Real Estate Development
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Vanke has more fellow travelers now.
Preserve financial security.
Guofu Hydrogen Energy has completed the record filing for its Hong Kong IPO, with Shanghai Lingang New Area and Zhangjiagang State-owned Assets also in attendance.
Recently, Guofu Hydrogen Energy completed its listing on the Hong Kong Stock Exchange. Founder Wu Pinfang was the former director of Zhangjiagang Furui Special Equipment (300228) and is currently 68 years old. In the list of shareholders, Shanghai Lingang Holdings and two major state-owned platforms in Zhangjiagang are included, and both places have been vigorously developing the hydrogen energy industry in recent years.
1862 key employees of Vanke stand in front.
Weight of confidence.
Long-established state-owned developer says goodbye to real estate.
Ten years ago, Dong Mingzhu, then chairman of Gree Group, said that Gree should not focus on real estate business, but should focus on home appliances; ten years later, this became true. Gree Real Estate, which has separated from Gree Group, has decided to withdraw from real estate development business. On July 7th, Gree Real Estate announced that it will gradually withdraw from real estate development business in Shanghai, Chongqing, Sanya and other places, and plans to sell corresponding assets and liabilities; at the same time, it has updated its restructuring plan for Zhuhai Duty-Free Group, planning to buy no less than 51% of the equity of Zhuhai Duty-Free Group and promote Gree Real Estate's main business transformation to duty-free business.
Vanke paid off this year's US dollar bonds at one go.
Improve liquidity.
The boss of the housing enterprise tasted the sweetness of the New Deal
Author | Editor Cao Anxun | Zhou Zhiyu's new property market policy is being implemented at an accelerated pace. On May 28, Guangzhou issued an article to follow up on the New Deal. The number of visitors to the Poly Merchants Huafa Central Mansion in Old Huangpu, which had just been open for three days, increased significantly on the same day, and responded to the policy to support a 15% down payment ratio for the first package. Sales are also actively promoting policies to customers to solicit customers. Previously, as the first project launched in Guangzhou after the “517” New Deal, the Central Mansion had caught up with a wave of excitement stimulated by the New Deal. It lost about 40% in one day and sold 180 units. Within three days of opening, 220 units were sold, with sales exceeding 700 million yuan. An industry insider in the Guangzhou market pointed out that
Shenzhen Railway once again lends a helping hand to Vanke
Unleash liquidity.
Binjiang strengthened its determination to get out of Hangzhou
Empowering Shanghai.
Vanke's market capitalization returns to 100 billion
Policy assists.
Vanke waited for God's assist
A tough battle.
Vanke Q1's revenue was 61.59 billion yuan, with a net loss of 362 million yuan, turning a year-on-year loss | Financial News
Vanke's revenue for the first quarter was 61.59 billion yuan, down 10% year on year. Among them, real estate development business contract sales amount was 57.98 billion yuan, down 42.8% year on year.
“Real Estate Brother” returns to 100 billion dollars in market value
Boosts confidence.
Yu Liang stated “I will never lie flat”
Author | Cao Anxun After the credit crisis in the real estate industry spread to mixed-ownership housing enterprises, proving safety and reshaping the confidence of investors and creditors became the top priority of Vanke's 2023 results conference. On the morning of March 29, regarding the question of whether Vanke is confident of “surviving”, which the outside world is highly concerned about, Yu Liang, chairman of Vanke's board of directors, confessed at the 2023 performance conference that although Vanke proposed “surviving” a long time ago, the consideration was not comprehensive enough. Under changes in the market, the robust standards in the past may not fully guarantee the safety of the company, so it is necessary to strengthen bottom-line thinking and make more thorough preparations. Yu Liang said
Vanke Zhu Jiusheng: Financial institutions are Vanke's allies
Face the storm.
Vanke will cut its debt by 100 billion dollars in the next two years
Author | Editor Cao Anxun | Zhou Zhiyu handed over a steady financial report shortly after helping Vanke get out of the shorting crisis at the Shenzhen Railway platform, the majority shareholder of state-owned assets, and proved his safety with financial data. On March 28, Vanke released its 2023 financial report. Financial reports show that in 2023, Vanke achieved operating income of 465.74 billion yuan and net profit of 12.16 billion yuan to mother. Revenue and net profit remain at the top of the industry. In the financial report, Vanke also proposed a number of specific measures for how to overcome the current storm that the market is most concerned about. Vanke said it will maintain positive cash flow at the operating level
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