Joy City (000031.SZ) plans to launch infrastructure public REITs application and issuance
Joy City (000031.SZ) announced that the company plans to use Zhuoyuan Real Estate as the original shareholder and wholly-owned subsidiary...
Joy City Real Estate (00207.HK): The proposed spin-off involves Zhuoyuan Real Estate (Chengdu) transferring all shares in the new project company to a consumer infrastructure REIT
Gelonghui May 24 | Joy City Real Estate (00207.HK) announced that on May 24, 2024, Huaxia Fund and CITIC Securities have submitted application materials for consumer infrastructure REIT registration and listing to the China Securities Regulatory Commission and the Shenzhen Stock Exchange. The proposed spin-off involves the project company Zhuoyuan Real Estate (Chengdu) Co., Ltd. (an indirect wholly-owned subsidiary of the company) transferring all of the shares of the new project company (holding the project) to the consumer infrastructure REIT, and the project company subscribing to 40% of the total consumer infrastructure REIT fund share. The project includes a university located in the Wuhou district of Chengdu, China
Joy City Real Estate (00207.HK): Total contract sales amount of 6.126 billion yuan for the first three months
On May 13, Ge Longhui | Joy City Real Estate (00207.HK) announced that for the three months ending March 31, 2024, the company, together with its subsidiaries, associated companies and joint ventures, has obtained a total contract sales area of about 178,700 square meters, with a total contract sales amount of about RMB 6.126 billion.
Joy City (000031.SZ) announced first-quarter results, with a net loss of 93.7631 million yuan, which changed from profit to loss
According to the Zhitong Finance App, Joy City (000031.SZ) released its report for the first quarter of 2024. The company's operating income was 3.867 billion yuan, down 36.45% from the previous year; net loss attributable to shareholders of listed companies was 93.7631 million yuan, from profit to loss; net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss of 124 million yuan, which changed from profit to loss; basic loss per share.
Joy City (000031.SZ)'s 2023 revenue reached 36.783 billion yuan, and net cash flow from operating activities increased 292.61% year-on-year
Gelonghui, April 26 | Joy City (000031.SZ) released its 2023 annual report. In 2023, in the face of an increasingly complex and severe external environment, the company faced challenges and made steady progress. The sales ranking reached a record high, reaching 46.1 billion yuan in contracts throughout the year, and the sales ranking rose to 29th place, up 4 places from last year; remarkable asset revitalization results achieved multiple retail transactions; the shopping center successfully completed the high-quality opening of 5 projects: Wuxi Jiangnan Joy City, Jingxi Joy City, Guangzhou Dayue Hui, Chengdu Tianfu Joy City, and Tianjin Xiqing Dayue Hui; the organizational structure continued to be optimized to lay the foundation for steady and sustainable development
Joy City (000031.SZ): 3 new real estate projects added in the first quarter
Gelonghui, April 10 | Joy City (000031.SZ) announced that in the first quarter of 2024, the company added 3 new projects. They are plot GW1-16-7 of Xi'an Chanba International Port; plot GW1-8-4-1 of Xi'an Chanba International Port; and the residential plot of Qiantang Bay headquarters in Century City, Xiaoshan District, Hangzhou.
Joy City Real Estate (00207) Announces 2023 Annual Results Profit attributable to shareholders of 340 million yuan, a year-on-year decrease of 35.94%
Joy City Real Estate (00207) announced its annual results for the year ended December 31, 2023, and the group completed operations during the period...
Joy City Properties (00207) will pay a special dividend of HK$0.0072 per share on July 4
Joy City Real Estate (00207) announced that it will pay a special dividend of 0.007 per share on July 4, 2024...
Joy City Real Estate (00207.HK): Ma Dewei retires as non-executive director
On March 27, Gelonghui | Joy City Real Estate (00207.HK) issued an announcement. Ma Dewei decided to retire as a non-executive director due to his retirement age, with effect from March 27, 2024.
