![cover image](https://wikiwandv2-19431.kxcdn.com/_next/image?url=https://upload.wikimedia.org/wikipedia/en/thumb/a/aa/Country_Garden_logo.svg/640px-Country_Garden_logo.svg.png&w=640&q=50)
Country Garden
Chinese property development company / From Wikipedia, the free encyclopedia
Country Garden (Chinese: 碧桂园; pinyin: Bìguìyuán; Jyutping: bik1 gwai3 jyun4) is a property development company based in Guangdong, China, owned by Yang Guoqiang's family. It ranked 206th in Fortune Global 500 list of 2023.[1] Country Garden features a market capitalization of over US$29.84 billion as of 2018;[6] with 187 high-end township developments throughout China, Malaysia and Australia among its vast international project portfolio. The company is incorporated in the Cayman Islands.[1] Its headquarters are in the town of Beijiao (simplified Chinese: 北滘镇; traditional Chinese: 北滘鎮; pinyin: Běijiào Zhèn), in Shunde District, Foshan.[7]
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Entrance of Country Garden Hong Kong office | |
Native name | 碧桂園控股有限公司 |
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Company type | Public[1] |
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Industry | Real estate, education |
Founded | 1992 |
Founder | Yang Guoqiang |
Headquarters | Shunde, Guangdong , China |
Area served | China, Malaysia,[2] Australia[3] |
Key people | Chairman: Yang Huiyan (楊惠妍)[4] Largest shareholder: Yang Huiyan |
Products | Landed & high-rise residential, commercial, leisure and hospitality developments |
Services | Property and facilities management, hotel management, schools |
Revenue | ![]() |
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Total assets | US$ 252,923.9 million (2023)[1] |
Total equity | ![]() |
Number of employees | ![]() |
Subsidiaries | Country Garden Properties (Malaysia) Sdn. Bhd.,[5] Country Garden Danga Bay Sdn. Bhd.[2] |
Website | www |
In October 2023, the company announced that it was unable to fulfill its offshore debt obligations and was subsequently deemed in default on approximately US$11 billion of bonds, making it another victim of the 2020–2023 Chinese property sector crisis.[8][9]