BUCID(SH:600266) Zheng Quan Ri Bao Wang·2025-11-19 12:32Group 1 - The Beijing land market witnessed a significant residential land sale, with Beijing Urban Construction Investment Development Co., Ltd. winning the Qinian Street plot for 2.028 billion yuan, resulting in a floor price of 81,120 yuan per square meter and a premium rate of approximately 4% [1] - The Qinian Street plot covers about 22,800 square meters with a planned construction area of approximately 25,000 square meters and a low plot ratio of 1.1, emphasizing the preservation of traditional architectural styles and cultural heritage [1] - The supply of residential land within the Second Ring Road is extremely limited, with zero residential supply in the inner city from 2020 to 2023, making such low-density plots highly sought after [1] Group 2 - Future market expectations suggest that the project could see selling prices exceed 150,000 yuan per square meter, particularly for courtyard-style products due to their scarcity [2] - Successful development of such projects hinges on accurately understanding high-end clientele's dual demand for traditional culture and modern comfort, integrating historical heritage with contemporary lifestyles [2] - Beijing Urban Construction has been actively acquiring land in core and suburban areas to solidify its market presence, including a recent acquisition in Changping District for 2.809 billion yuan with a floor price of approximately 32,000 yuan per square meter [2] Group 3 - Financial performance for the first nine months of 2023 shows the company achieved revenue of 19.311 billion yuan, a year-on-year increase of 64.20%, and a net profit attributable to shareholders of 0.765 billion yuan, up 40.24% [3] - The company demonstrated strong financial performance during the industry adjustment period, showcasing its robust strategies in financing, land acquisition, and development planning [3] - The company recently issued 800 million yuan in medium-term notes for 2025, with a three-year term and an interest rate of 2.13%, to ensure sufficient funding [2][3]