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What is Vanke A (000002)?

You may have heard of Vanke, the world's largest professional residential developer. Have you heard of Vanke A (000002)? What is Vanke A (000002)?

What are the differences between Vanke, Vanke A, and Vanke B? What is the business scope of Vanke A (000002)? How many historical stories does Vanke A have? If you want to know more and more detailed content, Financial Manager will report it for you. Vanke A (000002)

Introduction

Vanke A (000002) is Vanke Enterprise Co., Ltd. Founded in May 1984, Vanke Enterprise Co., Ltd. is currently China's largest professional residential development company and a representative real estate blue chip stock in the stock market.

It is headquartered in Shenzhen, Guangdong. By 2009, it had established branches in more than 20 cities. In 2010, the company completed new construction area of ??12.48 million square meters, achieved sales area of ??8.977 million square meters, and sales amount of 108.16 billion yuan. Shenzhen Vanke's headquarters has operating income of 50.71 billion yuan and net profit of 7.28 billion yuan. This means that Vanke takes the lead in becoming the first real estate company in the country with annual sales exceeding RMB 100 billion. This number is a number that makes peers jealous and laymen shocked. It is equivalent to the total of the four major housing companies in the United States at their peak.

Total share capital of Vanke A (000002): 10,995,210,200 shares. Industry: Real estate development and management industry. Company Introduction

Under the leadership of corporate leader Wang Shi, Vanke has established a complete internal institutional system, established a professional team, and established a professional brand by focusing on the residential development industry. With the so-called "Vankeization" The corporate culture (1. Simple and not complicated; 2. Normative and not Machiavellian; 3. Transparent and not black-box; 4. Not laissez-faire in responsibilities) is well-known in the industry.

Founded in May 1984, Vanke Enterprise Co., Ltd. is currently the largest professional residential development company in China. In 2008, the company completed a new construction area of ??5.233 million square meters and a completed area of ??5.294 million square meters. It achieved sales of 47.87 billion yuan, settlement income of 40.49 billion yuan, and net profit of 4.03 billion yuan.

Vanke believes that adhering to the bottom line of value, rejecting the temptation of interests, and persisting in obtaining fair returns from the market with professional capabilities are the cornerstones of Vanke's success. The company is committed to becoming the most popular and respected enterprise among customers, investors, employees, partners and society through a standardized and transparent corporate culture and a steady and focused development model. With its performance in corporate governance and ethics, the company has won the title of "China's Most Respected Enterprises" six times in a row. In 2008, it was selected as one of the "Top Ten Most Respected Companies in China" by The Wall Street Journal (Asia Edition).

Vanke entered the real estate industry in 1988 and identified mass residential development as the company's core business in 1993. By the end of 2008, its business had covered 31 cities focusing on the three major economic circles of the Pearl River Delta, Yangtze River Delta and Bohai Rim. That year, 42,500 residential units were sold, and the market share in the national commercial housing market increased from 2.07 to 2.34. Among them, the market share ranked first in 9 cities: Shenzhen, Shanghai, Tianjin, Foshan, Xiamen, Shenyang, Wuhan, Zhenjiang, and Anshan. . Vanke became the second listed company on the Shenzhen Stock Exchange in 1991. Its continued growth in performance and standardized and transparent corporate governance structure have enabled the company to win widespread recognition from investors. Over the past two decades, Vanke's operating income has a compound growth rate of 31.4% and its net profit has a compound growth rate of 36.2%. During its development, the company has been selected as one of "Forbes's 200 Best Small and Medium-Sized Enterprises in the World" and "Asia's 200 Best Small Enterprises". "Strong" and "Asia's Top 50 Listed Companies" rankings; it has won many awards for best corporate governance and best investor relations from international authoritative media such as "Investor Relations".

