The predecessor of Fujian Holdings Limited was set up in Hong Kong in 1958, and became a listed company (Stock Code: 181) on the Main Board of The Stock Exchange of Hong Kong Limited in 1973.

In 2003, Fujian Investment and Development Company Limited, a company being beneficially owned by the Fujian Provincial Government gained control of the Company and renamed the Company as Fujian Holdings Limited. In December 2015, pursuant to the spirit of the restructuring plan approval arrangement of most of the provincial enterprises of the Fujian Provincial Government, and to enhance the strategic synergy among provincial enterprises so as to play a leading role in the development of the tourism industry in Fujian Province, the major shareholder of the Company was restructured. Nowadays, Fujian Tourism Development Group Company Limited(“FTDC”), beneficially owned by the State-owned Assets Supervision and Administration Commission of Fujian Province, totally holds 68.7% of the issued share capital of the Company through its wholly owned subsidiaries called HC Technology Capital Company Limited and Pinoge Company Limited.

The principal activities of the Company are capital operation, property investment management, hotel management, cross-border financing, financial leasing and piano manufacturing, etc. The Company has adhered to the corporate strategy using investment management and operation management as a core method for achieving continuous value-based growth. On the one hand, the Company has kept seeking assets with healthy profitability and excellent growth potential as long-term investment through investment management. On the other hand, it has established a group-level multi-dimensional operation-supporting system covering among others, brand operation, management information, human resources and supply chain to advance operation efficiency. The Company will strive to seize the opportunity presented by the reform of state-owned assets, give full play to the strengths of Fujian Tourism Development Group Company Limited as “Top 20 advantage Tourism Group in China” and actively seek new breakthroughs in the field of tourism-related and other business areas. Furthermore, the Company will also accelerate the reform in the area of institutional mechanisms, promote the effective integration of the resources by the combination of industry and capital, and integrate the industry chains of hotel, tourism and resource industries. Meanwhile, we will expand into new business formats to achieve diversification of our income sources, so as to further increase our overall asset return and enterprise value.