![]() This move allowed the Companyto tap tourism and get connectedwith its cultural tourism industry chain, which will helpdevelop its communitytourism business and strengthen the competitive advantages of the Group’s communityservice platform.Īs prescribed, Fantasia will leverage MorningStar’s online platform and internet presence in order to establish a unique model of customized tourism business model based on its community service platform. On 28December 2015, Fantasia completed an acquisition of the entire interests inMorning Star Group Limited (“Morning Star”) through its indirect subsidiary. The launch ofHome E&E marked Fantasia’s official entry to the resort property operationand short-term rentals market in China, accelerating the establishment of acomprehensive online-to-offline resort reservation system. ![]() Renowned financial institutionsincluded ShenzhenCapital and Canopy Capital participated in subscriptions for the shares that raised proceedsof approximately RMB205 million After listing,Home E&E initiated its first round of top-up issuance via privateplacement. It is theGroup’s third public company, following listing of Colour Life (HKEx stockcode: 1778) and gives rise to Fantasia’s multi-echeloncapital platforms with community services as the core business. The listingon the NEEQ enables Home E&E to build its independent unique financingplatform, improve its corporate capital structure, mitigate business risks, andenhance corporate governance standards and the public’s awareness in it as acorporation. (“HomeE&E”), an indirect subsidiary of Fantasia, received an approval for listingof its shares on the National Equities Exchange and Quotations Systems (“NEEQ”)under the stock code: 834669, making it the first listed company in in thebusiness of short-term rentals and resort property operation. On 9December 2015, Shenzhen Home E&E Commercial Services Group Co., Ltd. In 2015, Fantasia focused on building community service platforms andachieved balanced efforts in multiple platforms, showcasingpreliminarily the enormous potential for Fantasia’s “Community +” businessecosystem. Toconsolidate the real estate business a competitive advantage while accelerating itstransformation into a light- asset model are the established developing strategiesof Fantasia. ![]() Outstanding contracted salesperformances were achieved in Shenzhen, Wuhan, Huizhou, Guilin, Nanjing andSuzhou.Īccording tothe latest 2015 China’s Real Estate Sales Ranking published by the ChineseIndustry Academy, and China’s Real EstateEnterprises TOP100 Sales Ranking in 2015 published by CRICChina, Fantasia was ranked among top 100 of the industry, Meanwhile, Fantasiahad been included, for the third consecutive year, in the league of real estateenterprises in China with annual contracted sales exceeding RMB10 billion.īuilding multiple capital platforms driven by financialoperations Itstrengthened its sales efforts and expedited the collection of sales receipts,contributing to the steady growth in sales volume. Fantasia perpetuatedits proactive and flexible sales strategy to tap this window of opportunity. The propertymarket in China led a trend for the whole year as the Group had prescribed. In 2015, China enacted an array of favourable monetary and fiscal policies, utilised more openmarket instruments to replace with previous restrictive measures, a move that stimulated the transaction volumes in the property market as a whole, bothtransaction volumes andprices recorded increases in selected first-tiercities. The Grouphad been able to achieve its sales target for the year due to the steadyrecovery in the property market in mainlandChina. TheGroup has successfully completed its RMB11 billion contracted sales target forthe year. in aggregated sold gross floor area (“GFA”).įor the 12months ended at 31 December 2015, the Group achieved contracted sales ofapproximately RMB11.272 billion with approximately 1,289,000 sq.m.in aggregate sold GFA, representing a year-on-year increase of 10.4% and ayear-on-year decrease of 6.6%, respectively. In December2015, the Group achieved contracted sales of approximately RMB1.163 billionwith 115,100 sq.m. ![]() Ranked among Top 100 property developers for threeconsecutive years (5 January2016 – Hong Kong) Fantasia Holdings Group Co., Limited (“Fantasia” or the“Company”, which together with its subsidiaries, is referred to as the “Group” HKEx stock code: 1777) announces that it hadoverachieved its sales targetfor 2015 and consolidated its competitive edge on traditionalbusinesses, unleashed development efforts for its multiplecommunity service platforms, thereby enhanced its leading position further in thecommunity service industry in China. ![]()
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