China Vanke Co.,Ltd. (China)

China Vanke Co., Ltd. is a leading urban and rural construction and life service provider in China. The company was established in 1984 and has since focused its business on the three vibrant economic circles and key cities in the central and western regions of the country. In 2016, China Vanke made its debut on the Fortune Global 500 list, ranking 356th. It continued to be listed in 2017 and 2018, ranking 307th and 332nd respectively. In 2014, the company expanded its positioning from being a "good residential supplier" to a "urban supporting service provider" in its fourth ten-year development plan. In 2018, China Vanke further upgraded its positioning to a "urban and rural construction and life service provider" with four specific roles: creator of a better living environment, driving force of the real economy, innovation and exploration test field, and builder of harmonious ecology. In 2017, Shenzhen Metro Group became a major shareholder of the company, supporting its mixed ownership structure, urban supporting service provider strategy, and business partner mechanism. China Vanke is committed to providing good products and services for ordinary people and contributing to meeting their various needs for a better life. Its core businesses include residential development, property services, and rental housing. The company adheres to the residential attributes of housing and the principle of "building houses for ordinary people, houses that are used by people." In 2018, China Vanke further upgraded its positioning to an "urban and rural construction and life service provider." Its ecosystem has begun to take shape, and its business has expanded to commercial development and operation, logistics and warehousing services, rental housing, industrial towns, winter sports resorts, elderly care, education, and other fields. This has laid a solid foundation for better serving the needs of the people and achieving sustainable development. In the future, the company will continue to adhere to the strategy of "the right path and joint efforts," centering around the "people's need for a better life," and based on cash flow, deeply implement the "urban and rural construction and life service provider" strategy, continuously create real value, and strive to become a good enterprise worthy of the great new era.