Joy City PPT subsidiary plans to acquire the land use rights in Sanya, China for 0.725 billion yuan.
Glory Times reported on November 18th that Joy City PPT (00207.HK) announced that on November 18, 2024, Sanya Yuelu (an indirectly non-wholly owned subsidiary of the company) successfully bid for the land use rights of the land parcel offered by the Natural Resources and Planning Bureau through online public listing with a bid of 0.725 billion yuan. The transaction confirmation related to the acquisition was obtained on the same day, and the land use rights transfer contract related to the acquisition is expected to be signed on or before December 2, 2024. Sanya Yuelu has paid a bid deposit of 0.4345 billion yuan. Sanya Yuelu will hold the equity of the land parcel after the completion of the acquisition.
China Vanke provides guarantees for the loan of the joint venture company Shaoxing Yuanhao.
China Vanke (02202) announced that Shaoxing Yuanhao plans to apply to Ping An Bank for an adjustment of the loan term not exceeding 0.8 billion yuan. The company, Hangzhou Yuanting, will provide joint and several guarantee guarantees and equity pledge guarantees for the above-mentioned loan in a 50% equity ratio, with the guarantee amount and the pledge guarantee amount not exceeding 0.4 billion yuan each. The joint and several guarantee guarantee period is three years from the date of debt performance, and the equity pledge guarantee period is until the date of debt performance. Grandjoy Holdings Group, Grandjoy Holdings Group Zhejiang, will also provide joint and several guarantee guarantees and equity pledge guarantees in the same manner in a 50% equity ratio.
Investors in Grandjoy Holdings Group (SZSE:000031) From Five Years Ago Are Still Down 49%, Even After 4.3% Gain This Past Week
Joy City PPT (00207) completed the issuance of 1.4 billion yuan of 2024 medium-term notes.
Joy City Properties (00207) announced that on November 6, 2024, the company has successfully issued an amount of RMB...
Joy City: Report for the third quarter of 2024
grandjoy holdings group (000031.SZ): a net loss of 0.587 billion yuan in the first three quarters.
Grandjoy Holdings Group (000031.SZ) announced its third quarter report for 2024 on October 30. In the first three quarters of 2024, the company achieved revenue of 20.477 billion yuan, a decrease of 1.07% year-on-year; the net income attributable to shareholders of the listed company was a loss of 0.587 billion yuan, a decrease of 16.72% year-on-year; the net income after deducting non-recurring gains and losses was a loss of 1.625 billion yuan, a decrease of 187.39% year-on-year; and the basic earnings per share was -0.14 yuan per share.
BMW and Mercedes-Benz jointly launched the supercharging brand Yianqi, and the first batch of supercharging stations officially started operation.
Sina Technology News In the afternoon of October 24th, Beijing Yiyi Anqi New Energy Technology Co., Ltd., a joint venture company established by Huachen BMW Automobile Co., Ltd. and Mercedes-Benz (China) Investment Co., Ltd. in a 50:50 ratio, officially launched the supercharging brand Yi Anqi, and announced the first batch of Yi Anqi supercharging stations are in operation. At the Yi Anqi brand launch and the opening ceremony of the first station nationwide, Yi Anqi CEO Tang Xuri stated: the English name for Yi Anqi is IONCHI, where ION means ion, the physical properties are self-energizing, active movement, and stable quality; CHI represents China, expressing Yi Anqi's vision.
Grandjoy Holdings Group (000031.SZ): Overall, the 'purchase and storage' policy plays a positive role in destocking and stabilizing the market for the industry.
Grandjoy Holdings Group (000031.SZ) stated at the investor relations event on October 9th that "destocking" has become one of the focuses of recent real estate policies. The implementation of policies related to "acquiring and storing" not only helps increase the supply of affordable housing, but also holds significant importance in establishing a housing system that meets the basic needs of the government, satisfies various levels of housing demands in the market, and promotes a balanced mix of renting and purchasing housing. It also benefits the clearance of enterprise inventory and eases financial pressure. Overall, the "acquiring and storing" policy plays a positive role in destocking the industry and stabilizing the market. Currently, the company is actively coordinating with the government, understanding local acquisition and storage requirements, and reviewing its own projects.
Grandjoy Holdings Group (000031.SZ): In the first half of the year, the pace of pre-development of newly acquired projects has further accelerated, with some projects setting new records for the fastest start of construction.
