The Company was founded by Mr. Ma Jincan under the name “Damao Limited” on September 20, 1968. It was also listed on the Hong Kong Stock Exchange on February 21, 1973, and changed its name to Daifang Properties Development Co., Ltd. (No. 89). In the early days, the Group mainly provided storage, refrigeration and other warehouse service businesses. In line with market demand, the Group switched to investing in Hong Kong's real estate industry, including shops, commercial offices and residences, and further developed into the US property market.
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