去年还亏了9个亿，今年前三季度就狂赚7.65亿，还敢砸超百亿在北京核心地段拿地。北京城建发展这波"逆袭+扩张"的操作，把地产圈都看懵了——这到底 是抄底好时机，还是在行业下行期的冒险？ 图源：城建发展2025年三季报 2025年的房地产行业，整体还在收缩调整期，不少房企都在勒紧裤腰带"保命"，但北京土地市场却杀出了一位"逆行者"——北京城建发展。 自打7月新董事长上任后，这家房企就像开了"加速键"，三个月内豪掷77.37亿拿下三宗核心地块，再加上年中入手的地块，今年拿地总额直接冲破百亿大 关。有意思的是，就在2024年，这家公司还陷在超9亿元的亏损里，可2025年前三季度，直接交出了193.11亿营收、7.65亿归母净利润的亮眼成绩单。 一边是百亿拿地的大手笔，一边是从亏损到盈利的大反转，这组反差数据背后，藏着地方国资房企穿越地产周期的小心思，也让不少人好奇：财务老将掌舵 下，这步棋到底是稳赚的精准操盘，还是行情下行时的谨慎试水？ 核心城区"三连落子"：百亿拿地的路径藏着哪些小心机 2025年下半年的北京土拍场，北京城建发展的存在感直接拉满，而且它的拿地路线特别清晰：从"抱团取暖"到"单打独斗"，从"近郊试水 ...

新京报讯 据"北京通州发布"微信公众号消息，日前，通州区老城平房棚户区改造项目一期九棵树南地 块FZX-0302-6017二类居住用地成功出让。 经中海地产与北京城建的竞价角逐，最终由中海地产旗下北京海铧房地产开发有限公司，以124800万元 竞得该地块，副中心将再添一高品质住宅。 项目位置示意图。图/"北京通州发布"微信公众号 生活配套方面，该地块向北直线600米范围内，便是毗邻九棵树地铁站的阳光新生活广场、通州领展广 场等成熟商业体，可满足购物、休闲、消费等多元需求。南侧推窗即见通州云景公园，是面向居民的天 然生态休闲空间。西侧900米以内，聚集了通州第一实验小学、东直门医院通州院区等教育与医疗资 源。 根据规划，该地块的用地规模为2.47万平方米，规划地上建筑面积5.44万平方米，控制高度45米（局部 60米），容积率2.2，将营建低密度宜居社区。 在建筑设计方面，项目"多规合一"公示明确要求，临九棵树中路一侧建筑立面需提升城市景观视觉效 果，鼓励采用围合式院落布局，营造舒适的内部庭院空间。 该地块地处城市副中心0302街区核心的九棵树板块，位于五到六环之间。地块四至明确：东至九棵树中 路，南至规划FZ ...

Core Viewpoint - The stock of Beijing Urban Construction Development Co., Ltd. has shown fluctuations with a recent increase of 2.13%, while the company has experienced a year-to-date decline of 5.15% in its stock price [1] Financial Performance - For the period from January to September 2025, the company reported a revenue of 19.31 billion yuan, representing a year-on-year growth of 64.20%, and a net profit attributable to shareholders of 765 million yuan, which is a 40.24% increase compared to the previous year [2] - Cumulative cash dividends since the company's A-share listing amount to 5.243 billion yuan, with 519 million yuan distributed over the last three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 1.74% to 47,600, while the average number of circulating shares per person increased by 1.77% to 43,583 shares [2] - The top ten circulating shareholders include notable entities such as Southern CSI Real Estate ETF and Hong Kong Central Clearing Limited, with some shareholders reducing their holdings [3]

Core Viewpoint - Beijing Urban Construction Investment Development Co., Ltd. is set to hold a Q3 2025 performance briefing on December 9, 2025, to discuss its operational results and financial status with investors [2][3]. Group 1: Meeting Details - The performance briefing will take place on December 9, 2025, from 15:00 to 16:00 [2][6]. - The meeting will be held at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [2][3]. - Investors can submit questions from December 2 to December 8, 2025, for the company to address during the briefing [5]. Group 2: Participants - Key personnel attending the briefing include General Manager Mr. Zou Zhe, Independent Director Mr. Zhou Qingjie, Chief Financial Officer Mr. Xiao Mujun, and several Vice Presidents [4]. Group 3: Contact Information - For inquiries, investors can contact the company's Board Secretary Department at the provided phone number [7].

北京城建投资发展股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： https://roadshow.sseinfo.com/） 证券代码：600266 证券简称：城建发展 公告编号：2025-63 北京城建投资发展股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日发布公司 2025 年第三季度报告，为便于广大投资者更 全面深入地了解公司 2025 年第三季度经营成果、财务状况，公司计 划于 2025 年 12 月 09 日（星期二）15:00-16:00 举行 2025 年第三季 度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第 会议召开时间：2025 年 12 月 09 日（星期二）15:00-16:00 会议召开地点：上海证券交易所上证路演中心（网址： 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 12 月 02 日（星期二）至 12 月 ...

