JD Capital-Invested Jiangzhuangye Listed on the NEEQ
On April 2, Shenzhen Jianzhuangye Group Co., Ltd. (Jiangzhuangye, 832219), invested by JD Capital, got listed on the National Equities Exchange and Quotations (NEEQ).
Founded in 2001, Jianzhuangye has acquired the National Grade-A Design Certificate on engineering design of both architectural decoration and curtain walls. It mainly provides integrated building decoration services including engineering constructions and designing for public architecture decorations, refined residential decorations (targeted at property developers) and curtain walls.
As one of the leading companies in the building decoration industry, Jiangzhuangye has established strategic cooperation relationships with dozens of large-scale companies dealing in businesses of hotels, banks, schools, clubs, assembly halls, airports, subways, shopping malls, hospitals, office buildings, residential buildings, villas and factory buildings. It has directed or participated in the engineering constructions and decoration designing of several projects such as Jinmao Tower, Shenyang Museum, Kunming Subway Stations, Jiumuwang International Business Tower and the Beauty Crown Seven-star Hotel in Sanya, Hainan. In addition, Jiangzhuangye has ranked among the Top 100 Companies in China’s building decoration industry for several times.
According to the statistics released by the China Building Decoration Association, the total output value of projects in this industry is expected to reach 3.8 trillion yuan with an average annual growth rate of about 12.3% since 2010. China’s rapid development of urbanization brings about huge opportunity for the future development of the building decoration industry.
JD Capital started to hold stakes of Jiangzhuangye in January 2014, making itself the second largest shareholder of the company. So far, 28 JD Capital-invested companies have been listed on the NEEQ.