News

Back
30 Dec 2019

Wonderful Sky Financial Group Assists Powerlong Commercial Management Holdings Limited (Stock Code: 9909.HK) with the Successful Listing on HKEx

Powerlong Commercial Management Holdings Limited (Stock Code:9909) was successfully listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) today.

 

Powerlong Commercial has grown to be a leader in managing and operating retail commercial properties since their establishment in 1993. They are one of the few commercial operational service providers in China possessing the expertise and capability of managing a diversified portfolio of retail commercial properties in terms of target consumer, property location and size and property type. Powerlong Commercial provides commercial operational services under four brands, namely “Powerlong One Mall” (寶龍一城), “Powerlong City” (寶龍城), “Powerlong Plaza” (寶龍廣場) and “Powerlong Land” (寶龍天地). As of June 30, 2019, they had 45 retail commercial properties under management with an aggregate GFA under management of approximately 6.4 million sq.m., and were contracted to provide commercial operational services for a total of 59 retail commercial properties with an aggregate contracted GFA of approximately 7.5 million sq.m. Powerlong Commercial also provides residential property management services for residential properties, office buildings and serviced apartments. As of June 30, 2019, they had 44 properties under management under their residential property management service segment with an aggregate GFA under management of approximately 10.6 million sq.m., and were contracted to manage 69 properties with an aggregate contracted GFA of approximately 17.1 million sq.m.

 

To enhance the experience of consumers, tenants and property owners, Powerlong Commercial has built an integrated online ecosystem based on their PM system, connecting consumers, tenants and property owners through “Powerlong Didika” (寶龍滴滴卡) mobile application, “Powerlong Yoyo” (寶龍悠悠), “Mall Plus @ Powerlong” (寶龍商+) WeChat mini apps and their AMP system, respectively. They were recognized as “China’s Real Estate Market Leader for Digitalization” (中國地產數字化領軍企業獎) in 2019 by China Smart Real Estate Influence Ranking (中國智慧房產影響力排行榜). The integrated online ecosystem has enabled Powerlong Commercial to increase their productivity through enhanced interaction and connectivity with customers and drive the business change and growth through innovation.

 

As the only major integrated financial communications company in the world that is listed on the HKEx, Wonderful Sky will continue to provide a "one-stop” and ten-in-one prime financial public relations services, including financial public relations, investor relations, international roadshows, financial printing , corporate branding, ESG report, asset management, corporate doctor, Compulsory and Commercial Insurance and headhunting program. “Your Success is Our Inspiration” is the motto of Company's Group, by which we strive to become the select partner of listed companies for the long term by offering customized and professional services to Company's clients.