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from 1998 to this day: Strategic Layout Period
from 1998 to this day: the development of Taohuayuan, YATAI Garden first stage project in 1998 marked the Company’s entering the development and exploration state of middle & high-grade residential housings. Several years later, along with another rising trend of Chinese real estate market, YATAI Real Estate entered its high-speed growth period; in 1999 Taohuayuan project was opened for occupancy; in 2000, the Company passed ISO9000 international certification; in 2001, Xinghuayuan project started construction; in 2002, the Company joined www.zcfw.net which was founded by Vanke and other more than 30 real estate developers; in 2003, YATAI Real Estate was appraised as one of China Top10 Real Estate Listed Companies; in 2004, YATAI Haoyuan project started to sell publicly. In 2007, YATAI Yinghuayuan project, a shantytown reconstruction project, started its construction, and its first stage project was completed and opened for occupancy in Feb. 2008, and this whole project was fully completed construction in 2009, which made outstanding contributions to improve the housing conditions of shantytown in Erdao District, Changchun City. In 2008, YATAI Real Estate Nanjing Branch Company officially started the “Young Pioneers Apartment” project, which laid a solid foundation for realization of distribution in domestic large and medium-sized cities for YATAI Real Estate. In 2006, areas developed by YATAI Real Estate covered Changchun, Songyuan, Jilin, Nanjing, Hainan and other regions, which reached the largest scale of development during the past years, marked the initial forming of development management mode for multiple projects and projects in multiple regions. Especially the hot selling status after starting selling of Nanjing project provided precious experiences and strong confidence for entering more domestic first-tier cities in the next step by YATAI Real Estate, and also provided a broader development platform for YATAI Real Estate employees. In 2009, by virtue of the tireless efforts made by all staff of YATAI Real Estate Nanjing project Company, the first stage project and second stage project of “Young Pioneers Apartment” project successfully realized hot selling status after starting selling. This project realized turnaround surplus and also over fulfilled profits up to 16.45 Million Yuan, which laid a solid foundation for the long-term development in “Yangtze River Delta Economic Zone” of YATAI Real Estate. In 2009, we also registered branch companies in Tianjin and Shenyang respectively, and successfully acquired the 0.49 million m2 land parcel in Shenbei New District on Dec. 29, 2009, which marked that YATAI Real Estate has laid a profound development foundation for developing Shenyang-centered Liaoning market, and also provided powerful guarantee for future development market in Dalian as well as entering the market in Bohai region.
from 1993 to 1997: Development and Exploration Period
from 1993 to 1997: in 1994, the Company officially changed its name into Jilin YATAI (Group) Co., Ltd. Real Estate Development Company; from 1997 to 1999, the Company successively developed Huimin Road Residential Housing project, Yihe Road Residential Housing project, YATAI Tower, YATAI Football project, and the Company was officially upgraded as China first-grade qualification real estate enterprise in 1995.
from 1986 to 1992: Startups Period
from 1986 to 1992: The establishment of Changchun Erdaohezi District Housing Construction Development Company in 1986 marked the birth of YATAI Real Estate. The Company undertook the construction for Jilin Avenue old city reconstruction in the same year; in 1987, the Company developed and constructed its first residential housing project since its establishment, and thereby laid the foundation for the Company’s development direction in old city reconstruction and creation of housing suitable for human habitation. During the next several years, the Company continued to operate its Jilin Avenue residential housing project and Shuguang Road project, and also simultaneously carried out the Company system reform. The splitting between YATAI Development Company and Construction Company in Nov. 1990 marked the forming of YATAI Real Estate. |