Gemdale(SH:600383) Sou Hu Cai Jing·2025-11-28 04:05Core Insights - The "Influence·Times" Sustainable Development Innovation Conference and the 10th Times Financial Golden Orange Ceremony were successfully held in Chengdu, focusing on sustainable development and recognizing high-quality listed companies, with Jindi Group (600383.SH) receiving accolades for its resilient performance during industry adjustments [1][3][10] Company Performance - Jindi Group has demonstrated strong operational quality and product strength, maintaining stability and predictability in a volatile real estate market, emphasizing a "cash flow is king" strategy to ensure financial safety [5][7] - In the first three quarters of this year, Jindi completed approximately 417,000 square meters of new construction and 2,107,000 square meters of completed projects, achieving a signed area of about 1,792,000 square meters and a signed amount of approximately 24.18 billion yuan [5] Product Development - The company focuses on customer-centric product development, with a core system built around health, craftsmanship, aesthetics, and innovation, leading to a competitive product system [5][6] - Projects like the Jindi Dacheng Lefu in Wuhan have successfully met customer needs, achieving rapid sales and topping local residential transaction rankings [6] Financial Health - Jindi has successfully navigated a peak period of public debt repayment, with a current bond balance of only 501 million yuan and a steady decline in interest-bearing debt, optimizing its debt structure [7] - As of June 30, 2025, the company’s interest-bearing debt balance is approximately 69.7 billion yuan, with 98.5% being bank loans and a financing cost reduced to 3.96% [7] Business Strategy - In response to industry adjustments, Jindi is diversifying its business model, focusing on a "development + operation" framework to enhance sustainable growth [9] - The company has seen a 3% year-on-year increase in commercial property foot traffic and a 16% increase in member repurchase rates, indicating improved operational quality [9] Future Outlook - Jindi aims to continue its mission of "scientific home building," enhancing its financial system, resilient business layout, and innovative product capabilities to contribute to the high-quality development of China's real estate industry [10][11]