Mingsheng Group

Mingsheng Group is a large cross-regional composite investment group company headquartered in Shenzhen, China. The Group has three major sub-groups: Urban Development Group, Urban Renewal Group, and Industrial Investment Group. Over the past 20 years, the Group has focused on urban renewal and transformation, and has successfully operated multiple premium projects including Xiamen's "Jiayuan Xinghe", "Minghui Plaza", "Xiamen Bay", Changsha's "Mingsheng Yicheng", and "Wanjia City". In the process of successfully developing multiple premium real estate projects, Mingsheng Group has gradually established an advanced corporate management system, accumulated rich project operation experience, and built a strong brand reputation. In 2017, it entered Shenzhen and settled the Group in Shenzhen. Currently, its contracted area for old residential community renovation in Shenzhen ranks among the top in the city. Meanwhile, the Industrial Investment Group integrates venture capital and financial resources to actively support equity and debt financing for "specialized, refined, distinctive, and innovative" enterprises in Shenzhen. The Group operates steadily. As of the end of December 2021, its asset-liability ratio was as low as 33%, net debt ratio was 8.6%, and cash-to-short-term-debt ratio was 4.6 times.