Country Garden Services Holdings Co Ltd

06098: XHKG (HKG)
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HK$8.20YfvdnXncdydmt

Large Scale PRC Property Management Company With Proven M&A Track Record

Business Strategy and Outlook

Listed in Hong Kong on June 2018, Country Garden Services, or CGS, listed as a spinoff via introduction by sister developer Country Garden Holdings, or CGH, at a 1-for-8.7 distribution ratio. CGS is a leading PMS player in China, backed by major developer CGH, with national coverage. Established as the PMS business of CGH since 1992, CGH’s project completions have contributed to CGS’ strong growth, with CGH having gone through a strong growth phase. This is with CGH’s support as one of the largest property developers in China.

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