Evergrande

Evergrande Group is a one of the largest real estate companies in China included in the Fortune Global 500 list. Evergrande Group has accumulated total assets of RMB 1.77 trillion and achieved annual sales of RMB 550 billion, paying over RMB 185 billion in taxes and donating over RMB 10 billion to charity. It has 140,000 employees and creates more than 2.6 million jobs every year, ranking 230th in the Fortune Global 500 list. Evergrande Real Estate Group Limited has over 800 projects in more than 280 cities in China. The following pictures are projects developed by Evergrande in China.

In November 2009, Evergrande was listed on the Hong Kong Stock Exchange. The offering price is 3.5 HKD per share and the total market value of the company is around 6 billion. Until December 3, 2018, the price per share is 25.1 HKD and the market value of the company reached to 327 billion – see  chart below:

With the rising market value of the company in 2017, Mr. Xu Jiayin, the founder of Evergrande Group, became the richest man in China with RMB 290 billion wealth.

Mr. Xu Jiayin, the founder of Evergrande Group