China Overseas Holdings Limited (hereinafter referred to as "China Overseas"), the subsidiary of China State Construction Engineering Corporation (ranked 18th in the "Fortune Global 500" list), was established in Hong Kong in June 1979. Embodying the relentless perseverance and spirit of pioneering entrepreneurs, China Overseas has been participating in the urbanisation and economic and social development in Hong Kong and Macau, and sharing the tremendous opportunity presented by the reform and opening of China. Its efforts here have created a win-win value system with modern cities by forging a whole industry chain of investment, construction, operation and services offering strong competitive advantages, joining hands to strengthen the development strategy of becoming stronger and bigger to achieve outstanding results. China Overseas has five subsidiaries listed on the Hong Kong Stock Exchange: China Overseas Land & Investment Ltd. (HKSE code: 00688.HK), China State Construction International Holdings Limited (HKSE code: 03311.HK), China Overseas Property Holdings Limited (HKSE code: 02669.HK), China Overseas Grand Oceans Group Ltd. (HKSE code: 00081.HK) and China State Construction Development Holdings Limited (HKSE code: 00830.HK) with the total combined market capitalisation of HK$220 billion, establishing renowned brands such as "China Overseas Property", "China State Construction" and "COPL", which are highly involved in national development and they form the integrated capability of coordinating the "two markets and resources in overseas geographies and Mainland China".