CHINA OVERSEAS(HK:00688) 克而瑞地产研究·2025-03-14 09:42Company Developments - Blue乐 Group signed a "Party Building Joint Construction" project with Shaoxing Jidong Town [1] - RunDi Management won the bid for the Jiaxing City Jiashan New Intelligent Manufacturing Industrial Park project [1] - China Overseas Management is overseeing the construction of the Changcheng Asset Shanghai Yangpu Riverside luxury residential project [1] - HeSheng ChuangZhan's projected sales for January-February 2025 are estimated at 695 million RMB [1] Project Updates - Yuanyang Construction Management is making significant progress on the Taizhou Kaidi Intelligent Manufacturing Industrial Park [1] - China Merchants Construction Management has initiated the second phase of the Dongguan Biopharmaceutical Base Songhu Pharmaceutical Port project [1] - CIFI Construction Management has over 200 projects under management as of the end of 2024, covering more than 70 cities and a total construction area exceeding 30 million square meters, with over 50% of contracts from state-owned enterprises and government projects [2] Project Details - The project covers approximately 578,000 square meters, with a total land area of about 30.43 hectares, including office buildings, production facilities, warehouses, and underground parking [4] - The project in Xiong'an New Area has a contract value of approximately 282 million RMB and a total construction area of about 25,600 square meters [7] - The project in Dongguan aims to enhance the power supply capabilities of the Xiamen power grid, focusing on core functions such as storage and testing centers [9] Market Monitoring - The project in Wuxi has a development area of 23,126.25 square meters, with a contract amount of approximately 22.59 million RMB [10] - The Nanjing Liuhe project has a total area of 93,081.31 square meters, with a contract value of 19.4 million RMB [10] Additional Collaborations - Blue and Green Twin Cities signed a cooperation agreement with Zhoucun Urban Construction [11] - Huafa Group is establishing its first light-asset construction project in Wuhan [11] - China Overseas Management visited Jindi Management for benchmarking exchanges [11]