According to Aiqi's inquiry, Sun Hung Kai and China Resources are two independent companies, both of which are powerful real estate developers. In some areas, such as Hangzhou and Wuxi, the two sides will jointly develop projects. Usually Sun Hung Kai provides funds and some development concepts, while China Resources Land is responsible for the development and implementation of specific projects. For example, Vientiane City in Hangzhou was developed by Hangzhou China Resources Sun Hung Kai Co., Ltd. Although Sun Hung Kai and China Resources have cooperative relations on some projects, they are independent entities in law and operation.
China Resources Sun Hung Kai (Hangzhou) Co., Ltd. was established on June 5438+February 0 1 in 2005, with its registered place at No.701Fuchun Road, Sijiqing Street, Shangcheng District, Hangzhou, Zhejiang Province. China Resources (Group) Co., Ltd. (hereinafter referred to as China Resources or China Resources Group) was established in 1938, formerly known as an underground traffic station. The main business includes manufacturing and distribution of consumer goods, real estate and related industries, infrastructure and public utilities.