Guorui Real Estate (stock code: 2329) started in Guangdong in the 1990s and has since grown in Beijing. Its business now covers many large and medium-sized cities such as Beijing, Liaoning, Hebei, Henan, Guangdong, and Hainan. Guorui Real Estate has become a large-scale real estate developer and operator developing across regions. Guorui Real Estate is committed to developing large-scale urban building complexes and boutique residences, and has owned some high-quality commercial properties for a long time. Residential properties include medium- and high-rise apartments, multi-storey garden houses, townhouses, single-family homes and courtyards; commercial properties include shopping centers, office buildings, hotels and SOHO apartments, shops, professional markets, etc. The 600,000-square-meter Beijing Fuguiyuan is a masterpiece of Guorui Real Estate's entry into Beijing. The million-square-meter Beijing Guorui City intersects with the Beijing Jingxi Pavilion that has already been built, laying the foundation for Guorui to build boutique residences. In 2007, Guorui successively launched Guorui Huashi Shopping Street and Shenyang Guorui Oriental Mall; in 2008, it launched projects such as Guorui Shopping Center and Fuguiyuan Shopping Mall, which received widespread attention from all sectors of society and successfully created the Guorui Real Estate brand. Subsequently, Guorui Real Estate accelerated its national expansion and set up project companies in Xi'an, Shenyang, Langfang, Zhengzhou, Guangdong, Hainan, etc.; commercial and residential properties went hand in hand and blossomed everywhere, successively developing a series of commercial residential projects such as Beijing Guorui Center (Beijing Hardgate Plaza), Guorui Xi'an Financial Center, Shenyang Guorui City, Yongqing Guorui Ecological City, Zhengzhou Guorui City, Shantou Guorui City, Foshan Guorui Xindu, Haikuo Sky Guorui City, and Wanning Guorui City. At the same time, Guorui Real Estate is also making use of the experience it has accumulated in the renovation of the old city to launch first-level land development. The projects under construction in Beijing include Guorui City, located on Qinian Street on the central axis of Tiantan, and projects under construction in the Chaoshan region include the Zhoucuodao project in Shantou, the external confiscation project in Shantou, and the Meilin Lake project in Chaozhou. Guorui Real Estate already has professional development companies, business management companies, hotel companies, planning and design institutes, and property companies, forming a complete real estate value chain. On July 7, 2014, Guorui Real Estate was officially listed on the Hong Kong Stock Exchange, marking Guorui Real Estate's successful entry into the international capital market and entering a new development milestone. In March 2015, Guorui Real Estate was listed as one of the constituent stocks of the Shanghai-Hong Kong Stock Connect. In May 2015, Guorui Real Estate won the 2015 “Financial Stability” and “Investment Value” awards of the 2015 “Financial Stability” and “Investment Value” awards of mainland Chinese listed real estate companies in Hong Kong from the authorities, winning recognition from the industry. As of June 30, 2015, Guorui Real Estate's market value reached HK$18 billion. With its excellent product quality and impressive performance, Guorui Real Estate has established a competitive advantage, won market respect, and realized corporate and social value. As of 2014/12/31, Guorui Real Estate has successfully developed a construction area of over 3.1 million square meters, has a commercial area of more than 350,000 square meters in the core area, has an annual development capacity of more than 3 million square meters, an area under construction and pending construction of 7 million square meters, and a land reserve area of about 7.7 million square meters for first-level development and third-year rehabilitation. In the future, Guorui Real Estate will continue to abide by the requirements of listing rules and comprehensively standardize enterprise management and operation with “transformation, standardization and development” as the strategy, so that enterprises with sustainable, stable and healthy development will return to shareholders, customers, and society in the future.
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