What kind of company is E-House China? What do you mainly do and what revenue do you rely on?

E-House China - a leader and integrator in the field of real estate circulation services in China, is the first enterprise in China to propose the concept of real estate circulation service providers and to practice it personally.

Mainly relying on modern information technology, with marketing agency, real estate information and consulting, real estate Internet, real estate brokerage, tourism real estate services, commercial real estate consultants, real estate advertising media, and investment management as its business streams, and covering Modern real estate service systems in various cities in China and their revenue.

Extended information:

Major events

2009

2009-8-23 A subsidiary of E-House China, Chongqing E-House Investment The sales of Chongqing Evergrande Jinbi Tianxia, ??a real estate project represented by Consulting Co., Ltd., reached 560 million on the opening day, setting a new daily sales record in Chongqing and breaking the record set by Evergrande City itself. All employees of E-House China Chongqing Jinbi Tianxia were immediately Great contribution has been made.

E-House China In 2008, when Evergrande Real Estate was in a financial crisis, E-House, which had already gone public with operational capital, loaned RMB 1.5 billion to Evergrande. Taking advantage of the trend, Evergrande signed 24 projects across the country. It breaks the situation of no benchmark project sales in E-House China's agency industry.

2011

On November 29, 2011, E-House China announced that it had entered into a partnership with IFM Investment Co., Ltd. ("21st Century China Real Estate") (NYSE: CTC) and Its founders signed a non-binding investment term sheet. 21st Century China Real Estate is the exclusive licensee of the CENTURY 21® trademark in China.

According to the relevant terms, 21st Century China Real Estate will issue approximately 960 million new shares to the founders of E-House and 21st Century China Real Estate at a price of US$0.0267 per share (USD0.4 per American depositary share).

The newly added shares account for approximately 57.8% of its expanded total share capital. The total investment that 21st Century China Real Estate will receive is approximately US$25 million. After the completion of this transaction, E-House will become the largest shareholder of 21st Century China Real Estate with a shareholding ratio of 37.3%.

Baidu Encyclopedia E-House China