A Visionary Leader Joining Bayfancy’s Next Chapter

News

16th-December-2025

Mr. Chen Jiaming

In every era, there are entrepreneurs who shape industries with quiet strength, disciplined strategy, and a long-term commitment to creating lasting value. Mr. Chen Jiaming is one such figure. As a respected industrialist with more than three decades of leadership across education, finance, hospitality, and diversified real estate, his entry into Bayfancy marks a defining moment in the evolution of the project and its ambition to set a new benchmark for luxury living in the Maldives.


A Legacy Built on Discipline, Integrity, and Enterprise

Mr. Chen began his entrepreneurial journey in the early 1990s, building strong, reputable companies in Shanghai, Jiangxi, Fujian, Malaysia, and Singapore. His portfolio includes Shanghai Luhu Asset Management Company, Jiangxi Taiji Investment Development Co., Ltd., Taichi Driving School in Yichun City, Taichi Driving School in Hengfeng County Shangrao City, Jiangxi Changjiang Science and Technology Secondary Vocational School, Jiangxi Yichun Industrial Technical School, Blizzard Beer, and several other well-established enterprises. Today, his domestic fixed assets exceed USD 300 million, with an annual combined revenue of more than USD 42 million. 

One of the most defining characteristics of Mr. Chen’s business legacy is his strong financial discipline. Across more than 30 years of operations, he has maintained a record of zero bank-loan liabilities—a reflection of stable growth, responsible management, and deep trust within the industries he serves.


A Visionary Step Into the Maldives Market

Mr. Chen’s interest in the Maldives began in September 2025, when he undertook nearly three months of careful study of the country’s investment landscape. He identified strong potential in two key sectors closely aligned with his expertise: education and high-quality tourism development. His vision is not only to invest, but to contribute meaningfully to the long-term growth of the Maldives.

To accelerate the establishment of his presence in the country, Mr. Chen selected Bayfancy Residence as his first strategic investment. He recognised in Bayfancy a project shaped by forward-thinking design, disciplined management, and a clear vision for luxury living. Through swift and decisive action, he reached an agreement with the original shareholders in October 2025 and subsequently injected additional capital to strengthen the project’s financial foundation, ensuring timely delivery and adherence to the highest construction and finishing standards for future homeowners and discerning buyers.

For Mr. Chen, Bayfancy represents the beginning of a broader commitment to the Maldives—an entry point from which he intends to continue supporting developments that bring quality, innovation, and long-term value to the local market.


A Partnership Rooted in Confidence and Shared Vision

Mr. Chen’s confidence in Bayfancy stems from two key pillars: the project’s forward-looking architectural and lifestyle planning, and the professionalism of the management and operations team. His investment is not only financial support—it is a strategic endorsement of the project’s potential to become the Maldives’ first true luxury residence.

His continued involvement ensures that Bayfancy is backed by strong financial stability, high-level governance, and the experience of a seasoned entrepreneur who has successfully built and sustained multiple enterprises across Asia.


Looking Ahead: Building a New Standard for Luxury Living

With Mr. Chen’s leadership and support, Bayfancy is positioned to deliver not just a building, but a new chapter in Maldivian residential development. His vision aligns with the project’s commitment to precision construction, thoughtful planning, and energy-efficient, privacy-focused living environments.

As Bayfancy progresses toward its scheduled handover on December 31, 2026, his presence reinforces confidence among future homeowners and partners alike. Through disciplined management, efficient construction coordination, and unwavering commitment to quality, Mr. Chen’s involvement ensures that Bayfancy will stand as a refined, enduring, and truly luxurious home for every resident.

This partnership marks the beginning of a stronger, more ambitious future—where Bayfancy evolves from a development to an icon of modern Maldivian living.


Room 202, Infinity Hub,

Lot 11629 Mirihi Magu,

Hulhumalé Phase 1, 23000, Maldives



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