1 Followers SHG:600048 - Poly Developments and Holdings Group Co Ltd Poly Developments and Holdings
Sector: Real Estate, Industry: Real Estate Development
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CNY 9.13    -0.22 (-2.35%)

29 Mar 2024


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General

CEO: Mr. Yifu Wang

IPO: 2006-07-31

Headquarters: CN

Employees: 67,260

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Description

Poly Developments and Holdings is a large real estate developer in China. It is ranked number five by sales value among all Chinese developers in 2019. It has over 600 projects across 100 cities. Property development accounts for 95% of earnings, with property investments and finance income contributing the rest. The company is a subsidiary of China Poly Group, a prominent central-government-controlled state-owned enterprise with ties to the military. China Poly Group holds an aggregate controlling stake of 41% in the company.

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