Type | Public | ||||||||
---|---|---|---|---|---|---|---|---|---|
SSE: 600048 | |||||||||
Industry | Real estate development | ||||||||
Founded | 14 September 1992 [1] | ||||||||
Founder | China Poly Group | ||||||||
Headquarters | , China | ||||||||
Area served | mainland China | ||||||||
Key people |
| ||||||||
Revenue | CN¥154.773 billion (2016) | ||||||||
CN¥ 23.123 billion (2016) | |||||||||
CN¥ 12.422 billion (2016) | |||||||||
Total assets | CN¥467.997 billion (2016) | ||||||||
Total equity | CN¥ 89.253 billion (2016) | ||||||||
Owner |
| ||||||||
Parent |
| ||||||||
Website | gzpoly | ||||||||
Footnotes /references in consolidated financial statement [2] |
Poly Real Estate Group Co., Ltd. | |||
---|---|---|---|
Simplified Chinese | 保利房地产(集团)股份有限公司 | ||
Traditional Chinese | 保利房地產(集團)股份有限公司 | ||
| |||
Poly Real Estate | |||
Simplified Chinese | 保利地产 | ||
Traditional Chinese | 保利地產 | ||
|
Poly Real Estate Group Co.,Ltd. is a Chinese real estate developer,and a subsidiary of state-owned China Poly Group. It principally engaged in the design,development,construction and sale of residential and commercial properties,as well as the provision of property management services. [3] It is engaged in residential and commercial property development and property management services in China.
Poly Real Estate is headquartered in Guangzhou,Guangdong Province. [4] It was listed on the Shanghai Stock Exchange on 31 July 2006. [5] Poly Real Estate is a consistent of blue chip indexes SSE 50 Index,FTSE China A50 Index and other indexes.
In 2015 Poly Real Estate launched Poly Global,a subsidiary that focuses on international developments. Poly Global began its operations initially in Australia as Poly Australia,and since then operations have expanded into the UK and USA. Poly Global's headquarters is in Hong Kong with offices in Sydney,Melbourne,Brisbane,London and Los Angeles.
As of September 2009 Poly Real Estate had land reserves totaling 23.5 million square meters. [6]
As of 31 December 2016 [update] ,the largest and controlling shareholder of the company was state-owned China Poly Group,which owned 2.82% shares directly and via subsidiary "Poly Southern Group Co.,Ltd." (Chinese :保利南方集团有限公司) for an additional 38.05%. The Chinese Central Government also owned additional shares via China Securities Finance and Central Huijin. Other entities that owned >3% shares were private equity funds of Taikang Life Insurance (4.15%) and AnBang Property &Causality Insurance (3.41%). [2] : 41
Ping An Insurance known also as Ping An of China,full name Ping An Insurance (Group) Company of China,Ltd. is a Chinese holding conglomerate whose subsidiaries provide insurance,banking,asset management,financial,healthcare services. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well".
The People's Insurance Company (Group) of China Limited,known as PICC Group or just PICC,is a Chinese listed insurer. The Chinese Central Government is the controlling shareholder.
China Railway Construction Corporation Limited is a listed construction enterprise based in Beijing,China,that was the second largest construction and engineering company in the world by revenue in 2014.
Dongfeng Motor Group Co.,Ltd.,doing business as DFG,is a Chinese holding company based in Wuhan,Hubei. Its H shares were listed on the Hong Kong stock exchange.
Huaneng Power International,Inc. (HPI),commonly known as Huaneng Power,is a Chinese electric power company. It was established in 1994 by the China Huaneng Group,one of the five largest power producers in China. It engages in the development,construction and operation of large power plants.
China International Marine Containers (Group) Co.,Ltd is a Chinese company principally engaged in the manufacture and sale of transportation equipment,such as containers,road transport vehicles and airport ground-handling equipment.
Ma gang (Group) Holding Co.,Ltd.,or known as Masteel Group,is one of the major Chinese iron and steel enterprises. Since 2019,it is a joint venture of central government owned China Baowu Steel Group and Anhui Provincial People's Government's State-owned Assets Supervision and Administration Commission (SASAC). It is headquartered in Ma'anshan,Anhui province. The group produced iron and steel via its listed subsidiary Maanshan Iron and Steel Company Limited,which was a listed company since 1993. However,the group had a significant part remained unlisted.
