The company was set up in 1996 with a registered capital of USD 6.5 million. It is to develop the Xiamen International Cultural Building (XICB) on a joint venture basis with the Xiamen Cultural Book Centre Co., which is a Chinese State owned corporation.

The project site is located at the main crossroads of Hubin Nan Road and Huming Road, the commercial and financial hub of Xiamen City. The project was started on 31 December 2004. The latest development is a twin tower :-
- a 29 storey building of commercial offices and service apartments
- an 18 storey building of residential apartments




This is a 2 ½ year development project with data as follows :-
- Total built-up area is estimated at 53,000 metre square
- Plot ratio 6.67
- Building density 35%
- Landscape / Green area ratio 32%

Once completed, the building would be the landmark to promote cultural and arts related products, and our anchor tenant would become the largest book center in Xiamen.

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