Information about EntrepreneurDato Dr. Tony Cheng is the CEO (Engineering and Construction) of Zhong Ao Home Group Limited (Stock Code: 1538). He is a founder of the BMI Group, a mid-sized investment bank in Hong Kong and the Chairman of BMI Technical Consultancy (Resources) Limited.
He has also been serving as a Director in the Asset Management Division and Merger and Acquisition Division of an investment fund since 2005. He has been deeply involved in over 100 IPOs and M&A cases over the last ten years. He has extensive experience in turning research projects into actual business projects through commercialisation or IPOs.
Dato Dr. Tony Cheng was educated in Hong Kong with 8 professional degrees and holds over 20 professional qualifications such as Chartered surveyor, Chartered Engineer and qualified accountant (UK, Australia and Hong Kong). He taught land economics and valuation for Curtin University of Technology and valuation and finance for the University of Hong Kong for over 8 years. He has been investing into over 10 start-up companies.
Other Interesting Facts about EntrepreneurDato Dr. Cheng also serves as Chairman of the Wanchai and Central & Western District Industries and Commerce Association; Honorary President of the Hong Kong Institute of Environmentalists; Chairman of China Institute of Mechanical Engineers; Vice- Chairman of GuangDong Association of Corporate Finance (Hong Kong Branch) and Vice Chairman of the Management and Economics Society of the Canadian Institute of Mining, Metallurgy and Petroleum Hong Kong Chapter.
Dato Dr. Tony Cheng is currently a CPPCC of Huizhou City, People’s Republic of China. He is also a council member of the Financial and Regulatory Affairs Committee of the Chamber of Hong Kong Listed Companies, member of the Environment and Sustainability Committee and council member of the Industrial and Technology Committee of the HKGCC and Director of Hong Kong Guangdong Youth Association.
Dato Dr. Tony Cheng was a Committee member of the China Business Committee and Entrepreneur and Small Business Committee of the Canadian Chamber of Commerce in Hong Kong from 2012 to 2015.
Dato Dr. Tony Cheng received his Datoship in 2017 and currently serves as a committee member of the Industry and Trade Committee of Malaysia Chamber of Commerce, committee member of China Elites Association and Vice Chairman of Youth Commission of Hong Kong Institute of Real Estate Administrators.
Company Achievements and
Dato Dr. Tony Cheng has invested most of his time in developing
the business through vertical integration and horizontal integration
to further develop the size of the Zhong Ao Home Group. Through
his continued contribution, the company’s projects increased
from 167 in 2015 to nearly 600 today. The number of employees
increased from 1,480 to over 9,000 over the same period.
Role as Entrepreneur
Vision, Mission & Future PlansOn 23 June 2020, Greentown Service Group Company Limited, a leading living service provider, announced that the company has conditionally agreed to purchase Zhong Ao Sale Shares from Central Oscar and Decision Holdings. Upon completion, Greentown Service Group held 159,571,300 Zhong Ao Shares, representing approximately 18.67% of the total issued share capital of Zhong Ao, and became the second majority shareholder of Zhong Ao Home Group Limited.
Looking forward, the Group will continue to maintain its position as an independent property management company, with high quality service and operation efficiency, actively establishing stable partnership with leading property developers in all regions, exploring potential new development projects and pursuing properties in China through acquisition of property management companies and other service companies which provide services related to communities. In addition, the company will hold on to its philosophy of stable development by gradually expanding the upstream and downstream industry chain, as well as strategically realigning its industry foothold.