China Overseas Land & Investment Ltd. (hereinafter referred to as "COLI" or "the Company") was incorporated in Hong Kong in 1979, and is the flagship subsidiary of COHL. In August 1992, COLI was listed on The Stock Exchange of Hong Kong Limited (HKSE code: 00688.HK). In December 2007, it became a constituent stock of the Hang Seng Index.
The Company has 41 years of property development and commercial property management operation experience. In 2019, the Company’s total assets reached RMB723.9 billion; net assets amounted to RMB289.145 billion and contracted property sales were HK$377.17 billion, representing a year-on-year increase of 25.2%. Net profit was RMB41.62 billion, upholding its profitability at an industry-leading level, achieving better and faster development.
The credit ratings of the Company assigned by the three major international rating agencies were: Baa1 (Moody’s), BBB+ (Standard & Poor’s), and A- (Fitch). The Company maintained the highest credit rating in the industry. The Company was awarded “China Blue Chip Real Estate Developer” and “Leading Brand of China Real Estate Company” for 15 consecutive years; the Company was recognised as a constituent stock of Hang Seng Corporate Sustainability Index for 10 years in a row; In 2019, the brand value of COLI reached RMB91.0 billion, ranking first in the real estate industry.
Staying committed to its vision of becoming an exceptional global property development operation corporation, the Company firmly adheres to its operating philosophy of qualifying as a company of “Four Excellences” which offers “good products and good services” and demonstrates “good efficiency and good citizenship”. The Company adheres to the product design concept of “enjoyable space, smart IoT, green technology and healthy living+”. The Company adheres to the development philosophy of “Each and Every Detail of Each and Every Project”. The Company adheres to the customer service concept of “customer first and maintaining consistency”. The Company has founded and operated three major human resources brands, namely “Sons of the Sea”, “Stars of the Sea” and “Sea’s Recruits” for the recruitment of college talents and social elites, building a systematic talent training mechanism and providing an on-going pool of talent for the sustainable development of the Company.
Throughout its 41 years of development, the Company has established three major businesses — “Residential Development”, “Urban Services” and “Design Services”.
Back in the early 1980s, the Company entered the residential development business in Hong Kong and was a pioneer as well as a leader in the real estate industry in China. Over the past 41 years, the Company has developed and launched five generations of exquisite residences and has accumulated more than 600 development projects in the Mainland. The completed development and construction area has exceeded 150 million sq m.
The Company’s projects have accumulated 58 “Tien-yow Jeme Civil Engineering Prize – Outstanding Residential Community Awards” (35 gold awards, 23 individual awards), eight “China Construction Engineering Luban Prize” and 18 International Property Awards.
In order to cater for the demands of customer groups in the new era, the Company hinges on intellectualization and industrialization to optimize the quality of the products. In close partnership with technological companies including Huawei, the Company maintained its leading position in the development and application of smart community and smart home, building the world’s first 5G community Zhen Ru Mansion; standing out from over 40 company in the industry to participate in the 2 national authorizing standards “Smart Community Construction Code” and “Smart Building Design Standard”.
In line with the development trend of pre-fabricated buildings and residential industrialization, the Company actively promotes the practice of pre-fabricated residential construction and residential industrialization, in the development and construction of over one million sq m of pre-fabricated residential projects in Hong Kong, Macau and the Mainland. The Company proactively branches upstream in the industry chain to tap into the production of doors, owning Tianshan Door and featuring the “Dr. Door” series of advanced fire doors and entrance doors. It has 35 design patents in the field of cast aluminum door manufacturing and has established Industry competitive advantage.
The Company has developed a diverse range of urban services, which includes office buildings, shopping malls, prestigious hotels, subway superstructures, urban renewal and tourism, logistics and others.
The Company operates a total gross floor area of 2.87 million from 45 Grade A office buildings, making it one of the largest single-title office building developers and operators in mainland China. In London, the Company holds and operates four century-old landmark commercial buildings. The Company established Officezip, flexible working office brand with presence in six cities including Beijing and Shanghai and an office sharing area of over 74,000 sq m.
