ying li gains shareholders’ approval to bring in everbright as its second largest and strategic shareholder
business related 02 sep 2014
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2 september 2014 – ying li international real estate limited (“ying li”), a prc property developer listed in singapore held an extraordinary general meeting and gained the approval from a large majority of shareholders to bring in everbright hero holdings limited (“ehhl”), an indirect wholly-owned subsidiary of china everbright limited (“everbright”) as its second largest and strategic shareholder. ehhl will invest approximately s$284 million (equivalent to approximately hk$1.76 billion) in ying li, through subscription of new shares and perpetual convertible securities.
everbright aims to leverage on the strategic partnership to further develop its asset management platform and real-estate asset management products. the cooperation facilitates the development of ying li and also allows everbright’s real estate fund to enter into chongqing’s prime property projects , as well as to bring ying li into the property markets of other first-tier and the leading second-tier cities in china, hong kong and overseas.
for more details, please refer to the announcement:
about ying li
ying li international real estate limited is the first chongqing-based property developer to be listed in singapore. ying li is engaged in the development, sale, rental, management and long-term ownership of high-quality commercial and residential properties in prime locations in chongqing.
“chongqing yingli” is a recognisable brand name in chongqing for quality, innovation and excellence in commercial property development, and is well-positioned to capitalise on the growing market in chongqing. established in 1993, ying li has a solid track record in urban renewal, having transformed old city areas into high-quality and premier-design developments. ying li has modernised the landscape of chongqing’s main business districts with the development of several landmark commercial buildings, such as new york new york, zou rong plaza, future international and ying li international financial centre.
over the years, ying li has earned numerous awards and accolades such as the chongqing real estate development industry trustworthy brand award (highest aaa category).
for more information of ying li, please visit .
everbright aims to leverage on the strategic partnership to further develop its asset management platform and real-estate asset management products. the cooperation facilitates the development of ying li and also allows everbright’s real estate fund to enter into chongqing’s prime property projects , as well as to bring ying li into the property markets of other first-tier and the leading second-tier cities in china, hong kong and overseas.
for more details, please refer to the announcement:
about ying li
ying li international real estate limited is the first chongqing-based property developer to be listed in singapore. ying li is engaged in the development, sale, rental, management and long-term ownership of high-quality commercial and residential properties in prime locations in chongqing.
“chongqing yingli” is a recognisable brand name in chongqing for quality, innovation and excellence in commercial property development, and is well-positioned to capitalise on the growing market in chongqing. established in 1993, ying li has a solid track record in urban renewal, having transformed old city areas into high-quality and premier-design developments. ying li has modernised the landscape of chongqing’s main business districts with the development of several landmark commercial buildings, such as new york new york, zou rong plaza, future international and ying li international financial centre.
over the years, ying li has earned numerous awards and accolades such as the chongqing real estate development industry trustworthy brand award (highest aaa category).
for more information of ying li, please visit .
