China Merchants Shekou Industrial Zone Holdings Co., Ltd., founded in 1979, is a listed company and a subsidiary of China Merchants Group, and is committed to becoming a leading comprehensive development and operation service provider of cities and parks in China, integrating development, sales, leasing and operation, and property management
China Merchants Shekou Industrial Zone Holdings Co., Ltd. (hereinafter referred to as "China Merchants Shekou", stock code 001979. SZ) is the flagship enterprise of China Merchants Group's urban comprehensive development and operation sector, and is an important core asset integration and business collaboration platform of China Merchants Group in China.
Founded in 1979, China Merchants Shekou is the birthplace of China's reform and opening up, and has made important historical contributions to China's economic development, incubating and cultivating well-known enterprises represented by China Merchants Bank, Ping An Insurance, CIMC, Kingdee Software, TCL, China Merchants Real Estate, etc.
On December 30, 2015, China Merchants Group implemented a major unprecedented restructuring of its flagship real estate sector, realizing the overall listing of the Group's assets in the Qianhai Shekou Free Trade Zone, creating a model of state-owned enterprise reform and a benchmark for innovation in China's capital market. In 2016, after the restructuring and listing, China Merchants Shekou took "industry, network, finance and city integration" as its business starting point, and established a new development model of "Qiangang-Central District-Houcheng", with the coordinated development of the three major businesses of parks, communities and cruise ships, and is committed to becoming a leading comprehensive development and operation service provider of cities and parks in China. Over the past year, China Merchants Shekou has presented a new pattern of transformation and development, and has made major breakthroughs in major projects such as Qianhai Shekou Free Trade Zone, Prince Bay Cruise Home Port, Shenzhen World Convention and Exhibition Center Phase I, as well as key areas such as industry-finance interaction and industry-network integration.
In 2016, China Merchants Shekou made bold progress and achieved leapfrog growth in operating performance. While continuing to promote the upgrading of nearly 40 cities across the country, China Merchants Shekou follows China Merchants to "go global" and develop, replicate and promote the "Shekou Model" in countries and regions along the "Belt and Road", so as to realize the effective superposition of the development of the free trade zone and the "Belt and Road" strategy.
Up to now, the company's total assets have reached 250.73 billion yuan, its business covers 36 cities, more than 200 high-quality projects have been developed, the area under construction has exceeded 13 million square meters, and the total number of employees is 21,000 (data as of December 2016)。
On December 31, 2015, according to the company's development strategy and transformation needs, "China Merchants Shekou Industrial Zone Holding Co., Ltd." (hereinafter referred to as "China Merchants Shekou") absorbed and merged China Merchants Real Estate and was successfully listed on the Shenzhen Stock Exchange on December 30, 2015.
