AXF Group
AXF Group was founded in Melbourne in 2005 by the parent company, a Shanghai-based group called Xiangfu. AXF Group is focused on property development in Melbourne and Sydney led by AXF Group Managing Director Richard Gu (Chairman of AXF Resources). AXF is a private company that is funded by parent AXF Group, run by a small team making the transition from mineral investor to explorer to developer.
In 2013 AXF Group diversified into the resources industry and incorporated a subsidiary, AXF Resources Pty Ltd (AXF), for all mineral investments. Since that time, AXF has made substantial investments in the farming of an iron ore project in Western Australia and signing a JV agreement relating to a vanadium-molybdenum project in Queensland.
Their most significant investment is in the Gold Ridge Project in the Solomon Islands. They also are in the development of 180 Russell Street, Melbourne, and the Imperial Doncaster, located at 3 Sovereign Point Court, Doncaster, both designed by The Buchan Group.