What does Vanke do?

Vanke Enterprise Co., Ltd., referred to as Vanke or Vanke Group for short, its stock is referred to as Vanke A with stock code 00002, and its stock was once referred to as Shenzhen Vanke A and G Vanke A. The total share capital of the company is 109952 10200 shares (in the second quarter of 2008). Its headquarters is located in Vanke Center, No.33 Huanmei Road, Dameisha, Yantian District, Shenzhen City, China. The current chairman is Wang Shi and the general manager is Yu Liang.

Vanke 1988 entered the real estate industry. After more than 30 years of development, it has become a leading real estate company in China. At present, its main business includes real estate development and property services. By the end of 20 15, the company has entered 66 cities in Chinese mainland, which are located in Guangzhou-Shenzhen area with the Pearl River Delta as the core, Shanghai area with the Yangtze River Delta as the core, Beijing suburb area with the Bohai Sea as the core, and Chengdu-Chongqing area composed of central cities in the central and western regions. In addition, the company began to try overseas investment on 20 13, and has now entered five overseas cities, including Hongkong, Singapore, San Francisco, new york and London, to participate in 10 real estate development projects.

In 20 15 years, the company achieved a sales area of 2067 1 10,000 square meters and a sales amount of 26147 million yuan, which increased by 14.3% and 20.7% respectively, and its market share in the country rose to 3.00%.

The company's property service business is based on Vanke Property Development Co., Ltd. (hereinafter referred to as "Vanke Property"). Vanke Property always takes the provision of first-class property services and building care as the foundation of the enterprise, actively promotes marketization and provides quality residential services for more customers. By the end of 20 15, the company's property services covered 64 large and medium-sized cities in Chinese mainland, with nearly 1,000 service projects and contract management area of 2/kloc-0.000 million square meters.