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03990 MIDEA REAL EST

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  • 3.980
  • -0.060-1.49%
Market Closed Mar 28 16:08 CST
5.71BMarket Cap5.67P/E (TTM)

About MIDEA REAL EST Company

Midea Properties Holdings Limited (the “Company” and its subsidiaries “the Group” or “Midea Properties”) (stock code: 3990.HK) is a company listed on the Hong Kong Stock Exchange and one of the top 100 private enterprises in Guangdong Province. It is included as a constituent stock of indices such as Hang Seng Hong Kong Stock Connect. The Group was founded in 2004 and adheres to the development position of a “smart healthy life service provider”. Using its deep manufacturing roots and technological genes, the Group has built a “5M smart health community” through intelligent, industrialized and digital high-quality construction and services to create a beautiful lifestyle. Midea Real Estate has deployed 332 projects in the five major regions of the Guangdong-Hong Kong-Macao Greater Bay Area, the Yangtze River Delta Economic Zone, the Middle Yangtze River Economic Zone, the Beijing-Tianjin-Hebei Economic Zone, and the Southwest Economic Zone, and has entered Shanghai, Guangzhou, Tianjin, Chongqing, Chengdu, Zhengzhou, Wuhan and other central cities of the country, as well as Hangzhou, Nanjing, Changsha, Hefei, Kunming, Fuzhou, Nanchang, Guiyang and other provincial capitals. Midea Real Estate insists on the collaborative development of the four major waterways of housing development, property services, commercial operation, and real estate technology. Among them, housing development and services closely follow the trend of users' demand for smart and healthy living in the AIoT (Artificial Intelligence Internet of Things) technology era. The original “5M Smart Health Community” product strategy system creates a beautiful life experience for customers with fine intelligence from the five dimensions of “Midea Smart M-Smart, Midea Health M-Quality, Midea Service M-Service, and Midea Life M-Life”; in terms of real estate technology, the Group is actively building a high-tech smart housing industry chain, cultivating it as a “second” independent development “Runway”: Lay out intelligent industries and construction technology, and insist on technology iteration guided by user needs. Driven by integrated home intelligence solutions, it has established core competitiveness around scenario innovation and the Internet of Things, and has industry-leading solutions and full-chain service capabilities. From R&D and design, production and construction, to management, operation and maintenance, building a closed-loop system for the entire value chain, establishing integrated product and service advantages, and being named the first “National Smart Residential Area Standard Creation Base”, it continues to provide smart and green prefabricated overall solutions to third parties. In the future, Midea Real Estate will continue to build a strong foundation, continuously innovate and transform, deepen industrial empowerment, lead the development of the industry in an intelligent and healthy way, help citizens live with high quality housing, and create better value for society.

Company Profile

Symbol03990
Company NameMIDEA REAL EST
ISINKYG609201085
Listing Date10/11/2018
Issue Price17.00
Shares Offered180.00M share
Founded11/29/2017
RegistrationCayman Islands
ChairmanHengle Hao
SecretaryBaoshan\wanjingli Chen
Audit InstitutionPricewaterhouseCoopers
Company CategoryOverseas registration of Mainland Individuals control
Registered Office190 Elgin Avenue George Town Grand Cayman KY1-9008 Cayman Islands
Head Office and Principal Place of BusinessRoom 3906-3910, 39/F, Tower 6, The Gateway, Harbour City, 9 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong
Fiscal Year Ends12-31
Employees10152
MarketHong Kong motherboard
Phone0757-26607751
Fax0757-22367838
Emailinvestor@midea.com
Business Midea Real Estate Holdings Co., Ltd. is a Chinese investment holding company mainly engaged in real estate development. The company operates through four divisions. The property development and sales department is mainly engaged in residential property development and land development. The property management services department mainly provides information-based property services and management. The commercial property investment and operation department is mainly engaged in property leasing, hotel operation and cultural tourism projects. The Real Estate Technology Division mainly provides spatial intelligence, prefabricated buildings and design technology. The company mainly operates in the domestic market.

Company Executives

  • Name
  • Position
  • Salary
  • Hengle Hao
  • Chairman,Nomination Committee Chairman,Remuneration Committee Member,President,Executive Director,Authorized Representative
  • --
  • Ge Lin
  • Authorized Representative,CFO,Executive Director
  • --
  • Jianfeng He
  • Non-Executive Director
  • --
  • Jun Zhao
  • Non-Executive Director,Audit Committee Member,Remuneration Committee Member
  • --
  • Jingsong Tan
  • Nomination Committee Member,Remuneration Committee Member,Audit Committee Chairman,Independent Non-Executive Director
  • --
  • Weili Ouyang
  • Audit Committee Member,Independent Non-Executive Director,Remuneration Committee Chairman
  • --
  • Qi Lu
  • Nomination Committee Member,Independent Non-Executive Director,Remuneration Committee Member
  • --
  • Quanhui Wang
  • Executive VP,Executive Director
  • --
  • Baoshan Chen
  • Joint Company Secretary
  • --
  • Ziliang Zhang
  • Executive Director,General Manager of Zhejiang/Fujian Regional Company
  • --
  • Bo Zhou
  • Financial Director of the Financial Management Center
  • --
  • Jingli Wan
  • Joint Company Secretary
  • --

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