The Pacific Securities Co.,Ltd. is a Chinese investment bank and brokerage firm. The company is listed on the Shanghai Stock Exchange.
Poly Property Group Co.,Ltd.,is a Hong Kong incorporated Chinese property developer,with its major businesses include property development,investment and management. It mainly develops mid to high-end residential and commercial properties in the cities along Yangtze River Delta and Pearl River Delta as well as the second-tier provincial capitals.
China Everbright Group is a Chinese state-owned enterprise. Everbright Group was a subsidiary of Central Huijin Investment. The Ministry of Finance of China owned the rest of the stake,which Central Huijin acquired on 8 December 2014.
Greenland Holdings Corp.,Ltd. known as Greenland Group is a Chinese real estate developer. It was founded as a state-owned enterprise. As of 31 December 2016,the top 10 shareholders of the listed company owned a combined 88% shares,with some state-owned enterprises having invested in Greenland via private equity funds.
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.
Orient Securities Co.,Ltd. also known as DFZQ is a leading Chinese investment bank and brokerage firm. Headquartered in Shanghai,it has more than 8,000 employees and 179 offices and branches across 89 cities nationwide including Hong Kong,Beijing,Shenzhen and Guangzhou. As a full-service securities firm,it provides comprehensive and one-stop integrated financial services including investment banking,fixed income,equities,futures and derivatives trading,research,securities investment,asset management,wealth management,investment consulting and private equity.
Shanghai Meishan Iron and Steel Co.,Ltd.,known as Meishan Iron and Steel,or Meisteel or Meigang is a second-tier subsidiary of Baowu and a first-tier subsidiary of listed company Baoshan Iron and Steel Co.,Ltd. (Baosteel). The company was based in Nanjing.
Xinjiang Ba Yi Iron and Steel Co.,Ltd. known as Ba Yi Iron &Steel or 8 1 Iron &Steel or August 1 Iron &Steel or BYIS or Bagang or Basteel,is a Chinese steel maker based in Ürümqi,Xinjiang. The company was a second-tier subsidiary of China Baowu Steel Group,via Ba Yi Iron and Steel Group. The rest of the shares of the company float in Shanghai Stock Exchange. Xinjiang government is the minority shareholder of the holding company:Ba Yi Iron and Steel Group.
China Orient Asset Management Co.,Ltd. is a Chinese state-owned enterprise. The company is an asset management company and a merchant bank originated as a bad bank for the Bank of China. The bank received shares from debt-to-equity swap of non-performing loans.
Shanghai Shentong Metro Group Co.,Ltd. known as Shentong Metro Group is the operator of Shanghai Metro and Shanghai Maglev Train,as well as the parent company of the listed company Shanghai Shentong Metro Co.,Ltd. It is currently responsible for the operation of Shanghai Metro. This includes investment,financing and operation management,and owns most of the assets of Shanghai Metro. The name is derived from Shen is the alternative name of Shanghai,while Tong literally means transportation.
CRRC Group Corporation,known as CRRC Group,is a Chinese state-owned holding company,direct parent company of CRRC and 32 other subsidiaries;if including second-tier subsidiaries,the holding company is the head of 112 legal entities.
CSC Financial Co.,Ltd. trading as China Securities,is a Chinese investment bank and brokerage firm established by CITIC Securities and China Jianyin Investment in 2005 in a 60–40 ratio,as a successor of bankrupted China Securities Co.,Ltd. (CSC). However,the firm now majority owned by Jianyin Investment's parent company Central Huijin Investment and an asset managing subsidiary of Beijing Municipal People's Government.
Jiangsu Shagang Group Huaigang Special Steel Co.,Ltd. is a Chinese steel manufacturer based in Huai'an,Jiangsu Province. It was a subsidiary of privately held company Shagang Group via its publicly traded subsidiary Shagang Company for 63.79% stake,from 2010 to 2015. As at 31 December 2013,Huaigang accounted for 99.9% revenue and 97% assets of Shagang Company. However,as at 31 December 2015,Shagang Group owned just 19.88% stake in Shagang Company;in turn Shagang Company owned 63.79% stake of Huaigang. Shagang Group sold 55.12% stake of Shagang Company in 2015,for about CN¥4.6 billion.