China Resources Land Ltd - Company Profile
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China Resources Land Ltd (CRL), a subsidiary of China Resources (Holdings) Co Ltd, is a company involved in real estate development and management. Its main activities include the development and sale of residential properties, and the management of investment properties such as shopping malls and office buildings. CRL offers a range of services including property development, asset-light management, and eco-system elementary business services. Its products and services cater to a diverse customer base across various industries, including retail, commercial, and residential sectors. CRL operates through a network of shopping malls and office spaces, focusing on key cities in China. The company targets major urban markets, with a strategic presence in cities such as Beijing, Guangzhou, Hangzhou, Nanjing, Shanghai, and Shenzhen. CRL is headquartered in Hong Kong.
Headquarters
Hong Kong
Address
46th Floor, China Resources Building, 26 Harbour Road, Wanchai, Hong Kong City
Website
www.crland.com.hk
Telephone
852 28772330
No of Employees
59,077
Industry
Construction
Ticker Symbol & Exchange
1109 (HKG)
Revenue (2024)
$39.2B
0.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-0.5%
(2024 vs 2023)
Market Cap*
$28.8B
Net Profit Margin (2024)
XYZ
-1.3%
(2024 vs 2023)
* As of and is in US$
China Resources Land Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Property Development |
| Property Investments |
| Property Management |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In August, the company entered into an agreement to sell Shanghai Xinjifang, Shanghai Xinjizhou, Shanghai Xinxianfang, and Shanghai Xinzhili to Shanghai Hongzhe and Shanghai Nanfang. |
| 2024 | Contracts/Agreements | In October, the company entered into a joint venture agreement with Hyatt Hotels Corp. to expand Hyatt’s brand in China. |
| 2023 | Plans/Strategy | In December, the company and New World Development announced plans to build a US$1.3 billion housing project in Hong Kong. |
Competitor Comparison
| Key Parameters | China Resources Land Ltd | Poly Developments and Holdings Group Co Ltd | Greentown China Holdings Ltd | Seazen Group Ltd | Henderson Land Development Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Hong Kong | China | China | China | Hong Kong |
| City | Hong Kong City | Guangzhou | Hangzhou | Shanghai | Hong Kong |
| State/Province | - | Guangdong | Zhejiang | Shanghai | - |
| No. of Employees | 59,077 | 44,445 | 8,734 | 18,954 | 10,078 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Zhang Dawei | Vice Chairman; Chief Product Officer | Executive Board | 2023 | 56 |
| Zhao Wei | Director; Secretary; Chief Financial Officer | Executive Board | 2025 | 53 |
| Chen Wei | Chief Operating Officer; Vice President; Director | Executive Board | 2024 | 40 |
| Li Xin | Chairman | Non Executive Board | 2022 | 53 |
| Hao Zhongming | Director | Executive Board | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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