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Sunac China Holdings Limited, or Sunac (), 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.
In July 2017, Sunac reached a $9.3 billion deal to buy Dalian Wanda's tourism projects and hotels, forming the second-biggest real estate deal ever in China at the time.
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 2020–2023 Chinese property sector crisis.
In September 2023, Sunac filed for Chapter 15 bankruptcy.
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. The petition could lead to other creditors demanding accelerated payments or enforcement actions.
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