Nam Tai Property Inc.

NTPIF · OTC

Company research

Nam Tai Property Inc. (OTC: NTPIF) is a British Virgin Islands-incorporated holding company that, through its subsidiaries, owns, develops, and operates technology parks and industrial complexes in the People's Republic of China. Founded in 1975 and headquartered in Shenzhen, China, the company focuses on redeveloping parcels of land in Gushu, Bao'an, and Guangming, Shenzhen into advanced technology park facilities, including the Nam Tai Inno Park and Nam Tai Inno City projects. In addition to development activities, the company generates rental income from its properties, highlighted by a recent six-year master lease agreement with state-owned enterprise Shenzhen Anju Leyu Development & Construction Co. Ltd., projected to yield approximately RMB 18 million in annual rental income upon full occupancy. Formerly known as Nam Tai Electronics, Inc., the company rebranded to Nam Tai Property Inc. in April 2014, reflecting its strategic pivot from electronics manufacturing to real estate development and management, and currently trades on the OTC Expert Market with a market capitalization of approximately $285 million USD.