1. China Vanke Co., Ltd
Founded in May of 1984, China Vanke Co., Ltd. is the largest residential real estate enterprise in China, focusing on design, development, management and property sales.
Vanke claimed the 14th spot on the list of Top 500 private enterprises in August of 2012. Additionally, due to a transparent enterprise culture, high quality products and professional services, it has been voted the "Most Respectable Enterprise in China of 2008" by Wall Street Journal (Asia) in August 2008.
In 2012, the sales area covered some 12.96 million square meters and sales volume reached 141.2 billion yuan (US$22.7 billion), a rise of 20.5 percent and 16.2 percent respectively, compared to the same period in 2011. The sales amount proved a new record for the overall industry.
2. Evergrande Group
Established in 1996, this enterprise is engaged in the residential industry, commercial property, tourist compounds, the cultural industry and the sports business. It now owns more than 200 constructions in over 120 cities across China, including residential properties, hotels and travel complexes.
In 2012, the Evergrande brand value stood at 24.86 billion yuan (US$4 billion), which was the champion for three consecutive years of China. The sales volume was 92.32 billion yuan (US$14.85 billion). Besides, the sales area reached 15.49 million square meters, which saw year-on-year rise of 26.9 percent making it No.1 in the country.
With good cost control and increasing economies of scale, it aims to exceed 100 billion yuan (US$16.1 billion) in sales in 2013.
3. Poly Real Estate Group Co., Ltd
Founded in 1992, the company is a large state-owned real estate enterprise held by China Poly Group. It focuses on property development, commodity residential building distribution, as well as the provision of property management services.
By the end of 2012, total assets of the Poly Group came to 378.6 billion yuan (US$60.9 billion) and net assets stood at 88.4 billion yuan (US$14.22 billion). In 2012, revenue reached some 98.9 billion yuan (US$15.91 billion) and the net profit was 13.68 billion yuan (US$2.2 billion). It established itself as a growing company and will invest 93 billion yuan (US$14.96 billion) as direct investment in real estate in 2013.
4. Dalian Wanda Group Corportaion Ltd
Established in 1988, the company's operates in a variety of businesses, including commercial property investment and operations management, luxury hotels, travel investment, the cultural industry and chain departments.
Now it owns 26 Wanda Plazas, 49 five-star hotels, 730 movie theaters, 40 stores and 45 KTVs. It completed the acquisition of AMC Entertainment Holdings Inc. on September 5, 2012, with US$2.6 billion -- making it the largest cinema owner globally.
By the end of 2012, company assets reached 300 billion yuan (US$ 48.27 billion), up 50 percent compared with 2011. The income stood at 14.17 billion yuan (US$ 22.8 billion), up 34.8 percent year-on-year. What's more, it strives to achieve 350 billion yuan (US$ 56.32 billion) in assets and 179 billion yuan (US$ 28.8 billion) in revenue in 2013.
5. China Overseas Land & Investment Ltd
Founded in 1979 in Hong Kong, it is a subsidiary of the China State Construction Engineering Corporation.
According to its annual report, its turnover was HK$64.58 billion (US$ 8.318 billion) by the end of 2012, up 25.8 percent compared with the same period of 2011. In addition, the sold area covered 7.29 million square meters, signifying a rise of 30.6 percent.
