Evergrande Group

Updated: Dec 14, 2017 Print
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Evergrande Group

Evergrande Group (恒大集团) is one of the world's top 500 enterprise groups. Its major businesses include real estate, cultural tourism, finance and health. It has formed an industrial structure of "real estate plus service". In 2016, it had total assets of 1.35 trillion yuan ($205.9 billion), and reached an annual sales scale of over 400 billion yuan and annual taxes of 33.4 billion yuan; and it had a cash balance of 304.3 billion yuan and more than 80,000 employees, providing jobs for more than 1.7 million people. 

Evergrande Finance Group is a financial holding group integrating with banking, insurance, internet finance and other business. In 2016, Evergrande Group became the largest share-holder of Shengjing Bank; the insurance fee scale of Evergrande Life was 56.5 billion yuan; and the trading volume of Evergrande Financial Services was 33.9 billion yuan.

Evergrande Tourism Group operates a global desirable cultural tourism resort – "China Hainan Ocean Flower Island", and has created the nationwide layout of "Evergrande Children's World", a world's top fairy tale indoor theme park providing all-weather services in all seasons, for the purpose of serving hundreds of millions of children. 

Evergrande Health Group is a comprehensive health industry group listed on the Hong Kong Stock Exchange, focusing on health care, high-end international hospitals, medical cosmetics, anti-aging and other businesses. Evergrande Health Valley provides health-preserving, elderly care and health care services for people of all ages. Boao Evergrande International Hospital has created the Brigham and Women's Hospital Affiliated with Harvard Medical School, so as to provide international first-class cancer treatment services. 

By 2020, Evergrande Group will realize annual sales revenues of over 1 trillion yuan in its four major businesses including real estate, finance, tourism and health; its total assets will exceed 3 trillion yuan; and its yearly profit will reach over 60 billion yuan. 


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