In the 197s, Sir MacLehose became the Governor of Hong Kong, and vigorously promoted urban planning in order to improve people's living environment. In addition, with the rising export of industrial products, Hong Kong has gradually become a major international free port, ranking among the four little dragons in Asia, and a series of infrastructure projects have started with the development of society, further driving the demand for building materials to rise. At this time, the development of Jiahua Building Materials tends to be mature, and its Anderson Road quarry has advanced technology and modern facilities at that time, providing high-quality stone for many government infrastructure projects and public housing estates, and becoming a major supplier of stone products and concrete in Hong Kong.
With the improvement of the quality of life of Hong Kong people, the market space of high-grade housing is expanding. Jiahua took advantage of the situation to focus on developing real estate business. In 1974, Parkway Garden consisting of eight luxury garden houses was built in Bulijing, South District of Hong Kong Island. The excellent location, together with luxurious decoration, pioneered the early villa-style combination houses in Hong Kong, and the price of one villa set a new record in the real estate market at that time.
In the late 197s, Hong Kong won the reputation of a shopping paradise, with more than 2 million visitors to Hong Kong every year. However, the development of the hotel industry is not perfect, especially the lack of high-quality world-class hotels. In view of this, Dr. Lu took the initiative to cooperate with holiday hotels with internationally renowned brands. In 1979, he invested HK$ 68 million in land near the East China Sea, and spent HK$ 3 million to build holiday hotels with seascape (now "Seaview Jiafu Hotel"), which opened in 1981 and introduced franchise management system, becoming a five-star hotel with a reputation for a while. In the next few decades, adhering to the "customer-oriented" service tenet, Jiahua has cultivated a group of professional hotel management talents, which not only laid the foundation for the Group to develop the American hotel business and Macao entertainment and leisure business in the future, but also contributed to the long-term development of Hong Kong tourism. After entering the 198s, all industries in Hong Kong took off, and the city dominated by industry was transformed into a tourist city. In order to speed up urban construction, the government has launched a series of large-scale infrastructure projects to promote the demand for building materials. Knowing the needs of social development, Dr. Lu has visited Europe, America and Japan for many times, actively researched and developed new production technologies, and introduced advanced ready-mixed concrete and canal barrel production technologies in 1979 to improve productivity and safety standards and consolidate the core building materials business. In 1983, Jiahua Concrete Co., Ltd. was established, marking the company's development into a vertically integrated building materials supplier, which arranged the whole line production of stone mining, crushed stone production, washing sand production, asphalt production, concrete and concrete prefabricated components, and supplied building materials products for large-scale government infrastructure projects.
backed by hong kong, an international financial center, jiahua stone industry group co., ltd. (later renamed as "jiahua international group co., ltd.") was listed on the main board in 1987, with the stock number of 173. it is dedicated to the group's real estate and other investment business, which not only improves the company's management structure, enhances the company's popularity, but also helps to attract outstanding talents to join the work.
During this period, Jiahua Group, which is based in Hong Kong, is also looking for potential investment opportunities at home and abroad. At a time when China's economy is opening up and the urban construction in the Mainland is developing rapidly, Jiahua actively develops its business in the north, investing in building materials projects in Shenzhen, Guangzhou and East China, including concrete, cement products and pipes, and becoming one of the first Hong Kong enterprises to invest in the Mainland. In addition, the Group also expanded to North America, with San Francisco as the base, and Stanford Hospital, Cresleigh Homes and Cresleigh Properties managed the hotel, residential and commercial real estate businesses in North America respectively. In the same period, the Group entered the real estate market in Southeast Asia, such as Singapore, Malaysia and Thailand. At first, it mainly invested in medium-sized residential and commercial projects, and later turned to developing diversified real estate projects. In the 199s, Jiahua Group actively entered the mainland real estate market, cooperated with the national development policy, participated in the first old city reconstruction plan in Guangzhou, and transformed the old buildings in Yuexiu District into a modern large-scale residential and commercial community-Jiaheyuan. At the same time, it became one of the earliest Hong Kong enterprises to enter the Shanghai real estate market, and purchased many plots of land in the best location to develop projects such as Gangtai Plaza and Jialiyuan. The Group has established itself in the North American real estate market with the famous residential brands Cresleigh Homes and Cresleigh Properties, with projects in California, Arizona and Sacramento.
in hong kong, jiahua international center was completed and opened in 1991, becoming the hong kong headquarters of the group. With its prudent and flexible investment strategy, the Group was able to take the lead in applying to the government for land auction after the financial turmoil in 1997, and successively bid for a number of high-quality sites, including Broadcast Drive, Hedger Road, Waterloo Road, Sham Tseng and Ma On Shan.
