About Guangzhou Pearl River Development Group co.,Ltd. Company

The company is a subsidiary of Guangzhou Zhujiang Industrial Group Co., Ltd. in the urban operation service sector. It was founded in April 1985 and achieved business transformation through major asset restructuring in March 2023, focusing on property management and cultural and sports operation services with more stable operation and more stable profits. The company's main business is carried out in three major segments: urban services, cultural and sports services, and multi-format services. The main products are real estate development and management, property management, industrial investment, property management, and cultural and sports operations. The company received honors such as Guangzhou's top ten high-end community leaders, Guangzhou Real Estate Annual Yearbook luxury homes, and Guangzhou residents' top ten favorite real estate properties. Since its establishment, Pearl River Culture and Sports has received honorary titles from six ministries and commissions including the State Administration of Sports for its rich management experience, excellent professional quality, and excellent work style. It is one of China's top ten major performance venue enterprises, has won the “Guangzhou Advanced Collective”, and is the only game venue to receive the “Best Contribution Award” in the 2019 Men's Basketball World Cup. It was rated as the “New Third Board Sports Company with the Best Investment Value” by the media company “Lazy Bear Sports” by the “Sports Industry BBC” during its listing on the New Third Board.