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
Shenzhen Railway once again lends a helping hand to Vanke
Unleash liquidity.
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.
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