Asia Securities Real Estate Co., Ltd. (“AFC Real Estate”), formerly known as Danfeng Holdings Co., Ltd. (“Danfeng”), was established in 1973 and listed in Hong Kong, China in the same year. In 2016, the Company and its subsidiaries (the “Group”) were acquired by Autobest Holdings Limited, a wholly-owned subsidiary of Tianan China Investment Co., Ltd. (stock code: 28), and became the largest shareholder of the Group. The Group was chaired by Mr. Li Chengwei. In 2017, Danfeng changed its name to ASIC Real Estate. The Group's main business scope includes property investment, property leasing and property management businesses in Hong Kong, China.
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