2 1 Shi Ji Jing Ji Bao Dao·2025-12-12 08:01Group 1 - Chongqing Bay project, a significant urban complex in the core area of Chongqing, has resumed construction after a prolonged halt due to industry adjustments and financial constraints faced by real estate developers [1][2][3] - The project, which covers a total construction area of over 1 million square meters, is considered a rare benchmark project in the core area of Chongqing, combining prime location, exceptional views, and rich cultural attributes [3][4] - The project faced severe stagnation, becoming a "stalled project" due to complex debt relationships, legal disputes, and issues related to demolition and resettlement, which hindered its development [4][5] Group 2 - A government-supported initiative has been launched to address the challenges faced by the Chongqing Bay project, marking a shift from simple financial aid to a more systematic approach to problem-solving [5][8] - China Great Wall Asset Management Co., Ltd. has committed to invest no more than 2.476 billion yuan to restructure existing debts and provide additional financing to ensure the project's continued development [5][6] - The success of revitalizing Chongqing Bay reflects a broader trend in the real estate industry, where risk mitigation strategies are evolving from short-term fixes to comprehensive rebuilding solutions [7][8] Group 3 - China Great Wall Asset Management has developed a full-chain relief plan that includes risk assessment, resource integration, and ongoing operational support, creating a closed-loop service system [8][9] - As of 2024, China Great Wall Asset Management has acquired and managed non-performing assets exceeding 23.5 trillion yuan, aiding over 1.5 million enterprises, and has invested over 10 billion yuan in the real estate sector since 2023, facilitating the resumption of stalled projects worth over 100 billion yuan [9]