Shenzhen Zhenye (Group) Co., Ltd.
深振业A
000006
Shenzhen Stock Exchange
Company Profile
1.As one of the first listed enterprises on Shenzhen Stock Exchange, the company builds perfect corporate governance structure with standard management and high standard levels, having been the top most rating for nine years by its information disclosing work on Shenzhen Stock Exchange. 2.The stockholders in the company have great background, making the company have advantages in both reform of state-owned enterprises and resource integration as a significant listing platform for state-owned enterprise system of Shenzhen. 3.The company has rich experience of real estate development, experiences the growth of Chinese property market, good at grasping the rules of industry development and the situations of policy changes, builds a professional group with high quality and great ability of sustainable development. 4.The company is well-behaved in business performance . the revenue per head and the profit per head have both been top in the industry. 5.The company pays great attention to shareholder returns, formulating a plan of shareholder returns every three years. It implements the sustainable and stable principle of profit distribution centering on cash bonus. In recent years, the profit distributed in cash has been more than 30% of that to be distributed totally.
Full description
Shenzhen Zhenye (Group) Co., Ltd was established in May, 1989 and its main business is real estate development and management. It owns credentials of the senior grade in real estate development issued by the Ministry of Housing and Urban-Rural Development. The company sets up subsidiaries in Shenzhen, Guangzhou, Nanjing,Tianjin, Xian, Changsha, Nanning, Huizhou, Dongwan, Shenzhen-Shantou Operation Zone and other areas respectively to conduct business of real estate development. The business covers ordinary residence, commercial properties, apartments, etc. The total development area is up to ten millions of square meters. The company determines a development strategy to take real estate development as its main body with the housing rental and the industrial chain of real estate as the left and right. It is positioned on real estate industry resource organizers and users, building a model of business outsourcing and providing its customers satisfactory products and creates value for the shareholders by prospective investment decision making system , scientific cost control system, perfect product quality control system and marking system. Facing the new trends of industry development, the company adheres the path of innovative development by professional real estate development ability. The company plays its unique advantages as a state-owned enterprise, strengthens its resource integration with other state-owned enterprises in Shenzhen and develops the project of car depot in Henggang by cooperating with Shenzhen Metro Group Co.,Ltd, integrating the advantages of each other; at present, it is preparing the event of major assets restructuring, plans to purchase industry parks and other assets, further playing its advantage of industry integration. It creates a new start of profit, positively develops new business models and explores new models of real estate development such as shantytowns transformation and distinctive town construction, struggling to fulfill the access diversification of projects. It closely adheres the development strategy proposed by the government, connects with the government’s developed business, and participates in new urban district construction in Shenzhen-shantou Cooperation Zone. The project of Our Era Garden establishes the first-mover advantages in the new district as the one first moving into Shenzhen state-owned projects of the operation. Recently, the company prepares to build a management company of house leasing and operating according to the changes in the national rental housing policies aiming at establishing a comprehensive platform combing housing, business assets and property operating and related real estate financial business into one and satisfying customers’ diverse living needs in housing.