MDJM LTD was incorporated in the Cayman Islands on January 26, 2018. We conduct our business, as an emerging, integrated real estate services company in China, through our variable interest entity which we control via contractual arrangements, Mingdajiahe (Tianjin) Co., Ltd. (“Tianjin Mingda”). Tianjin Mingda was founded in 2002 and is headquartered in Tianjin, China. We primarily provide primary real estate agency services to our real estate developer clients, and provide, on an as-needed basis, real estate consulting services, and independent training services. In June 2021, we established a joint venture company in the United Kingdom, Mansions Estate Agent Ltd, to engage in asset management business and expand globally.
Our primary real estate agency services offerings include providing primary agency sales services to residential real estate developers at any stages of the development and sale of a residential real estate project. We typically serve large and mid-sized real estate developers or promising emerging local developers in the markets that we operate. Since our inception in 2002, we have been engaged in the sale of 70 unique residential real estate projects.
We also provide, on an as-needed basis, real estate consulting services with respect to any stages or a combination of stages of the development and sale of a residential real estate project. Types of real estate consulting services that we are capable of providing include consulting, marketing strategy planning and strategy, and advertising services and sales strategies. We provide stand-alone real estate consulting services to clients based upon a consulting service plan we created that tailors to each client’s specific challenges and needs.
For our independent training services, we are engaged by existing or prior real estate developer clients to provide independent third-party training services to the primary agency sales agents the developers have engaged.
Through our subsidiaries, namely Xishe, Xishe Xianglin, and Xishe Media, we launched tourism development services in 2018, to provide real estate marketing and planning services, real estate agency services, and advertisement planning services.
Currently, our primary market is in the Tianjin Autonomous Municipality, and since 2014, we have expanded our market presence to other first and second tier cities in China including Chengdu of Sichuan province, and Suzhou and Yangzhou of Jiangsu province.