We are a fast growing residential property developer with commercial property operations. During the Track Record Period, we achieved rapid and profitable growth. From 2011 to 2013, our revenue grew at a CAGR of 97.4% and our profit and total comprehensive income grew at a CAGR of 92.9%. According to the Savills Report, as of March 31, 2014, in terms of completed GFA and GFA under development, we were the second largest property developer within the Second Ring Road of Beijing with a market share of 4.1% and the 45th largest property developer in Beijing with a market share of 0.34%. In addition, according to the Savills Report, in terms of completed GFA, Beijing Glory Mall (北 京 國 瑞 購 物 中 心 ), which we hold as investment property, was the second largest shopping mall within the Second Ring Road of Beijing as of March 31, 2014. All of our completed projects in Beijing are located in commercial centers within one kilometer to five kilometers from Tiananmen Square (天 安 門 廣 場 ), the center of Beijing.
Founded in Guangdong Province, we commenced our property development operations in the late 1990s and since then have significantly grown our business in Beijing and successfully expanded into other selected cities with rapid growth in China, including Haikou and Wanning in Hainan Province, Shantou and Foshan in the Pearl River Delta region, Shenyang in Liaoning Province, Zhengzhou in Henan Province, Langfang in Hebei Province and Xi'an in Shaanxi Province. As a result, we have established a strategic nationwide coverage which is centered around Beijing and the Pearl River Delta region and covers a number of selected major areas with rapid economic growth in China. We plan to focus on Beijing, the Pearl River Delta region and Yangtze River Delta region for our further expansion in the next five to 10 years and we believe we are well positioned to capitalize on the expected continuous economic growth in these regions.
We operate in four business segments: property development, primary land construction and development services, property investment and property management and related services. The following is a brief overview of our current business segments:
updated 24th June, 2014
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