{
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  "organisationId": "O-f25c00bc017c4cfabb404c2dd3e12e4c",
  "slug": "china-resources-land",
  "name": "CHINA RESOURCES LAND LTD",
  "updatedAt": "2026-09-28T14:46:36.079809Z",
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    {
      "type": "OVERVIEW",
      "text": "China Resources Land Ltd. is an urban investment, development and operations company focused on real estate in China. Its core activities include developing properties for sale and owning and operating investment properties such as shopping malls, offices and hotels. It also provides asset-light commercial and property-management services, with property-management operations spanning 173 cities nationwide. [P140022564][P140022699][P140022702][P140022751]\n\nThe company states its mission as “Better Quality Better Life.” Its shares are listed in Hong Kong. In 2024, it reported revenue of RMB278.8 billion and, at year-end, employed 65,785 people. [P140022933][P140024129][P140022564][P140023173]\n[P140022564][P140022699][P140022702][P140022751][P140022933][P140024129][P140023173]",
      "updatedAt": "2026-09-28T14:46:36.079809Z"
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    {
      "type": "PRODUCTS",
      "text": "China Resources Land develops and sells residential and other properties. Its income-producing portfolio includes shopping centres under the Mixc, Mixc One and Mixc World names, as well as office buildings, hotels and rental housing. Its hotel portfolio includes the Mumian brand. The company also provides leasing-apartment services. [P140022575][T16008215][T16008218][T16008223][P140022585][P140022610]\n\nIts service offerings include shopping-centre and office leasing, operations and property management; residential property services such as security, cleaning, landscaping and maintenance; and management of urban public spaces. It also undertakes agent construction and operation. In its 2024 comprehensive-revenue presentation, property development accounted for 85.1% of revenue, investment property for 8.4%, and asset-light management for 4.3%. [P140778331][P140778335][P140778357][P140778355][P140022753][P140022649]\n[P140022575][T16008215][T16008218][T16008223][P140022585][P140022610][P140778331][P140778335][P140778357][P140778355][P140022753][P140022649]",
      "updatedAt": "2026-09-28T14:46:36.079809Z"
    },
    {
      "type": "GEOGRAPHY",
      "text": "China Resources Land’s operations are principally in mainland China, with property sales also reported in Hong Kong. Its geographic reporting groups mainland activity into the Shenzhen, South China, Midwest China, East China and North China regions. The company’s head office is at 26 Harbour Road, Wanchai, Hong Kong. [P140024129][T16008041][T16008038]\n\nIn 2024, the company reported RMB261.1 billion of contracted sales. East China accounted for 28.1%, Midwest China 23.9%, North China 18.6%, Shenzhen 14.6%, South China 12.3% and Hong Kong 2.5%. Recognised property-development revenue of RMB237.2 billion was reported across the five mainland regions, led by East China at 32.0%, followed by Midwest China at 23.7% and North China at 23.2%. These percentages describe property-development revenue, not total company revenue. [T16008041][T16008042]\n[P140024129][T16008041][T16008038][T16008041][T16008041][T16008041][T16008041][T16008041][T16008041][T16008041][T16008042][T16008042][T16008042][T16008042]",
      "updatedAt": "2026-09-28T14:46:36.079809Z"
    },
    {
      "type": "SEGMENTS",
      "text": "China Resources Land reports four business segments. Development property covers the development and sale of residential properties, offices and commercial premises. Investment property leases self-developed or subleased properties for rental and other income and long-term value appreciation. Asset-light management comprises commercial operation and property-management businesses. Eco-system elementary includes building operation, construction and operation services, rental housing and industrial property. [P140024891][P140024892][P140024893][P140024894][P140024895]\n\nBased on revenue from external customers in 2024, development property accounted for approximately 85% of consolidated revenue, investment property 8%, asset-light management 4%, and eco-system elementary 2%. These shares use revenue after inter-segment transactions are excluded. [T16008108]\n[P140024891][P140024892][P140024893][P140024894][P140024895][T16008108][T16008108][T16008108][T16008108][T16008108]",
      "updatedAt": "2026-09-28T14:46:36.079809Z"
    },
    {
      "type": "HISTORY",
      "text": "China Resources Land opened Shenzhen Mixc in December 2004, an early milestone in its shopping-mall business. The Mixc portfolio later expanded to Hangzhou in 2010 and Shenyang in 2011, with openings in Zhengzhou, Chongqing and Wuxi in 2014. [T18097750]\n\nIn December 2020, China Resources Mixc Lifestyle, which housed commercial operations that had formed part of China Resources Land’s property business, listed separately on the Hong Kong Stock Exchange. China Resources Land retained a controlling interest after the listing. [P156817539][P156818685]\n[T18097750][T18097750][T18097750][T18097750][T18097750][T18097750][P156817539][P156818685]",
      "updatedAt": "2026-09-28T14:46:36.079809Z"
    }
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