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Vanke(simplified Chinese:Vạn khoa;traditional Chinese:Vạn khoa;pinyin:Wànkē;Jyutping:maan6 fo1) is a large residentialreal estatedeveloper inChina.It is engaged in developing, managing and selling properties across more than 60 mainland Chinese cities in thePearl River Delta,Yangtze River DeltaandBohai-Rim Region, with the provision of investment, trading,consultancyservices ande-business.It also has expanded into Hong Kong, the United States, the United Kingdom, and Malaysia since 2012. Its largest shareholder isShenzhen Metro.
 | |
| Company type | Public company |
|---|---|
| SZSE:000002 SEHK:2202 | |
| Industry | Real estate |
| Founded | 1984 |
| Headquarters | , China |
Key people | Chairman:Yu Liang CEO: Yu Liang |
| Revenue | US$65.79 billion (2023)[1] |
| US$1.7 billion (2023)[1] | |
| Total assets | US$212.0 billion (2023)[1] |
Number of employees | 131,097 (2023)[1] |
| Parent | Shenzhen Metro(29.38%)[2] |
| Website | vanke |
| Vanke Co., Ltd. | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Simplified Chinese | Vạn khoa xí nghiệp cổ phần công ty hữu hạn | ||||||||||
| Traditional Chinese | Vạn khoa xí nghiệp cổ phần công ty hữu hạn | ||||||||||
| |||||||||||
It is headquartered inVanke Center(Vạn khoa trung tâm) inDameisha,Yantian District,Shenzhen,Guangdongprovince.[3]
Vanke was listed on theShenzhen Stock Exchangein 1991, the secondlisted companyin the Shenzhen Stock Exchange afterShenzhen Development Bank.It had the largestmarket capitalisationin 2006 on the Shenzhen Stock Exchange.
As of 2020, Vanke was ranked 208th in theFortune Global 500.[4]Fortunereported the company having US$53.253 billion in revenue, US$248.360 billion worth of assets, and 131,505 employees that year.[4]
Vanke was also ranked 96th in theForbes Global 2000in 2020.[5]
As of 21 February 2019 its market cap was US$44 billion.
In March 2024,Moody's Ratingsdowngraded Vanke's credit rating score to Ba1, citing "substantial credit risk" in the company.[6]
See also
editReferences
edit- ^abcd"China Vanke".Fortune Global 500.Fortune.Retrieved2024-08-24.
- ^Qua chấn vĩ (19 March 2024)."Đã từng năm kiếm chục tỷ Thâm Quyến tàu điện ngầm áp lực hiện ra: Bị vạn khoa" bộ trụ ", 2023 năm trước tam quý thuần lợi nhuận trượt xuống 302%| giao diện tin tức".Jiemian(in Chinese).Retrieved26 March2024.
- ^"Contact UsArchived2019-08-10 at theWayback Machine."Vanke. Retrieved on November 9, 2018." Headquarters of Vanke Co., Ltd. Address: Vanke Center, No.33 Huanmei Road, Dameisha, Yantian District, Shenzhen "-Address in ChineseArchived2021-11-14 at theWayback Machine:"Thâm Quyến thị ruộng muối khu đại mai sa hoàn mai lộ 33 hào vạn khoa trung tâm"
- ^ab"Vanke".Fortune.Archivedfrom the original on 2021-05-26.Retrieved2021-05-26.
- ^"Vanke".Forbes.Archivedfrom the original on 2021-05-26.Retrieved2021-05-26.
- ^"Moody's downgrades major Chinese property developer Vanke".CNA.Retrieved2024-03-12.
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