Touche Pas à Ma Musique

What Touche Pas à Ma Musique does

Shenzhen Hongfa Investment Group Co., Ltd. (operating commercially as ku九州集团官网 / 宏发集团 / Hongfa Group) is a privately held, family-controlled diversified real estate conglomerate founded in 1981 and headquartered in Bao'an District, Shenzhen. The group operates across five integrated business pillars: industrial park operations (~1.5 million sqm across 6 industrial parks including 宏发科技园, 宏发工业园, 宏发高新园, 宏发高新产业园, 宏发创新园, and 鸿业工业园), commercial operations anchored by the 大仟里 regional shopping center brand (Bao'an and Guangming locations) and 蔚 community retail series, residential development (mixed-use complexes such as Tianhui City at ~91万㎡ plus boutique residences), property management via 深圳市宏发物业服务有限公司 (national first-class qualification, ISO 9001/14001/45001 certified), and hotel operations through the Shenzhen Guangming Hilton Garden Inn (314 rooms) in partnership with Hilton Group. The group controls wholly-owned subsidiaries including 宏源建设 (construction), 宏发商业管理 (commercial management), 宏发物业 (property management), and 宏维投资发展 (industrial operations and investment).

The company employs a full-chain development model spanning planning, investment, construction, marketing, and property management, supported by an in-house BIM technology group (established April 2020) that has won national, provincial, and municipal awards. Revenue mechanics combine one-time residential and commercial property sales with recurring income streams from industrial park leasing, commercial mall operations, property management fees, and hotel operations. The GTM motion is sales-led and direct: residential sales teams target individual buyers, commercial leasing teams secure anchor tenants (notably Yonghui Bravo, UNIQLO, UR, Jinyi Cinema, Porsche, and Suning), and industrial park leasing teams serve manufacturing, technology, and logistics enterprises. The customer base spans residential buyers, commercial retail/F&B/entertainment tenants, industrial tenants, and hotel guests — all concentrated within the Shenzhen market and broader South China / Greater Bay Area regions.

Name

Touche Pas à Ma Musique

Legal name

深圳市宏发投资集团有限公司

Website

https://ads-music.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

1–10 employees

Short description

Shenzhen Hongfa Investment Group is a privately held, family-controlled Shenzhen real estate conglomerate operating across five integrated pillars: industrial parks (~1.5M sqm), commercial shopping centers (大仟里 brand), residential development, property management, and Hilton-branded hotel operations.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Corporate, Subsidiary, and Regional Managing Offices (551114), Residential Property Managers (531311), Management of Companies and Enterprises (55111)

SIC

Operators Of Nonresidential Buildings (6512), Operators Of Apartment Buildings (6513), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Industrial & Logistics Property Management (BPAJAGAC)

akta.pro secondary industries

Multifamily (Apartment) Property Management (BPAJAGAD), Mixed-Use Community Association Management (BPAJAHAF), Commercial/Office Owners Association Management (BPAJAHAG)

Keywords

• Real estate development
• Commercial property leasing
• Industrial park operations
• Property management services
• Hotel operations

Headquarters

HQ city

Shenzhen

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development and Sales: Residential and commercial property development and sales across multiple projects including 天汇城, 光明大仟里, 宝安大仟里, and various residential communities.
2. Commercial Operations: Operation of regional shopping centers (大仟里) and community commercial properties (荟 series), generating rental and management fee income.
3. Industrial Park Operations: Operation and management of approximately 1.5 million sqm of industrial properties including technology parks, industrial parks, and logistics parks.
4. Property Management Services: Property management services through 深圳市宏发物业服务有限公司 with national first-class qualification.
5. Hotel Operations: Hotel operation including Shenzhen Guangming Hilton Garden Inn with 314 rooms and suites.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Hongfa Group (KU九州/KU酷游) is a diversified real estate conglomerate headquartered in Shenzhen, conducting five integrated business segments: industrial park operations (approximately 1.5 million sqm of technology parks, industrial parks, and logistics parks), commercial operations (regional shopping centers under the '大仟里' brand and community commercial '茑' series), residential operations (urban complexes and boutique residences), property management services with national first-class qualification, and hotel operations (314-room Hilton Garden Inn in Shenzhen Guangming). The group operates a full-chain development model from planning and design to investment, construction, marketing, and ongoing property management.

Product overview

九州·酷游集团是以产业服务为根基的多元化综合型企业集团，形成五大核心业务驱动的运营生态：产业运营、商业运营（核心品牌'大仟里'区域购物中心及'荟'系列社区商业）、居住运营（城市综合体及精品住宅项目）、物业服务（具国家一级资质的物业管理）及酒店运营（与希尔顿合作运营酒店）。商业品牌'大仟里'主打品质、多元、人文理念，已在光明区和宝安区运营购物中心；'荟'系列提供社区商业服务。集团同时持有约150万平方米的产业载体（工业园、科技园、物流园），提供产业载体运营、投融资及企业孵化服务。

