Xin Lang Cai Jing·2026-01-05 08:21Group 1 - The core point of the news is that Longfor Group has completed the repayment of its bond "21 Longfor 02," involving a total amount of approximately 1.038 billion yuan, which includes principal and interest payments [1] - The bond had an issuance amount of 1 billion yuan and a coupon rate of 4.4%, with the repayment date set for January 7, 2026 [1] - Longfor Group has also settled its syndicated loan of 9.227 billion HKD (approximately 8.5 billion yuan) ahead of schedule, which was initiated on December 21, 2020, with a term of five years [1] Group 2 - As of June 30, 2025, Longfor Group's total borrowings amounted to 169.8 billion yuan, a decrease of 6.53 billion yuan compared to the end of the previous year, with a net debt ratio of 51.2% [2] - The average financing cost is 3.58% per annum, and the average contract loan term is 10.95 years, with cash on hand amounting to 44.67 billion yuan [2] - The company began its debt reduction strategy in mid-2022, when its interest-bearing debt was 208 billion yuan, aiming to reduce debt through operational cash flow [2]