There are a number of factors which QMD International believes to be essential to the Company’s future growth. First and foremost, QMD benefits significantly from cooperation with its various joint venture partners in order to gain local area knowledge, business practice and operational expertise.
QMD is able to rapidly acquire a large array of new projects from its joint venture partners. When sourcing new projects, QMD International is able to utilize its established relationship between its joint venture partners and the local authorities.
In addition to its real estate projects, in 2019 QMD International began the development of an Electronic Commerce Platform. Such a dual-focused business model helps to mitigate QMD’s exposure to potential cyclical and government-policy risks.
QMD’s real estate activities are focused in “third-tier” cities in the Peoples’ Republic of China where there is minimal foreign-invested property developers with significant capital reserves. Consequently, the Company enjoys a less competitive environment than that of first or second-tier Chinese cities.
At the same time, the tier three cities that QMD operates in is comparable in size to many second-tier cities. In The Company’s view, this makes it an attractive—albeit underrated—location, while meeting our investment/return matrix.
QMD International’s developments focus on high-quality projects located at unique and strategically-placed sites. The Company believes that its commitment to choosing outstanding projects will contribute to customer satisfaction, and allow it to establish an excellent reputation in the local market.
The Company enjoys the services of an experienced management team and long-serving personnel, led by its Chairman, Mr. Patrick P.L. Chan, B. Comm., C.A., F.C.P.A., (H.K.)
The people working for QMD International have a tested and proven expertise with real estate and app development; and with The Group’s specific job requirements in particular.