The Company is primarily an investment holding company, with a stated strategy of focusing its management and financial resources on its core businesses of property development, property investment and financial services together with property related services and other investments. The Company's property development and property investment in Mainland China are mainly conducted through its 56.94% owned subsidiary, Tian An China Investments Company Limited ("TACI"). The Company's property investment in Hong Kong are mainly conducted through certain wholly-owned subsidiaries of the Company, the Company's 50% joint venture, Allied Kajima Limited and TACI's 74.98% owned subsidiary, Asiasec Properties Limited. Tian An Medicare Limited (formerly known as China Medical & HealthCare Group Limited), a 51.20% owned subsidiary of TACI, is engaged principally in operation of healthcare, hospital and eldercare business in Mainland China. The Company's financial services business is mainly conducted through its 73.50% holding in Sun Hung Kai & Co. Limited ("SHK") as well as SHK's effective 62.74% holding in United Asia Finance Limited. APAC Resources Limited, being an associate of the Company, is engaged in strategic investment, resource investment and commodity trading. The Company's property management, elderly care services and logistics services businesses in Hong Kong are mainly conducted through its indirect wholly-owned subsidiary, Allied Services Hong Kong Limited.

(update as of 15th April, 2024)