They are all A-share listed companies of COFCO Real Estate, real estate companies under COFCO, residential real estate, H-share listed companies of COFCO Real Estate, and commercial real estate. At present, COFCO is integrating COFCO real estate and COFCO real estate, that is, the merger of residential real estate and commercial real estate. At present, a company named COFCO Land has been listed in Beijing, and COFCO has a hotel division, which specializes in real estate hotels. The COFCO Land Company under this department will become a platform for the integration of COFCO Real Estate and COFCO Land.
That is, COFCO (Grandpa)-COFCO Land (Dad)-COFCO Real Estate (Son) of COFCO Real Estate and Hotel Division.