In April 1993, Yincheng Real Estate , the predecessor of Nanjing Yincheng, was established and was a state-owned enterprise;
In May 1998, the People’s Government of Nanjing Gulou District appointed Mr. Huang as the administrator of Yincheng Real Estate;
In December 2001, Yincheng Real Estate was approved to be restructured into a limited company, and several former employees (including Mr. Huang) became shareholders of Yincheng Real Estate;
In October 2005, the Group entered Wuxi for the first time and developed Shanyu Yincheng.
In September 2009, Yincheng Real Estate established Nanjing Yincheng with a registered capital of RMB 100 million;
In January 2015, the Group entered the Chinese pension market for the first time and build Peaceful Paradise;
In May 2016, the Group entered the Chinese youth residential market for the first time and developed the Kinma Q + Community;
In July 2017, the Group entered Suzhou for the first time to develop Yuan Stream Mansion;
In 2018, the Group entered Hangzhou, Hefei, Maanshan, Zhenjiang and Xuzhou for the first time;
In May 2018, Nanjing Yincheng became a subsidiary of Yincheng International Holdings Co., Ltd.;
In 2019,the Group entered Xuzhou and Taizhou for the first time .
On 6th March 2019, our shares were successfully listed with stock code 1902.HK on the Main Board of the Stock Exchange in Hongkong, introducing new financing channels to the Company which was conductive to the optimization of our financial stucture, enhancement of corporate government and brand influence.
In November, our shares were included in the MSCI China All Shares Small Cap Index.
In December, we successfully issued US$100 million senior notes, which had further expanded our overseas financing platforms.
In 2020, the Group entered Wenzhou and Changshu (a city managed by Shuzhou) for the first time.
In May, the Group was rated by Moody's and Lianhe Ratings Global as having a stable outlook with an issuer credit rating of "B2" and "B+" respectively.
In June and October, the Group successfully issued US$140 million and US$200 million senior notes respectively, which had further strengthen the Group's financing ability.
In year end, the Group achieved a record-high contracted sales amounted over RMB23,200 million.