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A warm welcome to Dr. Xu and his delegation from Zhongrong Group as they visit and inspect our company!

A warm welcome to Dr. Xu and his delegation from Zhongrong Group as they visit and inspect our company!

On the afternoon of June 1, Dr. Xu, Chairman of Hainan Zhongrong Company, along with senior company executives, visited and inspected our organization. They were warmly welcomed by Chairman Bai, General Manager Bai, and other top-level executives in the seventh-floor conference room at our headquarters. The meeting was chaired by Vice President of Marketing, Mr. Zhao. First, Chairman Bai extended a warm welcome on behalf of the company to Zhongrong Group for their visit. Following this, Mr. Zhao presented an overview of the company’s growth trajectory, using both a corporate promotional video and a detailed PPT presentation to vividly outline Chenxing’s remarkable journey of continuous development and expansion over the past 20 years. Throughout this remarkable journey, Chenxing has seamlessly integrated its core values and business philosophy into the daily lives of its employees, fostering a highly cohesive team that remains steadfast in its commitment to success.

2017-08-02

We are now launching a nationwide public tender for the leasing and sales agency of commercial spaces in the Longcheng • Youshan Meijun project community.

We are now launching a nationwide public tender for the leasing and sales agency of commercial spaces in the Longcheng • Youshan Meijun project community.

2017-05-27

Chenxing • Youshan Meijun Project: Commercial Sales and Investment Promotion Agency Tender Announcement

Chenxing • Youshan Meijun Project: Commercial Sales and Investment Promotion Agency Tender Announcement

Chenxing Real Estate Development Co., Ltd. was established in 1997 with a registered capital of 203.8 million yuan and total assets nearing 5 billion yuan. It is currently one of the largest locally-based real estate development enterprises in Shanxi Province, holding national-level Grade-1 real estate development qualifications. On July 3, 2015, Chenxing Development successfully listed on the Hong Kong Stock Exchange, becoming Shanxi's first property company to be listed on the Hong Kong market. To date, after 19 years of remarkable growth, Chenxing has established five wholly-owned subsidiaries across China. From 2011 to 2015, Chenxing was consistently ranked among the Top 500 Chinese Real Estate Developers.

2017-05-27

Now is the perfect time to ride the waves—Chenxing Development officially listed on the Hong Kong Stock Exchange on July 3.

Now is the perfect time to ride the waves—Chenxing Development officially listed on the Hong Kong Stock Exchange on July 3.

On July 3, 2015, the management team of Chenxing Development collectively traveled to Hong Kong, where, witnessed by numerous domestic and international media outlets, they officially rang the gong to mark the company’s successful listing on the stock exchange. Chenxing’s chairman delivered a heartfelt speech on stage, sparking an atmosphere of jubilation as the audience erupted into cheers and applause, enthusiastically congratulating the company on its milestone achievement. Waves of well wishes and thunderous clapping filled the venue, as if celebrating this long-awaited recognition.

2017-05-27

The Ministry of Natural Resources and Land Development Introduces New "Land-Based Poverty Alleviation" Policy

The Ministry of Natural Resources and Land Development Introduces New "Land-Based Poverty Alleviation" Policy

To further strengthen the policy support for poverty alleviation through the "increase-decrease linkage" mechanism, key provincial-level counties focused on poverty alleviation and development will now be allowed to transfer and utilize surplus indicators within their respective provinces. Recently, the Ministry of Natural Resources issued the "Notice on Further Leveraging the Increase-Decrease Linkage Policy to Support Poverty Alleviation," clarifying that these key provincial-level counties can now circulate and apply their surplus indicators across provincial boundaries. The scope of using these surplus indicators has expanded from previously limited concentrated contiguous areas of extreme poverty and nationally designated impoverished counties to include provincially identified poverty-stricken counties. This move is expected to unlock greater policy benefits, enabling poverty eradication efforts to advance even more effectively and comprehensively. The notice also emphasized that provincial-level poverty-fighting initiatives will receive enhanced support through this expanded framework.

2017-05-03

The company was honored as one of China's Top 500 Real Estate Enterprises in 2017.

The company was honored as one of China's Top 500 Real Estate Enterprises in 2017.

