LGFRY OTC

Longfor Group Holdings Limited operates as an investment holding firm, primarily focusing on real estate development, investment, and management activities throughout the People's Republic of China. Its business operations are divided into three main segments: Property Development, Property Investment, and Property Management & Ancillary Services. The Property Development unit is responsible for constructing and selling various types of properties, including commercial buildings, office complexes, and residential dwellings. The Property Investment division generates revenue by leasing out its portfolio of assets, which encompasses retail shopping centers and residential rental units. Furthermore, the Property Management & Ancillary Services segment delivers comprehensive property management solutions, oversees hotel operations, and offers additional services such as flexible workspace provisions, real estate brokerage, and interior design. Founded in Beijing in 1993, the company was previously known as Longfor Properties Co. Ltd. It officially rebranded to Longfor Group Holdings Limited in June 2018.