Grandjoy Holdings Group Co.,Ltd. (China)

Grandjoy Holdings Group Co., Ltd. is a real estate investment and management platform under China Resources Group. China Resources Group is one of the 16 central enterprises designated by the State-owned Assets Supervision and Administration Commission as primarily engaged in real estate, and in 2022, it ranked 91st on the Fortune Global 500 list. Grandjoy Holdings Group was listed on the Shenzhen Stock Exchange on October 8, 1993 (stock code: 000031.SZ) and completed a major asset restructuring in early 2019, forming an "A+H" structure. It also has a subsidiary listed on the Hong Kong Stock Exchange, Grandjoy Properties (stock code: 00207.HK). Grandjoy Holdings Group positions itself as an "urban operation and quality life service provider" and adheres to a "dual-wheel dual-core" development model. It aims to create sustainable value for cities and pursue sustainable happiness. The company strives to become a creator of a better urban life with sustainable development capabilities. Grandjoy Holdings Group drives multi-format linkage to support urban upgrading and services. Its business covers commercial, residential, industrial real estate, hotels, office buildings, long-term rental apartments, property services, and other fields. It has a presence in nearly 40 core cities in China, including Beijing, Shanghai, Shenzhen, Chengdu, Hangzhou, and Xi'an. With total assets exceeding 210 billion yuan, it has built a "Grandjoy" ecosystem that integrates diverse business types, complete urban layouts, balanced asset structures, and people's quality life scenes. In the commercial real estate sector, Grandjoy Holdings Group focuses on its standard product lines, Grandjoy City and Grandjoy Hub, targeting the new generation and new middle class in cities. It continuously innovates offline scene experiences and builds a large-scale operation, service, membership, and data system to achieve refined operations. It has implemented commercial projects in over 20 cities, with a total of more than 40 projects in operation or under construction, leading the high-quality development of commercial real estate in the context of consumption upgrades. In the residential real estate sector, Grandjoy Holdings Group has launched a new product series called "Yue Series" to create ten life scenes that bring joy and satisfaction, aiming to meet the aspirations of the new generation for a better life. Together with its "Yihao Series" products, it caters to customers' diverse housing needs and creates a better living experience. In the fields of industrial real estate, office buildings, hotels, and long-term rental apartments, Grandjoy Holdings Group aggregates cross-industry resources, creates a win-win business environment, and provides high-quality support for national strategic industries such as technology and healthcare. With its unique 3C smart operation system, it helps enterprises operate efficiently and promotes the continuous improvement of property and regional value. It innovatively builds the Grandjoy Hotel brand to provide personalized living experiences for business travelers. It also responds to the "rental and purchase" policy by launching the long-term rental apartment brand, Grandjoy Leyi, to meet residents' rental needs. Looking ahead, Grandjoy Holdings Group will continue to pursue high-quality development, enhance core competitiveness and profitability, achieve connotative growth, and create continuous value for shareholders, customers, and employees. It will move forward together with a better life, urban development, and the dreams of the times.