Details

Last Funding Type

Post-IPO Equity

Last Funding Money Raised

$108.60M

Industries

Construction

Founded date

Jan 1, 1997

Number Of Employee

1001 - 5000

Operating Status

Active

Xinyuan Real Estate Co., Ltd. ("Xinyuan") (NYSE: XIN) is a developer of large scale, high quality residential real estate projects aimed at providing middle-income consumers with a comfortable and convenient community lifestyle. Founded by Mr. Yong Zhang in Zhengzhou in 1997, Xinyuan primarily focuses on China's high growth cities, characterized as larger, more developed urban areas with above average GDP and population growth rates. Xinyuan started expanding across China in 2006 primarily in select Tier II and III cities, including Zhengzhou, Jinan, Kunshan, Suzhou, Xuzhou, Chengdu, Hefei and Changsha. Xinyuan is headquartered in Beijing and has one Beijing-based project. The Company acquires development sites primarily through public auctions of government land and adopts a developing strategy of fast asset turnover. Xinyuan's U.S. development arm, XIN Development Group International, Inc. ("XIN") is a pioneer amongst Chinese real estate residential developers, entering the US market in 2012. Xinyuan completed its initial public offering in 2007 and is the first real estate developer from China to be listed on the New York Stock Exchange.