With more than thirty years of time-honored history and founded at the same time as the establishment of Zhuhai Special Economic Zone, Zhuhai Huafa Group Co., Ltd (hereinafter refers to Huafa Group)has become a leading state-owned enterprise of Zhuhai, which is also be regard as one of the only two headquarter economy enterprises of Zhuhai. The Group is a diversified holding company which has dozens of holdings or wholly-owned subsidiaries, including a listed company – Huafa Industrial Share Co Ltd. Huafa Group was started up with RMB3000 of venture capital in its early stage, and had been achieving a solid growth of 1 billion total assets by the first 20 years after its establishment, thus it had laid a strong foundation for future rapid development. For the past 10 years after 2000, Huafa Group has reached its total asset from RMB 1 billion to RMB 36.5 billion, distributing its business all over the country. The scale of the Group's assets reached RMB 78 billion by the end of 2013.
In 2013, Huafa Group defined its Development Portfolio Model known as "3 +1 +2 + X". "3" refers to the Group’s three core businesses i.e. Urban Operations, Real Estate Development and Financial Investments; "1" refers to a keystone development business – Commercial Logistics , "2" refers to two supporting businesses – Culture & Educational Tourism and Modern Service; lastly, "X" refers to any field of potential business. Modern Service is wildly involved in the development and construction in the fields of following sections, including the integration of real estate and city development, regional development, urban renewal, infrastructure, TOD overall development, security housing as well as port investment. The interactive development of real estate development and city operation, not only consolidates Zhuhai’s leader position, but also quickens the city layout towards first-tier and second-tier cities, in addition to exploring fields of commercial real estate; financial investment carries out a diversified and comprehensive financial services, including the establishment of license business or investment merger, fund and investment management, financial innovation and financial investment promotion, and it will make an financial aircraft carrier of capital operation, integration of industry and finance. Commercial Logistics, consolidating and developing its original staple trade, is striving to begin comprehensive logistics and bonded business. Culture and Education will be involved in the operation and management of cultural, art and sports events by making an Cultural Tourism Park and Culture, Science and Education Industrial Park. Modern Service includes Estate Management, Convention, Exhibition and Hotel Management that are pursuing the establishment of the new industry benchmark of Zhuhai.
Huafa Group is relentlessly pursuing development excellence, professionalism and innovation to upgrade itself and take big stride beyond transformation. From 2013 to 2018, the aim is to increase the Group’s gross assets from RMB60 billion to RMB150 billion and revenue raised from RMB10 billion to RMB50 billion. The Group strives to be in the front league of China‘s top 500 enterprises and become a first-class, multi-faceted and top-notch conglomerate with at least 3 listed companies that owned by Huafa Group.