On March 22, 2017, the highly anticipated "China's Top 500 Real Estate Developers 2017" and the "Top Brand Service Products Preferred by the Top 500 Real Estate Companies" rankings—among other key lists—were officially unveiled at a grand press conference held in Beijing. Notably, the annual assessment of China's Top 500 Real Estate Developers, jointly conducted by the China Real Estate Association and the China Real Estate Assessment Center under the E-House Research Institute in Shanghai, has now entered its ninth year. The results of this comprehensive evaluation have become a critical benchmark for assessing the overall strength and industry standing of real estate development firms. The event drew significant attention from industry leaders, experts, and media alike.

2017-03-24

A New Normal, a New Leap: Chenxing Development Company Successfully Holds Its Annual Meeting

A New Normal, a New Leap: Chenxing Development Company Successfully Holds Its Annual Meeting

As the rooster heralds the dawn and bids farewell to the old year while welcoming the new, the 2016 Annual Work Summary Meeting and the 2017 Work Plan Conference of Chenxing Real Estate Development Co., Ltd. concluded successfully on the afternoon of January 18, 2017. In 2016, despite facing nationwide economic downturn pressures, the company, under the wise leadership and strategic decisions of its management team, achieved remarkable results: total sales reached 310,800 square meters, generating revenue of 1.691 billion yuan, thus smoothly fulfilling its annual targets. Notably, the company ranked 283rd among China's Top 500 Real Estate Enterprises—a position it has maintained for six consecutive years—and continues to serve as a vital pillar within the local real estate sector. At the conference, Chairman Bai Xuanqui took his seat at the presiding table alongside the company's senior management team.

2017-02-08

Insights into Next Year's Real Estate Market Trends from the Central Economic Work Conference

Insights into Next Year's Real Estate Market Trends from the Central Economic Work Conference

The Central Economic Work Conference set the overarching tone for the property market next year as "steady and healthy development," emphasizing the principle that "homes are for living in, not for speculation." It also outlined plans for building a long-term, robust framework to manage the real estate market. This sends a clear signal: housing must return to its primary purpose of providing shelter. After all, housing is one of humanity’s most fundamental needs, and its intrinsic role is rooted in serving as a place to live. Restoring housing to its original function is essential for the sustainable growth of the real estate sector. In 2016, housing prices in some popular first- and second-tier cities surged rapidly, prompting experts to pinpoint investment-driven speculation as a major underlying factor. When homes increasingly became tools for investment and speculative gains, they lost their true purpose—and that’s precisely what jeopardizes the health and stability of the broader housing market.

2016-12-24

Our company is delighted to have been awarded the "Public Service Honor Award" by the Hong Kong Community Chest.

Our company is delighted to have been awarded the "Public Service Honor Award" by the Hong Kong Community Chest.

On June 27, the Hong Kong Community Chest Awards Ceremony for the 2015–2016 period was held. During the ceremony, guest speakers presented a total of 254 awards to various business organizations, community groups, government departments, and philanthropists, including prestigious accolades such as the "Community Service Honor Award," the "Community Service Excellence Award," and the "Community Service Outstanding Achievement Award." Notably, Chen Xing Development Holdings Limited was awarded the "Community Service Honor Award." It is worth noting that the Hong Kong Community Chest was officially established in November 1968 following formal approval by the Hong Kong Legislative Council, making it the first charity of its kind in Asia at the time.

2016-09-26

Real estate market recovers, economy shows signs of warming up; Fed rate hike expected to gain momentum in September.

Real estate market recovers, economy shows signs of warming up; Fed rate hike expected to gain momentum in September.

The latest data released by the U.S. Department of Commerce shows that new home sales in July reached their highest level since October 2007. The housing market’s continued strong recovery is boosting the U.S. economy, leading institutions to anticipate a pickup in economic growth during the second half of the year. Moreover, if economic indicators remain robust enough, the possibility of the Federal Reserve raising interest rates again in September cannot be ruled out. Economic Growth Shows Signs of Improvement Recently, several key U.S. economic reports have come in better than expected—particularly the housing market, which has emerged as a standout performer. In July, U.S. new home sales surged by 12.4% compared to the previous month, reaching an annualized rate of 654,000 units, the highest level since the financial crisis. Year-over-year, sales even jumped by an impressive 31.3%.

2016-08-29

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