Yidi Industrial Consulting and Orange Group announce a full merger

Yidi Industrial Consulting Company (ETC, formerly known as Dai Yuxiang Industrial Consulting Company) and OrangeTee Group announced a strategic merger, aiming to combine the advantages of both parties to build the most comprehensive local real estate service company.

The two companies jointly announced the merger on Monday (February 24). The merger will give full play to Yidi Industrial Consulting’s expertise in corporate consulting and consulting fields, as well as Chengyi’s advantages in real estate technology and extensive brokerage networks, promote the group’s organic growth in Singapore and expand its regional business.

In 2017, Yidi Industrial Consulting's brokerage business merged with OrangeTee Group and established a joint venture OrangeTee & Tie. The newly announced comprehensive merger will integrate the overall business and services on the original basis and release stronger synergies.

The combined group now has more than 520 employees and 2,800 real estate consultants. The new group will be the current president of Yidi Industry Consulting Shen Zhenlun as the group's president, and the current CEO of Chengyi Industry Guo Jianting as the vice president.

“Comprehensive merger is a natural process that strengthens our long-term partnership with Orange Yi, making us more competitive and able to cope with changing market demand while seizing high growth opportunities in the region,” said Shen Zhenlun.

“With a strong brokerage and consulting team supported by advanced real estate technology, we will expand our capabilities to provide innovative and seamless solutions to all real estate industries,” said Guo Jianting.

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