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

Vanke Property and Vanke Real Estate are both subsidiaries of Vanke, but the difference is that Vanke Property belongs to the after-sales market and Vanke Real Estate belongs to the pre-sale market.

Extended data:

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.

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.

References:

Baidu Encyclopedia-Vanke Real Estate Baidu Encyclopedia-Vanke Property