Traditional Culture Encyclopedia - Hotel franchise - The Development Course of Guangzhou Yuexiu Group Co., Ltd.

The Development Course of Guangzhou Yuexiu Group Co., Ltd.

20 12

Yuexiu Financial Group was established and became a unified control platform for Yuexiu financial industry.

20 1 1 year

Yuexiu Group withdrew from battery business.

Yuexiu Industrial Investment Fund was established.

20 10 year

Yuexiu Group withdrew from cement and supermarket business.

Guangzhou Building Materials Group was incorporated into Yuexiu Group.

In 2009

Yuexiu Investment split Yuexiu Transport and renamed it "Yuexiu Property Co., Ltd.", forming a zigzag structure in which Yuexiu Group headquarters directly controls Yuexiu Property and Yuexiu Transport.

Yuexiu Group withdrew from the hotel business.

Yuexiu Group withdrew from international project contracting business.

the year of 2008

Yuexiu Investment's divestiture of papermaking business was formally approved by the shareholders' meeting.

In 2005

Yuexiu Group successfully split four leased properties, namely City Building, Baima Commercial Building, Victoria Plaza and Fortune Plaza, and listed them in Hong Kong as real estate investment trusts, becoming the first real estate trust fund in the world to invest in domestic real estate.

Yuexiu Group won the bid for Guangzhou International Finance Center, one of the top ten buildings in the world.

In 2002

Yuexiu Group bundled 95% of all the assets of Urban Construction Group with all the assets of Hong Kong Yuexiu Property and injected them into Yuexiu Investment.

200 1 year

Yuexiu Group's restructuring plan was approved by the State Council, and assets such as Guangzhou Urban Construction Group were injected into Yuexiu Group.

1997

Yuexiu Transport was spun off from Yuexiu Group and became the first infrastructure stock listed in Hong Kong in China.

1992

Yuexiu Enterprises spun off its three wholly-owned subsidiaries in Hong Kong, Macau and Guangzhou, and established Yuexiu Investment Co., Ltd., which was successfully listed in Hong Kong, becoming the ninth China red chip company listed in Hong Kong at that time. Yuexiu Enterprise was also reorganized into Yuexiu Enterprise (Group) Co., Ltd. ..

1985

Yuexiu Enterprise Co., Ltd. was incorporated in Hong Kong as the "window" of Guangzhou Municipal Government's economic and trade work with Hong Kong and Macao.