Top Spring

The Group owns about 14.9% of Top Spring as at 31 March 2020.

The Top Spring Group is specialised in the development and operation of urban mixed-use communities and the development and sale of residential properties in the Greater Bay Area, the Yangtze River Delta, the Central China, the Beijing-Tianjin and the Chengdu-Chongqing regions in the People's Republic of China (the "PRC").

As at 31 December 2019, the Group had a total of 19 projects over 10 cities in various stages of development, including an estimated net saleable/leasable gross floor area (“GFA”) of completed projects of approximately 331,012 square metres (“sqm”), an estimated net saleable/leasable GFA of projects under development of approximately 121,548 sqm, an estimated net saleable/ leasable GFA of projects held for future development of approximately 30,494 sqm and an estimated net saleable/leasable GFA of projects contracted to be acquired or under application for change in land use of approximately 29,534 sqm, totalling an estimated net saleable/leasable GFA of approximately 512,588 sqm.