Is Ocean Land a central enterprise?

In recent years, with the vigorous development of the real estate market, many large and small Fangda real estate companies have emerged in the market. These real estate companies are not only private enterprises, but also some of them have a certain background of central enterprises. So, is Ocean Land a central enterprise? Introduce it to everyone in this article.

Ocean Land is a real estate enterprise with the background of central enterprises, because Ocean Land was originally a subsidiary of China Ocean Holdings Co., Ltd., and was officially listed on the Hong Kong Stock Exchange in 2007, mainly engaged in residential development, urban complex construction, apartments, overseas investment and so on. Although there is foreign capital injection, its largest shareholder still belongs to the central enterprise COSCO Group, so the real estate company still belongs to the central enterprise to a certain extent.

Advantages of marine real estate

1, strong

Ocean Real Estate Company has strong financial strength, with three major shareholders: COSCO Group, China Life Insurance and Sinochem Group.

2. It has strong competitiveness in the Bohai Rim region.

Ocean Land has a strong market competitiveness in Bohai Bay, and its residential share in Beijing has been in the forefront for several years. More than half of the company's income comes from this field.

3. Accurate positioning of land reserve.

Ocean real estate has always adhered to the Bohai Bay area as the core and gradually developed to the Yangtze River Delta and Pearl River Delta regions. The land reserve is more than10 million square meters, of which more than 70% comes from Bohai Bay.

The company has developed rapidly.

In recent years, the sales of offshore real estate has reached tens of billions of yuan, and it is increasing year by year. At the same time, the company also issued new shares and bonds to stabilize its balance sheet.

Disadvantages of marine real estate

Marine real estate is highly dependent on the Bohai Rim market. If the market fluctuates in this respect, it will have a great impact on its performance. At the same time, in terms of regional development, compared with other large real estate developers, there is still a certain gap in resource allocation and operation.

The above is an introduction about whether Ocean Land is a central enterprise. I hope you can have a certain understanding of the nature of real estate companies in the market and let you choose real estate developers with good quality and good reputation.