Guangzhou R&F Properties Co Ltd (R&F) is a conglomerate primarily involved in property development. It has diversified businesses in commercial operation, hotel development, culture, recreation and tourism, healthcare, and architectural and engineering design. The company operates in over 145 cities and regions. Its business portfolio includes the development of residential and commercial properties for sale, mainly targeting China's large and growing middle class. The company also develops hotels, office buildings, and shopping malls in cities such as Beijing and Guangzhou, which are held as investment properties.

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