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Chinese real estate company From Wikipedia, the free encyclopedia
Yongchang Real Estate Group Co., Ltd. (Chinese: 永昌地产集团有限公司) also known as Ever Bright Group, is a Chinese real estate company registered in Shijiazhuang, Hebei Province. The Chinese name of the company was formerly known literally as Heibei Yongchang Real Estate Development Co., Ltd. (Chinese: 河北永昌房地产开发有限公司).
Yongchang also has a sister company in Melbourne, Australia, known as Ever Bright Group Pty Ltd. (trading name EBG Developments), which was held by Wang Ziman (Chinese: 王子曼, 90%) and Yuan Wanyong (Chinese: 袁万永, 10%). They were also the shareholder of Yongchang Real Estate Group for 80% and 10% stake respectively. Another shareholder of Yongchang Real Estate Group was Yuan Wanheng (Chinese: 袁万恒) for 10% stake.[1]
The group is the major shareholder of Shijiazhuang Ever Bright F.C.[2][3] In January 2019, the group acquired the remaining 50% stake from other investors.[4]
Yongchang is one of the investors of a joint venture, 永昌威秀(衡水湖)国际文旅度假区 in Hengshui.[5]
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