Joy City Real Estate (00207.HK) plans to hold a board meeting on March 28 to approve annual results
Glonghui March 15 | Joy City Real Estate (00207.HK) announced that the company will hold a board meeting on March 28, 2024 (Thursday) to approve (among other things) the annual results and announcements of the company and its subsidiaries for the year ended 31 December 2023, and to consider the proposed payment of a final dividend (if any).
Joy City Real Estate (00207) subsidiary entered into a supplementary agreement with Poly (Chongqing) Investment to provide additional loans totaling up to 91.0682 million yuan
Joy City Real Estate (00207) issued an announcement relating to (including) Chongqing Yuesheng's investment proposal to Poly (Chongqing)...
Grandjoy Holdings Group (SZSE:000031 Shareholders Incur Further Losses as Stock Declines 4.9% This Week, Taking Five-year Losses to 53%
Generally speaking long term investing is the way to go. But that doesn't mean long term investors can avoid big losses. Zooming in on an example, the Grandjoy Holdings Group Co., Ltd. (SZSE:000031)
Joy City (000031.SZ): Currently actively promoting urban village renovation projects in Shenzhen and Xi'an
Gelonghui, Feb. 23 | Joy City (000031.SZ) said on the investor interactive platform that the company is currently actively promoting urban village renovation projects in Shenzhen and Xi'an. In the future, the company will actively study relevant policies and carry out relevant projects in due course according to market conditions and taking into account the company's overall development strategy.
Joy City Real Estate (00207.HK): Total contract sales amount of 18.086 billion yuan in 2023
On February 6, Ge Longhui | Joy City Real Estate (00207.HK) announced that for the year ended December 31, 2023, the company, together with its subsidiaries, associated companies and joint ventures, has obtained a total contract sales area of about 724,600 square meters, with a total contract sales amount of about RMB 18.086 billion.
Is Grandjoy Holdings Group (SZSE:000031) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' So it seems
Joy City Real Estate (00207)'s subsidiary COFCO Real Estate Investment completed the issuance of 700 million yuan bonds
Joy City Real Estate (00207) announced that COFCO Real Estate Investment Co., Ltd., an indirect non-wholly-owned subsidiary of the company, was established in 202...
Grandjoy Holdings Group Co., Ltd.'s (SZSE:000031) Price Is Right But Growth Is Lacking
Grandjoy Holdings Group Co., Ltd.'s (SZSE:000031) price-to-sales (or "P/S") ratio of 0.4x might make it look like a buy right now compared to the Real Estate industry in China, where around half of th
Joy City (000031.SZ): General manager changed to Yao Changlin
Glonghui, December 11丨Joy City (000031.SZ) announced that the company's board of directors recently received a written resignation report submitted by Mr. Cao Ronggen, director and general manager of the company. Due to his age, Mr. Cao Ronggen applied to resign as a director of the company, member of the special committee of the board of directors, and general manager. After resigning, he ceased to hold any position in the company. As of the announcement date, Mr. Cao Ronggen held 11,517 shares of the company. After resigning, he will continue to manage his shares in strict accordance with relevant laws and regulations. After being nominated by the company's chairman and reviewed by the nomination committee of the board of directors, the company called on December 11, 2023
Joy City Real Estate (00207.HK) was granted a revolving loan credit of not more than 200 million yuan
Glonghui November 28 | Joy City Real Estate (00207.HK) announced that on November 28, 2023, the company (as a borrower) signed a letter of grant with a bank (as a lender). According to this, the lender will provide the company with a revolving loan credit of up to RMB 200 million (or its equivalent in Hong Kong dollars or US dollars) according to the terms and conditions of the letter of grant, which can be withdrawn multiple times. The credit will be used to refinance all or part of the company's existing debt. The expiration date of the letter of grant is the end of 12 months from the date of the letter of grant.
Further Weakness as Grandjoy Holdings Group (SZSE:000031) Drops 4.0% This Week, Taking Five-year Losses to 34%
For many, the main point of investing is to generate higher returns than the overall market. But every investor is virtually certain to have both over-performing and under-performing stocks. So we w
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