2019-2-21
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Introduction


Yuexiu Group was founded in Hong Kong in 1985. After “adjustment and optimization” and “transformation and upgrading” in recent years, the Group has established the “3+X” industrial system with finance, real estate and transportation infrastructure as the three core sectors, and has wholly transformed the group into a modern service conglomerate. It has control over four Hong Kong-listed companies (funds), Chong Hing Bank (01111.HK), Yuexiu Property (00123.HK), Yuexiu Transport Infrastructure Limited (01052.HK) , Yuexiu Real Estate Investment Trust (00405.HK),and A-share listed company, Yuexiu Financial Holdings Group (000987.SZ).

Yuexiu Group was founded in Hong Kong in 1985. After “adjustment and optimization” and “transformation and upgrading” in recent years, the Group has established the “3+X” industrial system with finance, real estate and transportation infrastructure as the three core sectors, and has wholly transformed the group into a modern service conglomerate. It has control over four Hong Kong-listed companies (funds), Chong Hing Bank (01111.HK), Yuexiu Property (00123.HK), Yuexiu Transport Infrastructure Limited (01052.HK) , Yuexiu Real Estate Investment Trust (00405.HK),and A-share listed company, Yuexiu Financial Holdings Group (000987.SZ).The Group has been vigorously engaged in financial business since 2012. At present, the financial sector has both domestic and overseas financial holding companies and listed companies, and has built a financial conglomerate with banking and securities as the core, financial leasing and industrial funds as important strong points. It has formed a coverage of business outlets in most major cities in nearly 30 provinces, Hong Kong, Macao and in the United States. By the end of 2017, the total assets exceeded RMB 220 billion.

The real estate sector features both residential and commercial properties and it has two Hong Kong-listed companies, Yuexiu Property (00123.HK) and Yuexiu Real Estate Investment Trust (00405.HK), which constitutes a unique interactive model. Yuexiu Property has expanded its business to 14 cities across the country with a land reserve of 20.99 million m2 and contracted sales exceeding 28.9 billion yuan in the first half of 2018, an increase over the average rate of benchmarking enterprises in the same field. It has successfully developed one of the world's top ten tall buildings, Guangzhou International Financial Center, which wins the RIBA Lubetkin Prize, a counterpart to the Oscar in the architectural world. It was the world's first REITs to invest in properties in mainland China. Its assets exceed RMB 35 billion, ranking among the top 10 Chinese commercial real estate funds and the Asian first-tier housing funds.

Yuexiu Transport Infrastructure Limited (01052.HK) mainly invests in and operates toll highways and bridges. It has 7 holding projects and 5 shareholding projects, achieving a nationwide layout. The current asset size exceeds 24 billion yuan. The total length of the toll highway is 636 kilometers and the attributable toll length is about 400 kilometers.

In 2017, the Group's operating income was stable above 40 billion yuan, and the gross profit was stable above 10 billion yuan. The year of 2018 is important for the Group to start high-quality development from top to bottom. Yuexiu Group has reinforced its business drive and achieved “quality growth” with the theme of “business-driven quality improvement and resource integration for a new beginning”. It has strengthened resource integration and achieved “a patterned development”. It has also promoted organizational capabilities and achieved “valued governance”, which in turn boost the Group's development to a new level.