Shude Group Co.,Ltd. was established in October, 1993. Over the last 20 years of efforts and development, the group now has become a cross-regional enterprise with a registered capital of 200 million yuan and assets of 5 billion yuan.
During 1993 to 2000, the company was a constructor with its main business in construction, installation and decoration projects. Main projects are: Guoguang Building, Wenzhou No.2 Senior Middle School, Wangzi Garden, Xingsheng Building in Liushi, Leqing, Zhanqian Commercial Building, Nanzhan Apartment Building, Hongli Building, Lucheng Sansuo, etc.
Since 2004, The main business is real estate development in this period. Main projects are: Kanghong Building, Xingsheng Building in Liushi, Leqing, Zhanqian Shopping City, Zhanqian Commercial Building, Nanzhan Apartment, Tianxiong Building, Yishan Shopping in Cangnan, Plot 5-1 at Xueshan Road in Wenzhou City, Hongli Building, Yongle Coastal Homeland, Chengxi Homeland in Shangtang, the Oriental Cittaslow – Feiyun Lake Town, the Oriental Cittaslow – Nanxi River Town, etc.
In the period 1999 to 2004, the main business of the company is investing in schools in pursuit of social value. The Main projects are:
>Participation in the transformation and reconstruction of Wenzhou University. As founder and participant in the Wenzhou University Town, the company held 55% shares in Wenzhou Education Industry Group, then investor of the Wenzhou University;
>The company is the whole owner and founder of the College of International Relations, Wenzhou University;
>In 1999, the company invested 175 million RMB to purchase the Caoyang Middle School, a key middle school in Putuo district, Shanghai. Consequently the school become the first and single transformed key middle school in Shanghai.
>The company founded the Wenzhou Overseas Study Service Center, the first agency for overseas study in Wenzhou;
>The company founded the Wenzhou Time Foreign Languages Training Center.
Going Innovative and International (since 2004)
The company based its stable growth on financial investment in new business models.
The company holds 3.75% ownership in the 120 billion asset of the Bank of Wenzhou.
Shanghai Free Trade Area: NPH (Shanghai) Investment Co., Ltd.
Hong Kong: Oriental Cittaslow International Holding Co., Ltd.
Canada: YY-Ying International Group Co., Ltd.
5．The company set up the Zhejiang Cittaslow Construction Co., Ltd. for the development of the Oriental Cittaslow – Feiyun Lake Town. The project is located by the Feiyun Lake in Wencheng, Wenzhou, covering an area of 50 square kilometers. With a total investment of 12 billion yuan, the project is now under construction.
6．The company plans to develop The Oriental Cittaslow– Nanxi River Town at the downstream of the Nanxi River in Yongjia. With an area of 7 square kilometers and a total investment of 19 billion yuan, the project is under planning.
Mr. Chi Zhang
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