Core Insights - The company, Midea Real Estate Group Co., Ltd., received an "AAA" rating for its 2025 fourth tranche of medium-term notes from China Chengxin International [1] - The strong comprehensive strength of the actual controller, Midea Holdings Co., Ltd., is acknowledged, providing brand and operational support, financial resources, and enhancing liquidity [1] - Concerns regarding risks in the real estate industry, project impairment affecting profits, and potential sales pressure are highlighted [1] Company Overview - Midea Real Estate was established in January 1995 and is a key operating entity for Midea's real estate business [2] - In October 2024, Midea Real Estate Holdings underwent an internal restructuring, separating its real estate development and sales business from the listed company [2] - The company reported a revenue of 46.637 billion yuan in 2024 [2]
美的置业集团有限公司2025年度第四期中期票据获“AAA”评级