YUEXIU PROPERTY(HK:00123) Mei Ri Jing Ji Xin Wen·2025-11-16 21:30Core Viewpoint - A dispute between state-owned real estate companies has been resolved amicably, following allegations of unfair competition and pricing issues in a joint project in Beijing [1][3][6]. Group 1: Background of the Dispute - On November 12, a complaint was filed by Beijing Xingding Real Estate Development Co., a subsidiary of China State Construction, against Guangzhou Yuexiu Real Estate's subsidiary, alleging unreasonable pricing and malicious competition in the Beijing Puyue project [1][3]. - The joint project, known as the Huangshanmu Store project, was won by a consortium including China State Construction, China Jinmao, and Yuexiu Real Estate for 12.6 billion yuan, setting a record for floor prices in the Chaoyang District [7][10]. Group 2: Resolution and Future Plans - On November 16, the involved parties reached a consensus and issued a joint statement, committing to transparency and collaboration in project development [3][6]. - The three companies will jointly manage marketing for both the southern and northern plots of the Huangshanmu Store project, aiming to enhance product offerings and services [6][19]. Group 3: Market Context and Implications - The competitive landscape in Beijing's real estate market is intense, with significant public interest in the projects, leading to discussions about pricing strategies and customer retention [15][19]. - The resolution of the dispute is seen as beneficial for both developers and buyers, allowing for a more stable market environment amid ongoing adjustments in the real estate sector [20].