CASIN Real Estate Development Group

Name

CASIN Real Estate Development Group

Legal name

财信地产发展集团股份有限公司

Website

https://casindev.com

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Futian

HQ country

China

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development: Core revenue stream from development and sales of residential, commercial, office, hotel, and specialty town properties. Total development volume approximately 12 million square meters.
2. Environmental Protection Services: Revenue from hazardous waste resource utilization through subsidiary Chongqing Hanyu Renewable Resources Co., Ltd. and hazardous waste treatment operations.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

CASIN Real Estate Development Group is a Chinese A-share listed real estate developer that plans, develops, and sells residential, commercial, office, hotel, and specialty town properties across more than 50 cities, with cumulative development volume of approximately 12 million square meters. Since 2017, the company has operated a secondary hazardous waste recycling business through its subsidiary Chongqing Hanyu Renewable Resources Co., Ltd., providing treatment for industrial hazardous waste including acidic etching solutions, cyanide-containing liquids, copper-bearing liquids, nickel-containing sludge, and waste packaging barrels.

Product overview

CASIN Real Estate Development Group (财信发展) operates as a multi-segment real estate and environmental services company. The core offering is organized around four major business systems: 美好人居 (Beautiful Habitat) for residential real estate development, 鲜活城市 (Vibrant City) for commercial management including Caixin Plaza shopping complexes, 智慧物业 (Smart Property Services) for intelligent property management through Caixin Life+, and 生态环保 (Eco-friendly Environmental) for hazardous waste recycling and resource recovery. The company develops various property types including large urban complexes, high-end residential projects, office buildings, hotels, and specialty towns. Total development volume reaches nearly 12 million square meters across over 50 cities.

Differentiator

Problem solved

Functional benefit

Brands

• 财信智慧服务: Smart property management service brand focusing on space and life services with data-driven and intelligent capabilities
• 财信商业
• 财信生活+
• 财信广场

Products and services

• Beautiful Habitat (美好人居) Residential Real Estate Development Residential real estate development covering high-end residences, large urban complexes, and commercial complexes; the core property development arm of the company with cumulative development volume of approximately 12 million square meters across more than 50 cities.
• Vibrant City (鲜活城市) Commercial Property Management Commercial management services for shopping plazas and retail spaces, operating Caixin Plaza commercial complexes and providing ongoing management of completed commercial assets.
• Smart Property Services (财信智慧服务 / 财信生活+) Intelligent property management services leveraging data and technology to provide space and life services to property owners and communities through the Caixin Life+ (财信生活+) technology platform.
• Eco-Friendly Environmental (生态环保) Hazardous Waste Recycling Hazardous waste recycling and resource recovery services operated through subsidiary Chongqing Hanyu Renewable Resources Co., Ltd., treating iron-containing waste hydrochloric acid, acidic etching solutions, waste sulfuric acid, waste nitric acid, waste alkali, cyanide-containing liquids, gold- and palladium-bearing waste, photosensitive waste, copper-bearing liquids, nickel-containing sludge, oil-based drill cuttings, and waste packaging barrels.
• Specialty Town (特色小镇) Development Characteristic town development projects created through the strategic partnership with Blue City Group and Greentown Development, focusing on rural land reform opportunities and rural revitalization policy initiatives.
• Long-term Rental Apartments (长租公寓) Rental housing product developed through the strategic partnership with Greentown Development, leveraging brand and management output to enter the trillion-yuan long-term rental apartment market.

Quantifiable outcome

• Total development volume: approximately 12 million square meters
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered minor and core.

