China Merchants Shekou Industrial Zone Holdings Co., Ltd.
招商蛇口
001979
Shenzhen Stock Exchange
Company Profile
1. Business synergies within China Merchants Group As the controlling shareholder and the actual controller of the company, China Merchants Group owns numerous firms, spanning from finance to entity industry sector. In recent years, China Merchants Group has vigorously promoted internal resources integration, which is conducive for the company to realization of resource complementarity, to multi-channel and low-cost access to funds and project resources. 2. Resources reserves and strategic advantages For now, the company owns large land bank remaining undeveloped. In particular, lands in Shekou and Qianhai are all located in the “China (Guangdong) Pilot Free Trade Zone, Qianhai and Shekou Area of Shenzhen” in where the company can enjoy unique policies and strategic advantages. 3.Rich operating experience in comprehensive development of urban areas and industrial parks Having been constructing and operating in Shekou for more than 30 years, CMSK is capable of comprehensive integration of resources. The company has cultivated a number of management teams with both professional and practical experience, and formed the rounded system and full service concept of comprehensive development of urban areas and industrial parks. As well as desirable economic profit, CMSK has brought great social benefits to city development.
Full description
Headquartered in Shenzhen and founded in 1979, China Merchants Shekou Industrial Zone Holdings Co., Ltd. ("CMSK", stock code: 001979.SZ) is China’s leading urban and industrial park developer and operator. As a flagship subsidiary under China Merchants Group ("CMG") dedicated to comprehensive urban development and operation, CMSK capitalizes on "innovation in industry-finance integration, pioneering in low-carbon development and prudent operation", provides integrated solutions for urban development and industrial upgrading, and aspires to become the “Carrier of A Better Life”. Focusing on the three pillar businesses, namely Development Business, Asset Operation, and Urban Service, CMSK provides integrated solutions to urban development and industrial upgrading in such aspects as urban functions, production modes, and lifestyles. It offers diversified products and services covering the entire lifecycle of people. Development Business: CMSK is an expert in comprehensive development, as well as a trailblazer, practitioner and leader of green habitation. Asset Operation: Green operation and asset management of properties held, involving business types of commercial and office buildings, industrial parks and hotels and apartments. Urban Service: Asset-light operation services cover business types of property service, cruise, convention and Exhibition industry, health and elderly care industry. Upholding the sustainability concept, CMSK has been insisting on the path of high-quality development for decades. CMSK is committed to promoting social progress and urban development, and taking solid steps toward a better life. As of the end of 2022, CMSK has a total asset of RMB 886.5 billion, operating in more than 100 cities and districts around the world, serving more 10 million customers. CMSK is highly trusted for its high-quality products and leading service standards, and its brand value ranks among the top 5 in the industry nationwide.