Chenxing and Jinglong Construction Sign Strategic Cooperation Agreement
Release date:
May 31,2019
On May 29, 2019, Chenxing Development (stock code 2286.HK) signed a strategic cooperation agreement with Guangdong Jinglong Construction Group Co., Ltd. (hereafter referred to as "Jinglong Construction") at Jinglong Construction's headquarters in Guangzhou.
2019 May 29 Day, Chenxing Development (stock code 2286.HK) ) A strategic cooperation agreement was signed at the headquarters of Guangdong Jinglong Construction Group Co., Ltd. (hereinafter referred to as "Jinglong Construction") in Guangzhou. Attending the grand signing ceremony were Chen Xiangen, Chairman of Jinglong Construction; Li Geng, President; and executives Ping Yan, Pan Huohong, and Ding Min, along with Bai Xuankui, Chairman of the Board of Directors of Chenxing Development; Bai Lihua, Director; Wang Binzhou, Vice President of the Group; Jiao Wuli, Executive Director of Chenxing Zhicheng Company; and Bai Zhe, General Manager of the Group's Strategic Investment Center.
Mutual benefit and mutual trust, win-win cooperation
As a long-term partner of Chenxing Development, Jinglong Construction has consistently fostered mutual trust and collaboration with the company over the years. This latest partnership sees both parties adopting a joint-venture model, pooling resources to establish a new decoration and renovation company. Chenxing Development will leverage its robust project resource advantages to provide critical support for real estate projects requiring decorative and renovation services, while Jinglong Construction will capitalize on its strong brand reputation and deep-rooted expertise—particularly in areas like high-end interior finishing and cost-control management—to deliver exceptional value. By strategically combining the complementary strengths of both companies and efficiently utilizing their respective industry chain resources, the joint venture aims to ensure streamlined operations and sustainable growth. Together, they will create premier commercial, residential, cultural-tourism, and healthcare-focused real estate projects, ultimately elevating project quality and driving superior business outcomes across the board.
Founded in 1995, Jinglong Construction specializes in interior design and interior decoration projects. In terms of design expertise, it ranks among the largest design firms in China, while its project execution volume places it among the top 100 companies in the industry. Jinglong’s services span a wide range of sectors, including high-end residential spaces, hotels, commercial buildings, historic structures, healthcare facilities, and bespoke private projects. The company holds China’s prestigious Grade-A Architectural Decoration Engineering Design Qualification, as well as a First-Class Professional Contracting License for Architectural Decoration and Renovation Projects and both Grade-A Interior Design and Construction Certifications. Additionally, Jinglong has successfully achieved ISO 9001 certification. , ISO 14001 OHSAS18001 Management System Certification. Jinglong Construction, headquartered in Guangzhou, operates across four major regions—South China, Central China, North China, and overseas—while maintaining a strong regional presence. The company has established branches in key cities such as Beijing, Shanghai, Hong Kong, Macau, Wuhan, Zhengzhou, Zhanjiang, and Moscow, Russia, and has set up dedicated project offices in over 40 additional cities nationwide.
Luxury strategy upgraded, empowering a healthy lifestyle
As the real estate industry continues to evolve, fully-fitted homes have become a growing trend—marking the arrival of the "fitted era" as a clear sign of the sector's maturity. As a provider of healthy living solutions, Chenxing Development prioritizes quality residential experiences by strategically shifting its focus from shell construction to fully-fitted interiors. Committed to advancing into the realm of health-focused architecture, the company is introducing cutting-edge industry technologies and eco-friendly, sustainable materials. This approach not only minimizes waste and environmental impact typically associated with secondary construction processes but also ensures a seamless, hassle-free move-in experience for customers. Ultimately, Chenxing Development is taking meaningful steps closer to its mission of helping clients build healthier, more fulfilling lives.
The shared pursuit of a healthy lifestyle is bringing Chenxing Development and Jinglong Construction closer together. By leveraging the complementary strengths of partners across diverse fields and industries, Chenxing continues to expand its collaborative network on the path to growth, providing comprehensive support for building a "healthy life."
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