每周精读 | 金科重整计划裁定通过；现房销售将加速落地（5.10-5.16）

Core Viewpoints - The article discusses the evolving landscape of the Chinese real estate market, highlighting the shift towards a new normal of selling existing homes and the need for improved supporting systems [4][5]. Group 1: Market Trends - The existing home sales model is expected to become a new norm in China's commodity housing sales, indicating a significant shift in the real estate industry [4]. - In April, the market saw a year-on-year increase in sales rates due to new regulations, with May anticipated to continue a weak recovery trend as developers focus on quality over quantity [5]. - The scale of special bond storage has approached 400 billion, with a plan to recover 6,565 hectares of residential land, aiming to accelerate inventory reduction in the housing market by 54% by 2025 [6]. Group 2: Land and Development - The land acquisition by city investment companies is characterized by fewer transactions and a focus on specific areas, with opportunities for government construction projects in first-tier cities [7]. - The land supply and demand scale has decreased week-on-week, with significant land sales in Shanghai and Xi'an, where high-priced residential land has been sold at a premium [13]. Group 3: Corporate Actions - The restructuring plan for Jinke has been approved, indicating a rapid acceleration in debt restructuring among real estate companies [8]. - Companies are adopting cautious investment strategies and restructuring their management frameworks to enhance efficiency and focus on inventory reduction [10]. Group 4: Industry Standards - The approval of the "Comprehensive Capability Evaluation Standard for Construction Enterprises" marks a significant step towards the standardization and normalization of construction enterprises in the industry [14]. Group 5: Recognition and Reports - The release of the annual customer research report by China Jinmao and the recognition of outstanding projects based on innovation and design highlight the ongoing efforts to enhance brand value and project quality in the real estate sector [15][17].