The company has two shareholders, respectively, China Oceanwide Construction Group Co Ltd and Beijing Oceanwide Xinhua Property Co Ltd. The former one owns 1.6 billion shares and holds 80% of the total shares. While, the latter one owns 0.4 billion shares and holds 20% of the total shares.
China Oceanwide Construction Group Co Ltd (hereinafter referred to as “Oceanwide”) was founded in 1989 as a comprehensive real estate development company. Its stock listed for trading in Shenzhen Stock Exchange is named “Oceanwide Construction”. The code is “000046”. In addition, Oceanwide has completed massive projects in Shenzhen, Qingdao and Beijing in over ten years, mainly on office buildings, high-end apartments, multi-storey commercial residence buildings, residence communities, industrial factory buildings, etc. Oceanwide has already developed into a listed company with certain scale and strengths. Meanwhile, the company has been awarded “Outstanding Company for Honoring Contract and Keeping Credit” in the past successive ten years by Shenzhen Administration for Industry and Commerce. Furthermore, it has also been awarded “Outstanding Company for Honoring Contract and Keeping Credit” in Successive Ten Years” by Guangdong Administration for Industry and Commerce and the State Administration for Industry and Commerce. The company was authorized with ISO9001/ISO14001 quality and environmental management system by Shenzhen Quality Authentication Center in late 2003.
Beijing Oceanwide Xinhua Property Co Ltd was founded in August 2003 with a registered fund of USD20 million. It is currently engaged in the project of Oceanwide International Residential District in Beijing.