If Shenzhen was the window to China's reform and opening-up, then Shekou Industrial Zone was undoubtedly the brightest jewel in that window. From tidal flats to a modern metropolis, Shekou witnessed China's economic takeoff, with China Merchants Shekou serving as both participant and architect of this transformation.
Historical Evolution: Vanguard of Reform
The history of China Merchants Shekou is inextricably linked to China's reform and opening-up policy. In 1979, Shekou Industrial Zone was established as China's first open industrial zone, tasked with the mission of "pioneering experimentation." During this era of both opportunity and challenge, Shekou boldly explored market economy principles, accumulating invaluable experience for China's economic reforms.
The company traces its origins to enterprises born in this fertile ground of innovation. From initial industrial park development to subsequent diversified business expansion, China Merchants Shekou has consistently remained at the forefront of progress.
A pivotal moment came in 2015 when the company completed a landmark restructuring and listed on the Shenzhen Stock Exchange (Stock Code: 001979.SZ). This milestone marked its transition into a new developmental phase, allowing for expanded scale, optimized business structure, and enhanced market competitiveness through capital markets.
Business Portfolio: Integrated Urban Development
China Merchants Shekou operates across three core sectors: urban development and operation, integrated park development, and cruise industry construction. In urban development, the company focuses on residential projects categorized into "Growth," "Achievement," and "Heritage" series, delivering high-quality living experiences. It also actively develops industrial parks, commercial complexes, offices, hotels, and serviced apartments, enhancing asset value through refined operations and digital transformation.
The company brings extensive expertise to integrated park development, handling planning, construction, investment attraction, and comprehensive support services to facilitate tenant growth. Additionally, it is building a cruise industry ecosystem encompassing home ports, tourism, and related services.
Notably, its subsidiary China Merchants Property Operation & Service manages 330 million square meters of property space, serving millions of residents with premium property services.
Industry Position and Social Responsibility
With outstanding performance and reputation, China Merchants Shekou ranks among the top five in brand value within its sector, demonstrating strong market competitiveness. As of June 2023, the company reported total assets of 947.6 billion yuan, operating in over 100 global cities and serving more than 10 million customers.
While pursuing economic growth, the company actively fulfills social responsibilities. It has developed innovative philanthropic models aligned with contemporary needs, participating in poverty alleviation and rural revitalization to promote sustainable development. This commitment has earned widespread recognition.
Guided by its core values of "customer focus, practical results, responsibility, and excellence," China Merchants Shekou continues to embrace future challenges and opportunities, contributing to China's ongoing economic development.