Real Estate Development

CUDHG

CUDHG released FY2026 Q1 earnings on April 26 After-Market (BJT), actual revenue CNY 348.22 M, actual EPS CNY 0.005

CREC FY2026 Q1 Earnings Release Scheduled for April 27, After-Market BJT

CREC to Release FY2025 Annual Earnings on April 15 After-Market (BJT)

CREC released FY2025 Annual Earnings on March 31 After-Market (BJT), Actual Revenue: CNY 14.71 B, Actual EPS: CNY -2.2899

CREC released FY2025 Q4 earnings on March 31 After-Market (BJT), actual revenue CNY 413.78 M, actual EPS CNY -8.7518

CREC released FY2025 9 Months Earnings on October 30 After-Market (BJT), actual revenue CNY 14.29 B, actual EPS CNY 6.4582

CREC released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 1.048 B, actual EPS CNY 8.0382

CREC to Release FY2025 Q3 Earnings on October 31 After-Market BJT

CREC released FY2025 Semi-Annual earnings on August 28 Pre-Market (BJT), actual revenue CNY 13.25 B, actual EPS CNY -1.58

CREC released FY2025 Q2 earnings on August 28 Pre-Market (BJT), actual revenue CNY 1.476 B, actual EPS CNY -0.9199

CREC to Release FY2025 Semi-Annual Earnings on August 29, 2025 (BJT)

*ST Zhongdi Receives BB ESG Rating

*ST Zhongdi Plans to Sell Real Estate Development Business Assets

*ST Zhongdi Passes On Commercial Opportunity For Jiaqing Ke Yi Cheng Site Project

CREC released FY2025 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 11.77 B, actual EPS CNY -0.66

CREC to Release FY2025 Q1 Earnings Report on April 29 After-Market BJT

China Communications Real Estate Reports Net Loss of 5.179 Billion Yuan in 2024

China Communications Construction Realty Implements Delisting Risk Warning Due to Negative Net Assets

CREC released FY2024 Annual Earnings on April 14 After-Market BJT, actual revenue CNY 18.3 B (forecast CNY 36.41 B), actual EPS CNY -7.1623 (forecast CNY 1.12)

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Recently, China Communications Construction Real Estate received a letter from China International Capital Corporation regarding the replacement of the continuous supervision sponsor representative for the specific object issuance of stocks project. The original sponsor representative Liu Zhendong will no longer serve in this position due to a job change, with the continuous supervision period lasting until December 31, 2025. To ensure the orderly progress of work, China International Capital Corporation has appointed Yang Yunfan to take over and continue to fulfill the responsibilities

Zhitong

China Communications Construction Real Estate has changed its continuous supervision sponsor representative, with Yang Yunfan replacing Liu Zhendong

ST CREC passed multiple trading proposals with high votes at the fifth extraordinary general meeting of shareholders in 2025, marking an important step in the company's strategic transformation. The voting results show a support rate of 98.039%, reflecting the market's recognition of the restructuring plan. This restructuring will divest heavy asset and high-debt businesses, focusing on light asset operations, aiming to reduce financial risks and align with the "light asset" trend in the real estate industry. Analysts believe that this move will enhance the company's operational stability and capital market valuation

ST CREC's major asset restructuring was approved by a high vote, in line with the "light asset" trend in the real estate industry

On June 25th, there were reports in the market that Li Yongqian, the former chairman of China Communications Real Estate, was suspected to be missing. Hongxing Capital Bureau called China Communications Real Estate, and relevant personnel from the securities department stated that Li Yongqian had already resigned, and the company did not have relevant information. On the evening of June 16th, *ST CREC announced the formal disclosure of a major asset sale proposal. The company plans to completely divest its real estate development business-related assets and liabilities for a consideration of 1 yuan, with the acquirer being China Communications Real Estate Group

Former Chairman of China Communications Construction Real Estate, Li Yongqian, is rumored to be missing! He served for nearly 5 years and proposed the goal of "100 billion performance, top three among central enterprises." Now the company is selling its real estate business for 1 yuan

On June 17th, China Communications Construction Real Estate Co., Ltd. disclosed a draft for a significant asset sale, intending to completely divest approximately 3.92 billion yuan of negative assets for a consideration of 1 yuan, with the acquirer being the controlling shareholder, Real Estate Group. This announcement involves a total of 40 related pieces of information

Wallstreetcn

The transaction price is only 1 yuan! China Communications Construction Real Estate disclosed the "refund" draft

ST CREC announced a major asset sale proposal on June 16, planning to transfer all assets and liabilities of its real estate development business to its controlling shareholder, China Communications Real Estate Group, for 1 yuan. This move marks an important step for the company towards transforming into a light asset business, focusing on property services and asset management after the transfer. This transaction does not involve the issuance of shares and is expected to improve the company's capital structure and profitability, protecting shareholder interests

ST CREC released a major asset sale draft, accelerating the business transformation

ST CREC announced that the company plans to transfer the real estate development-related assets and liabilities it holds to its controlling shareholder, the Real Estate Group. This transaction constitutes a major asset restructuring. The scope of the transaction includes fundraising investment projects, which will lead to the termination of these projects. This transaction has been approved by the board of directors and still needs to be submitted for approval at the shareholders' meeting. As of the end of 2024, the Changsha Fengming Dongfang project has accumulated an investment of 157 million yuan, and the Tianjin Chunying Haihe project has accumulated an investment of 277 million yuan, totaling 434 million yuan

ST CREC: Plans to transfer fundraising projects to related parties

ST CREC plans to divest its real estate development business, transferring related assets and liabilities to its controlling shareholder China Communications Real Estate Group, with the transaction being a cash acquisition. This move aims to address the downward pressure in the real estate industry, reduce the asset-liability ratio, focus on light asset businesses such as property management and asset management, and achieve strategic transformation and high-quality development

ST CREC plans to divest its real estate development business and actively embrace light asset operations

On April 15th, according to the Hong Kong Stock Exchange, starting from April 16, 2025, China Communications Construction Co., Ltd. listed on the Shenzhen Stock Exchange will be removed from the China Tong Securities list and added to the China Tong Special Securities list, meaning it can only be sold through the Shenzhen-Hong Kong Stock Connect. From the same date, the above securities will also be removed from the list of eligible Shenzhen Stock Exchange securities for margin trading and the list of eligible Shenzhen-Hong Kong Stock Connect securities for short selling

HKEX

Hong Kong Stock Exchange: CREC removed from the Shenzhen Stock Connect list

CREC disclosed its 2024 annual report on April 14, showing that the company's operating income was 18.302 billion yuan. It is actively promoting business structure adjustment and strategic transformation, focusing on light asset operations. The property management business revenue was 728 million yuan, with a newly expanded area of 12.93 million square meters, and a managed area reaching 62.65 million square meters. The company completed a private placement of shares, raising 438 million yuan to optimize its capital structure and enhance financial resilience. In the future, it will deepen the "transition from heavy to light" strategy to promote high-quality development

CREC disclosed its 2024 annual report, strategically focusing on light asset operations, with the layout of its property management business taking shape

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36Kr learned that as of the time of publication, real estate stocks are fluctuating lower, with CREC and YANG GUANG hitting the limit down, and LANGOLD, PHOENIX PROPERTY, Sz Zhenye, and RONG FENG HOLDING also following the decline

CUDHG(000736.SZ)