SHENZHEN, CHINA: Country Garden Holdings, a leading China-based property developer, has unveiled a new logo on the Company’s 25th anniversary, recently.
The new design retains the “phoenix” motif from the previous logo and mainly consists of three colors — orange, royal blue and golden yellow. However, the design of its edges has been simplified, and with the color of its neck, coronet and tail brightened up, the “phoenix” looks more vibrant, better reflecting the robust growth of the company.
In addition to marking a significant anniversary, the release of a new logo signals that the company is entering a new era, driven by rapid growth and successful expansion into new markets. Some recent achievements include the Construction of the 20 square kilometers (4,900 acres) smart-eco Forest City in Malaysia’s Iskandar Development Region.
Mo Bin the Chief Executive Officer contracted sales in 2016 of more than 308.84 billion yuan (approx. US $45 billion), which resulted in the Company being ranked 273rd on Forbes’ 2017 global 2,000 list of the world’s biggest public companies. This is a jump of 171 spots from last year’s ranking and placed Country Garden among the top-listed real estate developers together with China Vanke, Brookfield Property Partners and Sun Hung Kai Properties.
Through the first five months of 2017, Country Garden has achieved RMB 244.22 billion (approx. US$35.7 billion) in contracted sales and 27.27 million square meters (293 million sq. ft.) in sold Gross Floor Area (GFA). The positive results allowed the company to maintain its world-leading position in this key indicator.
This year the company aims to achieve sales of 400 billion yuan (approx. US$58 billion) and has set a budget of 150 billion yuan ((approx. US$ 21.9 billion) for new land acquisitions.
Country Garden is also implementing community construction practices and concepts in Australia and Indonesia, and plans to extend its footprints further to other markets, including India, Thailand, Vietnam, as well as the United Kingdom and Russia.-PRNewswire/BNN