Wang Shi After years of hard work, Vanke has gradually established its competitive advantage in the housing industry: "Vanke" has become the industry's first nationally well-known trademark, and its brands such as "Four Seasons Flower City", "City Garden" and "Golden Home" have gained recognition from consumers all over the world. Accepted and loved; the "Scenario Garden House" developed by the company is the first patented product and the first invention patent in China's residential industry; the company's property services have passed the first batch of ISO9002 quality system certification in the country; Wankehui, founded by the company, is the first in the residential industry The first customer relations organization. It is also the first domestic housing company to hire a third-party agency to conduct a comprehensive customer satisfaction survey every year.

Since its establishment, Vanke has always advocated "a healthy and abundant life" and valued work-life balance; it provides employees with space and opportunities for sustainable development, and encourages employees and the company to grow together; it advocates simplicity Interpersonal relationships, committed to creating a working atmosphere that can give full play to employees' talents. Since 2001, Vanke has entrusted a third-party consulting company to conduct employee satisfaction surveys on all employees every year.

The company is committed to continuously improving product quality. By 2008, 15 Vanke projects had won the "Gold Award for Outstanding Residential Community of the Zhan Tianyou Award". Among them, Tianjin Company's Crystal City, Guangzhou Company's Four Seasons Flower City, and Zhongshan Company's urban landscape projects had successively won the "China Civil Engineering Zhan Tianyou Award". In 2008, Vanke Group Shanghai Company won the "2008 National Quality Award" issued by the China Quality Association, becoming the first company in the real estate industry to win this honor.

The company strives to practice corporate citizenship behaviors. Vanke has released social responsibility reports every year since 2007. The Guangzhou "Wanhui Building" project funded and constructed by the company was listed as a "Guangdong Provincial Enterprise Investment Rental Housing Pilot Project for Low-income Groups" by the Guangdong Provincial Department of Construction, and it was officially completed in mid-2008. On December 31, 2008, the delivery ceremony for the main teaching building and the comprehensive health center building of the school in Zundao Town, Mianzhu, Sichuan, which were fully donated by the company, was officially held in Zundao, Sichuan, becoming the first batch of permanent public buildings donated and built by companies after the earthquake* **architecture. At the 2008 China Charity Conference Awards Ceremony hosted by the Ministry of Civil Affairs of China, Vanke won the title of "China Charity Award - The Most Caring Domestic Enterprise".

Vanke officially entered commercial real estate in 2010 and established commercial management companies in many places. In 2011, it officially announced three major product lines. In the past two years, although Vanke has always emphasized focusing on residential development, its business in commercial real estate The field is full of action. Up to now, Vanke has formed four major commercial product lines: Vanke Plaza, Vanke Red, Vanke Tower and Vanke 2049. It has 18 shopping mall projects under construction and planning across the country, with a commercial area of ??1.5 million square meters. Business scope

Business establishment (specific projects shall be declared separately); domestic commerce; material supply and marketing industry (excluding franchised, controlled, and monopolized goods); printing, copying, and advertising design and production; acting as an agent for newspapers, television, and radio Periodical advertising business; import and export business (handled in accordance with the provisions of the Shenzhen Jingfa Shenzhenzi No. 113 Foreign Trade Enterprise Approval Certificate). The main businesses of the holding subsidiaries are: real estate development and property management, retail, import and export business, precision gift production, film and television production, investment, consulting, etc. What are the differences between Vanke, Vanke A, and Vanke B?

Vanke A (000002) is Vanke Enterprise Co., Ltd. Founded in May 1984, Vanke Enterprise Co., Ltd. is currently China's largest professional residential development company and a representative real estate blue chip stock in the stock market. Vanke A is a stock issued in RMB.

Vanke B is the B share issued by Vanke Enterprise Co., Ltd. on the Shenzhen Stock Exchange. On January 29, 1991, A shares issued by Vanke were listed on the Shenzhen Stock Exchange. On May 28, 1993, the B shares issued by the company were listed on the Shenzhen Stock Exchange. Vanke B is a stock issued in Hong Kong dollars.

Vanke is the world’s largest professional residential developer. Vanke Enterprise Co., Ltd. was established in 1984 and entered the real estate industry in 1988. After more than 30 years of development, it has become a leading real estate company in China.

Vanke A and Vanke B both belong to Vanke Enterprise Co., Ltd., but are stocks issued in different markets.