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碧桂园管理层:今年将努力寻找盘活资产机会

COUNTRY GARDEN management: This year will work hard to find opportunities to revitalize Assets.

cls.cn ·  Jan 7 00:26

① COUNTRY GARDEN's Board of Directors Chairman Yang Huiyan made it clear that ensuring property delivery and repairing the balance sheet are the core tasks for the company this year; ② Regarding the progress of overseas debt restructuring, COUNTRY GARDEN stated that the company is still in contact with major creditor groups to seek their opinions on the implementation of a comprehensive restructuring.

On January 7, Financial Associated Press reported (Reporter Wang Haichun) that COUNTRY GARDEN held its first group monthly management meeting for 2025 on January 6. At this meeting, COUNTRY GARDEN's Board of Directors Chairman Yang Huiyan made it clear that ensuring property delivery and repairing the balance sheet are the core tasks for the company this year.

Yang Huiyan believes that a series of policies introduced by the government have injected new vitality into the market, significantly boosting confidence. As the policy environment continues to optimize, the industry will gradually regain vitality. As long as persistence is maintained, enterprises will also gradually enter a more positive development cycle alongside the industry's recovery.

The management of COUNTRY GARDEN stated, "It is necessary to actively respond to the relevant policies issued by the government, strive to find opportunities to effectively revitalize assets, provide robust funding support for ensuring property delivery, and thereby promote a positive cycle of overall company operation."

The management of COUNTRY GARDEN stated that conventional sales are the main source of its current cash flow. Only through sustained sales growth can the company have sufficient funds to support the smooth progress of property delivery projects.

In terms of sales performance, according to data previously disclosed by the company, from January to November 2024, COUNTRY GARDEN achieved a contract sales amount of approximately 43.75 billion yuan attributable to equity holders of the company.

According to information released on COUNTRY GARDEN's official website, despite facing market pressures, the company actively promoted effective sales, with December's sales performance recording a certain degree of month-on-month increase.

The company's management pointed out that it should seize the opportunities in the real estate market during the Spring Festival, including home purchases related to returning home and sales windows in tourism hotspots like Hainan, to achieve a "good start" in Spring Festival sales.

In terms of delivery assurance, COUNTRY GARDEN has delivered over 0.38 million housing units in 2024, with a total of approximately 1.7 million housing units delivered over the past three years. The management of COUNTRY GARDEN stated that the total number of housing deliveries expected in 2025 will significantly decrease compared to last year, but efforts are still needed to plan and support resources in advance to ensure the smooth progress of delivery.

Regarding the progress of overseas debt restructuring, COUNTRY GARDEN disclosed in its quarterly update that the company is still in contact with major creditor groups to seek their opinions on the implementation of a comprehensive restructuring.

In the past few months, relevant parties have negotiated the economic terms of the overall plan. COUNTRY GARDEN and its advisors will comprehensively consider various factors, including opinions received from the project team and coordinating committee, the current market conditions, and the company's latest business performance, as well as revised proposals for the overall plan's economic terms submitted to the project team, coordinating committee, and its advisors.

The COUNTRY GARDEN side mentioned, "Currently, the company is still further discussing the economic terms of the overall plan with the aforementioned major creditor groups."

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