Country Garden Holdings Company Limited is an investment holding company. Its subsidiaries are engaged in the property development, construction, fitting and decoration, property management and hotel operation. Its products include large-scale residential projects, such as townhouses, apartment buildings, as well as car-parks and retail shops. It has four segments: property development, construction, fitting and decoration, property management and hotel operation. It also develops and manages hotels within some of its projects to enhance potential for property value appreciation. It also develops hotels, which are independent of property developments. As at 31 December 2011, it operates five five-star hotels, 21 five-star standard hotels, as well as one four-star hotel, with a total of 8,352 guest rooms. As at 31 December 2011, its subsidiaries included Zengcheng Country Garden Property Development Co., Ltd., Guangzhou Huadou Country Garden Property Development Co., Ltd. and others.