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12 Jul 2018

Wonderful Sky Financial Group Assists Redsun Properties Group Limited (Stock Code: 1996.HK) with the Successful Listing on HKEx

Redsun Properties Group Limited (the “Company”; stock code: 1996.HKis a leading comprehensive property developer in Jiangsu Province, China, focusing on the development of residential properties and the development, operation and management of commercial and comprehensive properties. The Company has established a steady regional leading position in Jiangsu Province by taking root in Nanjing, Jiangsu and Yangtze River Delta. Since the incorporation of Nanjing Redsun in 1999, the Company has worked in the sector of property development and sales for nearly 20 years, established the Hong Yang brand and received widespread recognition for its development capacity and industry position.

 

In 2017, Redsun Properties Group Limited was rated Top 100 China Real Estate Developers, Top 10 Development Potential of China Real Estate Developers, Top 10 Brand Value in Eastern China and Top Three Powerful Jiangsu Real Estate Developers by the China Real Estate Association, E-house China R&D Institute, China Real Estate Appraisal and Jiangsu Real Estate Association. The Offer Shares initially offered under the International Offering have been moderately over-subscribed. The net proceeds from the Global Offering to be received by the Company are estimated to be approximately HK$1712.4 million,which will be used as the construction costs for the development of the Company’s property projects or project phases, will be used for repayment of certain existing interest- bearing bank and other borrowings and will be used for general working capital purposes.

 

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.