China Resources Mixc Lifestyle Services (CR Mixc Lifestyle; Chinese: 华润万象生活; pinyin: Huárùn Wànxiàng Shēnghuó) is a publicly listed Chinese property management and commercial operational services provider in China.
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| CR Mixc Lifestyle | |
Native name | 华润万象生活有限公司 |
| Company type | Public subsidiary |
| |
| Industry | Real estate |
| Founded | 1994 |
| Headquarters | Shenzhen, Guangdong, China |
Key people | Li Xin (Chairman) Yu Linkang (President) |
| Revenue |  CN¥14.77 billion (2023) |
| CN¥3.91 billion (2023) | |
| Total assets | CN¥27.78 billion (2023) |
| Total equity | CN¥16.04 billion (2023) |
Number of employees | 40,977 (2023) |
| Parent |
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| Website | www |
| Footnotes / references [1] | |
It is a subsidiary of China Resources Land (CR Land) which it used to be part of until it was spun off in 2020.
The company is known for operating the Mixc brand of luxury shopping malls in China.
Background
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CR Mixc Lifestyle's origins can be traced back to 1994 when China Resources invested into Beijing Huayuan Real Estate Company Limited. It then started its property management business which focused on residential property management services. Later on the company reorganized into CR Land.[2]
In 2000, the Shenzhen Mixc mall commenced construction and opened in 2004 as the first under the "Mixc" brand. The "Mixc" brand was developed for commercial operational services.[2]
In 2005, CR Land acquired certain properties from China Resources which allowed CR Land to commence its property management services for office buildings.[2]
In 2017, CR Mixc Lifestyle was incorporated as a company which would contain CR Land's property management and commercial business.[2]
On 9 December 2020, CR Land spun out CR Mixc Lifestyle as a separate entity and held its initial public offering on the Hong Kong Stock Exchange to become a listed company. The offering raised US$1.6 billion.[3][4]
In December 2022, CR Mixc Lifestyle became a member of the Hang Seng Index.[5]
See also
editReferences
edit- ^ "2023 Annual Report" (PDF). CR Mixc.
- ^ a b c d "Prospectus" (PDF). HKEX. 15 August 2017.
- ^ Fioretti, Julia (2 December 2020). "China Resources Mixc Said to Raise $1.6 Billion in Hong Kong IPO". Bloomberg News. Retrieved 7 December 2024.
- ^ Choi, Martin (25 November 2020). "Chinese property management firm launches US$1.6 billion IPO in Hong Kong". South China Morning Post. Retrieved 7 December 2024.
- ^ Zhang, Shidong (18 November 2022). "3 firms added to Hang Seng gauge, blue-chip membership rises to 76". South China Morning Post. Retrieved 7 December 2024.