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Hyatt Garden Property Expenses
Oriental Culture Group was established on August, 2005 1 day. It is a wholly state-owned enterprise directly under the State-owned Assets Supervision and Administration Commission of Dongcheng District People's Government of Beijing. The registered capital of the company is 360 million yuan, formerly known as Beijing Oriental Culture and Economic Development Group Co., Ltd., which operates Oriental Culture Hotel, Changpuhe Huangcheng Cultural District, East Second Ring Road Traffic Business District and so on.
Yuanzhou Group started from 1987, and now it has become a national private enterprise group without administrative regions, which integrates investment and management of high-star hotels, real estate development and petrochemical products management. The Group has nearly 20 subsidiaries, subsidiaries and cooperative and joint ventures, among which the hotel industry includes Yuanzhou International Hotel (four-star), Taizhou Garden Villa (four-star), Jiujiang Yuanzhou International Hotel (five-star), Ningbo Yuanzhou Hotel (five-star), Chaohu Yuanzhou Hotel (five-star), Dalian Yuanzhou Hotel (five-star) and several high-star hotel projects under construction. The real estate industry has a number of subordinate development and property management and commercial enterprises, such as Yuanzhou Group Sunshine Real Estate Co., Ltd., Jiujiang Yuanzhou Real Estate Co., Ltd., Jiujiang Xinhu Yuanzhou Real Estate Co., Ltd., Chaohu Yuanzhou Real Estate Management Co., Ltd., Dalian Yuanzhou Tao Dong Real Estate Development Co., Ltd., Baotou Yuanzhou Real Estate Co., Ltd., Taizhou Xindu Real Estate Co., Ltd. and Yuanzhou Group Commercial Operation Management Co., Ltd.; The petrochemical industry includes Linhai Yuanzhou Petrochemical Co., Ltd., Zhejiang Yuanzhou Chemical Raw Materials Co., Ltd. and several chain gas stations. Since the establishment of 1999, the group has successively won "Top 500 Private Enterprises in China", "Top 0/00 Best Enterprises in Zhejiang", "Top 0/00 Growth Enterprises in China", "Top 65,438 Real Estate Development and Management Enterprises in China", "Integrity Management Enterprises in China" and "Corporate Culture Construction in China".
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