# Xiamen C&D > Chinese company **Wikidata**: [Q10911437](https://www.wikidata.org/wiki/Q10911437) **Source**: https://4ort.xyz/entity/xiamen-c-d ## Summary Xiamen C&D (厦门建发) is a Chinese wholly state-owned enterprise based in Xiamen, Fujian Province, that was founded on June 10, 1998. The company is listed on the Shanghai Stock Exchange (stock code: 600153) and operates as a major business entity under the supervision of the State-owned Assets Supervision and Administration Commission of Xiamen Municipal Government, with reported revenue of approximately 282.6 billion RMB in 2018. ## Key Facts - Official Chinese name: 厦门建发股份有限公司 (Xiamen C&D Co., Ltd.) - Alternative names: 建发, 厦门经济特区建设发展公司, 厦门建发集团有限公司, 建发股份, 建发集团, 廈門建發, 建發集團 - Country: People's Republic of China - Location: Xiamen, Fujian Province - Inception date: June 10, 1998 - Legal form: Chinese wholly state-owned enterprise - Parent organization: State-owned Assets Supervision and Administration Commission of the People's Government of Xiamen Municipal - Stock exchange: Shanghai Stock Exchange - Stock code: 600153 - Revenue (2018): 282,621,190,000 RMB (approximately 282.6 billion RMB) - Unified Social Credit ID: 91350200154990617T - KISTI ID: K000229216 - Website: https://www.chinacnd.com/ (available in Simplified Chinese and English) - Google Knowledge Graph ID: /g/155t1fq1 - Crunchbase organization ID: jianfa-gufen - Wikidata description: Chinese company - Wikipedia editions: German (de), Russian (ru), Chinese (zh), Min Nan Chinese (zh_min_nan) - Sitelink count: 4 ## FAQs **What is Xiamen C&D?** Xiamen C&D is a wholly state-owned enterprise based in Xiamen, Fujian Province, People's Republic of China. Founded in 1998, it operates as a public company listed on the Shanghai Stock Exchange with the stock code 600153. The company falls under the supervision of the State-owned Assets Supervision and Administration Commission of Xiamen Municipal Government. **What is the legal structure of Xiamen C&D?** Xiamen C&D is organized as a Chinese wholly state-owned enterprise, meaning it is fully owned by the Chinese government at the municipal level. It is also classified as a public company, which means it offers its securities for sale to the general public through the Shanghai Stock Exchange. **Who owns and supervises Xiamen C&D?** Xiamen C&D is owned by the Chinese state and is supervised by the State-owned Assets Supervision and Administration Commission (SASAC) of the People's Government of Xiamen Municipal. This parent organization oversees state-owned assets in the Xiamen region. **What is the financial performance of Xiamen C&D?** According to available data from 2018, Xiamen C&D reported revenue of 282,621,190,000 RMB (approximately 282.6 billion RMB). This figure positions the company as a major economic entity in the Xiamen region and within China's state-owned enterprise sector. **Where can I find more information about Xiamen C&D?** The company maintains an official website at https://www.chinacnd.com/, available in both Simplified Chinese and English. The company is also listed on the Shanghai Stock Exchange under stock code 600153. ## Why It Matters Xiamen C&D represents a significant component of Xiamen's economic landscape and China's state-owned enterprise system. As a wholly state-owned enterprise operating under municipal government supervision, the company plays a crucial role in local economic development, infrastructure, and business operations in the Xiamen Special Economic Zone region. The company's public listing on the Shanghai Stock Exchange (one of China's major financial markets) provides transparency and allows investors to participate in its growth. This dual nature—as both a state-owned enterprise and a publicly traded company—demonstrates China's approach to blending government oversight with market-based capital raising mechanisms. With revenue exceeding 282 billion RMB in 2018, Xiamen C&D contributes substantially to the local economy and serves as an important vehicle for state-directed economic activity in Fujian Province. Its relationship with the Xiamen Municipal SASAC ensures alignment with regional development goals and government policy objectives. The company's presence across multiple language editions of Wikipedia (German, Russian, Chinese, and Min Nan Chinese) reflects its international recognition and relevance to global business audiences interested in Chinese state-owned enterprises. ## Notable For - Being one of the prominent state-owned enterprises based in Xiamen Special Economic Zone - Dual classification as both a wholly state-owned enterprise and a publicly traded company - Listing on the Shanghai Stock Exchange (600153) - Supervision by the State-owned Assets Supervision and Administration Commission of Xiamen Municipal Government - Significant scale with 2018 revenue exceeding 282 billion RMB - Multilingual online presence including Simplified Chinese, English, German, Russian, and