China Overseas Grand Oceans Group Ltd.
Corporate brand
UnclaimedHong Kong-listed property developer focused on property development and investment in mainland China, formerly Shell Electric Mfg. (Holdings) Company Limited.
Last updated September 15, 2026
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Overview
China Overseas Grand Oceans Group Ltd. (00081.HK) is a company mainly engaged in property development and investment in China, with projects concentrated in cities such as Beijing, Guangzhou, Hohhot, Guilin and Huizhou. Its predecessor, Shell Electric Mfg. (Holdings) Company Limited, was founded in 1955 and listed on the Hong Kong Stock Exchange in 1984; in March 2010 China Overseas Land & Investment Limited (00688.HK) completed its acquisition of that company and formally renamed it China Overseas Grand Oceans Group Ltd. (00081.HK). The group states a mission of "we operate happiness" and a vision of becoming an outstanding international real estate development and operation group.
History
The company's predecessor, Shell Electric Mfg. (Holdings) Company Limited, was founded in 1955 and listed on the Hong Kong Stock Exchange in 1984. In March 2010, China Overseas Land & Investment Limited (00688.HK) completed the acquisition of Shell Electric Mfg. (Holdings) Company Limited and formally renamed it China Overseas Grand Oceans Group Ltd. (00081.HK). China Overseas Land & Investment Limited was incorporated in Hong Kong in 1979 and is the flagship enterprise of China Overseas Holdings Limited, a wholly owned Hong Kong subsidiary of China State Construction Engineering Corporation; it listed on the Hong Kong Stock Exchange in August 1992. In 2024 the group stated it adhered to the "three mainstreams" investment principle — mainstream cities, mainstream locations, mainstream products — and through its series companies acquired eleven quality projects via public land auctions, adding a total gross floor area of 1,189,200 sq m at a total land price of RMB 5.229 billion, with attributable gross floor area of 1,141,400 sq m at an attributable land price of RMB 4.874 billion. As of 31 December 2024, the group's series companies held a total land reserve gross floor area of 13,778,100 sq m, of which the group's attributable gross floor area was 11,590,700 sq m, distributed across 40 cities.
Products and positioning
Vision: to become an outstanding international real estate development and operation group; brand philosophy: "build happiness with craftsmanship, lead the trend".
Premium residential (精品住宅)
Commercial real estate (商業地產)
Recent events
Reported
China Overseas Grand Oceans and China Overseas Development agree to form a property investment joint venture[7]
China Overseas Grand Oceans, its controlling shareholder China Overseas Development, and a joint venture company entered into an agreement under which China Overseas Development would subscribe for shares in the subsidiary; after completion, China Overseas Grand Oceans and China Overseas Development would hold 51% and 49% of the subsidiary, respectively.
Sources7 sources
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