Poly Real Estate (Group) Co., Ltd. is a large state-owned real estate listed company controlled by China Poly Group, a national first-class real estate development qualification company, and has been awarded the leading brand of China's real estate industry for five consecutive years. Poly Real Estate was established in 1992. After ten years of solid development, it successfully completed the shareholding system reform in 2002, and then began to implement a national strategy, strengthen professional operations, and continuously achieve leapfrog development. At present, the company has completed its national strategic layout with Guangzhou, Beijing, and Shanghai as its core businesses, covering core domestic cities such as Guangzhou, Beijing, Shanghai, Wuhan, and Chengdu, as well as Los Angeles, London, Sydney, Melbourne, and more than a hundred cities at home and abroad. With 292 holding subsidiaries, the business has expanded to real estate development, architectural design, engineering construction, property management, sales agency, and related industries such as commercial exhibitions and hotel operations. As of the end of 2017, the company's total assets were 696.5 billion yuan, net profit was 19.7 billion yuan, brand value was 52.8 billion yuan, and real estate sales contracted exceeded 300 billion yuan.
Poly Real Estate Group Co., Ltd. is the only overseas listed real estate development platform of a large state- owned enterprise, China Poly Group Co., Ltd., listed on the main board of Hong Kong, stock code 00119. The company was included in the constituent stocks of the Hang Seng Composite Index and was selected as the first batch of Shanghai-Hong Kong Stock Connect transactions. As of December 31, 2017, the company had total assets of HK $ 128.8 billion, annual net profit of HK $ 2.6 billion, and annual contracted sales of RMB 40.2 billion.
Poly Real Estate Co., Ltd. inherits the cultural resources of China Poly Group, adheres to the business philosophy of "specialized cultural real estate", adheres to "culture, harmony, nature, high-end" as its core, and cultivates three major businesses of property development, investment and management. The company's development projects cover 25 major cities in China and overseas, including Shanghai, Shenzhen, Guangzhou, Wuhan, Suzhou, Guiyang, Nanning, Hong Kong, Macau and London, England. The company holds a portfolio of high-quality investment properties, including multiple first-tier and provincial capital landmarks, such as Shanghai Poly Plaza, Shanghai Securities Building and Beijing Poly Building.
As of the end of 2017, the company had a total land area of approximately 20.24 million square meters, and held total investment assets of approximately HK $ 10.9 billion. There are 145 real estate company management projects with a total construction area of 29.5 million square meters, and annual property management income exceeds 700 million yuan.