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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
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
The Chenxing • Time City project has successfully signed a deal.
On the morning of June 16, the signing ceremony for the Chenxing•Time City project was held in the third-floor conference room of the Jinzhong Economic and Technological Development Zone. Attendees included Wang Shengzhang, Vice Mayor of Jinzhong City; Wen Yucheng, Director of the Jinzhong Economic and Technological Development Zone Management Committee; Liang Ling, Deputy Director; Li Yingyao, President of the Jinzhong Branch of the Industrial and Commercial Bank of China; as well as Bai Xuan Kui, Chairman of the Board, and Bai Wu Kui, President of Chenxing Company. Representatives from Shanghai Guangyong Culture, Tujia.com, and the Shanxi Kindergarten affiliated with Beijing Normal University also attended the event. The Chenxing•Time City project aligns with the company’s strategic response to the national supply-side reform and the investment promotion policies of the Jinzhong Municipal Government, while also taking into account the current market dynamics.
2016-06-17
The company successfully held its Annual General Meeting of Shareholders.
At 10:00 a.m. on May 19, the company held its first annual general meeting of shareholders since going public, convened on the 6th floor of the office building located on Yingbin West Road. Shareholders and their appointed representatives, along with the company’s executive directors, independent non-executive directors, and senior management team, attended the meeting. During the session, the company discussed and approved several key agenda items, including the audited consolidated financial statements and the independent auditor’s report for 2015, the proposal to declare a final dividend for the year ended December 31, 2015, the re-election of retiring directors, and the renewal of the engagement with Ernst & Young as the company’s auditor. Additionally, Hong Kong Securities Clearing Company Limited, Ernst & Young, and Shinyon Fangyuan Corporate Services Group Co., Ltd. were also appointed.
2016-05-20
The company was honored as one of China's Top 500 Real Estate Enterprises in 2016.
On March 22, 2016, the "Results of the 2016 China Top 500 Real Estate Companies Assessment" were grandly unveiled in Beijing. For eight consecutive years, the China Real Estate Association and the China Real Estate Evaluation Center have conducted this comprehensive assessment, whose findings and research reports have earned widespread recognition within the industry, becoming a key benchmark for evaluating the operational strength and industry standing of real estate development enterprises. During the event, the China Real Estate Association and the China Real Estate Evaluation Center jointly released the "2016 Report on the Assessment of China's Top 500 Real Estate Development Enterprises," along with the "2016 Ranking of Preferred Supplier Service Brands Among China's Top 500 Real Estate Developers."
2016-03-28
Toshiba Elevator congratulates the company on its successful mainboard listing in Hong Kong.
On July 27, Mr. Bai Xuankui, Chairman of the company, and Mr. Bai Wukui, CEO, received a congratulatory letter dated July 13 from Mr. Kazunobu Hatanaka, President of Toshiba Elevator (China) Co., Ltd. (hereafter referred to as Toshiba Elevator), warmly celebrating the company’s successful listing and trading on the Main Board of the Hong Kong Stock Exchange. In his letter, President Hatanaka wrote: "Your company has established a long-term strategic partnership with us, becoming one of our most important customers in China. Over the years, our collaboration has been exceptionally smooth, fostering mutual brand advancement, effectively aligning production with demand, and enabling us to leverage our combined strengths for even greater success. Together, we continue to contribute positively to society." He concluded by wishing the company continued brilliance in its future endeavors.
2015-07-27
The company successfully listed on the Hong Kong Stock Exchange.
On the morning of July 3, Chenxing Development Holdings Limited (2286.HK) began trading on the main board of the Hong Kong Stock Exchange, with an opening price of HK$3.2. Chenxing Development marks the first company from our province to achieve an IPO listing on the HKEX main board—and remains the only enterprise from our province currently listed there. The successful launch of Chenxing Development on the HKEX main board sets a benchmark for other companies in our province seeking financing in overseas capital markets.
2015-07-10
The company has been honored with the title of "Top 10 Outstanding Private Enterprises in Jinzhong City."
2015-06-09
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