GRANDJOY HOLDINGS GROUP CO., LTD. (GRANDJOY, formally known as COFCO Property (Group) Co., Ltd.) is a specialized company affiliated to China Oil & Foodstuffs Corporation (COFCO). COFCO, dominated by real estate business, is one of the first batch of 16 central enterprises approved by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), ranking 122 among the world¡¯s Fortune 500 by its assets in 2018. SHENZHEN BAOHENG (GROUP) Co., Ltd., former company of GRANDJOY, was listed in Shenzhen Stock Exchange on October 8, 1993 (Stock Code: 000031.SZ).
