China Union Holdings Ltd. (China)

China Union Holdings Ltd. is a company located in Shenzhen, China. It was incorporated in October 1985 and approved by the Shenzhen Municipal Government to become a listed company in November 1993. On June 17, 1994, it was listed on the Shenzhen Stock Exchange. Since its listing, the company has undergone significant transformations in its main business. It started with a focus on the chemical fiber industry and later diversified into textile and apparel, petrochemicals, and real estate. The company has faced challenges such as cyclic fluctuations in the textile and apparel industry and the impact of the 2008 financial crisis on the petrochemical industry. However, it has persevered by adhering to a development strategy of innovation, hard work, exploration, and progress. The company has successfully adjusted its business policies in response to changes in the operating environment and market conditions. It has made bold decisions and carried out major adjustments to its industrial structure, ensuring a smooth transition of its main business. Currently, the company's main business is comprehensive real estate.