Shum Yip Group
Shum Yip Group is a large-scale comprehensive enterprise group wholly owned by Shenzhen Municipal People's Government and directly managed by Shenzhen State-owned Assets Supervision and Administration Commission. The Group's predecessor, Shum Yip Co Ltd was founded in Hong Kong in 1983. At present, the Group focuses on real estate development, operation services, infrastructure construction, and emerging industry investment, as well as modern agriculture, high-tech manufacturing and other fields. As of the end of June 2018, the Group's total assets were 111.8 billion yuan ($16.53 billion), net assets were 41.8 billion yuan, and the land bank was nearly 13 million square meters.
For a long time, Shum Yip Group, as the economic and trade representative office of the Shenzhen Municipal Government in Hong Kong, has made positive contributions to the introduction of capital, technology, projects and modern management experience in Shenzhen and the Chinese Mainland. It has become a bridge between political and business circles of Shenzhen and Hong Kong and has established a deep relationship in the political and business community in Hong Kong.
Shum Yip Group maintains good cooperative relations with financial institutions in Shenzhen and Hong Kong. It is one of the vital links between Shenzhen and the international capital market. At present, Shum Yip Group has gathered a group of elites with rich experience in capital operation who are familiar with the operating practices of Hong Kong's industrial and commercial financial circles. It has a group of senior management and professional and technical personnel in real estate, infrastructure and other industries.
In the future, Shum Yip Group will continue to focus on Shenzhen and strengthen the real estate industry by building an operational service platform.
Address: Block F, Shum Yip Tairan Building, No. 31, Tairan 8th Road, Chegongmiao, Futian District, Shenzhen