Lai Fung's Subsidiary, LFHQ, Secures Strategic Land in Zhuhai for Development
Lai Fung Holdings Limited, a prominent player in the property development sector, operates through its subsidiary LFHQ, Lai Fung (Hengqin) Development Company Limited. Incorporated in Hong Kong with limited liability, LFHQ plays a crucial role in the development and management of the Novotown project in the Hengqin New Area of Zhuhai City, Guangdong Province, PRC. This project, particularly its Phase I development, is a significant endeavor for the Group, involving innovative construction and operational strategies. As an indirect wholly-owned subsidiary of Lai Fung Holdings, LFHQ is pivotal in the company's ongoing expansion and success in the Chinese real estate market.
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