China Oil & Foodstuffs Corporation, or COFCO, is an international holding company that invests in the trade, processing, sale and R&D of agricultural products.
GRANDJOY Holdings Group Co., Ltd. (GRANDJOY), formerly COFCO Property (Group) Co., Ltd., is the only real estate management platform under COFCO.
GRANDJOY operates a diverse business portfolio, ranging from commercial and residential buildings to industrial estate and office properties. Its presence in China's first and second tier cities (such as Beijing, Shanghai, Shenzhen and Chengdu) has made it a crucial player in the country's rapid development. As of 2019, GRANDJOY operates in 32 cities with total assets exceeding 170 billion RMB.