Company Description
Xinyuan Real Estate Co., Ltd. (NYSE: XIN) is a real estate developer and property manager operating primarily in China, with projects and assets in other countries. The company develops and manages large-scale, high-quality real estate projects in multiple tier-one and tier-two cities in China and has also been active in real estate development in New York and other international locations. Xinyuan focuses on providing comfortable and convenient real estate related products and services to middle-class consumers.
According to company disclosures, Xinyuan develops and manages projects in cities such as Beijing, Shanghai, Tianjin, Zhengzhou, Jinan, Qingdao, Chengdu, Xi'an, Suzhou, Dalian, Zhuhai and Foshan. Its portfolio has included large residential communities, mixed-use urban projects, and overseas developments. Examples of its work include residential and mixed-use projects in Zhengzhou, Jinan, Chengdu, Tianjin, Qingdao and Kunshan, as well as developments in New York and London.
Core business and operations
Xinyuan describes itself as a real estate developer and, in several communications, also as a property manager. In China, it develops and manages large-scale residential and mixed-use projects, often in urban or rapidly developing districts. The company has highlighted projects such as Zhengzhou International New City, Jinan Royal Spring Bay and Jinan Royal Spring Palace, Chengdu Xinyuan City, Tianjin Spring Royal Palace, Kunshan Xinyu Jiayuan, Qingdao Royal Dragon Bay, and The Makers' Town of Central China. These projects combine residential units with access to transportation, commercial facilities and urban amenities as described in company news releases.
Outside China, Xinyuan has been active in real estate development in New York and has completed projects such as Bloom on Forty Fifth and the Hudson Garden project in Manhattan. It has also developed The Amory Tower project (previously named The Madison project) in Canary Wharf, London. These overseas projects feature condominium residences and mixed-use schemes in established urban neighborhoods, as described in the company’s announcements.
Geographic footprint
Company press releases state that Xinyuan is an NYSE-listed real estate developer primarily in China, with assets or projects in other countries. In China, its developments span more than ten tier-one and tier-two cities, including Beijing, Shanghai, Tianjin, Zhengzhou, Jinan, Qingdao, Chengdu, Xi'an, Suzhou, Dalian, Zhuhai and Foshan. The company has also referenced projects or activities in New York and London, and its broader group has mentioned overseas projects in locations such as New York and London in historical communications.
Project delivery and development activity
Xinyuan has repeatedly emphasized the delivery of multi-site projects in China. In one update covering part of 2021, the company reported completing and delivering thousands of units across multiple projects in cities including Zhengzhou, Jinan, Chengdu, Qingdao, Tianjin and Kunshan. It has described specific projects in detail, such as:
- Zhengzhou International New City III, located within the south 3rd Ring Road in Zhengzhou, with access to urban amenities and property management services.
- Jinan Royal Spring Bay / Jinan Royal Spring Palace, located in Zhangqiu city center, near springs, parks and transportation links.
- Chengdu Xinyuan City, in Shu Du New Town in the Pi Du District of Chengdu, near parks and commercial facilities.
- Tianjin Spring Royal Palace, in Wuqing District of Tianjin, close to the Beijing–Tianjin intercity railway and major expressways.
- Kunshan Xinyu Jiayuan, in Huaqiao International Business City, near a metro station and featuring high-rise and skyscraper components.
- The Makers' Town of Central China, described as a large-scale project with industrial and residential components.
In later communications, Xinyuan highlighted the completion and delivery of additional projects, including Huzhou Silk Town, Dalian Canglong Shoufu, West Zhengzhou Xinyuan Fame Homes, and Lingshan Bay Longxi, as well as continued deliveries at Kunshan Xinyu Jiayuan and Tianjin Spring Royal Palace. These updates emphasize the company’s focus on completing construction and delivering homes, even during challenging industry conditions.
International projects
Xinyuan has described several overseas developments. In New York, it developed Bloom on Forty Fifth, a modernist-inspired eight-story condominium building with 92 residences, located on Manhattan’s West Side. The company has also referenced the Hudson Garden project in Manhattan’s Clinton neighborhood, a mixed-use development with residential apartments and retail space. In London, it developed The Amory Tower project in Canary Wharf, a residential tower offering views over London and surrounding landmarks. These projects illustrate the company’s engagement in international urban real estate markets, as stated in its press releases.
Additional business initiatives
Beyond traditional real estate development, Xinyuan has disclosed activities related to blockchain and real world asset tokenization. In a regulatory filing, the company reported making long-term investments in real world asset tokenization since 2016, completing offerings of security tokens backed by real estate property, and listing such tokens on MERJ Exchange. The company also reported holding numerous blockchain-related patents in China and stated its intention to continue developing its blockchain-related business in compliance with applicable laws.
Corporate and capital markets information
Xinyuan Real Estate Co., Ltd. is incorporated as an exempted company under the laws of the Cayman Islands and files annual reports on Form 20-F and current reports on Form 6-K with the U.S. Securities and Exchange Commission. It has communicated with investors through these filings about matters such as annual report filings, project updates, financing transactions and corporate actions.
In recent filings, the company described private placements of common shares approved for listing by the New York Stock Exchange, as well as a subscription agreement with an investor for additional common shares. It also convened an extraordinary general meeting of shareholders in 2025 to consider a potential spin-off of certain assets, liabilities and operations in the People’s Republic of China into a separate subsidiary, along with an offshore debt restructuring through a scheme of arrangement under Cayman Islands law. These proposed actions were described as resulting in a distinct real estate development company with its own management, strategy and operational focus.
In another filing, Xinyuan reported receiving a notice from the New York Stock Exchange in September 2025 that NYSE Regulation staff had determined to commence proceedings to delist the company’s American Depositary Shares pursuant to Section 802.01B of the NYSE Listed Company Manual. The company stated that it had the right to request a review of this determination by a committee of the Exchange’s board of directors and indicated that it would make further disclosures regarding any appeal. This notice relates to listing status and does not by itself describe the operating status of the underlying real estate business.
Financial reporting and performance context
In a press release discussing its annual report on Form 20-F for the year ended December 31, 2023, Xinyuan reported that it recognized revenue and achieved a positive net profit attributable to shareholders, ending a period of consecutive annual losses. The company attributed this outcome to measures such as optimizing its organizational structure, controlling selling and administrative expenses, reducing certain costs and restructuring financial debts to reduce short-term repayment pressure. These statements provide context on how the company has responded to an industry adjustment cycle and broader market challenges.
Strategic relationships and industrial projects
Xinyuan has also described strategic cooperation and industrial park activities. In one announcement, the company reported signing a strategic cooperation agreement with Wanda Group to establish business cooperation in business and asset management, industrial real estate and research and development. In another, it highlighted the early delivery of the Intelligent Manufacturing Industrial Park of Xinchuang The Makers' Town of Central China, developed by Xinchuang Technology, a wholly owned subsidiary and technology platform of Xinyuan Group for urban operation. The company stated that this industrial park attracted numerous enterprises in the supply chains of automotive electronic components and intelligent terminal industries.
Position within the construction and housing sector
Within the broader construction and housing sector, Xinyuan fits within the category of new housing for-sale builders and real estate developers. Its disclosures focus on large-scale residential and mixed-use projects, project delivery, property management, and, in some cases, industrial and technology-focused urban developments. The company’s communications emphasize serving middle-class consumers and completing projects in multiple Chinese cities and selected international markets, while also exploring related areas such as blockchain-based real estate tokenization.