Pay as scheduled!Jianye Real Estate paid 500 million US dollars in debt, and all US dollar bonds were settled during the year ｜ Extremely engraved

Dahecai Cube "Extreme Carrier" No. 773

Dahecai Cube "Extreme Carrier" team reporter Jia Yongbiao

Credit is a golden key, especially in a special period.

On the evening of August 8th, Jianye Real Estate issued an announcement saying that the company had fully repaid US $ 500 million in 2022 $ 6.875%of the priority notes.

It is reported that after the repayment of the US dollar debt as scheduled, it means that Jianye Real Estate has successfully settled all the US dollar bonds in 2022.

It is understood that the debt repayment funds of Jianye Real Estate originated from the company's shareholders 'borrowing of funds obtained after the transfer of major shareholders' equity, and domestic financing, which does not have a significant impact on the company's operating cash flow.

Jianye repay the US dollar bonds as scheduled

Boost industry confidence

The reporter from the Dahe Daily · Dahe Cai Cube sorted out and found that, on July 31st, Jianye Real Estate had a repurchase and cancellation of US $ 27.325 million in August.

For the debt repayment, the industry is more concerned that when the liquidity of the enterprise has failed to get fundamentally relieved, why should Jianye insist on paying the US dollar debt on time?

From the perspective of a macro environment, the current international political situation is complex and changing, the financial field is undercurrent, and the Fed continues to raise interest rates. The currencies of various countries have a serious depreciation of the US dollar. The US dollar debt is repaid in advance or on time, which will effectively reduce the burden on debt and reduce the risk of business operations.

According to statistics, since this year, under the circumstances of the US dollar bond default, only a few private real estate companies such as Longhu Real Estate, Country Garden, Xuhui Real Estate, and New City Real Estate have completed the repayment of US dollar bonds with healthy private housing companies.

"At present, real estate companies are mainly facing liquidity issues, and the most fundamental prerequisite for resolving liquidity is to maintain good capital market credit, so that they can continue to issue bonds and financing to ensure the safety of the company's cash flow." A real estate analyst express.

"In the current market environment, Jianye Real Estate repay the US dollar bonds as scheduled. Whether it is a good news for Jianye Real Estate or the US dollar bond market, it is an exciting news." As a leading enterprise in the region and industry, repayment of debt on time has a certain positive role in maintaining the overall credit of enterprises and domestic real estate in the international and domestic credit.

In fact, this is also the same as Jianye's own culture. As early as 20 years ago, Jianye proposed "rooting the Central Plains, benefiting the people, and being a promoter of the process of urbanization and society in the Central Plains".

Persist in steady financial policy

Use your own funds to repay

For a period of time, the outside world has paid high attention to the leading company of Henan's local real estate companies, and has repaid US dollar bonds as scheduled. The main channels for its funding sources have also attracted much attention.

The reporter learned that the Jianye Group formulated a policy at the beginning of the year, and used the active revitalization of real estate, transferred some project equity joint ventures, introducing state -owned platform holdings, and vigorously promoting sales and repayment work to ensure the company's normal operation and debt repayment this year.

From the perspective of specific operations, Jianye Group has not only contributed to the two major cultural tourism projects of Henan Cultural Tourism Investment Group on the two major cultural tourism projects of "Jianye Film Town" and "only Henan · Drama Fantasy City". Get the rental income of some real estate projects in advance.

On July 21, Henan Tiejian invested in the real estate development platform Henan Tongsheng Real Estate Co., Ltd. officially completed its shareholding and became the second largest shareholder of Jianye Real Estate. At the same time, the large shareholders 'transfer of the shares of the shareholders borrowed the company's borrowing to the company in the form of shareholders' loan to effectively supplement the company's cash flow. At present, the two parties are also actively negotiating on the issuance of convertible bonds.

Relevant analysts believe that Jianye's repayment of US dollar bonds will also benefit from various measures of governments at all levels. Since the beginning of this year, the central government has proposed to support development as a support and put stable growth in a more prominent position.

