Wu Yajun, the founder, chairman, and former CEO of this Chongqing-founded real estate group, was once among the richest women in China. Effectively she still is, but last year Wu transferred her entire stake in Longfor to a trust controlled by her daughter. Wu still has sway over Longfor, however, which last year saw contracted sales rise 28.5% to $30 billion. The developer, which invests in both commercial and residential space, had a land bank of 70.93 million square meters as of June, with the majority of properties in high-demand areas of Tier 1 cities. The company’s stock is on a strong upward trend, rising 37% this year.
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Real Estate Management and Development
|Revenues ($M) (Past 12 Months)||$18,645|
|Profits ($M) (Past 12 Months)||$2,508|
|Market Value as of Oct. 9, 2019 ($M)||$23,221|
Refinitiv Sustainable Leadership Monitor
The Sustainable Leadership Monitor is independent and separate from BCG and the Future 50.