Min Nan Chinese Wikipedia coverage ## Body ### Corporate Identity and Naming Xiamen C&D operates under multiple official names depending on context and legal structure. The primary registered name is 厦门建发股份有限公司 (Xiamen C&D Co., Ltd.), though it is also commonly referred to as 厦门建发集团 (Xiamen C&D Group) and 厦门经济特区建设发展公司 (Xiamen Special Economic Zone Construction and Development Company). The company is known by the shortened name "建发" (C&D) in Chinese business contexts. These various names reflect the company's evolution and the different legal entities that comprise its corporate structure. ### Establishment and History The company was officially founded on June 10, 1998, establishing its presence in Xiamen, a major port city in Fujian Province that was one of China's original Special Economic Zones. This founding date places the company's establishment during a period of significant economic reform and opening in China, when many state-owned enterprises were being restructured or newly established to participate in the market economy. ### Ownership and Governance Structure Xiamen C&D operates as a Chinese wholly state-owned enterprise, meaning its ownership belongs to the state—specifically to the municipal government of Xiamen. The company falls under the supervision and management of the State-owned Assets Supervision and Administration Commission of the People's Government of Xiamen Municipal (厦门市国资委). This parent organization is responsible for overseeing state-owned assets, ensuring proper governance, and aligning the company's operations with government policy objectives. As a public company, Xiamen C&D also has a governance structure typical of listed companies, including a board of directors elected by shareholders. However, as a wholly state-owned enterprise, the government's role in governance remains paramount through the SASAC relationship. ### Financial Performance According to available financial data from 2018, Xiamen C&D reported annual revenue of 282,621,190,000 RMB (approximately 282.6 billion RMB). This substantial revenue figure demonstrates the company's significant economic footprint within Xiamen and the broader Fujian Province region. The revenue figure was sourced from financial data published on Sina Finance (finance.sina.com.cn). ### Stock Market Listing The company is listed on the Shanghai Stock Exchange, one of China's two major stock exchanges (the other being the Shenzhen Stock Exchange). Its stock code is 600153. Being listed on the Shanghai Stock Exchange means the company must comply with regulatory disclosure and reporting requirements, providing transparency to public investors about its financial condition, operations, and governance. ### Regulatory and Identification Numbers Xiamen C&D holds several official registration identifiers: - Unified Social Credit ID: 91350200154990617T - KISTI ID: K000229216 (Korean Institute of Science and Technology Information) - ICP registration for website: 闽ICP备15007080号-1 These identifiers are used for various regulatory, commercial, and administrative purposes both within China and in international contexts. ### Online Presence The company maintains an official corporate website at https://www.chinacnd.com/, which is available in both Simplified Chinese and English. This multilingual approach reflects the company's interest in reaching both domestic and international audiences, including potential investors, business partners, and stakeholders. ### International Recognition Xiamen C&D has presence in multiple language editions of Wikipedia, including German (de), Russian (ru), Chinese (zh), and Min Nan Chinese (zh_min_nan). This multilingual coverage indicates the company's recognition beyond China and its relevance to international business audiences interested in Chinese enterprises. The company also has a Crunchbase profile (organization ID: jianfa-gufen), providing additional visibility to international investors and business researchers. ### Relationship to Xiamen Special Economic Zone The company's name "厦门经济特区建设发展公司" (Xiamen Special Economic Zone Construction and Development Company) directly references its historical connection to the Xiamen Special Economic Zone. Xiamen was designated as one of China's first Special Economic Zones in 1980, following the economic reforms initiated by Deng Xiaoping. As a company involved in the development of this zone, Xiamen C&D has played a role in the economic transformation of the region over the past several decades. ### Classification and Type According to the source data, Xiamen C&D is classified as: - A business entity - A public company - A wholly state-owned enterprise This classification reflects the company's dual nature: it is government-owned but also operates with a public shareholding structure, allowing private investors to hold stakes in the company through stock market purchases. ## References 1. [Source](https://finance.sina.com.cn/zt_d/2019_zq500qbd/)