The Henan Provincial Party Committee and the Provincial Government insisted on stabilizing the words, actively realized the changes, and made every effort to stabilize the economic market. After the promulgation of the "Henan Province Supporting Enterprise Supporting Enterprises Accelerating the Reconstruction of the Reconstruction and Restoration of Production and Operations" in August last year, this year has successively introduced the "1+3 -Package Enterprise Littering Policy" and "Henan Cultural Tourism Relief to help enterprise policy" and so on. Xiang Hui's livelihood, employment, and economic series of government rescue packages to ensure the stable economic operation of Henan Province and the healthy development of enterprises in the province.

In terms of real estate industry, various national ministries and commissions, provinces and cities across the country have issued relevant policies to resolve real estate risks, and call on state -owned assets platforms and high -quality private enterprises to actively participate in risk disposal of the real estate industry through market means. Zhengzhou also established the "Zhengzhou Real Estate Rearry Fund" with a tentative scale of 10 billion yuan at the end of July.

In addition, it is worth noting that the repayment of this large dollar debt will impact the daily operation and future operation of Jianye Group?

It is reported that Jianye Group has adhered to the prudent financial concept for a long time. After Jianye broke through the "double trillion" mission goal in 2019, Chairman Hu Yisen proposed that Jianye will enter the "strategic consolidation period" Your own cost control ability.

Especially in recent years, the flood and epidemic are superimposed, the real estate industry has shone downward, and the core business is mainly deployed in Jianye Real Estate in Henan. It still maintains a stable operation of the basic market, showing the tough side of the enterprise.

The reporter learned that Jianye Real Estate has formulated a series of planning measures for the security guarantee security guarantee of filling in cash flow, including increasing the efforts to revitalize real estate, development of joint venture projects, historical receivables, and promoting sales repayments. Joint state -owned assets to explore a variety of cooperation

Fully protect people's livelihood, friendship

It is worth mentioning that in the past three decades, Jianye has kept the credit bottom line and maintained a record of zero arrears in financial institutions and the record of zero fugitives in the taxation department.

Prior to this, on November 8, 2021, Jianye Real Estate had paid $ 375478,675 on its maturity, repaying the bill principal of 3632,200,000 US dollars in November 2021 and $ 1225,8675.

After the repayment of US dollar bonds on schedule, Jianye Real Estate has no pressure on US dollar bonds during the year, which also means that Jianye ’s work focus will be further tilted to Bao Min and Baojia Building.

From the current situation, the presence of state -owned assets not only provides credit enhancement for Jianye Real Estate's own businesses, but also Jianye will also explore more cooperation methods and possibilities with Henan Railway Jianchu Group. The market -oriented risk disposal of real estate enterprises provides useful exploration.

Many people in the industry believe that Tiejian Investment has also fancy the golden signboard of Jianye. This mixed reform not only plays an important role in supporting and maintaining the stable development of the real estate market in the local leading real estate market through a market -oriented manner. New opportunities for development.

Data show that in the first half of 2022, with the continued sluggish industry, Jianye Real Estate realized contract sales of 14.04 billion yuan and sales area of ​​1.9149 million square meters. The market share remained stable. ; Jianye Group delivered a total of 56 batches and 20132 houses in the first half of the year, and the delivery area reached 3.133 million square meters. It was delivered to the commitment as scheduled.

In order to complete the mission and goals at the stage, Jianye also carried out the "Autumn Defense War". Among them, insurance delivery and construction will become one of the key tasks in the task work at this stage. Industry operations provide basic support and guarantee.

On July 28, the Political Bureau of the Central Committee of the Communist Party of China held a meeting to analyze and study the current economic situation, and deployed the economic work in the second half of the year. The meeting emphasized that it is necessary to stabilize the real estate market. Concluding local government responsibilities, keeping over the building and stabilizing the people's livelihood.

"At present, market confidence has been repaired to a certain extent. In the future, the real estate market will gradually stabilize and improve. The company will also vigorously strengthen the construction of insurance delivery and insurance, boost consumers' confidence, and ensure that sales and repayment work can be in the direction of the company's settlement. The execution was completed. "The relevant person in charge of Jianye Real Estate said.

Responsible editor: Shi Jian | Audit: Li Zhen | Director: Wan Junwei

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