CHINA RESOURCES LAND LTD

Overview

China Resources Land Ltd is a China-focused real-estate and urban-development group whose core businesses span property development and sales, investment-property rentals, and asset-light property and commercial management. The company describes its model as “Invest-Develop-Operate” and its positioning as a “World-Class Urban Investor, Developer, and Operator.” [1] Its business is concentrated in mainland China, with operations reported across Northern, Southern, Eastern, and Central & Western China.[2]

The company’s stated mission is “Better Quality, Better City.” [3] For the year ended 31 December 2025, it reported revenue of RMB281.438 billion and 59,077 employees.[4][5] [1]+4

Products & services

China Resources Land’s principal products are residential and mixed-use developments, including projects such as Shenzhen Bay Yunxi, Shanghai Yunqi Riverside, Jieyang Rongjiang Yuefu and Changsha Runfu. Its investment-property portfolio also includes office buildings and hotels, with examples including Beijing CR Building, Shenyang Grand Hyatt and Xiaojin Bay Le Meridien.[6]+3

The company also provides commercial property and asset-management services. Its self-owned shopping malls operate under the Mixc name; as of June 2026 it reported 98 self-owned malls in operation, while its subsidiary CR Mixc Lifestyle managed 138 malls.[10][11] Other service offerings include commercial operation and property management, sports and cultural venue operations, rental housing, and urban construction management and consulting. Its rental-housing portfolio comprised 52,000 rooms across 62 operating projects in the first half of 2026.[12][13]

Technical and value-added offerings include intelligent building systems, integrated mechanical and electrical engineering, building-energy efficiency, smart-park design, system commissioning and maintenance, smart-home delivery, energy management, and spatial-intelligence and energy-technology projects.[14] For the first half of 2026, disclosed external revenue was RMB45.26 billion from development property (66.7%), RMB14.16 billion from investment-property rental (20.9%), and RMB8.45 billion from asset-light, fee-based management (12.4%).[15] [6]+9

Geographic presence

China Resources Land’s reported property-development geography is concentrated in the PRC, with regional reporting that divides the mainland into Northern, South, East, and Central and Western China. In the first half of 2026, South China contributed 41.6% of recognized revenue, followed by East China at 23.0%, Central and Western China at 18.2%, and Northern China at 17.2%.[2] [2]+3

Business segments

China Resources Land reports three operating segments, which it also describes as its “three growth curves”: development property, investment property rental, and asset-light management fee-based business. Development property covers property development and sales; investment property rental generates income from the company’s investment properties; and the asset-light segment provides fee-based management and operating services, including commercial and property management, asset management, sports and cultural venue operations, rental housing, and urban construction management and consulting.[16]+2

For the six months ended 30 June 2026, external revenue was RMB45.263 billion from development property (approximately 66.7% of consolidated revenue), RMB14.161 billion from investment property rental (20.9%), and RMB8.446 billion from asset-light management (12.4%). These shares use total external revenue of RMB67.869 billion as the denominator; they are approximate and may not sum exactly due to rounding.[16] [16]+8

Company history

China Resources Land was restructured and established in 1994, and listed on the Hong Kong Stock Exchange in 1996.[19][20] On 28 January 2002, its name changed from China Resources Beijing Land Limited to China Resources Land Limited; that year, the company also began its Shenzhen China Resources Center project, marking its entry into urban renewal.[21][22] In 2008, an acquisition from its parent company added 4.3 million square metres of gross floor area to its land bank.[23] A later leadership transition saw Tang Yong appointed CEO in December 2018 and Chairman in February 2019; Li Xin became Chairman in May 2022.[24]+2 [24]+7

Sources

• CHINA RESOURCES LAND LTD — Presentation (2025 Y)[1]
• CHINA RESOURCES LAND LTD — Full financial report (2026 H 1)
  11 citations

  [2][6][10][11][12][13][14][15][16][17][18]
• www.crland.com.hk[3]
• CHINA RESOURCES LAND LTD — Full financial report (2025 Y)
  6 citations

  [4][5][7][8][9][26]
• www1.hkexnews.hk[19]
• en.crland.com.hk[20]
• companieshouse.hk[21]
• www.crland.com.hk[22]
• crland-umb.azurewebsites.net[23]
• CHINA RESOURCES LAND LTD — Full financial report (2018 Y)[24]
• CHINA RESOURCES LAND LTD — Full financial report (2019 Y)[25]