• 盈峰集团 (Yingfeng Group)minorStrategic or Co-development Partner · 17 February 2023Meeting held on February 17, 2023 between Chairman Jia Sen and Yingfeng Group's Co-President and Chief Investment Officer Su Bin. Both parties discussed enterprise transformation, development cooperation, policy orientation, and industrial development. Yingfeng Group is a diversified industrial group with 20+ years of history covering environment, culture, investment, technology, and consumer sectors.
• 融创 (Sunac)minorStrategic or Co-development Partner · 1 January 2018Strategic partnership formed in 2018 through bidding and acquisition channels. Jointly developed multiple premium land parcels in Southwest China markets.
• 中梁 (Zhongliang)minorStrategic or Co-development Partner · 1 January 2018Strategic partnership formed in 2018 for joint land acquisition and development in Southwest China markets.
• 融侨 (Rongqiao)minorStrategic or Co-development Partner · 1 January 2018Strategic partnership formed in 2018 for joint land acquisition and development in Southwest China markets.
• 绿城发展 (Greentown Development)coreStrategic or Co-development Partner · 22 December 2017Strategic partnership signed on December 22, 2017. Comprehensive cooperation across all real estate sectors including long-term rental apartments, villas, and mutual investment. Greentown, founded in 2010 in Hangzhou under chairman Song Weiping, focuses on commercial construction, capital construction, and government construction in second, third, and fourth-tier cities through brand and management output. Both parties aim to leverage the 'rent before purchase' policy and enter the trillion-yuan rental market with long-term rental apartment brands.
• 蓝城集团 (Blue City Group)coreStrategic or Co-development Partner · 6 December 2017Strategic partnership signed on December 6, 2017 at West Lake, Hangzhou. Both parties jointly established a specialty town development platform company to capture historic opportunities in collective land reform. The platform focuses on developing characteristic towns for rural revitalization under Xi's policy direction. This deeper platform-level cooperation brings together best resources from both parties for investment and construction.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Greentown China Holdings: Hangzhou-based leading Chinese real estate developer. Core strategic partner of CASIN since December 2017 covering long-term rental apartments, villas, and mutual investment, with comparable premium residential product positioning and second/third-tier city focus.
• Sunac China Holdings: Major Chinese A-share/H-share real estate developer. Direct strategic partner of CASIN since 2018 for joint land acquisition and development in Southwest China, with overlapping premium residential and urban complex product lines targeting tier-1/tier-2 cities.
• Logan Group Company: Pearl River Delta-rooted Chinese developer with national expansion into Greater Bay Area, Yangtze River Delta, and Western China. Comparable product mix including urban complexes, residential, and commercial properties, with similar regional subsidiary structure.
• Zhongliang Holdings: Top-30 Chinese real estate developer. Strategic partner of CASIN since 2018 for joint land acquisition in Southwest markets, with highly comparable tier-2/tier-3 city residential development focus and similar national expansion profile.
• Rongqiao Group: Strategic partner of CASIN since 2018, jointly acquired Chongqing Xingjie Real Estate. Comparable mid-tier developer focused on premium urban complexes and Southwest China markets with similar JV-driven expansion model.
• KWG Group Holdings: Pearl River Delta-focused Chinese developer with national expansion. Comparable in tier-2/tier-3 city residential focus, diversified product mix (residential plus commercial), and A-share/H-share listed structure similar to CASIN's Shenzhen listing.

Broad incumbents

• China Resources Land: One of China's largest state-backed diversified real estate developers with strong commercial property and investment property segments. Provides a benchmark for CASIN's commercial complex and property management ambitions through its mixed-use development model.
• Country Garden Holdings: Largest Chinese developer by sales with deep tier-3/tier-4 city penetration. Comparable to CASIN in its broad geographic reach across 50+ cities and reliance on standardized residential products targeting mass-market homebuyers.
• China Vanke: Largest and most diversified Chinese real estate developer. Operates across all of CASIN's product segments (residential, commercial, property services) at significantly greater scale, providing a benchmark for what CASIN's '4+1' model could scale into.

Emerging players

• Yingfeng Group: Diversified Chinese industrial group active in environment, culture, investment, technology, and consumer sectors. Comparable to CASIN's environmental subsidiary strategy, with whom CASIN held partnership discussions in February 2023 covering environment and industrial development.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries15 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 CASIN Real Estate Development Group