Summary of duties
It is a real estate developer and construction company located in Zhuozhou City, Hebei Province, China. Collect a wide range of real estate development activities, such as planning, construction projects, and property sales, investment and construction. As of August 31, 2019, the Marketplace has a diversified portfolio of 20 real estate projects, including 18 residential properties, 1 investment and 1 hotel, all of which are owned and developed. Among them, 7 projects are located in Zhuozhou and 13 projects are located in Zhuojiakou. The total construction area of the collected land and equipment is 1989289 square meters, including completed projects with a total construction area of 41671 square meters for unsold and 44336 square meters for crop investment, and under construction with a total construction area of 961507 square meters, and undeveloped property industry with a total gross construction area of 941774 square meters.
Thank you very much.
With a good location, we can benefit from the national strategy for the development of the Beijing-Tianjin-Hebei region and the Xiongan New area, as well as the opportunities from the 2022 Beijing Winter Games.
The collection company has achieved the equivalent effect of its real estate development and construction contract services, so that it can carry out the combination of multiple projects, and improve its efficiency and strong design and development capabilities.
Negative factor
Obligations and future development are limited by the macro economic conditions of China (especially Hebei Province), which are beyond the control of the market.
The cost of the collection is subject to a large number of government policies and laws and regulations, and it is especially vulnerable to the adverse activities of the development of premises in the area where the operation is located and the policies related to China's construction and construction industry.
The purpose of the income
About 50.0% of the land is used for land acquisition and land collection in cities in the Beijing-Tianjin-Hebei region.
About 20.0% is used to provide funds for housing and property projects.
About 20.0% is used to provide funds for construction projects in the outstanding contract fund as of the final practicable date.
About 10.0% is used for general financial assistance.