【www.cnr.com 】Color Life Services Group & Goocoo Investment Group have Achieved Strategic Cooperation

According to www.cnr.com,GooCoo Investment Group and Color Life Services Group [HK01778] held a joint press conference in Shengzhen on December 1, 2016, announcing that both parties shall jointly promote the development of C-House project in east China in line with the principle of equality and mutual benefit, as well as complementary advantages. According to the report, nearly 30 financial institutions, real estate companies and third-party enterprises have participated in the C-House project as the community welfare housing project in the era of “Internet+”, which was launched by Color Life Services Group on June, 30, 2016. It aims to enter into the consumer house buying and selling links by integrating such resources as real estate, mortgage and community service beforehand to share profits with buyers. Thus, buyers enjoy the high-quality property while getting rebate in cash, and their house-purchasing pressure reduces.

Data show that in terms of project implementation, C-House buyers shall choose different house-purchasing plans according to their own demands, get 50% of housing price rebate at most in the form of coupon in the first 10 years of making payments on their homes. Coupons can be used in Color Life Services Group’s App, namely, Color Life, including clothing, catering, living, transportation, entertainment, shopping, travel, etc.

As of June 30, 2016, C-House project has been established in more than 40 cities and regions in Guangdong, Hubei, Henan, Hunan, Guangxi, Jiangsu, Jiangxi, Fujian and Shanxi, and realized the transition from “One-time Sale of House” to the multi-operating pattern of “Real estate + Finance + Service”. Thus, the pattern not only helps the buyers to buy a house, but effectively completes the “destocking” of houses in cities. Therefore, with the continuous development of C-House project, the commercial operating pattern is becoming more and more popular among consumers, real estate developers and third-party enterprises.

This time, GooCoo Investment Group and Color Life Services Group have entered into a long-term strategic cooperative partnership, focusing on real estate projects of GooCoo Investment Group, such as Yilitangong, Goocoo Center, Suzhou Goocoo Plaza, Huaibei Goocoo Plaza, Wuwei Zhongyangcheng, Binhu Guanhu Garden, Jingshang Trade City and Xuancheng Goocoo Plaza. Both parties shall analyze technology and capital potential of real estate projects, and customize C-House (including C-shops, C-parking lots, C-apartments, etc.) by adjusting measures to local conditions and combining with the characteristics of real estate industry in east China. Later, both parties shall launch health houses, debt claim service and other cooperative items.

Tang Xuebin, CEO of Color Life Services Group, said in the press conference, Goocoo Investment Group, founded in 1993, has an over-20-year history, and is a comprehensive, international enterprise engaging in medical education, intelligent manufacturing, modern finance and real estate industry. The Group had total assets of RMB 37.8 billion yuan in 2015 and annual revenue of RMB 18.5 billion yuan, owned the listed company SiErTe [stock code: 002538], and ranked Top 50 China’ real estate developers and Top 100 China’s private enterprises, with long-term credit rating AA. It has an area of construction and operation of more than 20 million m² and is a well-known brand enterprise in the industry.

Apart from property, Goocoo Investment Group has carried out an extensive cooperation with Color Life Services Group in terms of C-House project. Both parties shall jointly launch C-House project based on cooperative projects such as Yilitangong, Goocoo Center, Suzhou Goocoo Plaza, Huaibei Goocoo Plaza, Wuwei Zhongyangcheng, Binhu Guanhu Garden, Jingshang Trade City and Xuancheng Goocoo Plaza. And we believe that this will lead to an important layout of Color Life in Anhui Province.

Zhang Ronghua, Deputy Chairman of Goocoo Investment Group and President of Real Estate said, as No. 1 community service operator in China, Color Life Services Group takes the lead in the intelligence community development, and C-House projects launched in Huizhou, Chengdu, Changsha and other places have received a good response from the market. The pattern of Color Life has strong market competitiveness and prospective development. Goocoo Investment Group hopes to take the opportunities of cooperation with Color Life Services Group, relying on Color Life Internet + community service platform and resources, to further complete transition and upgrading of the real estate industry and improvement of community ecosystem services. At the same time, according to C-House cooperation between Goocoo Investment Group and Color Life Services Group, the insider argued Color Life just completed the interconnection on the online platform between Yingwan Group and I KEY, and achieved the influence of App Color Life and extreme expansion of its coverage. This time, C-House project online implementation also relies on App platform Color Life, inevitably adding vibrancy to Color Life in the process of creating an intelligence community.

Signing Ceremony of C-House Cooperation between Goocoo Investment Group

 & Color Life Services Group