Fullshare Holdings
| Company type | Public |
|---|---|
| Industry | Conglomerate, Investment |
| Founded | 2002 in Nanjing, China |
| Founder | Ji Changqun |
| Headquarters | Nanjing , China |
Area served | Global |
Key people | Ji Changqun (Chairman and CEO) |
| Products | Property development and management, education, healthcare, tourism, renewable energy |
Fullshare Holdings Limited is a global conglomerate and investment firm established in Nanjing, China, in 2002. The company became publicly traded on the Hong Kong Stock Exchange in December 2013 after completing a reverse acquisition of Warderly International Holdings Limited. Fullshare maintains operational offices in Hong Kong, Singapore, and Australia, with primary investments spanning property development and management, education, healthcare, tourism, and renewable energy sectors.
History
Founded in 2002 by Ji Changqun (), who currently holds the roles of chairman and CEO, Fullshare Group achieved the rank of 108 among China's top 500 private enterprises by 2010. The firm secured a listing on the Hong Kong Stock Exchange in December 2013 through a reverse takeover of Warderly International Holdings Limited (). Its diversified investment strategy covers property development, education, healthcare, tourism, and renewable energy industries.
Warderly International Holdings Limited had been listed on the Hong Kong Stock Exchange since 18 December 2002 and initially specialized in manufacturing household appliances such as fans and heaters. Although incorporated in the Grand Cayman Islands in 2002 and registered as a foreign entity in Hong Kong that same year, Warderly’s operational activities began in China as early as 1989. The company faced suspension by the Securities and Futures Commission in 2007, which lasted until Fullshare acquired it in 2013.
Businesses
Fullshare’s operations include investments across property development and management, education and healthcare services, tourism ventures, and renewable energy projects.
Property development and investment
The company's real estate assets comprise Wonder City (虹悦城), Yuhua Salon (雨花客厅), Yuecheng Kindergarten (同景跃城幼儿园), Nantong Youshan Meidi Garden Project (南通优山美地花园项目), Huitong Building Project (汇通大厦项目), and Zhenjiang Youshan Meidi Garden Project (镇江优山美地花园项目), collectively covering an estimated gross floor area of approximately 246,588 square meters.
Fullshare manages Wonder City, a shopping mall spanning 100,605 square meters located in Nanjing, China. This venue draws roughly 55,000 visitors daily and features international retailers such as Zara, H&M, Uniqlo, and Apple. Additionally, Fullshare oversees GSH Plaza (previously known as Equity Plaza), a Grade A office building occupying 22,395 square meters situated in Singapore's central business district at Raffles Place. The tower consists of 259 office units alongside retail spaces distributed over 28 floors.
Yuhua Salon is a combined office and retail complex covering 90,031 square meters within Nanjing’s software valley. Developed and managed by Fullshare, this hub accommodates more than 660 software enterprises employing upwards of 150,000 professionals.
The company holds a controlling interest in BaoQiao Partners Capital (寶橋融資) along with affiliated entities such as Absolute Investment Management (寶橋投資管理), a Hong Kong-based financial advisory and asset management firm authorized by the Securities and Futures Commission to conduct securities dealing, advisory services, corporate finance activities, and asset management.
Education and healthcare
Fullshare owns Sparrow Early Learning, a prominent provider of early childhood education services in Australia. Since August 2017, Sparrow has expanded to operate 32 centres across Queensland and Victoria through acquisitions facilitated by All Childcare Sales.
In collaboration with La Cantera Soccer School, Fullshare established Sparrow Soccer School to provide soccer training programs for children aged between three and twelve years. This initiative represents the largest soccer school in Tung Chung with an enrollment exceeding 200 students.
The company is also a major shareholder of Hing Sang Group (Stock Exchange of Hong Kong: 6893), which focuses on marketing and manufacturing healthcare products for children. Together with Hing Sang Group, Fullshare formed a joint venture aimed at developing pediatric hospitals and treatment facilities across Hong Kong and China. Furthermore, Fullshare holds stakes in Mediskin (HKEX: 8307), an operator of two medical skincare centres located in prime areas of Hong Kong specializing in dermatological treatments.
Tourism
Fullshare maintains a stake in Tuniu Corporation, a prominent Chinese online travel agency publicly traded on NASDAQ under the ticker symbol TOUR. Additionally, the company revealed a non-binding memorandum of understanding to obtain an indirect equity stake in Shanghai Joyu, a Chinese online platform specializing in B2C travel services and ticket sales for major tourist destinations across China.
In Queensland, Australia, Fullshare operates the Sheraton Mirage Port Douglas Resort, a luxury 5-star hotel with 295 rooms. The resort boasts four dining venues and an 18-hole golf course, all encompassed within the Mirage Country Club complex, which also offers facilities such as a clubhouse, fitness center, and swimming pool.
Within Singapore, Fullshare oversees the 51,096 square meter ORTO Park (previously known as Bottle Tree Park), recognized as the city-state’s inaugural multi-recreational park accessible 24 hours daily. The park provides picturesque lake views and houses three event spaces: Lakehouse, Stage, and Promenade.
Renewable Energy
In December 2016, Fullshare secured a controlling interest in China High Speed Transmission Equipment Group, a publicly listed firm that manufactures mechanical transmission components primarily used in wind turbines and other industrial applications within China.
Official Education Partner of Inter Milan
In 2018, Fullshare was appointed as the official education partner of Inter Milan Football Club. It launched the Inter Academy program in Australia, delivering soccer training through weekly sessions, after-school activities, and holiday camps located in Queensland.
Official Tournament Partner of the Hong Kong Sevens
Fullshare holds the role of official tournament partner for the Hong Kong Rugby Sevens event.
Criticism
On 25 April 2017, short-seller Glaucus Research Group accused Fullshare of orchestrating "one of the largest stock manipulation schemes trading on any exchange worldwide," which triggered an 11.9% decline in its share price before trading was halted at HK$2.52 per share. In response, Fullshare released a statement on 2 May 2017 to address these claims. Trading resumed on 4 May 2017, with shares closing up by 17.5% at HK$2.96.