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The private corporation "Xinjiang Hualing Industry and Trade Group" ("Hualing Group") was founded in 1988 in China, in the city of Urumqi. The company started as a startup with a capital of 5000 dollars and developed into the largest center of retail and wholesale trade and distribution in Central Asia. The main activities include the construction, leasing, and management of shopping centers and wholesale markets, foreign trade, a hotel chain, development projects, energy and livestock projects, and charity. In Georgia, the company began investing in 2007, implementing several major projects, where the volume of invested capital by the end of 2018 amounted to 500 million dollars, and more than 3000 jobs were created.
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