Company Profile
China New City Group Limited, an investment holding company provides the commercial property development and investment for leasing and hotel operations in Mainland China and globally.
Its operations are structured into four segments: Commercial Property Development, Property Rental, Hotel Operations, and Others. The company leases investment properties, including offices and shopping malls
Provides project, project management, industrial investment, film and television, education, rural cultural tourism, wholesale of agricultural products, low-altitude economy, and digital health businesses. Additionally, it owns and operates hotels.
Founded in 1997 and headquartered in Hangzhou, the People's Republic of China, China New City was formerly known as China New City Commercial Development Limited before rebranding in November 2023. China New City Group Limited operates as a subsidiary of Ideal World Investments Limited.