Our Business

We own, lease and manage properties located in Chengdu, Sichuan province, and also own and lease a property located in Kunming, Yunnan province. As of December 31, 2020, our property portfolio comprised three commercial properties, namely Everbright Financial Center, part of Everbright International Mansion and Ming Chang Building, with a total GFA of approximately 89,506.5 sq.m., the fair value was estimated to be over RMB930 million. And residential properties, namely part of Dufu Garden, with a total GFA of approximately 1,319 sq.m. were sold during the year.

Everbright Financial Center is located in the traditional central business district of Chengdu with a total GFA of approximately 34,334.5 sq.m.. The average occupancy rate remains 60% by the end of 2020.

Everbright International Mansion is located right next to our Everbright Financial Center. We own floor 1 to 4 and basement level 2 and 3, with a total GFA of approximately 38,198.6 sq.m..The average occupancy rate remains 75.0% by the end of 2020.

Ming Chang Building is located in Wuhua District, Kunming, Yunnan province. We own the whole of the 4-story commercial podium of Ming Chang Building, with a total GFA of approximately 16,973.4 sq.m..  The average occupancy rate remains 88% by the end of 2020.

Dufu Garden is located right outside the West 2nd Ring of Chengdu. As of the Latest Practicable Date, we rented a villas  to our tenants, were sold during the year.