格隆汇October 9th | grandjoy holdings group (000031.SZ) stated at an investor relations event that looking ahead to the second half of the year, in terms of investment, the company will deepen its presence in cities, focusing on dimensions such as strong risk resistance, fast turnover speed, reasonable profit space, continuously strengthen analysis and judgment, select the best among the good, and achieve stable development; in terms of operation, the pre-development pace of new projects acquired in the first half of 2024 will further accelerate, with some projects setting the fastest start record, striving to open new projects within the year; in terms of sales, increase efforts to reduce inventory, take multiple measures to capture sales receivables; in terms of commerce, optimize the structure, ope
Grandjoy Holdings Group Co., Ltd.'s (SZSE:000031) Share Price Boosted 42% But Its Business Prospects Need A Lift Too
Joy City PPT (00207.HK): Approved to register medium-term notes with the National Association of Financial Market Institutional Investors of Bank of China.
Gelonghui September 30th, Joy City Properties (00207.HK) announced that the company has received a notice of approval issued by the China Interbank Market Traders Association dated September 23, 2024 (Reference No.: CMSA Note [2024] MTN933), approving China Resources Real Estate Investment Co., Ltd. (the Company's indirect non-wholly owned subsidiary) ('Issuer') to register for the proposed issuance of medium-term notes ('2024 Medium-Term Notes') with a total face value not exceeding RMB 1.5 billion to eligible investors in stages. The registration is valid for a period of 2 years from the date of the approval notice.
Here's Why Grandjoy Holdings Group (SZSE:000031) Has A Meaningful Debt Burden
grandjoy holdings group (000031.SZ): the company and its wholly-owned subsidiary publicly listed to transfer 100% equity of Baoxing Wire and Cable.
On September 26, Gelonhui announced that in order to revitalize existing assets and improve the efficiency of fund utilization, the company, its wholly-owned subsidiary Nov Inc. Holdings Group (referred to as "Nov Inc.") and Shenzhen Jiangtong South Co., Ltd. (referred to as "Shenzhen Jiangtong", a non-related party of the company) plan to publicly list and transfer 100% equity of Shenzhen Baoxing Wire and Cable Manufacturing Co., Ltd. (referred to as "Baoxing Wire and Cable" or the "target company") through the Shenzhen United Equity Exchange (referred to as "Shenzhen Exchange"). The company holds 20% equity of Baoxing Wire and Cable, Nov Inc. Holdings Group holds
Grandjoy Holdings Group (000031.SZ): Infrastructure public offering reits listed.
On September 20, Grangeland announced that grandjoy holdings group (000031.SZ) disclosed that Huaxia Grandjoy Commercial REIT has completed its issuance on August 29, 2024. It will be listed on the Shenzhen Stock Exchange starting from September 20, 2024, with the trading code 180603. The fund's short name on the exchange is Grandjoy, expansion name is Huaxia Grandjoy Commercial REIT, and English abbreviation is GJOY REIT. This infrastructure public REIT issuance will unlock the asset value of the company's mature investment properties, optimize the asset structure, improve capital turnover efficiency and return levels, and promote the company in the consumer infrastructure sector.
Joy City PPT (00207.HK): Consumer infrastructure REIT listed separately on the Shenzhen Stock Exchange.
Gelonghui September 20th, Joy City PPT (00207.HK) announced that the proposed spin-off sale of consumer infrastructure REIT was separately listed on the Shenzhen Stock Exchange. All prerequisites for the proposed spin-off have been met. Huaxia Joy City Shopping Center closed-end infrastructure security investment fund ("REIT") was listed on the Shenzhen Stock Exchange on September 20, 2024, with the trading code 180603.SZ. The REIT raised 1 billion shares, with a final offering price of RMB 3.323 per share. Based on the final offering price, the proceeds from the proposed listing
Joy City Real Estate (00207) fell 26.70%, now trading at 0.187 yuan, hitting a new 52-week low.
As of 11:47, Joy City PPT (00207) fell 26.70% compared to the previous closing price, now at 0.187 yuan, hitting a 52-week low. The volume was 0.392 million shares, with a turnover of 0.0737 million Hong Kong dollars.
Joy City: 2024 Semi-Annual Report
Joy City: 2024 Semi-Annual Report Summary
Grandjoy Holdings Group (000031.SZ) released its performance for the first half of the year, turning from profit to a loss of 0.364 billion yuan.
Grandjoy Holdings Group (000031.SZ) released its 2024 interim report, with revenue of 160.82...
Grandjoy Holdings Group Co., Ltd.'s (SZSE:000031) Business And Shares Still Trailing The Industry