The Company is committed to urban renewal and regional comprehensive development and has built a full business chain of investment and financing, land consolidation, regional planning, real estate development, engineering construction, industrial import, commercial operation and property management. The Company invested in the development of “Beixin’an Project”, the largest shantytown renovation project along the West Chang’an Avenue in Shijingshan District, Beijing; and “Paramount Jade”, the largest shantytown reform project in Jinan, Shandong Province. In November 2017, the Company secured the super high rise project in Tianfu New District, Chengdu, which has been developed into a new landmark. In October 2018, the Company won the Hongqi Village project, the largest urban village redevelopment project in downtown Shanghai.
The Company has developed dozens of subway superstructures in Hong Kong, Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, etc. The Company has established China Overseas “Unilive Residence” and “Unilive Apartment” under its long term leasing system. The Company operates and manages a warehouse and logistics base of over 500,000 sq m in Binhai New area, Tianjin, taking the “One Belt, One Road” national strategy as an opportunity to tap into the logistics industry and to build a nationwide logistics service network.
Hua Yi Design, a wholly-owned subsidiary of the Company, is a “National High-tech Enterprise” that has attained “Grade A Architectural Design Qualification” and “Grade A Urban Planning Qualification”, ranking as one of the top 100 design institutes in China. Hua Yi Design has built-up a portfolio of over 3300 design projects and won about 500 awards ranging from the state-level, provincial level and city-level.
Founded in 1986, China Overseas Property Holdings Limited is a pioneer in the property management industry in China with first-class qualifications. It has 40,000 employees, with a GFA of around 156 million sq m. It is the largest public property management service provider in Hong Kong, rendering property management service to Chinese People’s Liberation Army Forces Hong Kong Building, Liaison Office of the Central People’s Government in the HKSAR, the West Kowloon High Speed Rail Station, the Kai Tak Cruise Terminal and the Shenzhen Bay Port.
The Company participates in the education industry with great enthusiasm. Centering on the key idea that “education could make everything possible”, the Company has established the Zhonghai Education brand. Currently, the Company holds and operates two K12 schools, four high-quality kindergartens, five COLI Academy and badminton camp, golf camp, Hainan Zhonghai PEPA Exploration Institute and other camp projects in Shenzhen, Dongguan, Qingdao, Jinan, Foshan and Dalian.
Adhering to the core concept of “Celebrating the Golden Years Together”, the Company has launched its senior living brand named “China Overseas Jinnian”. Currently, the Company owns and operates two senior China Overseas apartments in Tianjin and Qingdao.
Focusing on the construction of urban cultural amenities, the Company is responsible for the operation of Shenzhen Contemporary Art Centre and Urban Planning Exhibition Hall, which drives the city’s development with a beautiful culture.
The Company has continuously fulfilled its corporate social responsibilities and received numerous honours like “Best Practices for Corporate Social Responsibilities in China” and “The Leading Socially Responsible Company of the Year”. As of 2019, the total amount of the Company’s disaster relief, donations, and public welfare assistance in Hong Kong, Macau and the Mainland exceeded HK$195 million; The Company has continuously sponsored building a total of 14 China Overseas Hope Schools, which boast the best hardware and software capacities among the local schools; The Company has started the new “Sea of Hope” charitable initiative, establishing an industry poverty alleviation model that is closely integrated with business activities; The Company was awarded as“2018 Exemplary Philanthropic Enterprise” and “2019 Award for Real Estate Developer’s Innovative Poverty Alleviation Initiative”. The Company actively promotes the practice and development of green properties and has received more than 281 certifications, such as the Certification of Green Building Design Label, the US LEED Certification, US BOMA Certification, US WELL Certification, and the UK BREEAM Certification with an accumulated green building area of over 54.86 million sq m, besides, the Company attained“No.1 in Real Estate Enterprise Green Credit Rankings Top 50 2019”.
The Company actively takes part in the overall development of the country and participates in the construction of the “National Millennium Plan” — Xiong’an New District. The Company takes the lead to invest, construct and operate the Xiong’an First Tendered Project – Xiong’an Citizens Service Center. Since the service center commenced operation in May 2018, it has become the command center of the construction of Xiong’an New District, which sets a benchmark for future cities.
Going forward, COLI will adhere to a sustainable development strategy based on scale, specialisation and brand building. The Company will continue to expand, strengthen, and optimize the three major businesses, and seek for co-development, all-win situation and a better life together with our clients, shareholders, communities and cities.
To learn more about our Property business, please visit:
(Updated in April, 2020)