Jing Ji Guan Cha Wang·2025-03-31 12:19Core Viewpoint - Vanke is expanding its leading position in the rental and purchase era, achieving significant revenue and sales growth while maintaining industry-leading performance in long-term rental apartments [1][2] Group 1: Financial Performance - Vanke reported a revenue of 340 billion and sales exceeding 240 billion for the year 2024 [1] - The company delivered over 180,000 high-quality units, leading the industry in large transactions [1] Group 2: Long-term Rental Business - Vanke's long-term rental apartment business is performing exceptionally well, with a management scale of approximately 260,000 units and over 120,000 units under national policy protection, leading among market entities [1] - The occupancy rate of Vanke's rental properties exceeds 95%, with a front-end GOP profit margin of 90% [1] Group 3: Customer Satisfaction and Loyalty - Customer satisfaction for Vanke's long-term rental business has consistently remained above 95%, with a renewal rate of about 60% for existing customers [1] - The company has received recognition from over 5,000 corporate clients, including well-known companies like Tencent, BYD, and DJI [1] Group 4: Strategic Developments - Vanke has successfully implemented a "stock activation" development model, revitalizing nearly 15,000 existing rental units in 2024, including around 7,000 units from its own inventory [1] - The management team has been adjusted and strengthened, leading to stable operations and positive progress across various business areas, including the approval of 79 whitelist projects [2]