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China New Town Development

Organization name
China New Town Development Company Limited
Country name
Hong Kong
Country of registration
Virgin Islands, British
Industry
Miscellaneous Construction
Public debt
-

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Profile

China New Town Development Company Limited (Stock code: D4N.si or 1278.hk) (the “Company” or “CNTD”) is dual-listed on the main board of The Singapore Exchange SecuritiesTrading Limited (“SGX”) and The Stock Exchange of Hong Kong Limited (“HKEx”) since 14November 2007 and 22 October 2010 respectively. In March 2014, China Development Bank International Holdings Limited (“CDBIH”), a wholly-owned subsidiary of China Development Bank Capital Corporation Limited (“CDBC”or “CDB Capital”) completed its subscription of CNTD’s 54.3% shares. China DevelopmentBank Corporation (“CDB”) is one of the biggest policy Banks in China and has beencontinuously supporting the urbanization construction in China since its establishment. CDB Capital, as a wholly owned subsidiary of CDB, has a national network layout in the business segment of new town development business. To this point, the Company has officially become the one and only listed platform of CDB and CDB Capital in the business segment of new urbanization. In the future, we will leverage the advantage of controlling shareholder’s resources and experience, and integrate the opportunities arising from the new urbanization policy actively promoted by China, to build a national leading brand as a comprehensive new-towndeveloping operator.

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Codes

  • SIC
    6552 LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES)
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