China New City Group Ltd. is an investment holding company, which engages in property leasing, development, and management. The company is headquartered in Hangzhou, Zhejiang and currently employs 1,147 full-time employees. The company went IPO on 2014-07-10. The firm operates its businesses through four segments. The Commercial Property Development segment develops and sells commercial properties in Chinese Mainland and Japan. The Property Rental segment leases investment properties in Chinese Mainland. The Hotel Operations segment owns and operates hotels. The Others segment comprises project management business and other business. The firm mainly operates its businesses in the domestic and overseas markets.