ROHE

What ROHE does

ROHE (荣和集团), legally Guangxi Ronghe Enterprise Group Co., Ltd. (广西荣和企业集团有限责任公司), is a privately held Guangxi-based real estate group founded in 1992 and headquartered in Nanning. The group's core business is property development, organized into six residential and commercial product lines — TOP系, 豪宅系, 品质系, 旅游系, 商业系 and 商务写字楼系 — and executed through more than 40 projects across all six major regions of Guangxi, including Nanning, Liuzhou, Guilin, Beihai, Yulin and Guigang. Cumulative development exceeds 23 million square meters, cumulative sales exceed 200 billion CNY, and the group has delivered housing to more than 360,000 homeowners, including 12,000+ units in 2023.

Beyond development, ROHE operates a vertically integrated business stack: a commercial property division (荣和商业) holding over 1.5 million square meters of commercial GFA across branded formats (荣和悦MALL, 荣和悦坊FUN, 荣和悦家+), a property management subsidiary (五心物业) serving the company's own communities, a hotel operation (邕江宾馆) upgraded with Singapore Manhattan Hotel management, a 14-branch members' club (21世纪名人俱乐部) spanning Nanning/Liuzhou/Guilin, and the Ronghe Love Foundation, a charitable vehicle established in 2009. Pricing spans retail shop units at 8,500-32,500 CNY/sqm, premium residences around 18,500 CNY/sqm and office towers near 13,500 CNY/sqm, with bank credit support exceeding 50 billion CNY from five state-owned banks under a 2020 strategic agreement with ICBC Guangxi.

Revenue is generated through four streams: one-time residential and commercial unit sales (primary), recurring commercial rental income from owned retail assets, recurring property management fees, and recurring hotel and club revenue. Distribution is entirely domestic and Guangxi-centric, executed through on-site project sales centers and an in-house sales force. The group holds National Class I qualifications for real estate development and property management, an AAA credit rating, and has been consecutively named a China Top-100 real estate enterprise and the leading Guangxi local developer by sales for nine consecutive years.

Name

ROHE

Legal name

广西荣和企业集团有限责任公司

Website

https://ronghe.com.cn

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1–10 employees

Short description

ROHE (荣和集团) is a privately held Guangxi-based real estate developer founded in 1992, operating 40+ residential and commercial projects across Nanning, Liuzhou, Guilin, Beihai, Yulin and Guigang, with integrated property management, commercial, hospitality and club operations serving more than 360,000 homeowners.

Ownership category

akta.pro rank

Headquarters

HQ city

Nanning

HQ country

China

HQ region

Asia

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. 房地产开发销售: 通过开发并销售住宅、商业、写字楼等产品获取收入，这是公司的主要收入来源
2. 商业物业运营: 通过自持商业物业出租及运营获取持续性收入，运营约150万㎡商业面积
3. 物业管理服务: 通过旗下物业公司为业主提供物业管理服务获取收入
4. 酒店运营: 通过运营邕江宾馆等酒店获取住宿及餐饮收入

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

ROHE (荣和集团) develops, sells, and operates residential properties (TOP luxury, 豪宅 luxury, 品质 quality, and 旅游 tourism series), commercial properties (shopping malls, community commercial, and Class A office buildings such as 荣和E中心), and provides recurring services including Five Hearts property management (五心物业) to 360,000+ homeowners, club and fitness services through 21st Century Celebrity Club (14 branches), and hotel operations through Yongjiang Hotel (邕江宾馆). Revenue is generated primarily through one-time real estate unit sales (¥8,500–¥32,500/sqm for shops, ~¥18,500/sqm for premium residences, ~¥13,500/sqm for offices) plus recurring leasing, property management, club, and hospitality income.

Product overview

ROHE (荣和集团) is a diversified real estate developer in Guangxi, China, with a comprehensive portfolio spanning residential development (TOP系, 豪宅系, 品质系, 旅游系), commercial properties (商业系, 商务写字楼系), and service businesses. The company's core residential products are organized into six distinct product lines: TOP系住宅 for ultra-luxury, 豪宅系住宅 for luxury, 品质系住宅 for quality homes, 旅游系 for tourism-themed properties, 商业系 for commercial spaces, and 商务写字楼系 for office buildings. Their commercial operations include three branded formats: 荣和悦MALL (shopping malls), 荣和悦坊FUN (regional commercial centers), and 荣和悦家+ (community commercial). Supporting services include 五心物业 (property management), 荣和会所/俱乐部 (club services), and the 广西荣和爱心基金会 (charitable foundation). The company has developed over 40 projects across Guangxi, serving more than 360,000 residents.

