China Resources Land Explained

China Resources Land Limited
华润置地有限公司
Type:Public
Foundation:1994
Location City:Shenzhen
Location Country:People's Republic of China
Key People:Wu Xiangdong (Executive director)
Area Served:China
Industry:Real estate
Products:Shopping Mall, Residential community, Office
Services:Residential development, Property investment, Value added services
Revenue:HK$14.21bn
Num Employees:31,064 by the end of 2015
Parent:China Resources

China Resources Land Limited is a property developer of China Resources Group. Its business is the development and management of residential and investment properties in Mainland China major cities including Beijing, Shanghai, Shenzhen, Chengdu, Wuhan and Hefei, Hangzhou, Wuxi, Dalian, Ningbo, Changsha, Suzhou, Chongqing and Shenyang.[1] It was listed on the Hong Kong Stock Exchange as red chip stock in 1996.

Through its subsidiaries, China Resources Land is engaged in property development, investment and management, and construction and decoration services. China Resources Land's residential projects include Oak Bay, Phoenix City Phase 3, Phoenix Plaza, The Bund Side, Jade City, Phoenix City, Wuhan Phoenix City, Hefei French Annecy and Wuxi Taihu International Community.

China in 2003 had 123.4 million hectares of cultivated land, 11.1 million hectares of gardens, 234 million hectares of forest land, 263.1 million hectares of grassland, 25.5083 million hectares of land for other agricultural uses, 25.3542 million hectares of land for residential, industrial and mining uses, 2.1 million hectares of land for communication and transportation uses and 3.5653 million hectares of land for water conservancy facilities.

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Notes and References

  1. Web site: China Resources Land (Beijing) Company Limited: Private Company Information - Bloomberg. www.bloomberg.com. 2017-07-27.