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Chengdu Chenghua Old City Renovation Company Renamed and Capital Increased, Registered Capital Soars to 5 Billion Yuan
Recently, Chengdu Chenghua Old City Renovation Investment Co., Ltd. underwent an important transformation, officially changing its name to Chengdu Chenghua Urban Renewal Group Co., Ltd. This change is not only in name but also in registered capital, which increased from 3.6 billion RMB to 5 billion RMB, a nearly 39% growth, demonstrating the company’s ambition and strength in the urban renewal field.
Since its establishment in July 2007, the company has been dedicated to urban renewal and renovation work. Its business scope is extensive, covering land remediation services, house demolition services, land use rights leasing, project management services, and more. The company also engages in leasing services, non-residential real estate leasing, property management, and corporate management, showcasing a diversified business strategy.
Notably, with the name change, some senior management personnel have also been adjusted accordingly. This move aims to further optimize the company’s management structure and improve operational efficiency to better adapt to new challenges and opportunities in the urban renewal sector.
Regarding shareholder structure, Chengdu Chenghua Urban Renewal Group Co., Ltd. is wholly owned by Chengdu Chenghua Development Group Co., Ltd. This stable shareholder background provides solid financial support and strategic guidance, helping the company to continue deepening its efforts in urban renewal and achieve high-quality development.