Ausun Wealth Pty Ltd. is a limited-liability company established in September 2010. The company has been principally engaged in the Australian property investment, development and building. Over the past decade Ausun Wealth Pty Ltd have formed strategic industry alliances with developers and investors throughout New South Wales residential property market. Working closely with leading developers, government stakeholders, builders and property investors.

Ausun Wealth Pty Ltd. establishes corporation and funded by China CYTS Tours Holding CO., Ltd. in international trading industry since 2015. China CYTS Tours Holding Co., Ltd was founded in 1980 by China Youth Travel Service, which is directly subordinate to the central Committee of China Communist Youth League. CYTS is a giant enterprise in China’s travel industry but not only travel. CYTS also invests in travel, high-tech product development, venture capital and security business. From 2002 CYTS has listed as China’s TOP 500 enterprise. 

Ausun Wealth Pty Ltd. works for CYTS in Australia merchandise purchase. 

Introduced by CYTS, Ausun Wealth Pty Ltd. start corporate with HBIS Group co.,Ltd 2019. HBIS Group co.,Ltd is a Chinese iron and steel manufacturing conglomerate, also known as Hesteel Group or its Pinyin short name Hegang. HBIS Group co.,Ltd is the second-largest steel producer in the world measured by crude steel output (after European-Indian conglomerate ArcelorMittal) in 2015, according to the World Steel Association. After the announcement of the merger of Baosteel Group and Wuhan Iron and Steel Corporation (WISCO) in September 2016, Baowu Steel Group's pro forma production volume in 2015 would be the second in the world, exceeding Hesteel Group. 

HBIS authorize Ausun Wealth Pty Ltd. with legally binding effect for and in respect of to sign the contract with mine or resources trade companies.

 

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