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Is Grandjoy Holdings Group (SZSE:000031) A Risky Investment?
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 (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
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