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Shanghai Chengtou HoldingLtd (SHSE:600649) Has No Shortage Of Debt
Shanghai Chengtou Holding (600649.SH): Shareholder Hongyi (Shanghai) has completed a Shareholding of 0.41% of the company's shares.
Gelonghui reported on February 5 that Shanghai Chengtou Holding (600649.SH) announced that it received a "Notice of Progress on Shareholding Reduction" from its Shareholder Hongyi (Shanghai) Private Equity Fund Center (Limited Partnership) after the market close on January 27, 2025. Hongyi (Shanghai) Private Equity Fund Center (Limited Partnership) reduced its shares in the company by 10,261,903 shares through centralized bidding, accounting for 0.41% of the company's total share capital. As of the date of this announcement, the time range disclosed for this reduction plan has expired, and the reduction plan has ended.
Briefing on the operating data of major real estate projects of Shanghai City Investment Holdings Co., Ltd. for the fourth quarter of 2024
Shanghai Chengtou Holding (600649.SH): In the fourth quarter of 2024, the signed sales amount reached 8.108 billion yuan, a year-on-year increase of 53.61%.
On January 10, Glonghui announced that Shanghai Chengtou Holding (600649.SH) revealed that in the fourth quarter of 2024, the main projects for sale included Lxiang Garden, Xinghua Li, and Qingxi Yundomain, achieving a signed sales area of 56,800 square meters, a year-on-year increase of 6.84%; achieving a signed sales amount of 8,107.96 million yuan, a year-on-year increase of 53.61%. The sales area does not include parking spaces, while the sales amount includes parking spaces. In the fourth quarter of 2024, the company added a completed area of 145,831 square meters, with no new construction area. The main rental projects in the fourth quarter of 2024 include Chengtou Kuan.
Shanghai Chengtou Holding (600649.SH): The company currently focuses on Real Estate Development as its core business.
On January 8, Gelonghui reported that Shanghai Chengtou Holding (600649.SH) recently stated during a meeting with institutional investors that the company is still focused on Real Estate Development as its core business. It is further accelerating development in real estate operation and real estate finance, forming a good synergy. The revenue and profit from the development business will remain relatively high for a considerable period of time; for specific revenue and profit details, please refer to the company's periodic reports.
Shanghai Chengtou HoldingLtd (SHSE:600649) Shareholders Are Still up 29% Over 1 Year Despite Pulling Back 4.6% in the Past Week
Shanghai Chengtou Holding Co.,Ltd's (SHSE:600649) Earnings Are Not Doing Enough For Some Investors
