Guanzhong Real Estate Co., Ltd. (the “Company”) is an investment holding company incorporated in Hong Kong, China, and its shares are listed on the main board market of the Stock Exchange of Hong Kong Limited (stock code: 193) The main business of the Company and its subsidiaries (collectively the “Group”) includes property investment and development, hotel business, financial investment and related business. Property investment and development The Group continues to own a vacant plot of approximately 10,154 square meters in Coloane, Macau, China, for the construction of more than 40 luxury detached houses and related facilities. The Group also holds a 5% interest in a plot of land located on the commercial boulevard in Macau, China. The site can be used to develop an excellent high-rise residential building along Nanwan Lake. Hotel business The Group wholly owns Foshan Fortuna Hotel, which has 406 luxurious rooms, located in Lecong Town, Shunde District, Foshan City, China. The Group also holds a 32.5% interest in Macau Fortuna Hotel, China. The hotel is located in the center of the new port area and provides 342 rooms for guests visiting Macau.
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