Yongchang Real Estate should not be confused with China Everbright Group.
Yongchang Real Estate Group Co., Ltd. also known as Ever Bright Group, is a Chinese real estate company registered in Shijiazhuang, Hebei Province. The Chinese name of the company was formerly known literally as Heibei Yongchang Real Estate Development Co., Ltd. .
Yongchang also has a sister company in Melbourne, Australia, known as Ever Bright Group Pty Ltd. (trading name EBG Developments), which was held by Wang Ziman (90%) and Yuan Wanyong (10%). They were also the shareholder of Yongchang Real Estate Group for 80% and 10% stake respectively. Another shareholder of Yongchang Real Estate Group was Yuan Wanheng for 10% stake.[1]
The group is the major shareholder of Shijiazhuang Ever Bright F.C.[2] [3] In January 2019, the group acquired the remaining 50% stake from other investors.[4]
Yongchang is one of the investors of a joint venture, in Hengshui.[5]