Introduction

The Company was among the early investors to accept the challenge. In view of the development potential of tourism in Shenzhen Special Economic Zone, coupled with our expertise in the field, the Company had submitted proposals to the Shenzhen Municipal People’s Government for the setting up of Duty Free Shop and Shenzhen Golf Club (now “Shenzhen SDG Golf Club”). These Investment plans were approved and the relative undertakings were successfully launched in January 1980 and October 1985 respectively.

Introduction

The Company was among the early investors to accept the challenge. In view of the development potential of tourism in Shenzhen Special Economic Zone, coupled with our expertise in the field, the Company had submitted proposals to the Shenzhen Municipal People’s Government for the setting up of Duty Free Shop and Shenzhen Golf Club (now “Shenzhen SDG Golf Club”). These Investment plans were approved and the relative undertakings were successfully launched in January 1980 and October 1985 respectively.

Background

Longtime Group was founded by Mr Montree Navikapol in Hong Kong in 1972.

Mr Montree Navikapol’s father, the late [ Navikapol] attended the inauguration of the People’s Republic of China in 1949 October 1st in Beijing in his capacity of Leader of [Overseas Chinese].He was appointed as the member of the First Committee of the Chinese People’s Political Consultative Meeting and Vice-Chairman of the First National Overseas Chinese Committee.

Mr Monkol Navikapol in the inauguration ceremony of the People's Republic of China in Beijing, 1949
Mr. Montree Navikapol with Mr. Deng Xiao Ping in the 1990s

History

Longtime has supplied Tobacco products to Shenzhen Duty Free group since 1980, and later to Zhuhai Duty Free group.

As part of the open economic development of China, the first duty free enterprise was established in Shenzhen Luo Wu border in 1979, which is the Shenzhen Duty Free Enterprise today. As the long standing partner of Shenzhen Duty Free, Longtime Group has been in business with Shenzhen Duty Free for over 40 years.

Ties with Thailand

CP Group was introduced to invest in China back in the 1970s by Longtime Group. In 1979, CP Group registered the first foreign enterprise in China with a company registration code “001”.

Mr Montree Navikapol with Thai King in the 1990s
Mr Monty Ngai Fung with CP Group

Shenzhen Golf Club

Our founder, Mr Montree Navikapol, founded the first golf course, Shenzhen Golf Club, in China in [1990].