龙湖集团已偿清港币银团92.27亿港元

Core Viewpoint - Longfor Group has successfully repaid its syndicate loan of HKD 9.227 billion (approximately RMB 8.5 billion) ahead of schedule, marking a significant step in managing its debt and financial strategy [2] Group 1: Debt Management - The syndicate loan was initiated on December 21, 2020, with a five-year term, and was fully repaid in early December 2023 [2] - Longfor Group has cleared all public market debts due by the third quarter of 2025, demonstrating a robust financial strategy and orderly repayment plan [2] - Since 2023, Longfor has focused on driving business growth through positive operating cash flow, establishing a sustainable financial foundation [2] Group 2: Financial Performance - As of mid-2025, Longfor Group has achieved positive operating cash flow, including capital expenditures, for three consecutive years [2] - The company has reduced interest-bearing liabilities by over RMB 40 billion cumulatively since mid-2022, leading to continuous improvement in financial metrics [2] - Longfor plans to further reduce interest-bearing liabilities by approximately RMB 10 billion annually starting in 2026, stabilizing its debt levels without repayment pressure [2] Group 3: Industry Implications - Longfor's successful navigation through the debt cycle is seen as a positive signal for the industry, indicating that traditional real estate companies can address historical issues internally [2] - The company's approach reflects a commitment to steady and orderly planning, as well as a long-term strategy to engage in the exploration of new real estate models [2]