Cheung Kei Group invests in China South City
One of the major investors of China South City Group
In terms of equity investment, Dr. Chen Hongtian, Chairman of Cheung Kei Group, is one of the major investors (shareholders) of China South City.
Incorporated in Hong Kong in May 2002, China South City Group (China South City) is a company listed on the Hong Kong Stock Exchange (stock code: 1668HK). China South City is a leader in planning, building and operating of large integrated commerce and logistics centers in China as well as a base for modern integrated commerce and logistics and a platform for high-end integrated services in the manufacturing industry. China South City Group possesses huge investment in Shenzhen, Nanning, Nanchang, Xi'an, Zhengzhou, Harbin, Hefei and Chongqing, with the total planned area of the projects being approximately 75 million square meters and a total investment of approximately RMB100 billion. China South City subsidiaries all over the country have made huge tax contributions to the local tax authorities, with the annual tax amounting to billions of yuan. In addition, the Group has created hundreds of thousands of employment opportunities.