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In 1992, Nanjing Shangmao Real Estate Development Co., Ltd. was formally established in the spring breeze of reform and opening up. In 1993, Ms. Xiao Mei, chairman of the board of directors, went south to Hong Kong with the Nanjing Investment Group to attract investment. Then, Nanjing Shangmao Century Plaza began to plan and set up. And Xiao Mei, chairman of the board of directors, first proposed the slogan of "first build subway, then build Shangmao Century Plaza Project". From 1993 to 1997, our company successively developed three lanes, Wulao village, Kexiang and other residential projects, which accumulated sufficient original funds for the construction of Shangmao century square. At the end of 1997, the company invested all the funds in the construction of Shangmao century square. In June 2001, Shangmao Century Plaza was grandly capped with a glass curtain wall that can breathe with patented technology; an office network raised floor was used; a Swiss all imported intelligent elevator with a speed of 4-6m / s was introduced into the Nanjing business building; an office space with a net height of more than 2.7m was introduced; a double-layer two-way rotating sightseeing restaurant was set on the top floor. In 2002, in response to the call of Nanjing lighting, the company took the lead in lighting with self raised funds of 3 million, becoming a model of lighting engineering in Nanjing. At the same time of the company's development, in order to promote the reform and restructuring of state-owned enterprises, manage the company structure, and accelerate the process of marketization and specialization. In 2001, with the approval of Nanjing municipal government and the Bureau of Commerce, Nanjing Shangmao real estate development company was successfully transformed into a private enterprise owned by all employees. In 2002, in order to develop the enterprise and make the enterprise bigger and stronger in the fierce market competition, Shangmao Real Estate Co., Ltd. established Nanjing Shangmao Investment Group Co., Ltd. in order to integrate the advantageous resources of all parties, so far the company has opened a new pace of the development of the group, which is also a turning point of Shangmao business. In the same year, "Yunzhong Xiaoya" catering Co., Ltd. was established. It has created a double-layer two-way spinning palace with dual functions of catering and tourism, which has become a beautiful scenery in Nanjing. In 2004, Shangmao real estate contracted to build Jingming Jiayuan phase II affordable housing at a low price of 1602 yuan / m2, becoming a private enterprise that contracted to build affordable housing earlier, and completed the construction task on schedule and with quality guaranteed under the pressure of skyrocketing price of building materials. In the same year, the Group actively responded to the call of "let private enterprises go out", and through three months of hard work, invested and built durastone (Hengyuan stone) import and export processing trade enterprise in Houston, USA. The group also set foot in Chaoyang industry. In 2004, it completed the domestic CTF International Fitness Center, and in March 2008, it took a leap forward step in the chain business model - CTF Nanhu store officially opened. In 2006, the company contracted to build a large-scale affordable housing project in Nanjing - "Nanwan kangjucheng" affordable housing project. The project covers an area of 1800 mu, with a built-up area of over one million square meters, providing 50000 people with high-quality housing. First, the project changed the way of unified operation by the government in the past, was demolished and constructed with the advance funds of Shangmao real estate, and was guided and supervised by municipal governments at all levels and subjective departments, creating a new mode of affordable housing construction. Since the official mobilization at the end of March 2006, the project volume of three or four years under normal circumstances has been completed in just one and a half years. Up to now, 10000 sets of houses in six groups of a, B, C, D, e and F have been delivered for use. At the end of 2008, under the leadership of President Xiao Mei, the company actively responded to the municipal government's task of increasing the construction of indemnificatory housing, and actively undertook the construction of 1000 low rent houses in nanwanying. Now the project is under intense construction. From 2007 to 2008, the group's industry has blossomed in many aspects. In 2007, it established Nanjing companion Island Hotel, Nanjing colorful age catering Investment Management Co., Ltd., and in 2008, it invested in Nanjing Shangmao International Hotel and Nanjing hongdinghui catering Co., Ltd., taking steps to enter the high-end hotel industry and entertainment industry, and combining with the existing industry to form a chain structure, Form a new growth point of enterprises. Now after 17 years of development, Shangmao has grown into a large-scale enterprise group which mainly invests in real estate and integrates various industrial forms. Business scope covers real estate development, property management, foreign trade, building materials, mining, hotel catering, fitness and entertainment and many other fields. It has 8 enterprises, including 1 overseas investment enterprise.

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