Sunrise Real Estate Group, Inc. Announces Board Changes
November 02, 2018 at 02:40 pm EDT
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Sunrise Real Estate Group Inc. announced that it appointed Mr. Lin Hsin Hung to be the Chairman of the Board of Directors of the Company to replace Mr. Lin Chi Jung, who had resigned as Chairman of the Board of Directors. Mr. Lin Chi Jung shall remain as a Director of the Company.
Sunrise Real Estate Group, Inc. is engaged in the provision of property brokerage services. The Company's segments are Property Brokerage Services, Real Estate Development and Corporate. The Company operates in the People's Republic of China (PRC). The Company's services include property marketing, leasing and management services, and real estate development. The real estate property under development consists of residential unit sites, and commercial and residential unit sites under development. The real estate property under development represents the Company's real estate development project in Linyi, the PRC (Linyi Project), which is located on the junction of Xiemen Road and Hong Kong Road in Linyi City Economic Development Zone, Shandong Province, PRC. The project covers a site area of approximately 103,385 square meters for the development of villa-style residential housing buildings. The Company leases its office properties under non-cancellable operating lease arrangements.