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Central enterprise real estate upstarts are quietly rising
Author | Editor Cao Anxun | Zhou Zhiyu Real Estate has been in business for 40 years. The leading real estate companies have rotated several times. Once famous giants such as Evergrande and Country Garden, have fallen one after another, and a number of state-owned enterprises and state-owned giants have risen to prominence. China Construction Yipin, a slightly unfamiliar name, is a rising star. This subsidiary of China Construction, which came out of Wuhan, has quite a bit of ambition. It hopes to sell for the “top 20 in the country” this year; in the first 4 months, China Construction Yipin added a new land value of 26.29 billion yuan, ranking 5th in the industry. China Construction Yipin works with central and state-owned enterprises such as Greentown, C&D, Yuexiu, and Huafa
China Construction Development (00830): Wang Hai retires as executive director
China Construction Development (00830) issued an announcement. Mr. Wang Hai has retired as an executive director since the end of the Annual General Meeting of Shareholders...
China Construction (601668.SH): Recently received major projects worth a total of 26.01 billion yuan
Gelonghui, May 24 | China Construction (601668.SH) announced that recently, the company received a total amount of 26.01 billion yuan for major projects.
Briefing on the business situation of China Construction from January to April 2024
China Construction Development (00830): Wang Hai will retire as executive director
China Construction Development (00830) announced that Executive Director Wang Hain changed his job and in order to focus on the Group's main business...
[Broker Focus] Guosheng Securities's first purchase rating for China Construction International (03311) indicates that it is expected to increase rapidly as a leading regional project in Guangdong, Hong Kong and Macau
Jinwu Financial News | According to Guosheng Securities Research, China Construction International (03311) is the only Hong Kong and Macau construction business platform under China Construction Group. Since 2008, it has entered the mainland market to develop investment projects such as BT and PPP. The mainland's revenue/performance share has continued to increase, reaching 58%/81% in 2023. The company's revenue/performance CAGR reached 15%/13% respectively in 2013-2023 (11.5%/15.1% increase in 2023). In recent years, it has maintained steady growth under the influence of macroeconomic disturbances and declining real estate. Management resilience is strong, and indicators such as comprehensive gross profit margin and net interest rate are remarkable
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