Longfor Group Holdings Ltd - Company Profile
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Longfor Group Holdings Ltd (Longfor) is a company involved in property development, property operation, and property services. Its main activities include the development and sale of office, commercial, and residential properties, as well as the management and leasing of investment properties. The company's major products and services encompass urban shopping malls under the 'Paradise Walk' brand, rental housing, and property management services. Notable brands associated with the company include 'Goyoo' for rental housing and 'Hybrid Space' for dynamic commercial precincts. The company's products and services cater to a diverse range of customers across various industries, including retail, entertainment, and residential sectors. Longfor operates primarily in first and second-tier cities in China, with a focus on commercial investments and asset management. The company has a significant presence in Chinese cities including Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Hangzhou, Chongqing, Wuhan, and Nanjing. Longfor is headquartered in Beijing, China.
Headquarters
China
Address
Beijing Longfor Blue Engine Industrial, Park, Building 6, No. 8 Beiyuan Street, Chaoyang District, 100012
Website
www.longfor.com
Telephone
86 10 87984299
No of Employees
31,653
Industry
Construction
Ticker Symbol & Exchange
960 (HKG)
Revenue (2024)
$13.5B
-23.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-90.2%
(2024 vs 2023)
Market Cap*
$5.4B
Net Profit Margin (2024)
XYZ
-87.1%
(2024 vs 2023)
* As of and is in US$
Longfor Group Holdings Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Real Estate Consulting |
| Property Development |
| Property Investment |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In April, the company introduced a new asset management brand Xiaoyaozhou Asset Management. |
| 2023 | Contracts/Agreements | In April, Longfor Commercial cooperated with Hengbang Shuanglin to build the first Xingyuehui project in Leshan Hengbang. |
| 2022 | Contracts/Agreements | In November, the company announced the strategic cooperation upgrade of the Xinbud Project of the Longfor Public Welfare Foundation. |
Competitor Comparison
| Key Parameters | Longfor Group Holdings Ltd | Sunac China Holdings Ltd | Gemdale Corp | Agile Group Holdings Ltd | Sino-Ocean Group Holding Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing | Tianjin | Shenzhen | Guangzhou | Beijing |
| State/Province | Beijing | Tianjin | Guangdong | Guangdong | Beijing |
| No. of Employees | 31,653 | 31,365 | 36,633 | 84,126 | 12,041 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Chen Xuping | Chief Executive Officer; Chairman | Executive Board | 2021 | 44 |
| Zhao Yi | Director; Chief Financial Officer | Executive Board | 2015 | 49 |
| Zhang Xuzhong | Director; President - Property Division | Executive Board | 2023 | 52 |
| Shen Ying | Director; General Manager-Human Resources Department | Executive Board | - | 51 |
| Chan Chi On | Director | Non Executive Board | 2009 | 63 |
| 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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