The Real Estate
Zhongtian Property Co., LTD
Zhongtian Property Co., LTD., founded in 2010, is a joint-stock subsidiary of the Group. Currently, the company has 70 employees, including 48 party members. The company has two wholly-owned subsidiaries — Jiayuguan Yujia Property Service Co., LTD and Jiayuguan Huafeng Construction and Installation Engineering Co., LTD. Zhongtian Property Co., Ltd. has the second-level national real estate development qualification, mainly engaged in real estate development, property management, housing transfer and lease, civil construction projects, etc. The registered capital is 100 million yuan.
In recent years, Zhongtian Property Co., Ltd., driven by the innovation of system and mechanism, based on improving the design and strengthening management, supported by talent training and team building, and guaranteed by corporate culture construction and party-building innovation, adhere to the use of industrial modernization methods to create high-quality projects, It has built dozens of quality projects such as Zixuan Garden, Zixuan Meihu Residence, Xinhua City Garden, Qingyi Garden, and Jiuquan Zhongtian City Garden, which have made significant contributions to improving the housing conditions of JISCO employees and Jiayuguan citizens, making outstanding contributions to jiayuguan city construction and shaping a good brand image. The company has successively won the honorary titles of Excellent Enterprise of Real estate Development and operation in Jiayuguan city, Advanced Unit of Construction work in Jiayuguan City, Honest Unit in Jiayuguan City, And Enterprise of Abiding by Contract and Valuing Credit in Gansu Province. In 2015, the company won the title of Civilized Unit in Gansu Province.
Lanzhou Judong Real Estate Development Co., Ltd.
Lanzhou Judong Real Estate Development Co., Ltd. (From now on, referred to as “Lanzhou Judong”) is a wholly-owned subsidiary of JISCO Group. It was established on September 1, 2008, with a registered capital of 50 million CNY. The national second-level real estate development qualification is a professional real estate development company integrating real estate development, commercial housing sales, real estate management, property management, and hotel management. The company consists of five management departments: namely, Party-Mass Work Department (Comprehensive Management Department), Market Development Department, Engineering Management Department, Marketing Management Department, and Finance Department. It has a wholly-owned subsidiary Lanzhou Changhong Property Management Co., Ltd., under its jurisdiction. Participated in Lanzhou Xinshun Real Estate Development Co., Ltd., accounting for 49% of the shares, and operated by Judong Company; participated in Gansu Haixiang Jiugang Real Estate Development Co., Ltd., accounting for 30% of the claims, used by Gansu Haixiang.
Property management
Changhong Property Management Co., Ltd. was transferred to Lanzhou Judong in September 2013. Since the transfer, the property management company has emancipated its mind, changed its business philosophy, and moved from a single service type to a management type. The business scope has added housing intermediary, house decoration and decoration material distribution, butler housekeeping services, ticket booking, internal and external paid property services, green fruits and vegetables, grain and oil distribution, and other business items to the single property management. The company turned losses in 2014 and made a profit of 1.1010 million yuan in 2015.
Project construction
Since its establishment, the completed project of Lanzhou Judong covers a total construction area of 349,000 square meters. Among them, Jiugang Building was completed at the end of 2015, forming the fixed assets of Lanzhou Jurong. The hotel was put into use on January 8, 2016.
Lanzhou Xinshun Real Estate Development Co., Ltd. owns 1,728,008 square meters of land in Dingyuan Town. The project is developed and constructed in two phases. The first phase of Hexing and Hesheng Jiayuan projects started in August 2014, with 492,500 square meters and 20 residential buildings. The ground floor area is 433,700 square meters, the underground space is 58,800 square meters, the residential area is 462,000 square meters, and the commercial area is 30,500 square meters. The entire project construction is scheduled to be fully completed in 2017.
Gansu Haixiang Jiugang Real Estate Development Co., Ltd. developed and constructed the Bund Yingu project with a total construction area of 78,000 square meters, and 72% of the project has been sold. The project was moved in in 2016.