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Xinhu Zhongbao Co., Ltd. is the
largest A-share listed company in Zhejiang province.
The Company primarily operations are real estate,
finance, and other investments. Xinhu Zhongbao
currently has over 30 real estate projects under
development in over 20 cities with a total developing
area of 11 million square meters. Its scale
and strength is in the forefront of the industry.
Xinhu Zhongbao real estate believes in "the
value of real estate".
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It grasps the overall macro
and industry trends, captures opportunities rationally,
positions its products appropriately and consistently
improves its product quality,which collectively contribute
to the brand reputation of "Xinhu Zhongbao real estate".
The company has won a series of honourable titles including
"China's most competitive real estate enterprise",
"China's most influential real estate enterprise
in the past two decades" among others. The company
is also actively involved in the field of finance through
a series of equity investments in finance stocks. It is
currently a major shareholder of a number of financial
institutions,including Shengjing Bank, Chengdu Rural Commercial
Bank, Jilin Bank, Xiangcai Securities and Xinghu futures;
these stakes represent immense potential and value.
To realize its strategy objective of maximizing market
value, Xinhu Zhongbao has experience rapid and solid growth,
resulting in its becoming a constituent stock in the "Shanghai
and Shenzhen 300 Index" and "SSE 180 Index".
In 2008 and 2009, it was certificated as one of "Taurus
hundred" among all China stocks.
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Business
Growth
In 1999 June, the company SINO-DIAMEND GEMS & JEWELLERY
CO.LTD, (Stock code: 600208) was listed on the Shanghai
Stock Exchange.
In November 2006, the company issued1.2 billion shares
to Zhejiang Xinhu Group Co., Ltd and acquired 14 real
estate subsidiaries. Through this major asset restructuring,
Xinhu Zhongbao Co., Ltd achieved an overall listing.
In 2007, Xinhu Zhongbao Co., Ltd. issued 99.62 million
common shares and raised RMB 1.6 billion.
In July 2008, Xinhu Zhongbao Co., Ltd.issued RMB1.4 billion
of "08 Sinhoo bond"(Stock code: 122009).
In July 2009, Xinhu Zhongbao Co., Ltd. merged with Xinhu
Venture Co.,Ltd.(Stock code:600840) through merger by
absorption. |
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