09 Mar 2021,
  • HSI:
    28,773.23 232.40 (0.81%)
    11,154.90 -137.32 (-1.22%)
    43,823.92 -1,036.07 (-2.31%)
    146.34 -3.91 (-2.60%)
  • HSCEI:
    11,041.85 27.06 (0.25%)
    4,029.23 -47.93 (-1.18%)
    10,072.88 -130.49 (-1.28%)
    17,013.11 126.63 (0.75%)
HSCI 11,154.9 -137.3
HKSPLC25 43,823.9 -1,036.1
HKSPGEM 146.3 -3.9
HSCEI 11,041.9 27.1
HSCCI 4,029.2 -47.9
HSFML25 10,072.9 -130.5
H-FIN 17,013.1 126.6
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Ground International Development Limited (00989.HK)

Real Estate
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2020 (IR)
2019 (AR)
2019 (IR)


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Established in 1990, Ground Properties Company Limited (formerly known as China Motion Telecom International Limited) ("Ground Properties", together with its subsidiaries, collectively referred as the "Group") has been listed on the Main Board of The Stock Exchange of Hong Kong Limited (stock code: 989) since 1997.

The Group is primarily engaged in property development and management business, property investment, as well as retail sales and management services. In respect of the property development and management business, the Group completed acquiring 35% equity interest in the property project in Changbaishan, Jilin Province, the PRC, in October 2013 and securing management rights for the project. This integrated-property project is expected to be developed into an upscale resort consisting of a six-star hotel, theme park, villa and residential apartments. Acknowledging the increasing importance of the property investment business, the Group has designated it as a separate business segment in September 2013 and its current investment properties are all situated in Hong Kong. With regards to retail sales and management services, the Group operates 21 retail stores in Shanghai that provide telecommunications equipment and management services.
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Ms. Cui Xintong - Executive Director

Ms. Cui Xintong, joined the Company in March 2015 as the business development director of the Company. She is the controlling shareholder of the Company and also a director of various subsidiaries of the Company. Ms. Cui is responsible for exploring new business opportunities, formulating business plans and executing systematic prospecting, maintaining relationships with existing and potential business partners, developing, coaching and managing a team to deliver professional service and ensure business sustainability. Ms. Cui was an assistant president of 廣澤投資控股集團有限公司 (Ground Investment Holding (Group) Limited, a related company established in the PRC), from September 2013 to February 2015. Ms. Cui obtained her Bachelor degree of Science in Business Administration from Northeastern University, Boston, USA in August 2013.

Ms. Ji Ping - Executive Director

Ms. Ji Ping (“Ms. Ji”), has solid experience in Administrative and over 20 years of experience in purchasing and financing section. She joined the Group in February 2011 and was appointed as an assistant president of 廣澤地產集團股份有限公司(Ground Real Estate Group Company Limited*, and indirect wholly-owned subsidiary of the Company) in May 2015. She is responsible for the functions of tendering, purchasing, human resources and administrative management of the Group. Prior to joining the Group, Ms. Ji was the purchasing director of 廣澤乳業有限公司 (Ground Dairy Company Limited*), being responsible for the purchasing management function from September 2001 to February 2011. Ms. Ji completed her study in financial accounting from Jilin Radio and TV University (吉林廣播電視大學), the PRC in July 1998. Ms. Ji is an aunt of Ms. Cui Xintong (the controlling shareholder of the Company and the chairperson of the Board).

Mr. Tsang Hung Kei -

Mr. Tsang Hung Kei, was appointed as an independent non-executive director of the Company, a member and chairman of Audit Committee and a member of Nomination Committee and Remuneration Committee. He has more than 20 years of experience in financial management and reporting and corporate governance. He is a fellow of the Association of Chartered Certified Accountants, a fellow of the Hong Kong Institute of Certified Public Accountants and a fellow of the Institute of Chartered Accountants in England and Wales. Mr. Tsang had years of working experience in an international accounting firm and is currently the chief financial officer of Pak Fah Yeow International Limited (stock code: 239), a company listed on the main board (the “Main Board”) of the Stock Exchange and an executive director of its major subsidiaries. Mr. Tsang is also an independent non-executive director of China Success Finance Group Holdings Limited (stock code: 3623) and China Wah Yan Healthcare Limited (Stock code: 648), the issued shares of both of which are also listed on the Main Board. Mr. Tsang obtained a bachelor’s degree in computer science and accounting at the University of Manchester, United Kingdom in 1994.

Mr. Zhu Zuoan - Independent Non-Executive Director

Mr. Zhu Zuoan, has over 35 years of experience in banking industry. He had served as section chef, vice president, president or general manager in Agricultural Bank of China (Jilin Province Branch), Agricultural Bank of China (Tonghua City Centre Sub-Rranch) and various branches of Agricultural Development Bank of China from 1980 to 2014. Mr.  Zhu  has  served  as an executive director of 上海會晟投資管理有限公司 (Shanghai Hui Cheng Investment Management Limited*) since 2017. Mr. Zhu graduated from Jilin College of Finance and Trade(currently known as Jilin University of Finance ics) majoring in Agricultural Financing in 1984 and obtained qualification of the research  course  in Economic  Management from 中共吉林省委黨校 (Party School of ChineseCommunist Party of Jilin Province*) in 2008. He has also obtained the qualification of senior economist granted by the Agricultural Bank of China.

Mr. Wang Xiaochu - Independent Non-executive Director

Mr. Wang Xiaochu, has more than 20 years of experience in the legal profession in business investment, financing and mergers and acquisitions. He has served as corporate legal counsel for a number of sizeable companies since 2007, such as Jilin Investment Group, Jilin Cultural Industry Investment Holding (Group) Company Limited, etc. He is also currently a legal advisor to the Jilin Provincial Government, a decision-making advisory committee member of the Jilin Provincial Government, and a member of the 13th CPPCC National Committee of Changchun. Mr. Wang graduated from the China University of Political Science and Law in 1985 and was qualified as a Chinese lawyer in 1988. He has also published various academic theses on the theory and practice of Civil and Commercial Law.

Mr. Cong Peifeng - Non-Executive Director

Mr. Cong Peifeng, has over 17 years of experience in tourism management and hospitality management.He has been the deputy general manager of the administration and human resources department of 廣澤投資控股集團有限公司 (Ground Investment Holding (Group) Limited*) since 2016, and has been a distinguished lecturer of tourism management profession at  Changchun  Vocational  Institute  of  Technology  since  2014. Mr. Cong had served as supervisor, deputy manager or manager of different departments in South Lake Hotel from 2002 to 2016. He received a Bachelor’s Degree in Economics from Changchun University in 2000 and graduated from the postgraduate programme of Tourism Economic of Shanghai Academy of Social Sciences in 2002.

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Listed Date 20 Oct 1997

Address Room 1305, 13th Floor, China Resources Building, No.26 Harbour Road, Wanchai, Hong Kong

Telephone (852) 2209 2888

Facsimile (852) 2209 2988

Email ir@chinamotion.com

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