Anhui province's commercial arm in Hong Kong, Anhui Co, plans to follow the trend being set by red chips by listing on the Hong Kong exchange in two years. Chairman and general manager Zhou Yude said Anhui Co would have to expand before going public. The company, set up in Hong Kong in 1993, is one of the youngest among numerous mainland window companies in Hong Kong involved in trading, industry and property investments in Anhui. Mr Zhou said Anhui's largest investment project was a department store in Wuhu city and a property development. 'Anhui Co is young and small with a short history,' he said. 'But we would like to list on the stock exchange like other 'brother companies' in order to enhance the prestige of our company and raise funds for future development.' Mainland commercial arms in Guangdong, Guangzhou and Shanghai which have listed part of their business in Hong Kong have become hot Chinese equities for foreign investors. More listings from Beijing, Tianjin, Dalian and Hubei are expected to be processed this year. Two large state-owned enterprises in Anhui have been given approval by China's Securities Commission to float overseas - Anhui Xinji Energy Development and Anhui Ningguo Cement Plant. Anhui province vice-governor Zhang Runxia said the two companies aimed to float their shares in Hong Kong in the first half of this year. She said the two were among the best performers among state-owned companies in the province with good profitability and prospects. 'On the cement project, we may change the idea to list the Hai Luo Cement Group instead of Ningguo,' she said. Hai Luo is Anhui's largest cement group and also the brand name of its product. It is also the holding company of four cement plants in which Ningguo has an annual production capacity of 1.5 million tonnes. Tongling has 1.5 million tonnes, Wuhu has a million tonnes and Baimashan 500,000 tonnes. Ms Zhang said the Hai Luo Cement Group would be more attractive to foreign investors because of its larger asset size. 'The two enterprises aim to use the proceeds through listing for future expansion,' Ms Zhang said. Ms Zhang is leading a 300-strong delegation in Hong Kong at the five-day Anhui Foreign Trade and Economic Co-operation Symposium which opens today.