---
title: "HBL INDUSTRIES DEVELOPMENT CO., LTD. — Ownership Dossier"
canonical: https://whiteintel.dev/entity/e1d0939a-6e6f-552d-9cd5-e47260aff9dd
json: https://whiteintel.dev/api/public/dossier/e1d0939a-6e6f-552d-9cd5-e47260aff9dd
identifier: icij:icijol-10014264
jurisdiction: HK
risk: Medium
source: WhiteIntel corporate-ownership graph
---

# HBL INDUSTRIES DEVELOPMENT CO., LTD.

**Type:** Company  
**Jurisdiction:** HK  
**Identifier:** `icij:icijol-10014264`  
**Risk level:** Medium  
**Canonical dossier:** https://whiteintel.dev/entity/e1d0939a-6e6f-552d-9cd5-e47260aff9dd  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/e1d0939a-6e6f-552d-9cd5-e47260aff9dd  

## Ownership & control

### Owners / controllers

- **LI XUEJIAO** (shareholder of) — https://whiteintel.dev/entity/07a00c3f-061d-53b5-a00a-ec5f219a5b3a

### UBO chain (walk to the ultimate owner)

1. **LI XUEJIAO** — shareholder of → *HBL INDUSTRIES DEVELOPMENT CO., LTD.*

## Provenance

- ICIJ Offshore Leaks — https://offshoreleaks.icij.org/nodes/10014264

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **HBL INDUSTRIES DEVELOPMENT CO., LTD.**. Human view: https://whiteintel.dev/entity/e1d0939a-6e6f-552d-9cd5-e47260aff9dd · Structured JSON: https://whiteintel.dev/api/public/dossier/e1d0939a-6e6f-552d-9cd5-e47260aff9dd._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._