Core Points - Beijing Urban Construction Group has been placed on the military procurement suspension list due to involvement in prohibited penalty projects [1][3] - The suspension is effective from November 24, 2025, and the company is barred from participating in military material engineering service procurement activities [4] - The company has a total asset exceeding 350 billion RMB and is recognized as one of the "Top 500 Chinese Enterprises" [4][5] Company Overview - Beijing Urban Construction Group was established in 1993 and has a registered capital of 750 million RMB [5] - The company operates in nine major business areas, including urban construction engineering, real estate, design, landscaping, capital, cultural tourism, international operations, and services [4] - It has 28 wholly-owned and holding subsidiaries, including one A-share listed company and two H-share listed companies [4]

Group 1 - The company held its 26th meeting of the 8th Board of Directors on November 25, 2025, where several resolutions were passed unanimously [1][2][3] - The company approved the absorption merger of its wholly-owned subsidiary, Anhui Hupo Property Service Co., Ltd., with another wholly-owned subsidiary, Xuancheng New World Real Estate Co., Ltd. [5][10] - The merger will enhance operational efficiency, optimize governance structure, and reduce management costs, aligning with the company's development strategy [12] Group 2 - The company approved a guarantee for its controlling subsidiary, Hefei Xinpo Real Estate Co., Ltd., for a loan of up to 360 million yuan, with the company providing a guarantee of 252 million yuan [17][19] - The total amount of external guarantees, including this one, will reach 3.365 billion yuan, with no overdue guarantees reported [20] Group 3 - The company approved a financing agreement with Hefei Xingtai Commercial Factoring Co., Ltd., for a financing limit of 300 million yuan to meet operational funding needs [23][27] - The financing rate is set at 3.5% per year, with the company and its subsidiaries required to provide guarantees based on their ownership stakes [27][28] Group 4 - The company announced the convening of its 2025 Fourth Extraordinary General Meeting on December 11, 2025, to review the resolutions passed by the Board [32][38] - The meeting will allow shareholders to participate both in person and via online voting [34][42]

Group 1 - Beijing's land market saw the transaction of two residential land plots on November 25, with a total area of approximately 8.45 hectares and a total transaction price of 64.95 billion yuan [1] - The Chaoyang District plot attracted 8 bidders, including one consortium, and was sold for 50.24 billion yuan after 173 rounds of bidding, resulting in a premium rate of 18% [1] - The floor price for the Chaoyang plot was 62,100 yuan per square meter, while the floor price for the Fangshan District plot was 15,300 yuan per square meter [1] Group 2 - The two plots sold are located near subway stations, indicating a strategic focus on land supply around transit hubs [2] - The Chaoyang plot is situated about 100 meters from the North Gongda West Gate Station on Line 14, providing direct access to key areas such as Wangjing and Guomao [2] - The Fangshan plot is adjacent to the Guangyangcheng Station on the Fangshan Line, which aligns with the "Good Housing" policy to develop high-quality residential products [2]

Core Insights - On November 25, two residential land parcels were sold in Beijing, with a total transaction amount of 6.495 billion yuan [1] Group 1: Land Transactions - The Chaoyang District Songyu Li parcel attracted seven bidders, with a final bid of 5.024 billion yuan, resulting in a floor price of 62,140 yuan per square meter and a premium rate of 18.21% [1] - The Fangshan District Guangyangcheng parcel was acquired by Beijing Urban Construction at a base price of 1.471 billion yuan, with a comprehensive transaction floor price of 15,336 yuan per square meter, and an adjusted residential floor price of approximately 18,098 yuan per square meter after deducting commercial and community service facility areas [1]

Core Viewpoint - Beijing Urban Construction has acquired a land parcel in Fangshan District for 1.471 billion yuan, with a floor price of approximately 18,100 yuan per square meter [1] Group 1: Acquisition Details - The land parcel is located in the northern Guangyang City area of Changyang Town, Fangshan District [1] - The total land area is 55,626.95 square meters, with a controlled building scale of 95,916.662 square meters [1] - The acquisition was made at the base price, indicating a strategic investment opportunity for the company [1] Group 2: Location and Surroundings - The site is situated between the southwest Fifth and Sixth Ring Roads, adjacent to the Guangyang City Station on the Fangshan Line [1] - Nearby amenities include Fangshan Xiyue Tianjie, Shouchuang Outlets, Beiya Orthopedic Hospital, and several parks, enhancing the attractiveness of the location [1]