CRCC Real Estate

China Railway Construction Corporation Real Estate Group Co., Ltd. (hereinafter referred to as the Group) is affiliated with China Railway Construction Corporation Limited, a Fortune Global 500 enterprise. Established in March 2007 with a registered capital of 7 billion yuan, the Group holds a Grade A qualification for real estate development, Grade A qualification for engineering design, and Grade A qualification for property management. It is one of the 16 central state-owned enterprises approved by the SASAC to focus on real estate as their main business, serves as an executive director unit of the China Real Estate Association, and has been awarded a 3A credit rating by China Chengxin, the highest credit rating. In 2019, the Group's total assets exceeded 150 billion yuan, and for the first time in its history, both new contract amounts and sales revenue surpassed 100 billion yuan, achieving its 13th Five-Year Plan goals one year ahead of schedule and entering the ranks of billion-yuan real estate enterprises. The Group focuses on real estate investment and development, striving for the corporate vision of "being China's most valuable service provider for a better life," consistently adhering to the values of "integrity, innovation, and eternity; quality products and character coexist," with the brand proposition of "creating architectural artworks that care for people and nature." Through unified efforts, scientific management, and cohesive teamwork, the Group has achieved leapfrog development. Currently, the Group has integrated its residential-oriented real estate development business into eight regional companies: North China, East China, South China, Southwest, Central China, South Central, Northeast, and Guizhou. To enhance professional capabilities and innovate business models, it has established five specialized companies covering commercial properties, apartments, property management, design consulting, and investment management. Additionally, to meet the needs of industrial synergy within the parent company, it has set up two large-scale project companies in Nansha and Xiong'an. The Group has achieved comprehensive industrial restructuring, significantly enhanced its modern new city operation and service capabilities, and formed a favorable development pattern driven by innovation with multiple engines and multi-cell division. As of August 2021, the Group has deployed 207 projects across 43 cities including Beijing, Shanghai, Guangzhou, Tianjin, Chengdu, Hangzhou, Hefei, Nanning, Wuhan, Changsha, Guiyang, Nanjing, Changchun, Dalian, Shenyang, Ningbo, Xuzhou, Foshan, Taiyuan, Xi'an, Chongqing, Jiaxing, Suzhou, Fuzhou, Kunming, Huzhou, Changzhou, Tangshan, Bijie, Shaoxing, Zhangjiakou, Zhuhai, Jinan, Dazhou, Shijiazhuang, Zunyi, Sanya, Jiangmen, Wenzhou, Baoding, Zhuozhou, Nanchang, and Harbin, as well as in four new districts (Nanshan New District, Gui'an New District, Xiong'an New District, and Xixian New District) and overseas (Moscow). The total planned construction area of existing projects is approximately 73 million square meters, with about 56 million square meters already developed, achieving comprehensive coverage of major urban clusters such as the Beijing-Tianjin-Hebei region, the Yangtze River Delta, and the Pearl River Delta. Over the past decade, the Group's product lines have become increasingly complete, with continuously improved quality and services, earning a nationwide reputation. The Xipai series is renowned nationwide, the Guoji series has entered ordinary households, the Yuxi series narrates architectural beauty amid green mountains and clear waters, the Yuanxiang series offers balanced living experiences, the Wutong series comforts the soul, and the Guangchang series benefits local communities. Countless high-quality residential developments stand proudly across China, cumulatively creating better lives for over one million homeowners. During the 14th Five-Year Plan period, CRCC Real Estate Group firmly implements China Railway Construction Corporation's work policy of "seeking truth from facts, upholding integrity and innovation, and achieving steady and long-term progress" and the development requirements for the real estate sector of "winning through speed, synergy, refinement, and stability." Building on traditional development advantages, the Group is fully advancing its "second venture" journey, following the development strategy of "one body with two wings and multi-point support" and adhering to the work requirements of "product innovation, operational efficiency, management effectiveness, and core business empowerment" to drive transformation and upgrading, achieving sustained, steady, and high-quality development. With integrity as the greatest wisdom to win customers worldwide and innovation as the fundamental driving force for enterprise development, China Railway Construction Corporation Real Estate Group Co., Ltd. is marching toward the goal of "being China's most valuable service provider for a better life"!