What Moma does

Moma (当代置业 / Modern Land China Co., Ltd., HKEX: 1107.HK) is a Hong Kong-listed Chinese green technology real estate developer founded in January 2000 and headquartered in Beijing. The company develops residential and commercial properties across more than 40 cities in China and internationally (Houston, Vancouver, Seattle), operating through nearly 20 regional subsidiaries and city-level offices with dedicated sales teams for each project. Its flagship product is the MOMΛ System (十大绿色科技系统), a proprietary integrated platform of ten green technology subsystems — including external wall insulation, ground source heat pumps, ceiling radiation heating/cooling, fresh air displacement, sound insulation, high-performance windows, external sun shading, same-floor drainage, smart home automation, and healthy water systems — engineered to deliver constant temperature, humidity, oxygen, and quiet (四恒) living conditions. The system uses validated engineering specifications (e.g., wall thickness over 305mm, indoor humidity 30-70%, noise levels 35-45 decibels, 5,000 tons annual CO2 reduction per project) and incorporates simulation software from British IES, American TRNSYS, and Tsinghua University DEST.

The company's revenue model combines two streams: (1) one-time property development and sales of residential and commercial properties as the primary revenue source, and (2) agent construction management services (代建) for government and third-party projects, providing professional services revenue. Moma distributes properties through dedicated project sales offices across all development cities. The company has built an ecosystem of ten affiliated subsidiaries spanning property management (First Property, listed as First Service Holdings), elderly care (First Care), education (First Education), sports (First Sports), hospitality (Hotel MoMc), apartment rental (MOMC), VR (51VR), co-working (Bigger), living environment technology (First Living Environment Tech), and commercial services (First Commercial). Strategic joint development partnerships include those with Guangming Real Estate (a state-owned enterprise) and IWOWO Group. The company holds China's Grade A (Class One) real estate development qualification and has received multiple international awards including Time Magazine's 2007 World Top Ten Architectural Miracles, CTBUH honors, and US LEED-ND certification.

The company's current operational status is materially stressed. As of March 31, 2026, Moma's shares have been suspended from trading on the Hong Kong Stock Exchange due to delayed publication of 2025 annual results, with subsequent disclosures including an enforcement ruling (May 2026) and ongoing audit non-opinion remediation plans (June 2026). This regulatory distress, combined with the broader Chinese real estate sector headwinds, places the company in a state of significant operational uncertainty while it remains technically in operating status.

Name

Moma

Legal name

当代置业（中国）有限公司

Website

https://modernland.hk

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Moma (Modern Land China, 1107.HK) is a Hong Kong-listed Chinese green technology real estate developer building residential and commercial properties across 40+ cities, featuring its proprietary ten-subsystem MOMΛ green building platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Property Development and Sales: Primary revenue from development and sale of residential and commercial properties across 40+ cities. Revenue generated from property sales, construction management fees, and property services.
2. Construction Project Management (代建): Agent construction management services for government and third-party projects. Revenue from managing development projects for other entities.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Moma (当代置业) develops and sells green-technology residential and commercial real estate properties under the MOMΛ brand across 40+ cities in China plus international markets (Houston, Vancouver, Seattle). The company builds properties integrating its proprietary MOMΛ System of ten green technology subsystems that deliver constant temperature, humidity, oxygen, and quiet (四恒) living environments with smart home integration. The company also operates an agent construction management business (代建项目) managing development projects for government and third-party clients.

Product overview

Moma/当代置业 is a Chinese green technology real estate developer offering residential and commercial properties under the MOMΛ brand. The company's core product is the MOMΛ System (十大绿色科技系统), a proprietary integrated green building technology platform consisting of ten subsystems that deliver constant temperature, humidity, oxygen, and quiet (四恒) living environments. Properties are developed across over 40 cities in China and internationally, including agent construction projects (代建项目) and direct development projects (开发项目).

Differentiator

Problem solved

Functional benefit

Products and services

• MOMΛ Green Technology Residential Properties (开发项目) Self-developed residential and commercial real estate projects built using the proprietary MOMΛ ten-system green technology platform, targeting middle to high-end buyers seeking energy-efficient, healthy, and comfortable living environments with smart home integration across 40+ cities in China and select international markets.
• Agent Construction Management Services (代建项目)

Quantifiable outcome

• Annual CO2 reduction of 5,000 tons per project (Changsha Riverside 200,000 sqm example)
• +4 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• First Care (第壹資產)minorOthersAffiliate company providing asset management services within the Moma ecosystem.
• First Property (第壹物業)coreOthersProperty management subsidiary providing property services to Moma developments. Also operates as First Service Holdings (第一服务控股) listed company.
• First Education (第壹教育)minorOthersEducation services affiliate within the Moma ecosystem.
• First Sports (第壹體育)minorOthersSports and fitness services affiliate.
• Bigger (倍格矽巷)minorOthersCo-working space and innovation platform partner.
• Hotel MoMc (Hotel MoMc)minorOthersHotel brand operating within Moma communities.
• MOMC (摩碼公寓)minorOthersApartment rental management platform within Moma ecosystem.
• First Living Environment Tech (第壹人居)minorOthersLiving environment technology and optimization services.
• First Commercial (第壹商業)minorOthersCommercial property management and retail services affiliate.
• Guangming Real Estate (光明地产)coreStrategic or Co-development PartnerStrategic partnership for joint development projects including Changzhou Guangming Times project, Chongqing Guangming project, and other developments. State-owned enterprise with deep partnership in multiple projects.
• IWOWO Group (我爱我家集团)coreStrategic or Co-development PartnerJoint development partnership for Changsha Ajia project (我爱我家集团联袂钜献), combining real estate development with home services platform.
• Firstcare (第壹資產)minorOthersHealthcare and senior care services platform.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moma