Shanghai Industrial Urban Development Group Limited, formerly Neo-China Land Group (Holdings) Limited, is an investment holding company. The Company is engaged in property development, property investment and hotel operations in the People鈥檚 Republic of China. The Company operates in three segments: Property development, Property leasing and Hotel operations. The Property development segment is engaged in developing and selling commercial and residential properties in the People鈥檚 Republic of China. The Property leasing segment is engaged in leasing office and residential premises in the People鈥檚 Republic of China to generate rental income. The Hotel operations segment is engaged in renting of hotel room accommodation, leasing of commercial shopping arcades and the provision of food and beverage at restaurant outlets and other services and facilities, such as telephone, guest transportation and laundry within hotel premises in the People鈥檚 Republic of China.