BUCID(SH:600266) Ge Long Hui A P P·2025-11-11 06:31Core Viewpoint - The report from Pacific Securities highlights that Chengjian Development has experienced significant growth in revenue and net profit due to increased project turnover, positioning the company favorably in the Beijing real estate market [1] Financial Performance - For the first three quarters of 2025, the company's revenue increased by 64.20% year-on-year, reaching a substantial growth [1] - The net profit attributable to shareholders was 765 million yuan, reflecting a year-on-year increase of 40.24% [1] Market Strategy - The company has actively responded to market adjustments in the first half of the year by leveraging favorable policies and utilizing various sales strategies, including the "four-piece set" sales approach, self-marketing channels, multi-project collaboration, and property exchanges [1] - Chengjian Development is focused on accelerating inventory reduction and has achieved strong sales performance, ranking among the top real estate companies in Beijing [1] Land Acquisition and Financing - The company is committed to acquiring high-quality land parcels with a scientific and rigorous approach to land expansion [1] - Financing channels are smooth, and the cost of financing remains low, which supports the company's growth strategy [1] Market Position - With years of deep engagement in the Beijing market, the company holds a significant market share and continues to push for inventory reduction [1] - The company maintains a "buy" rating due to its strong market position and effective strategies [1]