Differentiator

Problem solved

Functional benefit

Brands

• 大仟里: 集团旗下旗舰商业新品牌，区域型购物中心，秉承品质、多元与人文的三大核心价值内涵
• 荟系列
• 宏源建设

Products and services

• Guangming Daqianli (光明大仟里) Regional Shopping Center A 150,000 sqm regional shopping center located in Guangming District, Shenzhen, featuring retail, dining, entertainment, and lifestyle brands. It features a diversified tenant mix including Yonghui Bravo, Jinyi Cinema, UR, UNIQLO, and various F&B options. Designed for end consumers and brand tenants.
• Bao'an Daqianli (宝安大仟里) Regional Shopping Center Regional shopping center in Bao'an District, Shenzhen, part of the '大仟里' brand portfolio emphasizing quality, diversity, and humanities. Targeted at end consumers and commercial tenants.
• Niao Series Community Commercial (茑系列社区商业) Community commercial series including 上域茑, 嘉域茑, 世纪茑, 领域茑, 宏茑阁, 大世界 - neighborhood retail complexes combining centralized and street-level commercial formats. Designed for community-level retail and F&B tenants serving local residents.
• Residential Development Projects (住宅开发项目) Residential development projects including urban complexes (瑧颐·华府, QCC前城, 天汇城, 宏发世纪城) and boutique residences (壹品松湖, 宏发·雍景城, 圣淘沙·骏园, etc.). Targeted at individual homebuyers and households in Shenzhen.
• Industrial Park Operations (产业载体运营) Industrial park and technology park operations including Hongfa Science Park (宏发科技园), Hongfa High-tech Park (宏发高新园), Hongfa Industrial Park (宏发工业园), Hongfa High-tech Industrial Park (宏发高新产业园), Hongfa Innovation Park (宏发创新园), Hongye Industrial Park (鸿业工业园), and Tangtou Logistics Park (塘头物流园), totaling approximately 1.5 million sqm of industrial property. Provides industrial-investment-financing and enterprise incubation services. Targeted at manufacturing, technology, and logistics enterprises.
• Hongfa Property Management Services (宏发物业服务) Property management services with national first-class qualification, providing security, landscaping, facilities maintenance, and smart property management for industrial parks and commercial complexes. ISO 9001, ISO 14001, and ISO 45001 certified. Targeted at residential communities, commercial complexes, and industrial park tenants.
• Shenzhen Guangming Hilton Garden Inn (深圳光明希尔顿花园酒店) 314-room hotel operated under Hilton Garden Inn brand in partnership with Hilton Group, featuring all-day dining, 400 sqm multi-function meeting rooms, fitness center, and self-service laundry. Located in Guangming District central area.
• Tianhui City (天汇城) Mixed-Use Complex Large mixed-use complex in Guangming District combining commercial, office, and hotel functions with convenient metro access (Lines 6 and 13). Total project scale approximately 910,000 sqm.
• Hongyuan Construction (宏源建设) Engineering Services Engineering construction and building services subsidiary executing the group's construction projects using BIM technology for construction management and design optimization.

Quantifiable outcome

• 光明大仟里开业当天近200家品牌亮相，场内店铺开业率达到100%

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered major and minor.

• 希尔顿集团majorStrategic or Co-development Partner · 18 August 2022由ku九州集团官网与希尔顿集团携手打造的深圳光明希尔顿花园酒店，坐落于深圳市光明区中心地带，酒店共有314间客房及套房。宏发联手希尔顿，促进光明区酒店产业的蓬勃发展。
• 金逸影城majorStrategic or Co-development Partner · 1 December 2017在商业地产品牌发布盛会上，宏发商业与金逸影城达成战略合作，金逸影城作为主力店入驻光明大仟里，约6500㎡，1700余座、全激光放映技术、高配IMAX厅、双巨幕厅。
• 永辉BravomajorStrategic or Co-development Partner · 1 December 2017宏发商业与永辉Bravo达成战略合作，永辉Bravo作为主力店入驻，打造近7000㎡生活大卖场。
• 保时捷majorStrategic or Co-development Partner · 1 December 2017在品牌发布盛会上，宏发商业与保时捷达成战略合作。
• 国际顶级合作伙伴minorOthersku九州集团官网与国际顶级伙伴携手，共创城市美好未来。合作理念为以诚相待、协同务实、发展共赢。

Scale indicators3 records

Recent moves12 records

Expansion highlights4 records

Emerging players

• Country Garden Services Holdings: Chinese property-management services operator with national scale; comparable to Hongfa's national-first-class-qualified property subsidiary as a benchmark for the recurring services segment.

Direct peers

• KWG Group Holdings: Diversified Chinese property developer active in residential, commercial, and office properties with a mixed-use strategy aligned to Hongfa's portfolio approach.
• Agile Group Holdings Limited: Diversified Chinese developer with residential, commercial, property management, and hotel operations, similar breadth to Hongfa's five-segment model.
• Longfor Group Holdings: Operates a similar full-chain model spanning residential development, shopping malls (Paradise Walk), property management, and rental housing, comparable to Hongfa's five-pillar structure.
• R&F Properties Co., Ltd. Chinese developer combining residential, commercial, and hotel operations (including international hotel partnerships), overlapping Hongfa's diversified real-estate-and-hospitality mix.
• Logan Group Company Limited: Shenzhen-headquartered Chinese real estate developer with diversified residential, commercial, and property investment operations, most directly comparable to Hongfa in geography and mixed-use orientation.
• Shimao Group Holdings Limited: Chinese developer combining residential, commercial, and hotel assets, comparable to Hongfa in scale and segment diversification.

Broad incumbents

• China Vanke Co., Ltd. Largest diversified Chinese residential and commercial property developer; relevant broad incumbent for portfolio composition even though much larger than Hongfa.
• China Resources Land Limited: Larger state-backed developer with deep Shenzhen exposure and a strong commercial mall business (MIXC), serving as a benchmark incumbent in the same regional market Hongfa operates in.

Others

• Hilton Worldwide Holdings: Existing Hongfa partner for the Shenzhen Guangming Hilton Garden Inn; comparable as the ecosystem counterparty enabling Hongfa's hotel-operations revenue stream.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/touche-pas-a-ma-musique

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

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