Differentiator

Problem solved

Functional benefit

Brands

• 荣和二十一世纪名人俱乐部: 健身、休闲、娱乐为一体的专业性社区服务机构，旗下拥有14家分会所
• 广西荣和爱心基金会
• 邕江宾馆
• 荣和商业
• 五心物业

Products and services

• TOP系住宅 (Top-tier Residential Series) Ultra-premium top-tier residential product line targeting high-net-worth individuals, representing ROHE's most luxurious housing offerings.
• 豪宅系住宅 (Luxury Residential Series) Luxury residential product line featuring high-end specifications and premium amenities for affluent buyers.
• 品质系住宅 (Quality Residential Series) Quality residential product line offering well-designed homes with strong value proposition for middle-income buyers.
• 旅游系 (Tourism Residential Series) Tourism-themed residential products combining vacation living with property investment, including projects like 荣和·银滩蓝湾.
• 商业系 (Commercial Property Series) Commercial property product line including retail spaces and shopping centers sold to commercial investors.
• 商务写字楼系 (Office Building Series) Business office building product line, including Class A office spaces such as 荣和E中心.
• 荣和悦MALL Large-scale shopping mall brand under the commercial operations segment, targeting regional commercial centers across Guangxi.
• 荣和悦坊FUN Regional complex commercial center brand offering diversified retail and entertainment experiences.
• 荣和悦家+ Community-based commercial supporting brand providing diverse lifestyle services for residential communities.
• 五心物业 (Five Hearts Property Management) Property management service brand offering '五心一站式' (Five Hearts One-Stop) service, providing property services to over 360,000 homeowners across ROHE communities.
• 荣和会所/俱乐部 (21st Century Celebrity Club) Club and leisure service brand offering fitness, swimming, badminton, basketball, tennis, and entertainment across 14 club branches in Nanning, Liuzhou, and Guilin.
• 邕江宾馆 (Yongjiang Hotel) Nanning landmark building upgraded into a high-end business hotel, providing hospitality, accommodation, and dining services.

Quantifiable outcome

• 荣和集团荣登2023中国房企稳健经营十强及2023中国房企综合实力TOP100榜单
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• 邕江宾馆coreStrategic or Co-development Partner · 1 January 2021邕江宾馆与荣和俱乐部联合推出双11大促活动，实现资源共享。
• 中国工商银行广西分行coreStrategic or Co-development Partner · 1 January 2020荣和集团与中国工商银行广西分行签署《年度战略合作协议》，建立长期战略合作关系。
• 北部湾银行minorStrategic or Co-development Partner · 1 January 2019北部湾银行佛子岭支行与荣和千千树合作，在小区播放露天电影及举办有奖问答活动。
• 新加坡曼哈顿酒店coreStrategic or Co-development Partner · 1 January 2018新加坡曼哈顿酒店为荣和金座项目提供酒店托管服务，集合女性高端消费服务行业。
• 精通集团coreStrategic or Co-development Partner · 1 January 2018精通集团为荣和金座项目提供酒店托管服务。
• 北大博雅幼儿园coreStrategic or Co-development Partner · 1 January 2016荣和集团在多个项目引入北大博雅幼儿园系列，在南宁3所、柳州1所、桂林1所设立幼儿园。
• 北京大学南宁附属实验学校coreStrategic or Co-development Partner · 1 January 2000引入北京大学南宁附属实验学校，为社区提供优质教育资源。

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Logan Group: Logan Group is a Hong Kong-listed Chinese property developer with substantial operations in Guangdong and Guangxi, overlapping directly with ROHE in southwestern regional markets, residential product mix, and tier-2 city focus. Its scale and product positioning (residential-led with some commercial) make it a close comparable for a Guangxi-rooted regional player.
• KWG Group: KWG Group is a Guangzhou-headquartered developer with significant residential and commercial property operations in southern China, including Guangxi exposure. Its mix of residential projects, commercial property, and a property management arm closely mirrors ROHE's multi-vertical, southern-China-anchored business model.
• R&F Properties: R&F Properties is a Guangzhou-based Chinese developer with diversified residential and commercial property operations, including exposure to southern provincial markets. Its mixed residential, commercial, and hotel portfolio is structurally similar to ROHE's integrated property group structure.
• Zhongliang Holdings: Zhongliang is a mid-tier Chinese developer with a residential product focus on tier-2 and tier-3 cities, comparable to ROHE's Guangxi-oriented, multi-product-line housing approach. Its scale and reliance on regional execution rather than tier-1 dominance make it a similar mid-market peer.
• CIFI Holdings: CIFI is a mid-tier national Chinese developer historically focused on tier-1.5 and tier-2 cities with a residential-led product portfolio comparable to ROHE's. Its scale, multi-product housing approach, and exposure to southern and eastern provincial markets parallel ROHE's position as a strong regional franchise with cross-province reach.

Broad incumbents

• China Resources Land: China Resources Land is a top-tier national Chinese developer with diversified residential, commercial, and property management operations. Its scale, mixed-use project approach, and integrated property services platform make it a useful incumbent benchmark for evaluating ROHE's long-term operating potential.
• Sunac China: Sunac is one of China's largest national developers with a residential-led portfolio and significant tier-2 city exposure. Despite its current restructuring situation, its historical product mix and regional expansion strategy (including into southwestern China) overlap with ROHE's addressable markets and customer segments.
• Greentown China: Greentown is a national top-tier Chinese developer with a strong premium residential brand and broad geographic reach. While much larger and more diversified than ROHE, it operates in the same product categories (residential communities with property management) and competes for premium-buyer demand in tier-2 cities.
• China Vanke: Vanke is one of the largest national Chinese developers, with broad residential, commercial property, and property service operations. Although Vanke's scale, financing access, and geographic footprint far exceed ROHE's, the two share the same integrated real estate business model covering development, commercial, and property management.
• Country Garden: Country Garden is China's largest developer by sales, with a strong presence in tier-3 and tier-4 cities across southern China, including Guangxi-adjacent provinces. Its residential-led, mass-market focus on lower-tier cities competes directly with ROHE for buyers in similar demographic and geographic segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ROHE