Longfor Group Holdings

    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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    Company Information

    Overall Score1
    SectorReal Estate
    IndustryReal Estate Management and Development
    CEOWu Yajun
    Websitewww.longfor.com
    HQ LocationBeijing
    CountryChina
    Revenues ($M) (Past 12 Months)$18,645
    Profits ($M) (Past 12 Months)$2,508
    Market Value as of Oct. 9, 2019 ($M)$23,221
    Employees24,107