Lan Guang Development

Lan Guang Investment Holding Group Co., Ltd. (hereinafter referred to as Lan Guang Holding Group) was established in 1990. It has more than 390 holding and participating enterprises. Its industrial layout covers real estate, digital construction, Internet technology, beverages and other business segments.
As of the end of 2020, the group had nearly 20,000 employees on the job, and provided employment to more than 1 million people directly or indirectly; it has cumulatively paid 39.985 billion yuan in taxes and fees to the state, of which 33.826 billion yuan was paid in taxes.
On April 16, 2015, Sichuan Lan Guang Development Co., Ltd. (hereinafter referred to as Lan Guang Development, 600466.SH), a subsidiary of Lan Guang Holding Group, completed its restructuring and listing on the Shanghai Stock Exchange. On September 20, 2019, Lan Guang Development officially moved into its Shanghai operating headquarters, forming a dual-headquarters development pattern of "Shanghai + Chengdu".
Lan Guang Development, with the brand proposition of "Better understanding of life, better understanding of you" and the brand positioning of "Leading brand in the era of warm human settlement", focuses on the core needs of human life and creates a happy life for the public.
In terms of strategic planning, Lan Guang Development applies new economic thinking and logic, adheres to "industry as the foundation, capital as the support, and technology as the empowerment", with mechanism and talents as the core driving force; adheres to the strategic policy of "moderate scale but strong, steady progress, equal emphasis on profit and scale, and achieving high-quality growth", facing the market with a business logic and calmness, and looks forward to achieving higher development goals in 2022 to start Lan Guang's third entrepreneurship; adheres to building a core capability system to build an excellent listed company.
In terms of industrial layout, Lan Guang Development highly focuses on residential real estate development, combines capital operation with industrial operation, builds emerging industries such as digital construction, and operates along the paths of synergy, marketization, capitalization, and technology.
The company's annual operating strategy is defined as "precise investment, excellent operation, financial leadership, and reform and innovation".
In March 2020, the company's long-term main credit rating was rated AAA, with the rating outlook remaining stable (source: Dagong International).