Franshion Properties (China) Limited (FPCL), the flagship enterprise of the real estate development business of Sinochem Group, a World Top 500 enterprise, was officially listed in the Stock Exchange of Hong Kong Ltd. in 2007 (stock code: 00817). With the spirit of pursuing excellence from Sinochem Group, its parent company, FPCL is committed to becoming a leading high-end commercial estate developer and operator in China, adhering to the synergic development strategy of multiple realty modalities, and continually expanding its leading advantage in the field of high-end real estate of China.
The english name of the company has been changed from “Franshion Properties (China) Limited” to “China Jinmao Holdings Group Limited” and the stock short name for trading in the shares on the Stock Exchange will be changed from “FRANSHION PPT” to “CHINA JINMAO” with effect from September 2015.
With “releasing urban future vitality” as product concept, FPCT is devoted to the development of urban landmark characterized by unique artistic taste, pursuing harmony and co-prosperity of human being, architecture and nature. In the past 12 years, FPCT spared no effort to create architectural classics in the most valuable land of China, such as Shanghai, Sanya, Shenzhen and Beijing, and continually redefined the high-end and quality relying on forward-looking vision.
As for real estate development, FPCL put focus on high-end exquisite project, and currently boasts several ones in different development stages in the domestic cities including Beijing, Shanghai, Qingdao, Changsha, Lijiang etc. or in famous tourist resorts. Of those projects, Shanghai Port International Cruise Terminal and Shanghai International Shipping Service Center, two featured waterfront projects located in the core area of North Bund, are key projects of the strategy of Shanghai municipality in building its International Shipping Service Center. Jinmaofu, located at Guangqu road of Beijing, has become a new surveyor’s pole of high-end residential housing in the CBD core area of Beijing. Jinmao Shijia Project, located in Lijiang of Yunnan Province, will be built into a top-grade complex, integrating the function of residence and leisure. In addition, Changsha Meixi Lake Project, invested and developed by FPCL, will become a core demonstration area in the West Dahe Pioneering District of Changsha.
As for the property management, FPCL owns and manages high-end properties in Beijing and Shanghai, with a total building area of approximately 400,000 m2. Both Beijing Chemsunny World Trade Center and Shanghai Jin Mao Tower, developed and owned by FPCL, are landmark architectures in the core business district in China. In addition, with various laurels in the field of architecture, the two buildings have also been taking the lead in occupancy rate and rental level.
As for the hotel operation, FPCL owns six super-luxury hotels including Westin Beijing Chaoyang, Wanfujing Grand Hotel, Grand Hyatt Shanghai, Ritz-Carlton Sanya Hotel, Hilton Sanya Resort & Spa, and JW Marriott & Hotel Shenzhen, with a total building area of about 410,000 m2 and nearly 3,000 guest rooms. These aforementioned hotels all have good location in the first-tier cities or 5A-class holiday resorts, demonstrating the extraordinary strength of Franshion brand in the field of domestic hotel investment.
With good team management, excellent strategic guidance and quality product, FPCL developed stably and received wide recognition. In the list of the “Top 30 Real Estate Enterprises of China in 2008”, launched by www.guandian.CN in 2009, FPCL ranked number one; in 2010, FPCL was awarded China Blue Chip Real Estate Enterprise appraised by “The Economic Observer”; from 2009 to 2011, FPCL has been listed among “Top 15 Outstanding Mainland Property Market Shares” appraised by the “Economic Digest” of Hong Kong for three consecutive years; from 2008 to 2011, FPCL ranked in the “Top 10 Fortune Creation Ability of Mainland Real Estate Enterprises Listed in Hong Kong” published by the China Real Estate TOP10 Research Group for four consecutive times; in 2010, “Jinmao” trademark was determined as “Famous Trademarks of China” by the Trademark Office of the State Administration for Industry & Commerce; in 2011, FPCL won the title of “China Responsibility Real Estate TOP50”. Moreover, FPCL has been chosen as Heng Seng Composite Index Series, Heng Seng Freefloat Composite Index Series, and Morgan Stanley Capital International Index (MSCI) China Index Constituents Stock.
In the end of 2010, FPCL officially listed development of green and low-carbon buildings in its enterprise strategic development and, while stressing on project quality, paid more attention to resource-saving and environment sustainable development. In 2011, FPCL realized the first PandaStandard carbon transaction in China, and its building of Jinmaofu Primary School obtained the first domestic double-standard highest grade green school certification. In addition, FPCL completed Meixi Lake green ecological urban design planning and high-end property leed golden award design. FPCL has actively performed its social responsibility, built support platforms with multiple parties, including professional scientific research units, green suppliers, domestic and overseas green low carbon associations etc., and continually made progress in green school, commercial and ecological urban construction.
In 2011, FPCL launched high-end residential series products with “Jinmao” brand as the core including Beijing Jinmaofu, Shanghai Jinmao Villa and Lijiang Jinmao Shijia, and continually developed the perfection standard as well as legendary services of Jinmao brand. FPCL will build extraordinary landscape and brand new classics for the city.