SOHO China Co., Ltd. was founded in 1995 by Pan Shiyi, Chairman of SOHO China, and Zhang Xin, President of SOHO China. SOHO China is a leader in China's real estate industry. Currently, it is the largest real estate developer in Beijing, developing high-end commercial real estate mainly in central Beijing and Shanghai. The company cooperates with internationally renowned architects to combine the needs of local customers and transform innovative design concepts into trend-leading properties. SOHO China develops properties for high-end investors across the country in first-tier urban centers such as Beijing and Shanghai, and provides comprehensive after-sales services such as promotion, rental, and property management; it currently owns and operates some commercial properties in the core area of the city. SOHO China has accurately grasped the opportunity, adhered to unique and innovative architectural concepts, and built buildings in line with the spirit of the times. The projects developed have all become landmark buildings in urban construction. As of February 2012, SOHO China has completed 27 projects under construction, with a total construction area of 5.25 million square meters, of which 2.7 million square meters are under construction and 2.55 million square meters have already been built. As of February 2012, SOHO China has completed and is currently constructing 16 projects in Beijing, including Wangjing SOHO, Galaxy SOHO, Sanlitun SOHO, communes at the foot of the Great Wall, and Qianmen Street, with a total construction area of 3.5 million square meters. On August 18, 2009, SOHO China announced the acquisition of SOHO Donghai Plaza in Shanghai. The completion of this acquisition marks the expansion of SOHO China's business into a bustling area in the center of Shanghai. Currently, there are 10 completed and ongoing projects in Shanghai, including Sky Sky SOHO and Bund SOHO, with a total construction area of about 1.71 million square meters. Furthermore, SOHO China has also developed and built the Boao Blue Coast in Boao, Hainan. The projects developed by SOHO China have all achieved great commercial success, and have been the sales champions in Beijing, Shanghai, and the whole country for many years. SOHO China has been actively implementing corporate citizenship. Since 2003, SOHO China has been one of the top 10 taxpayers in China's real estate industry for many years; SOHO China established the charity “Beijing Search China City Cultural Foundation” (“SOHO China Foundation” for short) in 2005, adhering to the concept of “promoting social material development while promoting spiritual progress and growth”. Donated projects mainly focus on underfunded and underserved areas, especially education projects related to them. SOHO China firmly believes that material progress and spiritual growth must be balanced. On October 8, 2007, SOHO China successfully listed on the Hong Kong Stock Exchange (stock code: 410), raised 1.9 billion US dollars, and created an IPO for Asia's largest commercial real estate company. From 2006 to 2010, SOHO China was selected as the “Most Admired Chinese Company” All-Star List by the Chinese edition of “Fortune” magazine for five consecutive years. “The material goal we pursue is to create high-quality architectural works that are unique to the city, in line with the spirit of the times, and in line with the way people live and work in the future. Honesty, unity, and innovation are the spiritual qualities we pursue.” ——Pan Shiyi
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