Summary: Shenzhen Heungkong Holding Co. Ltd is principally engaged in real estate development, property management, and hotel management. Major projects of the company have included Liaocheng Xiangjiang Guangcai Market, Jingdezhen Xiangjiang, Nanchang Xiangjiang, Zhengdong Zhiye and Luoyang Bainian Zhiye. An expansion into the tourism industry is also on the company's agenda for business development. Currently the company owns seven holding subsidiaries and participates in shareholding of two companies.
According to preliminary data released by the company's finance department, net profit in 1H 2008 is projected to have increased by 50-100% when compared to net profit of RMB 850,743,337 during the
