4 Followers HKEX:3883 - China Aoyuan Group Ltd China Aoyuan Group Ltd
Sector: Real Estate, Industry: Real Estate Development
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HKD 1.18    +0.0 (+0%)
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1 Apr 2022


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General

CEO: Mr. Zi Wen Guo

IPO: 2007-10-09

Headquarters: HK

Employees: 22,889

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Description

China Aoyuan Group Limited (Aoyuan) is a Guangzhou-based property developer focused on the Greater Bay Area, or GBA, and diversified to a nationwide presence across China. Of note, aside from core exposure in Tier-1 and -2 cities, Aoyuan possesses significant exposure to Tier-3 and -4 China cities and is active in M&A for landbank. Aoyuan also expanded into overseas markets including Australia and Canada. Further to geographical diversification in its core property development business, Aoyuan also diversified to other business segments including e-commerce and insurance. The company spun off property management arm Aoyuan Healthy Life as a separate listing (54.6% stake) in Hong Kong in March 2019. Guo Zi Wen (founder) and Guo Zi Ning have majority control of Aoyuan.

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