Wan Yi plaza hydropower property

By the end of 20 12, Xinhuadu had 123 stores in Fujian, Guangdong, Guizhou and East China. Once based in Fujian Province, it expanded to neighboring provinces in Fujian. However, in terms of retail, Xinhuadu will stop developing in the existing areas.

Slow down the pace of opening stores, and the future will be dominated by the sinking of advantageous regional channels. Physical retail continued to slump, forcing the company to adjust the pace of opening stores. In the future, the company's store opening strategy will focus on Fujian's advantageous areas, expand cautiously, rely on prefecture-level cities, sink channels to county-level and developed towns, and expand outside the province. No new stores will be opened except Nanchang, Ganzhou, Chaozhou and Shantou. With the overall expansion of the company slowing down, we expect that the number of new stores will be around 10 every year in the next three years. The continuous improvement of the logistics system has laid the foundation for the sinking of the channel. The company has distribution centers in Quanzhou, Fuzhou and Longyan. With the continuous expansion of the company's scale, the existing logistics distribution system can no longer meet the company's growth needs, so the company upgraded the existing logistics center. The transformed logistics center not only improves the storage and distribution capacity of goods, but also increases the function of fresh processing. In addition, the fourth Zhangzhou logistics center is also under planning, with the project land of 100 mu and the construction area of 65,438+10,000 square meters.

At present, the retail industry is growing slowly, so it is urgent for Xinhuadu to find new business growth points. After halving the net profit in the first quarter, a notice of Xinhuadu unveiled its plan to enter the real estate industry.

The retail business is in a growth dilemma, and the company is transforming into the real estate industry.

20 13 In May, Xinhuadu acquired 9.5% of the shares of/kloc-0, two holding real estate subsidiaries of Xinhuadu Group, and developed the dual main businesses of "commerce+real estate". In fact, Chen Fashu, the boss of Xinhuadu and the founder and chairman of Xinhuadu Industrial Group, has been "ups and downs" in the real estate industry for several years, and the real estate business reserves at the group level are rich. The market still has expectations for major shareholders to inject real estate projects.

"Retail+real estate is a long-term strategy." In terms of real estate, the profits from subsequent contributions will become larger and larger, and Xinhuadu will enter a real estate-based stage in the future.

65438+On May 8, 2003, Xinhuadu obtained the right to use the state-owned construction land for the urban complex project of Jinsha Avenue in Shaxian at the auction price of 1.7 1 100 million yuan, and obtained the transaction confirmation on June 4. The planned land area of this plot is 60 132 square meters, and the leased land is divided into area A and area B.. After obtaining the land use right, the company will build commercial real estate (undivided sales) by self-development or cooperation with others, and provide its own property for opening department stores, hypermarkets, sporting goods stores, etc. , will be conducive to the layout of the company's commercial outlets.

1212 In February, Xinhuadu and Zhangzhou Wan Yi Investment Co., Ltd. signed the Supplementary Agreement on Commercial Housing Subscription, and continued to subscribe for the remaining18,000 square meters of property rights of Wan Yi Plaza. This time, the company plans to purchase 6.5438+0.8 million square meters of Wan Yi Plaza, that is, the first to third floors of Wan Yi Plaza and the fourth to fifth floors of the property, plus the first to third floors of the property that the company planned to subscribe for before, that is, the whole building of Wan Yi Plaza was purchased by the company, and the cost was 65.438+0.28 billion yuan.

1165438 2002+1On 2 October, Quanzhou Xinhuadu, a wholly-owned subsidiary of Xinhuadu, signed the Commercial House Subscription Agreement with Hechang Real Estate, intending to purchase the second, third and fourth floors of Hechang Trade Center shopping mall which Hechang Real Estate plans to build in Fengze District of Quanzhou. The total subscription price is tentatively set at10.90 billion yuan. As the project is still under construction and the pre-sale permit has not been obtained, the payment method and time of the total subscription price shall be negotiated separately by both parties. Hechang Real Estate promised to obtain the pre-sale permit of commercial housing before June 30, 2005, and signed a formal commercial housing sales contract with Quanzhou Xinhuadu.

65438+On March 1 day, 2003, Xinhuadu obtained the land use right of Luoxing Road (formerly Ma Jiang Building) in Mawei District, Fuzhou at the auction price of 1.3 1 billion yuan. The land transfer area is 13768.2 m2, the initial listing price is1100000 yuan, and the transaction amount is13100000 yuan. Xinhuadu said that the company will build commercial real estate through cooperation or self-development, and the completed commercial property will be used by the company to open department stores, hypermarkets and sporting goods stores.

The company's commercial real estate projects are ready to go, including Shaxian urban complex, Fuzhou Mawei commercial project and Anxi commercial complex in ten townships, each with a land area of 65,438+00-20 mu, all located in the most central area of townships. At present, two have been built, three are under construction and five are to be built. It is estimated that all of them will be put into use by 2065,438+05. On the other hand, the company made a heavy attack on residential real estate, and acquired 9.5% equity of/kloc-0, the "Wan Jiacheng" project under the group. It is estimated that the project will increase the company's three-year average net profit by about 76.56 million yuan.

Xinhuadu Group is involved in two major tourism real estate projects, and its future assets injection is imaginative. The group company reserves two tourism real estate projects, Zhangzhou Tourism Residential Real Estate and Hainan tourism real estate, with a total area of 1.6 million mu. In the future, it is not excluded that the Group will gradually inject it into listed companies.