Country Garden
Encyclopedia
Country Garden is a property development company based in Guangdong
Province, China, owned by Yang Guoqiang
's family (Chinese
: 杨国强; Pinyin
: Yáng Guóqiáng). It focuses on building high-end residential property.
, Guangdong
, Country Garden was listed on the Hong Kong Stock Exchange
on April 20, 2007, making billionaires of five of its shareholders.
Founder Yang Guoqiang built the company from scratch, having previously worked as a farmer and on construction sites.
In 2005, Yang transferred his shares in Country Garden Holdings to his daughter, Yang Huiyan
. In October 2007, she was declared the richest woman in Asia by Forbes Magazine, with a net worth of $16 billion. Yang himself remains chairman and chief executive of the company.
Guangdong
Guangdong is a province on the South China Sea coast of the People's Republic of China. The province was previously often written with the alternative English name Kwangtung Province...
Province, China, owned by Yang Guoqiang
Yang Guoqiang
Yang Guoqiang , is a Chinese entrepreneur, the founder and chairman of Country Garden Group, one of the largest real estate developers in Guangdong Province, Mainland China....
's family (Chinese
Chinese character
Chinese characters are logograms used in the writing of Chinese and Japanese , less frequently Korean , formerly Vietnamese , or other languages...
: 杨国强; Pinyin
Pinyin
Pinyin is the official system to transcribe Chinese characters into the Roman alphabet in China, Malaysia, Singapore and Taiwan. It is also often used to teach Mandarin Chinese and spell Chinese names in foreign publications and used as an input method to enter Chinese characters into...
: Yáng Guóqiáng). It focuses on building high-end residential property.
History
Established in 1997 in ShundeShunde
Shunde District is a district of Foshan prefecture-level city in the Pearl River Delta, Guangdong Province, southeast China.-Administration:Shunde was a county-level city until December 8, 2002, when it became a district of Foshan prefecture-level city...
, Guangdong
Guangdong
Guangdong is a province on the South China Sea coast of the People's Republic of China. The province was previously often written with the alternative English name Kwangtung Province...
, Country Garden was listed on the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
on April 20, 2007, making billionaires of five of its shareholders.
Founder Yang Guoqiang built the company from scratch, having previously worked as a farmer and on construction sites.
In 2005, Yang transferred his shares in Country Garden Holdings to his daughter, Yang Huiyan
Yang Huiyan
Yang Huiyan is the majority shareholder of Country Garden Holdings and one of the wealthiest people in Mainland China, with an estimated net worth of $7.4 billion USD as of March 2009...
. In October 2007, she was declared the richest woman in Asia by Forbes Magazine, with a net worth of $16 billion. Yang himself remains chairman and chief executive of the company.