Yuexiu Property Company Limited (“Yuexiu Property”), which was established in 1983 and listed on the Stock Exchange of Hong Kong Limited under the stock code of 00123HK in 1992, is one of the first integrated property developers and first-generation commodity housing developers in mainland China. It also owns Yuexiu Real Estate Investment Trust ("Yuexiu REIT") (HKEx Stock Code: 00405), which is the world's first Hong Kong-listed real estate investment trust that invests in mainland China's property market, and has a controlling stake in Yuexiu Services Group Limited (“Yuexiu Services”) (HKEx Stock Code: 06626), which is the only one among China’s Top 100 property service companies to provide services to properties atop metro stations in the Greater Bay Area. As of June 2021, Yuexiu Property had total assets of over RMB300 billion, a total land bank of over 28 million sq.m., and over 17,000 employees.
Yuexiu Property’s parent company, Yuexiu Enterprises (Holdings) Limited (“Yuexiu Group”), ranks among China’s top 15 multinational corporations and has already formed a “4+X” system of modernized businesses, with property development, finance, transport infrastructure and food production as the core businesses. Yuexiu Group now owns six listed companies such as Yuexiu Property, Yuexiu REIT, Yuexiu Services, Guangzhou Yuexiu Financial Holdings Group Co., Ltd and Yuexiu Transport Infrastructure Limited and Huaxia Yuexiu Expressway REIT. As of 2022, Yuexiu Group had total assets of nearly RMB960 billion.
For 40 years, Yuexiu Property has been diligently fulfilling its mission of “Where Good Living Starts”, with equal emphasis on commercial and residential properties in its development, giving full play to its unique advantage of an advanced business model of “Property Development + Property Operation + Finance”. It has built extensive business presence in economically vibrant areas of China, with the Guangdong-Hong Kong-Macao Greater Bay Area as its core market, and ancillary operations in central, eastern, northern and southwestern China. Through this “1+4” strategy of building its business presence nationwide, Yuexiu Property has already developed footholds in 30 first-tier and robust second-tier cities with more than 200 large-scale residential property projects, serving over one million homeowners. It also owns over 40 large-scale commercial properties, including the Guangzhou International Finance Center (IFC).
In recent years, the company has answered the state’s call and capitalized on the market trends by developing such emerging businesses as health and wellness, long-lease apartments, urban renewal and “property plus”. To further the effort in this direction, it has made Guangzhou Metro Corporation its strategic shareholder and worked with the latter to jointly explore the business opportunities with the business model of “Railway + Property” and under the planning and design strategy of transit-oriented development (TOD) to fully satisfy people’s diverse needs in a good life.
As a customer-centric company, Yuexiu Property has been pursuing the corporate strategy of “Quality Products, Quality Services, Strong Brand, Capable Service Team” and upholding its brand’s core values of “Quality, Responsibility, Innovation and Mutual Benefit”. Inspired by its original aspirations, Yuexiu Property will keep on breaking new ground to be a leading pioneer of good urban life.