Country Garden Holdings Company Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Bin Mo
- Full Time Employees
- 22,794
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Address
- Country Garden Centre Foshan People's Republic of China 528312
- IPO Date
- Jun 6, 2007
- Website
- countrygarden.com.cn
- Similar Companies
- Business
- Country Garden Holdings Company Limited (2007.HK; OTC: CTRYF) develops and sells residential properties, townships and integrated communities; provides construction, interior decoration and property management services; and operates hotels, alongside robot research and development, project management and investment consulting. Founded in 1992 and headquartered in Foshan, Guangdong province, China, the company, a Cayman Islands-incorporated subsidiary of Concrete Win Limited, primarily targets third- and fourth-tier cities in mainland China, with past international projects in Malaysia and Australia. It employs a rapid "456" development model for quick project turnaround and implements profit-sharing incentives for management. Country Garden operates through property development, technology-enabled construction and other segments including property investment, hotel management and smart construction, serving residential, commercial and urban customers domestically. In response to its 2023 offshore debt default of approximately $11 billion amid China's property crisis, the company pursues a $14.1 billion offshore restructuring, securing bondholder support in April 2025 and agreeing to bank creditor terms by July 2025, aiming for completion by end-2025; it prioritizes property delivery, asset disposals recovering over 65 billion yuan since 2022 (including stakes in Wanda Commercial Management and Landspace), and a "one body, two wings" strategy for stabilization. Controlling shareholder Yang Huiyan, who succeeded as chair in 2023, converts her $1.15 billion shareholder loan to equity and acquires Malaysian subsidiary interests, reducing her stake post-restructuring to at least 40%.
Country Garden Lost $24.33 Billion in 2023
Exclusive: Country Garden submits offshore debt restructuring plan to creditors, sources say
Country Garden Services to sell stake in Zhuhai Wanda for $446 mln
Country Garden Avoids Further Default With Payments on Onshore Bonds
Country Garden says it aims to pay onshore coupons due Thursday by May 13
Exclusive: Country Garden plans to present debt revamp plan in second half, sources say
Country Garden shares suspended from Hong Kong stock exchange
Country Garden Delays Annual Results, Expects Trading Suspension
China's Country Garden gets liquidation petition from creditor
Explainer: Country Garden: How bad are its debt problems?
Country Garden Holdings Faces Winding-Up Petition in Hong Kong
China's Country Garden says over 30 projects have local government support
China's Country Garden looks to sell $570 million London development
As Evergrande faces liquidation, is Country Garden next?
Country Garden's offshore bondholders pick Kirkland for debt revamp talks - source
China's Country Garden nears full exit from Australia with residential project sale
China's Country Garden makes move to aid debt restructuring
Country Garden to Make Disposal to Aid Debt Restructuring
Chinese property developer Country Garden reportedly set to avert yuan bond default
Shares of Country Garden and other top China property developers surge on hopes of new government support