China Merchants Property Development & Holding Co., Ltd. (hereinafter referred to as “CMPD&H”) is the real estate business platform of China Merchants Group (hereinafter referred to as “CMG”). Founded in 1988, CMPD&H is committed to the integrated investment, development and management of real estate business. CMPD&H has now become one of the most competitive and influential real estate enterprises in China.
CMPD&H has developed a comprehensive real estate business model including residential projects, large-scale commercial complexes, office buildings, hotels and complex projects. Its strong and well-equipped real estate development, marketing, service and management teams can provide customers with professional and comprehensive services, creating value for the customers.
The Group’s business is concentrated in China’s major economic centers such as Beijing, Shanghai, Shenzhen, Hangzhou and Wuhan. Most of its projects have a high profile.In the meantime, its products span a variety of residential concepts and styles, from single-family house, villa, apartment and multi-storey house to over 9888 public rental complex, to meet the multi-faceted needs of the market.
In 2017, CMPD&H achieved a total sales of 799.2 billion RMB, with a total land reserve of over 20.7M sq meters, with subsidiaries or controlling affiliates in Hong Kong, USA and other parts of the world. CMPD&H’s intention is to see its real estate business become a “global real estate brand”.
CMPD&H intends to become not just an enterprise with high-end products and services but also an enterprise with corporate social responsibility, actively contributing to the construction of a “Harmonious China” and promoting balanced urban and rural development and sustainable development of the consumer market by continuously building quality housing and creating a friendly living environment for home buyers.
On the corporate level, CMPD&H attaches great importance to corporate governance and continues to strengthen its corporate governance structure. It has established independent board of directors and auditing committees. Moreover, it has also implemented an internal control and risk management system to speed up the digital transformation in the company and to build comprehensive and secure information systems.
Today, CMPD&H has become an important part of China Merchants Group and it is pushing forward the development of the Group. As the leader of the real estate business of China Merchants Group, it has developed into a highly intelligent, customer-oriented and customer-centric real estate investment, development and management enterprise and achieved sustainable development of its business and its customer base.
