YUEXIU GROUP

Yuexiu Group was established in Hong Kong in 1985. After more than 30 years of reform and development, the Group has formed a “4+X” modern industrial system with financial, real estate, transportation infrastructure, urban agriculture as its core industry, traditional industries such as papermaking and development, and strategic emerging industries that may enter in the future. As of the end of June 2019, the Group's total assets exceeded RMB 630 billion. In the first half of 2019, the Grou... p achieved operating income of RMB 33.2 billion and total profit of RMB 8.9 billion. It is estimated that the total annual profit and tax will be approximately RMB 23 billion. Among them, the total assets of the main business accounted for about 96%, the revenue accounted for about 95%, and the profit contribution accounted for about 98%. Yuexiu Group controls five listed companies including Yuexiu Jinkong, Chong Hing Bank, Yuexiu Real Estate, Yuexiu Transportation Infrastructure and Yuexiu Housing Fund. The Group's overall asset securitization rate is approximately 95%.More