China Sinostar Group Company Limited is an investment holding company engaged in property development and sales in the People's Republic of China. It operates through four segments: Properties Development, Properties Investment, Properties Management, and Hydroelectric Power Business. The company also operates and manages hydroelectric power stations, conducts property investment and management, and engages in clean energy. Formerly Shihua Development Company Limited, it changed its name to China Sinostar Group Company Limited in October 2016. Incorporated in 1989, it is based in Tsim Sha Tsui, Hong Kong, and is a subsidiary of Achieve Prosper Capital Limited.