- China South City Holdings
-
China South International Industrial Materials City (Shenzhen) Co., Ltd. (“China South City” Holdings), Chinese: 华南国际工业原料城（深圳）有限公司, a Hong Kong incorporated holding company, is a Longgang District, Shenzhen-based integrated logistics and trade center operator. It manages logistics operations and a wholesale shopping center in the city.
Business areas
China South City is engaged in the development and management of China South International Industrial Materials City, located at Pinghu, Shenzhen in the Greater Pearl River Delta region. China South City is the largest trade center in China,[1] in terms of gross floor area, that combines trade centers for industrial materials of five major industries, namely, textile and clothing materials; leather and accessories; electronics and accessories; printing, paper products and packaging materials; and metals, chemicals and plastic materials. It is expected to be the largest industrial materials trade center in the world upon completion of the second phase. [2]
China South City provides a wholesale trading platform that brings together buyers and sellers of a comprehensive range of industrial materials and complements the global logistics supply chain in different manufacturing industries by having in one location trading and exhibition centers for suppliers.[3]
It plans to raise at least HK$4 billion ($513 million) in a revived plan for its Hong Kong Stock Exchange IPO by the end of September 2009.[4]
The Chinese company expects to raise US$500 million from the initial public offering, which will be used to help expand operations into Guangxi, Jiangxi and Shaanxi over the next five years.
Hong Kong-listed Tak Sing Alliance Holdings owns a 20% stake in the mainland enterprise.[5]
References
- ^ http://findarticles.com/p/articles/mi_hb5562/is_200705/ai_n22743951/
- ^ http://www.chinaapparel.net/catalogs/047/093/085/
- ^ http://www.bakernet.com/BakerNet/News/Archive/2007/ChinaSouthCityIssue.htm
- ^ http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSHKG23238620090814
- ^ http://news.alibaba.com/article/detail/business-in-china/100150345-1-china-south-city-revives-ipo.html
External links
- Official website (English)
Categories:- Companies based in Guangdong
Wikimedia Foundation. 2010.
