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Paradise River Silicon Investment's Riverside Service successfully listed on the Stock Exchange

Date: 2019-03-15
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On March 15, 2019, Binjiang Service Group Co., Ltd. (03316.HK) invested by Paradise Silicon Valley was officially listed on the Hong Kong Stock Exchange. He Xiangdong, the chairman of our company, was invited to attend the listing ceremony.

 

Established in 1995, Riverside Service Group is a property management service provider specializing in property management services and value-added services. After more than 20 years of exploration, the Group has accumulated rich experience in services and management, and has won a good reputation in the industry. It has won the No. 1 in Owners' Satisfaction in Hangzhoufor four consecutive years. With the stable support of Binjiang Group and the rapid improvement of market-capacity acquisition capability, the company achieved rapid development. The compound revenue growth rate was 48.3% in 2015-2017, and the net profit compound growth rate was 123.8%, which grew into the leading high-end in the Yangtze River Delta region. Property service provider.

 

Paradise Silicon Valley teamed up with Greentown Service and Dongye Holdings to become the cornerstone investor of Binjiang Service's IPO. In this investment, our company values the broad development space of property management and value-added services behind it. On the other hand, we firmly believe that Binjiang Service can continuously enhance its market position by virtue of its brand and service advantages. Our company will give full play to its advantages in the real estate financial industry alliance, and provide value for the riverside service to graft community service resources and realize resource sharing.

 

As an industrial investor, Paradise Silicon Valley has always adhered to the investment concept of value creation, incremental sharing, and assisted enterprises to become bigger and stronger by providing professional and upstream value-added services in the upstream and downstream of the industry chain. In the future, as the fund manager, our company will continue to adhere to the principle of giving investors priority, aiming at maximizing the investment income under the controllable risk of investors, and continuously expand the strength of the real estate financial industry alliance to further help the expansion of the riverside service area. To help them create value, change value, and enhance value, thus achieving mutual benefit and win-win for listed companies, Paradise Silicon Valley and fund investors.


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