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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".

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.

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.