Type Public Company Headquarters Beijiao, Guangdong, China Founded 1992 | Industry Real Estate, Education Founder Yang Guoqiang Revenue 20.8 billion USD | |
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Area served People's Republic of China, Malaysia, Australia Key people Chairman: Mr. Yang Guoqiang
Largest Shareholder: Miss Yang Huiyan Products Landed & High-Rise Residential, Commercial, Leisure and Hospitality developments Services Property & Facilities Management, Hotel Operations, Schools Stock price 2007 (HKG) HK$ 6.06 +0.31 (+5.39%)7 Mar, 4:09 PM GMT+8 - Disclaimer | ||
Country garden company profile
Country Garden (Chinese: 碧桂園; Pinyin: Bìguìyuán) (SEHK: 2007) is a property development company based in Guangdong Province, China, owned by Yang Guoqiang's family (Chinese: 杨国强; Pinyin: Yáng Guóqiáng). In 2011, it was named one of Forbes Asia’s Fab Top 50 Companies. Country Garden boasts a market capitalization of over US$8 billion as of 2014; with more than 200 high-end township developments throughout China, Malaysia and Australia among its vast international project portfolio. To date, the company has sold properties to over 1,500,000 homeowners and employ above 70,000 people worldwide.
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Jimmie rodgers english country garden
Background
Established in 1992 in Shunde, Guangdong, Country Garden was listed on the Hong Kong Stock Exchange on April 20, 2007, making billionaires of five of its shareholders.
Founder Yang Guoqiang built the company from scratch, having previously worked as a farmer and on construction sites. The company now has interests in property development, construction, fitting and decoration, property management and hotel operations in a wide variety of global markets. In 2014, Country Garden was ranked the 6th largest property developer in China by sales revenue.
In 2005, Yang transferred his shares in Country Garden Holdings Company Limited to his daughter, Yang Huiyan. In October 2007, she was declared the richest woman in Asia by Forbes magazine, with a net worth of US$16 billion. Yang himself remains chairman and chief executive of the company.
What is Country Garden
As a large group enterprise listed on Hong Kong Stock Exchange's Main Board (Stock Code: 2007), Country Garden ranks among "The World's 500 Largest Public Companies" as per Forbes. Country Garden is not just a developer and operator of residential communities, but also constructs and operates green, ecological and smart cities. In 2016, Country Garden's residential property sales exceeded USD43 billion, covered approximately 37.47 million square meters, and ranked among top three real estate enterprises globally.
Country Garden has consistently tried to promote residential civilization. Leveraging a craftsman's professional spirit, and utilizing scientific planning and human-centric design, it aims to build good and affordable housing for the whole world. Such housing typically features complete community public facilities, beautiful landscape design, and safe and comfortable residential environment. Country Garden hasdeveloped more than 700 residential, commercial and urban construction projects globally, and offers its services to more than 3 million property owners.
Country Garden has made steady and strong efforts to promote urban civilization. Country Garden is highly popular in China, but is also gaining a strong position globally, as it is the developer for the 2,000 hectare Forest City in Malaysia's Iskandar Development Region, lying adjacent to Singapore. This is going to be a city with a substantial focus on sustainable development, integrating business, finance, tourism, culture and entertainment. It sets a precedent for construction of a green, ecological and smart city, and serves as a good example for future cities. It won the "Global Human Settlement Planning and Design" award at the United Nations Conference on Housing and Sustainable Urban Development, and was invited to attend the United Nations Climate Conference. With Forest City's development and operation model as the standard, Country Garden is also implementing community construction practices and concepts in Australia, Malaysia, Indonesia, etc.
Country Garden has consistently pursued promotion of global commercial civilization, and has focused on keeping pace with excellent enterprises around the world. It has worked with elites and talents globally; and there are over 400 doctorate degree holders working at Country Garden, who are on the path to become "Future Leaders". Since its establishment, Country Garden has donated more than USD400 million to social causes. All Country Garden employees try to treat people and society right!
We are Country Garden, and we consistently work towards the progress of human society.
Country Garden wishes to make the world we live in a better place!
Overseas Forays
Country Garden’s first overseas venture outside of China is the exclusive Country Garden Danga Bay (CGDB) coastal development in Johor Bahru, Iskandar Malaysia. With Country Garden Danga Bay, the company unseated market expectations by managing to hit a sales figure of US$1.57 billion (MYR5.0 billion) on the day of its official launch. To date, more than 6000 residents from all over the world call Country Garden Danga Bay their home. Similarly, its second Malaysian project in Semenyih, Selangor termed Country Garden Diamond City had 70% of its total units for Phase 1 sold in early June 2014.
In order to support its long term growth strategy in Malaysia, Country Garden Real Estate Sdn Bhd launched a RM1.5 billion Sukuk Murabahah programme in December 2015, with proposed programme tenure of 20 years. Country Garden has become the first China company as well as the first Hong Kong listed company to tap into the ever growing Islamic sukuk market.
Country Garden’s overseas venture in Sydney, Australia also garnered strong sales, with 296 apartments at its Ryde Garden development sold within 6 hours in late June 2014; generating US$169 million (AUD180 million) in the process.
Recent News
On April 2, 2015, Chinese insurance giant Ping An became the second largest shareholder in Country Garden by acquiring 9.9% of the company for US$800 million.