Tianjin Development

In this article we will explore everything related to Tianjin Development, from its origin and evolution to its impact on today's society. Tianjin Development is a topic that has generated great interest and debate in different circles, whether in the academic, social or professional field. Over the years, Tianjin Development has been the subject of multiple investigations and studies that have contributed to expanding our knowledge on this topic. Furthermore, its relevance today makes it a topic of great importance for understanding the world in which we live. Throughout this article, we will examine in detail all the relevant aspects of Tianjin Development and its influence on our daily lives.

Tianjin Development Holdings Limited
天津發展控股有限公司
Company typeState-owned enterprise (Red chip)
SEHK882
IndustryConglomerate
Founded9 May 1997 (9 May 1997)
Headquarters,
Area served
People's Republic of China
Key people
Chairman: Mr. Zeng Xiaoping
ParentTianjin Pharmaceutical Group Co., Ltd.
SubsidiariesTianjin Port Development
WebsiteTianjin Development Holdings Limited

Tianjin Development Holdings Limited or Tianjin Development is a conglomerate engaged in container terminal operations, toll roads, water supply, electric utilities, pharmaceuticals and property development in Tianjin, China.[1] In 2005, Tianjin Development split Tianjin Port Development to be listed on the Hong Kong Stock Exchange.

On 22 July 2015, a subsidiary of Tianjin Development agreed to acquire from Tianjin Pharmaceutical Group Co., Ltd. 67% shares of the issued share capital of Thrive Leap Limited (隆騰有限公司) at a consideration of RMB 2.3 billion. Thrive Leap Limited indirectly holds approximately 51.36% of the total issued A shares in Tianjin Lisheng Pharmaceutical Co., Ltd. (天津力生製藥股份 有限公司), 65% equity interest in Tianjin Yiyao Printing Co., Ltd. (天津宜藥印務有限公司), and 100% equity interest Tianjin Institute of Pharmaceutical Research Co., Ltd. (天津藥物研究院有限公司).[2]

References

  1. ^ Tianjin Development Holdings Ltd.[dead link]
  2. ^ "Major and Connected Transaction" (PDF). Hkexnews.hk. Retrieved 2016-08-27.