Founded in 1995 by Chairman Pan Shiyi and CEO Zhang Xin, SOHO China focuses on developing high-profile branded commercial properties. SOHO China has played a leading role in China’s urbanization. SOHO China’s 18 properties in Beijing have already become landmark buildings in the city’s modern skyline. Since 2009 the Company has successfully expanded into and established its presence in Shanghai, through the acquisition and development of a total of 11 properties. SOHO China developments have attained tremendous commercial success, in large part due to the Company’s ability to roll out high-quality, innovative products in prime locations, specifically catering to China’s high net worth individuals and urban professionals. On October 8, 2007, SOHO China was successfully listed on the Stock Exchange of Hong Kong (Stock Code: 410), raising proceeds of USD 1.9 billion. It has the distinction of being Asia’s largest commercial real estate IPO as of today. The company was also named as one of the "Most Admired Companies" in China by FORTUNE (China edition) Magazine for six times running from 2006 to 2012.