The building materials business of the Group is becoming more and more mature. Jiahua Building Materials Co., Ltd. (formerly known as "International Cylinder Industry Co., Ltd.") was listed in Hong Kong in 1991 (27), becoming a large-scale one-stop building materials manufacturer in Hong Kong, and actively expanding its business in China Mainland and Hong Kong, including the construction of Huangpi Quarry, the largest quarry in Guangzhou, in 1993 and the signing of the 17-year "Anda" with the Hong Kong government in 1997.
In p>199, Stafford International Hotel Group was formally established, mainly responsible for hotel development and management in Hong Kong. Stanford Hotel, the flagship hotel business of the group in the United States, was listed as the top 12 hotel owners and development groups in the United States in 1998, with outstanding achievements. Stepping into the 21st century, the world has experienced turbulent years such as 911, SARS and financial tsunami, and the business environment of enterprises is full of variables. However, Jiahua Group has surmounted many obstacles and made remarkable achievements in adversity.
The Group is particularly proud of winning the Macau Entertainment License in 22, and expanding its business scope to Macau's large-scale comprehensive entertainment convention and exhibition industry. With decades of experience in operating environmentally friendly building materials, tourist hotels and real estate, the Group is ready to meet this huge business opportunity with the greatest potential in Asia.
In p>25, Galaxy Entertainment Group ("Silver Entertainment"; Stock code: 27) was listed in Hong Kong, and was immediately supported by international strategic investor Permira. In recent years, silver entertainment has developed rapidly in Macao, and it is on par with many international entertainment and leisure operators. In 26, Silver Entertainment opened its first five-star flagship Star Hotel in Macau and won numerous international professional awards. At the same time, Silver Entertainment has invested more than HK$ 15.5 billion, with a construction area of 55, square meters. It is a large-scale comprehensive holiday city with the purpose of "being proud of the world and Asia"-"Macau Galaxy?" It opened in May 211. This is one of the largest development projects of the Group in recent years, integrating entertainment, vacation, exhibition, shopping and food, taking "Asian Heart" as the business philosophy, and introducing the award-winning Banyan Tree Macau, the top hotel and resort brand in Asia, and the internationally renowned Hotel Okura Macau to "Macau Galaxy", plus the five-star "Galaxy Hotel" that people expect. Silver Entertainment, which always takes "Asian Heart" as its business philosophy, has become the most shining and impressive corporate brand under Jiahua Group.
the group's development momentum in mainland China is not too good. In 25, the new Shanghai headquarters of the Group-Jiahua Center in the prime location of Huaihai Middle Road was officially completed and put into use, becoming the chief commander center for the Group to further explore the huge mainland market. Among them, the Group's many high-quality real estate projects in the Yangtze River Delta and building materials projects in North China, East China and South China of China were also developed and implemented one by one under the effective implementation of localization strategy and resource sharing.
over the past ten years, jiahua building materials has successfully transformed from a traditional vertical building materials supplier into a one-stop comprehensive environmental protection and value-added industry, and has formed strategic partnerships with famous steel enterprises such as Beijing Shougang, Yunnan Kungang, Anhui Maanshan Iron and Steel Co., Ltd., Nanjing Iron and Steel Co., Ltd., Hubei Egang Co., Ltd., Guangdong Shaogang Co., Ltd. and Guizhou Shuigang Co., Ltd., recycling the slag from steel mills, refining it into environmental protection products with new technologies, and providing them to many large-scale infrastructure projects in the Mainland.
jiahua international group, the flagship of the group's real estate, was repositioned in 25. with decades of development experience in hong kong, it has devoted itself to developing high-quality properties in greater China, such as fine houses, grade a commercial buildings, characteristic shops, hotels and serviced apartments, with more than ten projects. Among them, Chantilly in the Mid-Levels of Hong Kong Island and No.9 Shenwan in the Southern District are representative works. There are few super luxury houses and they are very popular. Top luxury houses such as Shanghai Huizhihu Garden, Jiayuting of Jianguo West Road in Xuhui District and Jiatianhui of Yanjiazhai in Jing 'an District all continue the development mission of Jiahua Group's "fine quality". In addition, the Group has also actively purchased a number of high-quality land in China and Hong Kong, adding further impetus to the long-term development.
through the stormy course, jiahua group has become a multinational enterprise with diversified business. Facing the future, the Group will actively implement the "Greater China Concept", base itself on Hong Kong, accelerate the pace of business in Asia, further exert its comprehensive strength, and cooperate with the general direction of national sustainable development.