 Founded in May 1984, China Vanke Co., Ltd. is currently the largest professional housing developer in China. In 2010, the company built new area of 12.48 million square meters and sold 8,977,000 square meters with sales revenue of RMB 108.16 billion. The operating income is RMB 50.71 billion with net profit of RMB 7.28 billion.
Vanke believes that the concept of sticking to bottom line of value, refusing unethical conducts and obtaining fair return with professional capability is the cornerstone of success. Vanke, being devoted to standard and transparent corporate culture, stable and dedicated development mode, has become the most favorite enterprise for customers, investors, employees and partners, and the most respectable enterprise of the society. The company has been awarded honorable title of Fortune China's "Most Admired Company in China" for 8 consecutive years for its performance in governance and ethics.
Vanke started business in real estate industry since 1988 and took mass house development as the core business in 1993. Till the end of 2010, its business covers 46 cities in Pearl River Delta, Yangtze River Delta and rim-Bohai Sea.
Vanke was the second listed company in Shenzhen Stock Exchange in 1991. It has been widely accepted by investors with its growing performance, standard and transparent governance structure. Vanke has been selected as "Global Top 200 Best SMEs" of Forbes, "Asia Top 200 Best Small-size Enterprises", "Asia Top 50 Listed Companies". It has been awarded Best Governed Company and Best Investor Relation for times by Investor Relations and other internationally renowned media.
Vanke has established advantageous competitive position in housing industry with years of efforts: "Vanke" is the first Chinese famous trademark within the industry, whose brands such as "Wonderland", "City Garden", "Golden Home" etc. have been well accepted and preferred by consumers all over China. "Scenario Western House" of the company is the first patented product in Chinese housing industry. Its property service has been certified with ISO 9002 quality system in China among the first batch. Vanke Club is the first customer relation organization in housing industry. Meanwhile, it is the first housing enterprise hiring third party to carry out comprehensive customer satisfaction survey every year.
Ever since the foundation, Vanke has been adhering to "healthy yet rich lives" for it cherishes work-life balance. It offers space and opportunities for staff's sustainable development, encouraging staff to grow with the company. It advocates simple interpersonal relations and devotes to positive work environment. In 2010, Vanke was the only real estate company in Top 10 "Best Employers in China", ranked by Hewitt, a global HR consulting company.
Vanke is committed to continuously improving product quality. Till 2009, there are 26 of Vanke projects being awarded "Zhan Tianyou Award Golden Prize for Outstanding Residential Community", among which Tianjin Crystal City, Guangzhou Wonderland, and Zhongshan City Landscape have won "Zhan Tianyou Award for China Civil Engineering".
Vanke continuously promotes housing industrialization. In 2009, B3 and B4 buildings of Beijing Holiday Town have been awarded the title of "Beijing Housing Industrialization Pilot Engineering". Dongguan Vanke Architecture Technology Research Co., Ltd. has won New and High-tech Enterprise Certificate, which is jointly awarded by Guangdong Provincial Department of Science and Technology, Guangdong Provincial Department of Finance, State Administration of Taxation of Guangdong, and Local Taxation Bureau of Guangdong. It is the first enterprise identified as new and high-tech company in real estate industry. In 2010, the industrialized housing area reaches 1.06 million square meters.
The company actively participates in green building research and promotion. In June 2009, Phase IV of Shenzhen Vanke City has been the first project to win three-star award of "Green Building Design Evaluation Symbol". The company has finished 750,000 square meters of green three-star houses in 2010, accounting to 54% of total certified projects in China.
The company exercises its responsibility as corporate citizen. Since 2007, Vanke issues social responsibility report every year. In 2009, Vanke has donated and constructed Zundao Town Central Kindergarten, Zundao Town Residential Service Center, Xiang'e Village Administrative Center and Zundao Pear Square, which comply with the highest anti-seismic code.
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