Based in Shanghai, Ruian Real Estate (stock code: 272) is a leading urban development solution provider in China and is committed to building outstanding sustainable urban communities. Ruian Real Estate has an outstanding track record in developing large, multi-purpose and sustainable communities, and is Ruian Group's flagship real estate company in mainland China. The company currently has 14 projects at various stages of development in central locations in major cities in mainland China. As of December 31, 2022, the land reserve reached 9.3 million square meters (6.8 million square meters developed into leasable and saleable area, 2.5 million square meters for clubhouses, parking spaces and other facilities). The company is also one of the largest private commercial property owners and managers in Shanghai. It has a commercial asset portfolio with a total value of RMB 82 billion, located in a prime location in Shanghai. The company was founded in 2004 and listed on the Hong Kong Stock Exchange on October 4, 2006. Ruian Real Estate was included as a constituent stock of the Hang Seng Composite Index, the Hang Seng Composite Industry Index - Real Estate and Construction, Bloomberg Gender Index, and the Bloomberg ESG Data Index.
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