Sunac
Holding Companies & Conglomerates · China · 10K+ Employees
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Overview
Headquarters
Building 4 One Central No.8 Dongzhimen N...Phone Number
+86 1069656666Website
www.sunac.com.cnRevenue
$21.7 BillionIndustry
ZI Rank: 2
Signal Type
Dec
Jan
Feb
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May
ZI Rank
1
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1
5
4
2
About Sunac
Established in 2003 and headquartered in Beijing, China, Sunac is a real estate holdings company.Explore more
Sunac Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
$58.1B
10K+
Private
-
1999
CG
Chen GuanzhongMember of the Standing Committee of the Party Committee of the Group Company & Chief Accountant
Company Profile Activity
Activity Insights
Sunac is experiencing very low activity levels compared to other companies in the Holding Companies & Conglomerates sector.
What does this means?
Sunac is drawing exceptional interest within the Holding Companies & Conglomerates industry, suggesting notable developments or strong market momentum, learn more about Sunac.
Sunac financials insights
Gather financial insights about Sunac, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2021
Stock Offering
$300M
Share Placement
$653M
2022
Share Placement
$580M
Sunac Tech Stack
A closer look at the technologies used by Sunac
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Most Recent Scoops
Award
Award, Sales, Business Finance, Finance, Financial Operations, Operations
Award
Award, Sales, Business Finance, Finance, Financial Operations, Financial Strategy, Operations, Revenue Operations, Sales Operations
Award
Award
Pain Point
Bankruptcy
Award
Sunac News & Media
Property developer Sunac China warns of wider loss for 2024
Beijing-based Sunac, once among China's largest real estate developers, attributed the higher net loss forecast to the absence of gains that it had logged last year after the completion of its offshore debt restructuring. In late 2023, Sunac completed a comprehensive overhaul of its $9 billion offshore debt, exchanging its existing debt for a combination of notes, among others. The company has borne the brunt of a struggling property sector in the world'sSunac China cuts costs on US$937 million defaulted debt linked to Beijing project
Restructuring terms allow the Chinese developer to effectively cut its annual borrowing costs to 4.12 per cent from 9.6 per cent.Sunac China Completes Debt Restructuring for Beijing Project - TipRanks.com
Sunac China Holdings ( ($HK:1918) ) has issued an update. Sunac China Holdings Limited has completed the debt restructuring of its ONE SUNAC OPUS Project in Beijing...Developer Sunac China gets liquidation petition, Hong Kong judiciary website shows
The petition has been filed by a unit of asset manager China Cinda Asset Management, and a hearing is scheduled for March 19, the website shows. Beijing-based Sunac and China Cinda Asset Management did not immediately respond to Reuters requests for comment. Sunac, which prior to the debt crisis that jolted the property sector in 2021 ranked among China's top developers by sales, was the first to complete a comprehensive overhaul of its
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Established in 2003 and headquartered in Beijing, China, Sunac is a real estate holdings company.... Read More
