Zhuhai Huafa Group Co., Ltd. (hereinafter referred to as "Huafa Group") was founded in 1980 when the Zhuhai Special Economic Zone was established. Huafa Group was listed among the "Top 500 Enterprises of China" for five consecutive years since 2016: in 2020, it ranked 259th, rising 225 places from its first appearance on this list.
At present, Huafa Group is the holding company of five listed companies, including "Huafa Industrial Share", "Huajin Capital", "Huajin Capital (International)", "Johnson Holdings", and "Weiye Decoration", and two companies listed on the National Equities Exchange and Quotations (NEEQ), including "Higrand Technology" and "Zhuhai Leaguer Capacitor". It has cultivated four 3A clusters of the corporate credit rating, which are Huafa Group, Huafa Industrial Share, Huafa Muti-Business Development, and Huafa Investment Holdings Group. All the efforts and achivements have helped Huafa Group increase its influence and appeal in the capital market.
In 2012, Huafa Group implemented the strategy for "transformation and upgrading and leapfrog development". While doing its part in promoting Zhuhai’s development, Huafa Group has steadfastly followed guidance of the real economy and urban construction, and thereby enhanced its strength. By virtue of the unremitting efforts over these years, Huafa Group has realized the transition from a regional real estate enterprise to an innovation-driven comprehensive business group with four core businesses — city operation, real estate development, finance industry, and industrial investment, and two major supporting businesses — trade service and modern service (the "4+2" business model). In terms of the business network, Huafa Group has expanded from Zhuhai to more than 70 major cities of mainland China, such as Beijing, Shanghai, Guangzhou, Shenzhen, and Wuhan, and Hong Kong and Macao of China, as well as overseas places including San Francisco and Tel Aviv.
In 2020, Huafa has made all-out efforts to support the nationwide COVID-19 pandemic prevention and control and the resumption of work and production, while further developing the "4+2" business model in the meantime. In the process of facilitating construction of the Guangdong-Hong Kong-Macao Greater Bay Area and the real economy, Huafa Group has promoted the (1+3) development pattern featuring "technology + city + finance + industry" through comprehensive measures. In 2020, its total assets exceeded RMB 475 billion; the revenue went beyond RMB 110 billion; other main businesses achieved an average growth of more than 10%, realizing the ten-fold increase in eight years.
To usher in a brighter future, Huafa Group plans to vigorously cultivate the three industrial clusters of the city, finance, and industry under the guidance of the "technology +" strategy, of which the urban industrial cluster is the "cornerstone", the finance industrial cluster the "booster", and the industrial cluster the "breakthrough point".By perfectly forming the "1+3" new development pattern, Huafa Group is determined to realize the progress from one of the "Top 500 Enterprises in China" to one of the "Fortune Global 500 companies" and fight its waytowards the great goal of becoming a century-old brand.