On 10 July 2018, the 2018 Shenzhen Real Estate Ceremony Cum Industry Overall Evaluation Announcement was held in Shenzhen successfully, at which, the result of the overall evaluation was released. Shenzhen LVGEM Real Estate Development Co., Ltd., a wholly-owned subsidiary of LVGEM (China) Real Estate Investment Company Limited (HK0095) (hereinafter referred to as “LVGEM (China)”) was awarded “Top 10 Credible (Quality) Enterprises in Shenzhen Real Estate Industry” and “Top 10 Enterprises in terms of Comprehensive Strength in Shenzhen Real Estate Industry”. Since 2011, leveraging its powerful development strength and brand influence, LVGEM (China) has been able to rank among top 10 “Enterprises in terms of Comprehensive Strength in Shenzhen Real Estate Industry” for eighth consecutive years.
Photo: Award Presentation Ceremony
Multiple-indicator evaluation, dedicated forums for exchange
The 2018 Shenzhen Real Estate Ceremony is currently the largest and most influential high-end exchange platform for the real estate industry. Guided by the Urban Planning, Land & Resources Commission of Shenzhen Municipality, the ceremony is hosted by the Shenzhen Real Estate Association. Upholding the principles of equality, fairness and openness, the Shenzhen Real Estate Association evaluated the comprehensive strength of 871 real estate developers in Shenzhen based on multiple indicators, including their operating performance, development potential, economic strength, social contribution and brand management.
One of the highlights of the ceremony is that two new dedicated forums on property rental and urban renewal were held, so as to cater to the demands of members for learning and exchange. At the urban renewal forum, Guo Pengsheng, President of the Urban Renewal Professional Committee of the Shenzhen Real Estate Association, delivered a speech on “Crossroad of Urban Renewal”. He considered that Shenzhen city has made active effort in urban renewal over the years, such as respecting city’s rhythm, eliminating planning paradox, enriching theoretical and practical experience and respecting the society, but there is still room for improvement of the current urban renewal model in respect of urban renewal’s rhythm in China, development intensity, renewal subject, benefit allocation and core value. He said that he was looking forward to the urban renewal projects in Shenzhen, and considered that urban renewal can establish order and accumulate vitality in a sensible manner while fostering diversified cultures, changing cities with technology, building highly liveable cities and exercising spatial management for whole life cycle.
Photo: Guo Pengsheng is giving a speech
A unique real estate developer pioneering in urban renewal
As a unique real estate developer, “urban renewal” is also an important milestone in the 20 years of development history of LVGEM (China). With a forward-looking mindset, LVGEM (China) made a move into the urban renewal sector as early as in 1998, becoming a pioneer enterprise in urban renewal. The Company has developed various landmark urban renewal projects in the Guangdong-Hong Kong-Macao Greater Bay Area, including LVGEM NEW Urban Commercial Complex and LVGEM Zhong Cheng Tian Yi. It recreates values for regions with urban renewal projects, earning recognition from the industry, government and society.
Photo: LVGEM NEO Urban Commercial Complex
As a unique integrated real estate developer who has ranked among top ten “Enterprises in terms of Comprehensive Strength in Shenzhen Real Estate Industry” for eighth consecutive years, LVGEM (China) always adheres to the “Dual Core” strategy of “Focusing on Core Cities and Cities’ Core Areas”. Concentrating on “Shenzhen-Hong Kong”, its major projects are all related to the development of the Guangdong-Hong Kong-Macao Greater Bay Area. Through the dual-core development plan, LVGEM (China) has made targeted effort in the Guangdong-Hong Kong-Macao Greater Bay Area covering Shenzhen, Hong Kong, Zhuhai and Dongguan.
As a pioneer in urban renewal in China, the Company has stable operation history, diverse land acquisition channels, outstanding project resources, excellent customer service and good brand image, with products covering urban boutique residence, high-end apartments, CBD urban complexes, international commercial shopping malls, landmark ultra A-grade international commercial building hubs, top-notch hotels and other property types. In 2015, LVGEM (China) was successfully listed in Hong Kong (Stock code of HKEx: 00095HK). As one of the first batch targets of the Shenzhen-Hong Kong Stock Connect, it is favoured by the investors in the south.
In the future, through the development and operation of core projects located within the Greater Bay Area, LVGEM (China) will continue to capture market opportunities, dedicated to investing in various kinds of quality real estate projects, so as to create more values for the society.
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