More than 10 real estate companies have transferred assets in June involving the total amount of more than 36 billion yuan

In order to accelerate the turnover of funds, since June, a number of housing companies have tried to break the situation by selling equity, adjusting business structure, and introducing war investment.

According to the incomplete statistics of "Daily Economic News", within 20 days from June 1 to June 20, more than 10 housing companies including Yunnan City Investment, Ocean Group, Sunshine City, etc. The relevant announcement of assets or equity, the total amount involved in the target exceeded 36 billion yuan.

Liu Shui Liu Shui, the person in charge of the Enterprise Division of the Institute of Medicine, told the reporter of "Daily Economic News" through WeChat on the afternoon of June 20 that "the project transfer is not a bad thing for the entire industry. Because of the liquidity problem, it is in order to relieve the pressure of funds; some are made by business layout and investment. No matter what kind of purpose, housing enterprises can effectively deal with assets through the transfer of projects and equity. It also helps risk resolution and resource optimization allocation, which is conducive to the steady development of the real estate industry. "

Multiple housing companies transfer assets

On June 17, Yunnan Urban Investment (SH600239, stock price was 1.94 yuan, and a market value of 3.115 billion yuan) released a major asset sales plan. It is planned to transfer the equity or partnership share of 20 subordinate companies, with a base price of 6.026 billion yuan. After the equity or partnership of 20 subordinate enterprises such as Kunming City, which holds this sale, it is intended to use the price to be received to repay debts and supplement mobile funds to reduce the scale of assets and interest -based liabilities, optimize the asset structure, save savings Fund interest expenditure, reduce operating pressure, and enhance the company's market competitiveness.

On June 14, the Ocean Group (HK03377, the stock price of HK $ 1.31, a market value of HK $ 9.977 billion) was priced at 50.15 billion yuan. Essence

On June 13th, Sunshine City (SZ000671, the stock price of 2.26 yuan, and a market value of 9.357 billion yuan) issued an announcement saying that it was planned to transfer 6 plots in Yongkang, Zhejiang to Binjiang Group. The original liabilities were 3.304 billion yuan, with a total cost of 4.8 billion yuan. For the transfer of the project, Sunshine City stated that it can maintain the sustainable development and construction of the project, which is conducive to ensuring the delivery of the project, and can reduce the company's debt, which is in line with the current situation of the company's operation.

On June 10, Lu Jin infrastructure issued an announcement that it was planned to sell 45%of the Hebei joint company for 68.9 million yuan; on June 1, Jianye Real Estate issued an announcement and intends to introduce state -owned assets (Henan Railway Construction) as a strategic investor.

"Daily Economic News" reporter noticed that since June, more than 10 housing companies including Yunnan Urban Investment, Sunshine City, Xiangsheng Holdings, Contemporary Real Estate, China Jinmao, etc. have issued an announcement of transfer projects/equity. The total amount of the target exceeds 36 billion yuan.

"Some real estate companies sell projects or equity, or have a certain relationship with their own capital liquidity crisis. Since the fourth quarter of last year, the real estate market sales have been poorly sold. In addition, many housing companies have recently faced large -scale expiration debts and sold for sale. The project to relieve its own liquidity pressure and avoid debt defaults. "

Guan Rongxue, an analyst of Zhuge Finding Data Research Center, told the reporter of "Daily Economic News" through WeChat on the morning of June 20 that although the property market policies have frequently blown warm wind this year, factors such as the epidemic have made the sales end recovery. Determination. At this stage, housing companies' frequent sales of projects do not rule out that they are divergent of real estate assets and combine mergers and optimize corporate resources.

The pressure of housing enterprises is still large

"The sale of asset equity and the introduction of combat investment also reflects to a certain extent that some real estate companies hope to introduce high -quality and high -quality partners to strengthen their own operation week. At the same time, real estate projects frequently sell real estate projects to a certain extent to a certain extent convey to the market. The signal of the pressure of housing enterprises, the market is concerned about mood may increase. "

Guan Rongxue said that some housing companies sell equity and assets, which contains many opportunities for high -quality enterprises. There are still many high -quality projects with high potential value in the sale link. In high -quality projects, increase your own income.

A South China housing enterprise executive who has participated in the acquisition of corporate mergers and acquisitions told the reporter of "Daily Economic News" through WeChat on the afternoon of June 20 that "the essence of all walks of life is the same. The same is true for the industry. For high -quality projects, stable real estate companies naturally give priority to receiving and acquisition opportunities. However, for the projects that are extended by insurance housing companies, companies are often more cautious. The first is that some insurance companies are unwilling to sell high -quality projects at all, and the other is that there is a large difference in the pricing of assets and the transferee of the acquirer. ","

Guohai Securities mentioned in the research report that judging whether the market turning point in the downlink can usually observe the "four bottoms" in the market, which are policy bottoms, sales bottoms, land acquisition bottoms, and construction bottoms. In this round of real estate cycle, it is currently in the process of entering the "sales bottom" from "policy bottom". With the launch of the property market easing policy in various places, it is not ruled out that the "sales bottom" will be seen in the second quarter of this year.

Daily Economic News

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