Wen Leju Finance and Economics Yan Ming Association
Three days ago, Galaxy Holdings' "Galaxy Ji Hotel" opened in Guangzhou, which is the first "Ji" brand hotel owned and operated by Galaxy Group's hotel apartment division, which means that Galaxy Group's hotel territory has expanded again.
It is reported that this is also the first urban lifestyle luxury hotel opened and unveiled by the Galaxy "Ji" brand in Guangzhou.
The hotel business is a part of Galaxy Holdings' diversified landscape. Founded 35 years ago, in addition to the hotel business, Galaxy Holdings' business involves industrial operation, real estate development, business management, equity investment, property services and other fields, all of which are inseparable from Huang Chulong, the soul behind Galaxy.
From a mason to a Shenzhen real estate tycoon, from self-made to sitting on hundreds of billions of assets, Huang Chulong can be regarded as a legend in the real estate industry.
In 1988, Huang Chulong established Shenzhen Jardine Enterprise Company, mainly engaged in business and trade business.
In 1994, Huang Chulong established Shenzhen Xinyi Industrial Development to enter the real estate industry, and successively created a series of products such as Jardine Villa, Xianghe Garden and Galaxy, which began to emerge in the real estate industry in Shenzhen.
In 1999, Jardine Matheson officially changed its name to Galaxy Real Estate
In 2004, Huang Chulong led Galaxy to transform, reducing the share of residential real estate and vigorously entering the field of commercial real estate. In 2006, Galaxy completed the initial layout of the commercial sector with four major commercial projects in Futian (Futian Coco Park, Galaxy Third Space, Galaxy Ritz-Carlton and Galaxy Development Center).
In 2016, Galaxy Holding Group was formally established, covering four major groups: real estate, finance, real estate and industry.
From the perspective of equity structure, Galaxy Holdings is jointly owned by Shenzhen Galaxy Investment*** and Huang Chulong, with a shareholding ratio of 9895% and 105%。Galaxy Investment is 100% controlled by Huang Chulong, and its ultimate beneficial stake in Galaxy Holdings is 100%.
Tianyancha shows that Galaxy Holdings currently directly invests in 14 companies, involving finance, real estate, leasing and business services, culture and sports and other industries. A total of 304 foreign-invested enterprises have penetrated (303 enterprises with normal operation status and 1 enterprise with abnormal operation), and the industry with the largest investment is the real estate industry.
Huang Chulong personally serves as the legal representative of 8 enterprises, of which 4 enterprises are in a state of existenceServed as a shareholder in 7 companies, 5 of which are in a state of existence.
Huang Chulong insisted on not going public. He has a classic saying in the industry: Galaxy should not be a top 500 company, but a 500-year enterprise.
According to the 2022 tracking rating report of Galaxy released by United Credit, in the past three years, the asset-liability ratio of Galaxy has remained at a healthy low debt level of 55%-57%.
In 2011, the insistence on not going public was broken, and in this year, Galaxy Holdings first proposed to go public, and Yao Huiqiong, vice chairman of Galaxy Holding Group, publicly said: "The company will complete the listing before 2015." There will be two sets of plans for listing, one is to list the group as a whole, and the other is to spin off the commercial real estate business and list it separately. ”
At the end of 2015, Galaxy Zhishan Life disclosed the public transfer prospectus, and the spin-off and listing kicked off. On August 4, 2022, Galaxy Zhishan Life was terminated and listed***
During this period, Galaxy Holdings spun off its commercial real estate company, Xingsheng Commercial, and successfully listed on the Hong Kong Stock Exchange on January 26, 2021.
At the same time, Huang Chulong planned the road of wealth inheritance through family trust.
For the second generation, Huang Chulong once said: If they have the ability and are also interested in real estate, they will let them enter the company and start from the grassroots level, and will not give them any preferential treatment.
Huang Chulong has two sons and a daughter, and is relatively low-key in the real estate circle, and his second son Huang Delin has made many public appearances. When building the first main board listing platform of the Galaxy system, Huang Chulong promoted Huang Delin to the helm and became the executive director and chairman of the board of directors of Xingsheng Commercial. The eldest son, Wong Tak On, is a non-executive director of E-Star Commercial and is not involved in the actual operation of the company.
Huang De'an focuses more on the real estate sector. Since February 2008, Mr. Huang has served as the Executive Vice President of Galaxy Holdings, where he is primarily responsible for assisting Galaxy Holdings in its overall operational management.
Daughter Huang Chunling and son-in-law Li Xiaoming also hold key positions within the group. Tianyan check shows that Li Xiaoming serves as the chairman of Galaxy Commercial Investment, and Huang Chunling serves as a director.