Goldin Properties Holdings Limited (Goldin), formerly, Matsunichi Communication Holdings Limited, engages in property development activities, focusing primarily on the Mainland property market. Goldin has classified its business operations under two segments, namely, Property Development segment and Property Investment segment. It operates its property development and investment businesses principally in Hong Kong. Until 2008, the erstwhile Matsunichi was engaged in developing, manufacturing and selling digital entertainment products. It provided digital consumer electronics and IT products such as Moving Picture Experts Group layer-three audio (MP3) players and portable storage devices. The erstwhile Matsunichi operated its business through three major business lines, namely, development and sales of digital consumer products, property development and property investment activities. Matsunichi operated its business in five geographical segments, namely, Europe, US, Hong Kong, Other region in PRC, and Others. Goldin is headquartered in Central, Hong Kong.