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1918 on Hong Kong Stock Exchange

Sunac China

Chinese property developer

Sunac China Holdings Limited, or Sunac (Chinese: 融创; pinyin: Róngchuàng), is a major property developer headquartered in Tianjin, China. The company focuses on large-scale, medium to high-end property developments. It does not only focus on its home market of Tianjin, but also has operations in Beijing, Chongqing, Wuxi and other cities.2 It was founded by Sun Hongbin.1 Its shares trade on Hong Kong Stock Exchange under the symbol 1918.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

2003Founded1

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Entrance of Sunac headquarters (20221025134002)
Photo: N509FZ, CC BY-SA 4.0, via Wikimedia Commons4

Sunac China Holdings Limited, or Sunac (Chinese: 融创; pinyin: Róngchuàng), is a major property developer headquartered in Tianjin, China. The company focuses on large-scale, medium to high-end property developments. It does not only focus on its home market of Tianjin, but also has operations in Beijing, Chongqing, Wuxi and other cities.2

Corporate structure

Sunac China sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Sunac China reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by Sun Hongbin in 2003.1

Sunac was founded in 2003 in Tianjin by Sun Hongbin, previously the founder, chairman, and CEO of Sunac Group. It was listed on the Hong Kong stock exchange on 7 October 2010 with the IPO price of HK$3.48 per share.

In July 2017, Sunac acquired 13 tourism projects from Dalian Wanda for US$6.6 billion. The Company also acquired a stake in Chinese streaming service le.com in 2017.

In March 2020, the Company reported profits of $3.7 billion in 2019, an increase of 57% from the previous year.

In April 2022, Sunac was among stocks that were suspended from trading after missing the deadline to report annual results, due to the 2021-2023 Chinese property sector crisis.

In September 2023, Sunac filed a petition for recognition under Chapter 15 of the United States Bankruptcy Code. In December 2023, the Court entered an order closing the Chapter 15 case.

In November 2023, Sunac announced that it has completed its holistic offshore debt restructuring.

In January 2025, China Cinda (HK) Asset Management filed a winding-up petition over Sunac's failure to repay a loan of US$30 million. In January 2026, Sunac announced that the winding-up petition has been dismissed.

In December 2025, Sunac announced that it has completed its second round of holistic offshore debt restructuring. The completion of the restructuring has thoroughly resolved the Company’s debt risks, achieving a sustainable capital structure. Furthermore, through the implementation of the Shareholding Structure Stability Arrangement and the ESOP, confidence among all stakeholders in the Group has been further strengthened. This will contribute to better advancing various tasks such as the mitigation of debt risks associated with onshore real estate projects and the revitalization of assets in the future, supporting the gradual recovery of the long-term credit profile and operations of the Group’s real estate development segment.

From Wikipedia’s article on Sunac, shared under CC BY-SA 4.0.3

Leadership

Who has led Sunac China, and when. Pick a name to see everywhere that person has worked.

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Timeline

  1. Oct 7, 2010Went public Listed on Hong Kong Stock Exchange1
  2. 2003Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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