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The Development Course of Huashi Group
Fahrenheit Garment Company was established in 1993. In just three years, the annual sales performance of "Fahrenheit Grand Classroom" men's wear exceeded 60 million yuan. Since then, it has opened the road of rapid development of the group in the future, which is the first milestone of the group's development. During the period of 1998, when the Han brand clothing in Wuhan was in decline, the group resolutely gave up its existing market share, moved to the real estate market, developed the Confucian Garden of Chinese Teachers, and completed a gorgeous turn, which was the second milestone of the group's development. In 2007, after the real estate companies under the Group won the right to develop the Chinatown project, the Group decided to focus on the development and construction of urban complexes, supplemented by businesses, hotels, cinemas, investment, securities and other industries. The Group has also completed the transformation from a single business model to an all-round, multi-field and intensive business model, which is the beginning of the third milestone.
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