Hunan Rongsheng Real Estate Development Co., Ltd.

Rongsheng Real Estate Development Co., Ltd. (abbreviated as "Rongsheng Development", stock code 002146, SZ) was established in 1996 with a registered capital of 4.348 billion yuan, dedicated to branded real estate development, and interpreting modern living concepts through professional operations and high-quality projects. On August 8, 2007, Rongsheng Development successfully listed on the Shenzhen Stock Exchange, becoming a real estate enterprise in Hebei Province to go public through IPO. After more than 20 years of development, Rongsheng Development has made great progress in business scale and business areas, rapidly growing from its initial ordinary residential development into a nationally renowned large-scale multi-industry comprehensive group company integrating real estate development, health tourism investment, financial investment, internet innovation, and other businesses.
Rongsheng Development adheres to the corporate purpose of "creating wealth, cultivating talent, serving society, and serving the country", with "pursuing excellence" as its core value, and upholding the corporate spirit of "integrity, humility, earnestness, hard work, striving, and innovation". The real estate sector creates "natural gardens and healthy homes" for consumers; the health sector provides consumers with vacation, entertainment, and medical care products and services; the financial sector creates new profit growth points for Rongsheng Development through banks, funds, securities, insurance, and other financial models, while providing consumers with a wealthy lifestyle.
With forward-looking strategic thinking and steady development concepts, Rongsheng Development has achieved sustained and rapid growth in operating performance, continuously expanding its enterprise scale and business areas. By the end of the third quarter of 2017, its land reserve exceeded 28.49 million square meters. By the end of 2017, Rongsheng Development's total assets reached 190.2 billion yuan. At present, Rongsheng Development's business scope has expanded to 47 cities including Tianjin, Chongqing, Hebei, Hainan, Liaoning, Zhejiang, Sichuan, Guangdong, and other provinces and cities, with more than 200 development projects in total.
With a sense of mission to serve the country through industry, tenacious corporate spirit, and strong sense of responsibility, Rongsheng Development has won widespread recognition and high appreciation from society, customers, partners, and industry peers. Its market influence and customer satisfaction have been strengthened year by year, with a brand value estimated at 8.545 billion yuan, and it has won numerous awards such as the 2011 China SME Board Growth Listed Company, TOP1 in the 2011 A-share Listed Real Estate Investment Value Ranking, the 2012 Golden Bull Most Trusted Company by Investors, the 2014 Responsibility Brand Award, the 4th China Responsible Real Estate 0, the 17th among the 2016 China Top 100 Real Estate Enterprises, the 5th in the 2016-2017 China Real Estate Annual Social Responsibility Enterprises, the 6th among the 2017 China Top 100 Real Estate Enterprises, and the 6th on the "Steadiness" list, among many other awards.
From 2016 to 2020, during Rongsheng Development's "Fifth Five-Year" planning period, Rongsheng Development actively adapted to the new normal of the market, adhering to "market-oriented, customer-centered, quality-based", firmly upholding the brand concept of "creating a new lifestyle", and creating a happy, healthy, and wealthy new lifestyle for consumers. The company will transform and upgrade into a multi-industry comprehensive group with "real estate as the main body, health and finance as the two wings, and internet and other emerging industries as auxiliary", striving to become a lifestyle operator with standardized management, advanced models, healthy operations, outstanding comprehensive strength, high reputation, and great development potential. All Rongsheng people will also strive to build the company into a great and respected company!