Vanke Co Ltd

[Photo/IC]

Vanke Co Ltd, China's largest residential property developer by market value, was established in 1984 and has become a respected living services provider in China. 

Vanke is committed to providing quality products and services to the society and satisfying people's demand for a better life with its best efforts. The core business of the group includes property development, property service and rental housing. 

Vanke in 2014 started a transformation of exploring diversified services, including property management, apartment leasing, warehousing and tourism, after seeing the golden era for the development of property market has come to an end.

In 2018, the Group further enhanced its positioning to "urban and rural development and living services provider". On the basis of consolidating the inherent advantages of residential properties development and property services, Vanke's business were extended to areas such as commercial development and operations, logistics and warehousing services, rental housing, industrial towns, skiing resort business, elderly care and education. 

According to Vanke's annual report, it realized growth of more than 20 percent in both revenue and net profit last year.