![]() | |
Company type | public |
---|---|
Industry | Real estate development |
Founder | Wang Wenxue |
Headquarters |
|
Revenue | ![]() |
![]() | |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Owner | China Fortune Land Development Holding (68.88%) |
Subsidiaries | Hebei F.C. (100%) |
Website | cfldcn.com |
Footnotes /references in consolidated basis [1] |
China Fortune Land Development Co., Ltd. | |||||||
---|---|---|---|---|---|---|---|
Simplified Chinese | 华夏幸福基业股份有限公司 | ||||||
Traditional Chinese | 華夏幸福基業股份有限公司 | ||||||
|
China Fortune Land Development Co.,Ltd. is a publicly traded Chinese real estate developer,based in Beijing,headed by Wang Wenxue and focused on industrial parks. It purchased Chinese Super League club Hebei China Fortune F.C. on 27 January 2015. [2] [3] Wang Wenxue still the largest shareholder of the company via China Fortune Land Development Holding.
China Fortune Land Development's primary business is building and operating industrial parks and related real estate. [4] : 95 Its significant projects include Gu'an High Tech Park in Hebei. [4] : 95 China's central government has designated Gu'an High Tech Park as a "National Demonstration Public Private Partnership Project". [4] : 96–97
As of May 2015,Wang Wenxue has an estimated net worth of US$4.1 billion. [5]
China Fortune Land Development was a constituent of the CSI 300 Index (index for large to medium-sized companies in the mainland China's stock exchanges) as well as its sub-index CSI 100 Index. Since June 2017,it also part of Shanghai Stock Exchange's blue chip index:SSE 50 Index. [6]
In 2017,Caixin Weekly described China Fortune Land Development as a "city maker" due to the scale of its projects. [4] : 95
China Fortune Land Development in 2023 restructured 80% of its 219 billion yuan ($31.7 billion) debt through asset sales, [7] restructuring offshore assets, [8] setting up a trust fund, [9] selling its real estate division [10] and started making a profit. [11]
The CSI 300 is a capitalization-weighted stock market index designed to replicate the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. It has two sub-indexes:the CSI 100 Index and the CSI 200 Index. Over the years,it has been deemed the Chinese counterpart of the S&P 500 index and a better gauge of the Chinese stock market than the more traditional SSE Composite Index.
Wuhan Iron and Steel Company Limited known as WISCO,is a subsidiary of listed steel maker Baoshan Iron and Steel;Wuhan Iron and Steel Co.,Ltd. was a subsidiary of state-owned Wuhan Iron and Steel Corporation until 2016. The main business was the steel plant in Qingshan District,Wuhan,while the parent company had transformed from steel making company to holding company and M&A vehicle.
Song Wenjie is a Chinese professional footballer who plays for Chinese Super League club Qingdao Hainiu.
Luo Senwen is a Chinese football player who currently plays as a midfielder for Wuhan Three Towns in the Chinese Super League.
Hebei Football Club was a professional Chinese football club that participated in the Chinese Super League division under licence from the Chinese Football Association (CFA). The team was based in Langfang,Hebei. The club was dissolved in March 2023.
Zhao Yuhao is a Chinese footballer who currently plays as a defender or defensive midfielder for Yunnan Yukun in the Chinese League One.
The 2015 China League One is the 12th season of the China League One,the second tier of the Chinese football league pyramid,since its establishment in 2004. The league title sponsor is 58.com.
Wang Wenxue is a Chinese billionaire real estate developer,chairman of the publicly traded China Fortune Land Development (CFLD) based in Beijing,and focused on industrial parks.
The 2016 Ping An Chinese Football Association Super League was the 13th season since the establishment of the Chinese Super League. The league title sponsor was Ping An Insurance. Guangzhou Evergrande Taobao won their sixth consecutive title of the league.
Liao Junjian is a Chinese footballer who currently plays for Chinese Super League side Meizhou Hakka.
Oceanwide Holdings Co.,Ltd. is a Chinese publicly traded conglomerate. It was a subsidiary of Tohigh Holding,via intermediate holding companies Oceanwide Group and China Oceanwide Holdings Group.
Gui Hong is a Chinese footballer who currently plays for Shijiazhuang Gongfu in the Chinese League One.
Zhu Haiwei is a Chinese footballer who currently plays as a left winger or attacking midfielder for Wuxi Wugo who is on loan from Shijiazhuang Gongfu.
Du Wenyang is a Chinese footballer.
Baoshan Iron &Steel Co.,Ltd.,also known as Baoshan Iron &Steel and Baosteel,is a maker of steel based in Shanghai,China,and a subsidiary of state-owned China Baowu Steel Group. It is listed on the Shanghai Stock Exchange.
Che Shiwei is a Chinese footballer who currently plays as a midfielder for Foshan Nanshi.
Xiangxue Pharmaceutical Co.,Ltd. also known as XPH,is a Chinese pharmaceutical company. It was headquartered in Guangzhou Economic and Technological Development Zone,Guangzhou,the capital of the Guangdong Province. The company started in a place that near to the tourist spot Luogang Xiangxue,thus called itself Xiangxue.
Lu Yang is a Chinese footballer who currently plays for Chengdu Better City.
Xu Tianyuan is a Chinese former professional footballer who played as a winger for Hebei and Suzhou Dongwu.
Chen Tang is a Chinese footballer who plays as midfielder for Hefei City.