Yuexiu Development

Yuexiu Development, a wholly-owned subsidiary of Yuexiu Enterprises (Holdings) Limited, was established in Hong Kong in 1987. Previously, the company was engaged in businesses such as trading and investment; currently, it is primarily engaged in the management of office buildings, hotels and public facilities such as parking lots, cold storages and tunnels in Hong Kong. It mainly conducts its businesses in Guangzhou, Hong Kong and Macau. Greater Lucky (H.K.) company under Yuexiu Development, was the first Chinese enterprise to enter the field of public infrastructure management in the Hong Kong SAR. It is now responsible for the management of four tunnel projects in Hong Kong including: Shing Mun Tunnel, Tseung Kwan O Tunnel, Kai Tak Tunnel and Lion Rock Tunnel.

In 2011, the Group set up an asset management platform with Yuexiu Development as its main body. Yuexiu Development was entrusted by the Group with the operation, management and revival of the assets of non-core businesses.