Wonderful Sky Financial Group Assists Zhenro Properties Group Limited (Stock Code: 6158.HK) with the Successful Listing on HKEx
Chairman of Zhenro Properties Group Limited, Mr Huang Xianzhi said: “Zhenro Properties intend to enhance leading position in existing markets and strategically expand into other selected markets, to focus on high quality and balanced future growth, to utilize diversified investment strategy and identify new growth opportunities, to further enhance the customer-oriented product offerings, brand equity and customer loyalty, and to remain dedicated to prudent financial policies and optimize the Company’s capital structure. The goal of the Company is to become one of the largest real estate developers in the PRC.”
Zhenro Properties is a large comprehensive property developer in the PRC focusing on the development of residential properties and the development, operation and management of commercial and mixed-use properties. The Company has inherited from Zhenro Group extensive experience and sophisticated property development capabilities. The Company strives to develop high-quality residential properties primarily for midto high-end customers with home upgrade demand. The Company is also engaged in the development of commercial and mixed-use properties to maintain a balanced development portfolio. In addition, the Company currently holds as investment properties the commercial spaces of shopping malls at the mixed-use properties the Company developed. According to the China Index Academy Report, Zhenro Group was one of the largest unlisted PRC real estate developers and ranked second among all unlisted privately-owned PRC real estate developers in 2016 in terms of contracted
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