Country Garden

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For the English folk tune, see Country Gardens.
Country Garden (Holdings) Limited
碧桂园控股有限公司
Type Privately held company
Industry Real estate
Founded 1997
Founder(s) Mr. Yang Guoqiang
Headquarters Shunde, Foshan, Guangdong, People's Republic of China
Area served People's Republic of China, Malaysia
Key people Chairman: Mr. Yang Guoqiang
Largest shareholder: Miss Yang Huiyan
Website Country Garden (Holdings) Limited

Country Garden (Chinese: 碧桂園; Pinyin: Bìguìyuán) (SEHK: 2007) is a property development company based in Guangdong Province, China, owned by Yang Guoqiang's family (Chinese: 杨国强; Pinyin: Yáng Guóqiáng). It focuses on building high-end residential property.

History

Established in 1997 in Shunde, Guangdong, Country Garden was listed on the Hong Kong Stock Exchange on April 20, 2007, making billionaires of five of its shareholders.

Founder Yang Guoqiang built the company from scratch, having previously worked as a farmer and on construction sites.[citation needed]

In 2005, Yang transferred his shares in Country Garden Holdings to his daughter, Yang Huiyan. In October 2007, she was declared the richest woman in Asia by Forbes Magazine, with a net worth of $16 billion.[1] Yang himself remains chairman and chief executive of the company.[citation needed]

In 2011, Country Garden became involved in the Siege of Wukan, as it had negotiated with the local government to seize villagers' lands, a move that sparked the protests.[2]

See also

Notes

  1. ↑ China's richest person is 26-year old woman: Forbes, Reuters, Oct 8, 2007.
  2. ↑ http://www.nytimes.com/2011/12/17/world/asia/wukan-revolt-takes-on-a-life-of-its-own.html?hp

External links

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