On November 15, 2017, Fineland Real Estate Service Group Co., Ltd. (“Fineland RES Group, 08376.HK) was successfully listed on the GEM of HKEX. Fineland RES Group issues 100 million shares at a price of HK$ 0.79 and total proceeds raised is HK$ 79 million.

Fineland RES Group is a professional real estate service organization under Fineland Real Estate Group, a top-100 real estate developer in China. It owns four brands, i.e. Fineland Asset Management, Fineland Real Estate Consultant, Fangyuanbao, Haiyuanbao. The group is headquartered in Guangzhou and extends to the Guangdong-Hong Kong-Macao Greater Bay Area. Its main businesses include property research and consultation, brokerage of primary and secondary properties, comprehensive services (online platform Fangyuanbao, leasing business and one-stop services).

Jingtian & Gongcheng is the PRC legal counsel of the issuer. It helps Fineland RES Group to verify the listing plan and is fully involved in the listing work.