About Greattown Company

The company belongs to Mingcheng Holding Group. It was officially listed on the A and B shares of the Shanghai Stock Exchange in 2011, with a registered capital of RMB 2.475 billion and a first-class real estate development qualification. Shanghai Daming City Enterprise Co., Ltd. adheres to the development strategy of “being rooted in mainland Fujian and deeply cultivating first-tier cities”, and has built an “industry+capital” two-wheel drive development model with the strategic goal of “laying out urbanization and building a city operator with comprehensive urban functions”. Its business covers comprehensive real estate development, commercial real estate operation, property service management, and financial investment. The real estate development business to which the company belongs continues to uphold prudence and prudence, and emphasizes putting operating cash flow as the core, increasing revenue and expenditure, investing prudently, controlling the size of debt, and increasing profit margins. Two new business segments have been added to the company's investment layout, namely: artificial intelligence computing power business and low-altitude economy business. Corporate honors: China's Top 100 Real Estate Enterprises (Top 50), Shanghai Housing Design Award, China's Top 100 Private Enterprises (No. 25), Shanghai Housing Design Award, China's Top 100 Listed Real Estate Companies, Top 5 Properties Delivered in Shanghai, Top 20 in Guoxin Cup · ESG Golden Bull Award Governance, 67th in the 2023 Shanghai Top 100 Private Enterprises, 62nd in the 2023 Shanghai Top 100 Private Enterprises, Shanghai's Top 50 Real Estate Enterprises, among which the trading area ranked 28.