(Yicai Global) Sept. 19 -- China Vanke Co.'s [SHE:000002] winter sports division said it will back and build a resort called Han Hai Liang Ski Resort in Chongli district in Zhangjiakou, Hebei. It will officially open in 2019.

After its construction, Han Hai Liang Ski Resort will become the ninth ski resort in Chongli, Sina reported today.

The facility has a planned ski area of 4.5 million square meters with a vertical drop of 810 meters, the largest vertical drop in the Chongli area. At the low altitudes, the company will build villages, and it will make a ski town and agricultural complex higher up. Above that, it will create mountain and ski resorts. At elevations over 2,000 meters, it will build mountaintop bases.

The Han Hai Liang project is in southern Chongli district and is a 100-minute drive from Beijing Expressway. It is an important part of Vanke's Olympic Games strategy.

Vanke controls three ski resorts directly or indirectly, its semi-annual report shows.

The company manages more ski area than any other firm in China, and the Han Hai Liang project will help it grow its presence.

The 24th Winter Olympic Games will be jointly held in Beijing and Zhangjiakou in February 2022. Beijing and Zhangjiakou are both host cities, and Yanqing of Beijing and Zhangjiakou of Hebei will undertake relevant projects. The completion of this ski resort will help the area prepare for the 2022 Olympics.