How much is the debt of China Shipping Real Estate?

By June 30th, 20021year, the asset-liability ratio of China Shipping Real Estate was 60.2% and the online loan rate was 33.8%. The weighted average financing cost is 3.6%. In 2020 and 20 19, the asset-liability ratio was 59.77% and 60.07% respectively. As of June 30th, 20021,the balance and cash of China Overseas Real Estate Bank was1174.3 billion yuan.

Is China Shipping Real Estate a central enterprise or a state-owned enterprise?

First of all, the nature is not a state-owned enterprise, but a central enterprise directly under the SASAC. It is said that China Shipping Real Estate is actually not a company, but the brand name of China Shipping Group, a subsidiary of China State Construction Engineering Corporation, which owns two platforms for listing Hong Kong stocks: China Shipping Development and China Shipping Hongyang. The relationship between them is essentially parallel, the main difference is that they are stationed in different cities. The former is mainly stationed in first-and second-tier cities and core cities in various regions, while the latter is mostly in third-tier or non-core cities. However, there are exceptions. For example, capital cities such as Lanzhou and Hefei are also within the business scope of Zhonghai Hongyang. Commonly referred to as "China Shipping Real Estate" is the floorboard of the above two groups. Therefore, any group's projects will generally use "China Shipping Real Estate" as a publicity brand.

Development of China Shipping Real Estate

China Shipping Real Estate believes that customers are the foundation for the company to achieve sustainable development and the driving force for product innovation. The company implements the concept of customer service from project positioning, design, construction, sales and obtaining later property services. China Shipping Real Estate looks at the whole business of real estate development and operation from the customer's point of view, attaches importance to the suggestions and opinions fed back by customers, brings the evaluation of customer satisfaction index of regional companies into its performance appraisal scope, and continuously improves products and services from the customer's interests.

At present, in order to meet the new needs of customers in the new era, the company regards intelligence and industrialization as the two major directions of product quality upgrading. The company will cooperate with Huawei and other technology companies to lead the research and development and application of wireless city and smart home, and build the world's first 5G community in Shanghai. Stand out among more than 40 peer enterprises and participate in the compilation of two national standards, namely, Code for the Construction of Intelligent Residential Quarters and Design Standard for Intelligent Buildings.