Established in November 2007, Liuzhou LMZ Property Development Co., Ltd. is a subsidiary of Liuzhou LMZ Co., Ltd., with a registered capital of RMB 100 million. The company’s main business is property development, and it has now obtained the Level-4 qualification for property development. In February 2010, the property development company invested 1 million yuan to establish Liuzhou LMZ Property Service Co., Ltd., a wholly-owned independent subsidiary, which has now obtained the Level-3 qualification for property service.
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