Hunan Hengguang Development Group Co., Ltd. was established in 1999. It is a modern enterprise group primarily engaged in real estate development, integrating department store operations, hotel management, automobile sales and services, specialized market operations, modern logistics, and property management. The group currently has 15 subsidiaries with a total registered capital of 260 million yuan. From 2000 to 2002, Hengguang Group developed and constructed the Mawangdui Ceramics and Building Materials New City, a key project of Furong District Government of Changsha City, with a high starting point, high standards, and high speed. Starting from 2003, Hengguang Group, following the principle of "planning-based, high-standard, ecology-focused, and development-oriented," developed the Central South Automobile World, a key commercial project in Hunan Province, in phases. Now, Hengguang Group is actively planning and implementing, with an international perspective and grand vision, a new urban complex centered on Hengguang Happy World, integrating commercial department stores, a five-star hotel, high-grade office buildings, and apartment residences, as well as an international and modern Hengguang International Logistics Park led by a "dry port." In the fierce market competition, Hengguang Group has formed a rigorous, pragmatic, and efficient work style, created a positive enterprise spirit, built a capable and excellent professional talent team, enhanced its ability to navigate the market, formed a set of management models with its own characteristics, and won a good social reputation. The company has been awarded "National Top Ten Automobile Trading Markets" jointly by the Ministry of Commerce, the National Bureau of Statistics, and the All-China Federation of Industry and Commerce; "2011-2012 National Automobile Trading Market Integrity Unit," "2011-2012 National Used Car Trading AAAA-Level Integrity Market," "2013 China Automobile Circulation Industry Outstanding Contribution Award," and "China Tangible Automobile Market Construction and Management Outstanding Market Award" by the National Automobile Circulation Industry Association; "2013 National Auto Parts and Supplies Integrity Market" by the All-China Federation of Industry and Commerce; "Hunan Top 100 Brand Reputation Enterprises" by the Hunan Provincial Government; "Hunan Province Real Estate Honest and Trustworthy Development Enterprise" by the Hunan Provincial Construction Commission; "Hunan Top Ten Commercial Logistics Enterprises" by the Hunan Provincial Department of Commerce; "Trustworthy Enterprise" by the Hunan Provincial Banking Association; "A-Level Integrity Taxpayer" jointly by the Hunan Provincial State Taxation Bureau and the Hunan Provincial Local Taxation Bureau; "Advanced Logistics Enterprise" by the Changsha Municipal Bureau of Commerce; and has been continuously rated as "Changsha Top Ten Commercial Circulation Markets" by the Changsha Municipal Party Committee and Municipal Government since 2004, winning widespread recognition from all sectors of society.
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