Sino Ocean Land Holding Limited
32nd FL, Tower A, Sino Ocean International Center, 56 East 4th Ring Middle Road, Chaoyang District, Beijing, 100025, China
Overview
Sino-Ocean Group, was founded in 1993, and listed in main board of Hong Kong Stock Exchange (Stock Code: 03377) on September 28, 2007. As of June 30, 2017, Sino-Ocean Group has issued about 7.5 billion capital stocks in total, with its main shareholders being China Life Insurance Company Limited and Anbang Insurance Group Co., Ltd. By now, Sino-Ocean Group has been elected by Hang Seng Indexes Company Limited as the constituent stock of a series of indexes, including Hang Seng Composite Index (HSCI), Hang Seng Composite Index - Properties & Construction, HS China (HK-listed) 100 Index, HS Composite MidCap Index, Hang Seng Global Composite Index, MSMPI and Hang Seng High Dividend Yield Index. Sino-Ocean Group is on a mission to “create a highly qualified environment for mid-to-high end urban residents and high-end customers” and committed to becoming an investment and financing group with leading industrial investment capability based on excellent real estate and industry, with the business scope covering mid-to-high end residential development, development, investment and operation of urban complexes, office buildings, property management service, community O2O service, pension industry, medical industry, long-term rental apartment, real estate funds, equity investment, asset management and overseas investment.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Financial Services
- Property Development
- Property Management
- Real Estate
Investment portfolio
- Whales English Elite Education
Led · Series B · Feb 2020
Whales English is an online K-12 English education brand offering group classes that develop listening, speaking, reading and writing skills. The curriculum emphasizes intensive reading and heuristic teaching by English-speaking teachers, uses original American textbooks, and operates a “Three-fixed model” (fixed teacher, fixed students and fixed schedule). Led by CEO Tom Wu, the company serves over 1 million cumulative students. Current monthly revenue is 150m yuan. The company plans to use new funding to cater to different age groups, launch larger group classes and improve product effectiveness. Its core product is focused on taking students from no skills to full competency and proficiency through structured group instruction. Whales English provides online group English classes for K-12 students, using native English-speaking teachers and original American textbook material. The company implements a “Three-fixed model” (fixed teacher, fixed students and fixed schedule) to support listening, speaking, reading and writing instruction from beginner levels. It targets students aged 3–18 and is led by CEO Tom Wu. Whales English intends to use new funding to improve product quality and service efficiency. Through commercial operations the company achieved positive cash flow in only ten months and reported net cash flow throughout 2019.