Vanke

China Vanke Co., Ltd. was founded in 1984. After more than thirty years of development, it has become a leading urban and rural construction and life service provider. The company's business focuses on the three most economically vibrant economic circles in the country and key cities in the central and western regions. In 2016, the company entered the Fortune Global 500 for the first time, ranking 356th on the list; in 2017, it was listed again, ranking 307th. In 2014, Vanke's fourth ten-year development plan had already extended the positioning of "supplier of good housing" to "urban supporting service provider". In 2018, Vanke further upgraded this positioning to "urban and rural construction and life service provider", and specifically refined it into four roles: scene designer for a better life, fresh force of the real economy, experimental field for innovation and exploration, and builder of a harmonious ecosystem. In 2017, Shenzhen Metro Group became the largest shareholder of the Group, always supporting Vanke's mixed ownership structure, supporting Vanke's urban supporting service provider strategy and business partner mechanism, supporting Vanke's management team in implementing operations and management in accordance with established strategic goals, and supporting the deepening of the "rail + property" development model. Vanke has always adhered to "building good houses for ordinary people, building houses that people can use", and adhered to the two main lines of synchronous development with the city and synchronous development with customers. Vanke will continue to insist on providing good products and good services for ordinary people, and through its own efforts, make contributions within its capacity to meet the people's needs for a better life in all aspects. The company's core business includes residential development and property services. In 2018, the company further upgraded its positioning to "urban and rural construction and life service provider", and the ecosystem it built has begun to take shape. On the basis of consolidating the inherent advantages of residential development and property services, its business has extended to commercial development and operation, logistics and warehousing services, rental housing, industrial towns, ice and snow resorts, elderly care, education and other fields, laying a good foundation for better serving the people's needs for a better life and achieving sustainable development.