project
  • --
  • yezhen yin
  • Group Director of Cost Management
  • --
  • jianxu quan
  • Director of Human Resources, Director of Administration
  • --
  • chunni hong
  • Director of Finance
  • --
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