Group Profile

Guangzhou R&F Properties Co., Ltd. (“R&F”) (SEHK: 2777) was established in 1994 with a registered capital of CNY806 million focused on the design, development, construction, sale, property management and property related services in China and officially licensed to develop high class property developments and provide top rate property design, construction, property management and property related services. R&F is today regarded as a leading comprehensive property developer in China. On July 14, 2005, R&F made a successful debut listing on the Stock Exchange of Hong Kong and subsequently became the first China property developer to be included as a constituent member of the Hang Seng China Properties Index. Since its establishment in 1994, our senior management and team has devoted their attention and level of detail to win the praise and recognition of our customers. As a testament to our commitment and solid foundation, we have been recognized for numerous accolades including ranked as the number 1 in terms of overall strength among all property developers in China for five years consecutively between 2005 and 2009 based on National Statistics Bureau, in 2008 was ranked number 1 amongst “China Top 100 Tax Payers”, and in 2012 became the first amongst a handful of companies to be regarded as an “Enterprise Headquarter Recognized by Guangzhou City”. R&F continues to lead the way in gaining recognition in China as a leading China property enterprise.

“Adapting to change and riding the urbanization trend”, which has been our guiding policy in recent years, has made our project became a flagship name in each city we have a presence, and further strengthening our R&F brand recognition. At the end of 2017, our total land bank was 51.38 million sq.m. of saleable area. R&F has already achieved RMB 81.86 billion contracted sales, GFA sold is up to around 6.32 million sq.m. We have expanded our scale from Guangzhou to another 68 cities and regions including Beijing and vicinity, Tianjin, Shanghai and vicinity, Hangzhou and vicinity, Xi’an, Chongqing, Hainan, Taiyuan, Shenyang, Huizhou, Nanjing and vicinity, Chengdu, Harbin, Datong, Wuxi, Changsha and vicinity, Meizhou, Fuzhou and vicinity, Guiyang, Nanning, Baotou, Foshan, Zhuhai, Zhengzhou, Shijiazhuang, Shenzhen, Ningbo, Malaysia(Johor Bahru) and Australia(Melbourne and Brisbane). These expansions have driven the size and scope of our business to another level and completed our national wide exposure.

Coupled with China’s economic growth continuing to outpace the rest of the world, the demand for commercial property in China is on the rise as emerging Central Business Districts (CBDs) grow in size in various cities. Our foresight and complimentary strategy to develop 21st Century commercial properties alongside residential properties will be a key to capturing the growing opportunity in commercial property as demand picks up. Within Guangzhou City, specifically in the new CBD within Pearl River New Town, we have very early on laid down the ground work to be able to capture today’s strong market share of commercial property in the region by securing over 10 parcels of land to develop close to 2 million sq.m. of commercial projects; in Beijing, we continue to further increase our commercial expertise and exposure with our Beijing R&F Square as a prime example; in addition, we have established partnerships with world class hotel management companies to manage our expanding multi-star hotel portfolio such as Marriott Group, Hyatt Group, Intercontinental Group, Hilton Group and AccorHotels Group, etc. It is anticipated, that our investment in mixed use developments will unlock inherent value to create a new lease of life in our future direction. R&F announced acquisition of 77 hotels from Wanda Group on July, 2017 and become the largest owner of deluxe hotel assets. At the beginning of Jan, 2018, R&F has 88 completed hotels and 17 hotels in development and planning pipeline. Expansion of our commercial development will not only provide for a stable growth in recurring investment income, but will also raise the bar for commercial development in China’s modernization and development standards.

R&F significance and influence in China’s property sector creates a social responsibility to cater to the community’s needs and expectations. Over the past years, we have made generous contributions and donations of over CNY450 million in areas of education, health, safety, catering for the elderly and aiding poverty in various regions.

 

Spanning extensive years of operating history, not only have we expanded our development portfolio, increased our financing options and developed a systematic management structure, we have accumulated a sizeable land bank in strategic footprints, which we believe, creates a sound foundation to reap the benefits in the coming future.

 

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