China New City Commercial Development Limited (01321 HK) was listed on the Hong Kong Stock Exchange on July 10, 2014. It is the second listed company under the Zhongan Group. After the listing, China New City Commercial Development saw improved governance structure and enhanced asset quality, entering a new stage of rapid development. The company's mission is to "create a new urban life" and its strategic philosophy revolves around "focusing on human needs". With a focus on new urbanization, the company actively transforms and engages in investment, development, operation, and incubation of various emerging industries. It is an important component of Zhongan's vision of " Enjoying a Better Life". China New City Commercial Development Limited currently operates in four core business segments: industrial real estate development, commercial operation, hotel management, and industrial investment. Additionally, it has diversified into other emerging industries such as industrial services, rural tourism, smart agriculture, film and education, and digital health.
updated 7th November, 2023
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