What is the relationship between Vanke Property and Vanke Real Estate?

Vanke Property came into being in Vanke's real estate development business, but with the growth of Vanke Group, Vanke Property and Vanke Real Estate broke away from the administrative relationship and are now two independent and parallel companies.

Extended data:

Vanke Property (full name: Vanke Property Development Co., Ltd.) is a holding subsidiary of Vanke Enterprise Co., Ltd., focusing on six business units: residential property services, commercial property services, developer services, asset services, building intelligent services and customer-based mobile Internet terminals. ?

Vanke Enterprise Co., Ltd., established in May 1984, is one of the largest professional residential development enterprises in China. 1988 entered the real estate industry, 199 1 became the second listed company in Shenzhen Stock Exchange. After more than 20 years of development, it has become the largest residential development enterprise in China, covering the Pearl River Delta, the Yangtze River Delta, the Bohai Economic Circle and the central and western regions, covering 53 large and medium-sized cities. The average annual residential sales scale is over 60,000 sets.

References:

Baidu encyclopedia-Vanke real estate

? Baidu encyclopedia-Vanke property