Jin Rong Jie·2025-08-11 06:55Group 1 - The core point of the article highlights that Shimao Group's stock price dropped by 20.34% to 0.47 CNY per share, with a trading volume of 7825.97 million CNY as of 14:35 on August 11 [1] - Shimao Group Holdings Limited primarily operates in developing large-scale and high-quality real estate projects in economically developed or potential cities in mainland China, including residential, hotel, retail, and commercial properties [1] - The company is committed to promoting urbanization and practices the concept of "urban operator" with innovative and forward-thinking real estate development strategies, aiming to "achieve urban dreams" [1] Group 2 - As of the 2024 annual report, Shimao Group reported total revenue of 599.75 billion CNY and a net profit of -359.05 billion CNY [2]