Workflow
老牌房企转型高科技投资 衢州发展拟斥资超百亿元收购“独角兽”

Core Viewpoint - The article highlights the rapid sales success of the Shanghai One Mansion project while also detailing the financial struggles of Quzhou Development, which is pivoting towards high-tech investments through the acquisition of leading ITO target material company, Xian Dao Electronics Technology Co., Ltd. [3][4][6][7] Group 1: Shanghai One Mansion Sales Performance - Shanghai One Mansion sold 66 units in just one hour, generating sales of 4.8 billion yuan, and is projected to exceed 22 billion yuan in total sales by 2025, maintaining its status as the "national single project sales champion" [3][4]. - The average selling price increased from approximately 170,000 yuan per square meter in the first batch to about 198,000 yuan per square meter in the latest batch, with an average total price of around 73 million yuan per unit [4]. Group 2: Quzhou Development's Financial Challenges - Quzhou Development is expected to report a net profit of 210 million yuan for the first half of 2025, a decrease of 1.325 billion yuan or 86% compared to the same period in 2024 [6]. - The company attributes its declining performance to the cyclical nature of real estate project development, with a significant drop in revenue from property settlements, leading to a net profit decrease of approximately 1.73 billion yuan [6]. Group 3: Strategic Shift Towards High-Tech Investments - Quzhou Development is accelerating its transformation away from real estate, with no new land acquisitions since 2024, and is focusing on developing its real estate asset management business [6][7]. - The company plans to acquire 95.46% of Xian Dao Electronics Technology Co., Ltd. through a share issuance, with a total estimated acquisition cost of 11.455 billion yuan [7][8]. - This acquisition aligns with Quzhou's strategy to leverage stable cash flow from real estate to support long-term growth in high-tech sectors, particularly in new materials [7][9].