所有区域公司全部撤销！地产巨头招商蛇口最新公告

Core Viewpoint - The article discusses the organizational restructuring of major real estate companies in China, particularly focusing on China Merchants Shekou, which has eliminated all regional companies to streamline management and improve efficiency in response to a challenging market environment [1][4]. Group 1: Organizational Changes - China Merchants Shekou has established an asset management department and has dissolved five regional companies, opting for direct management from headquarters [1][4]. - This move reflects a broader trend among major state-owned enterprises in the real estate sector, with companies like Poly Developments and China Overseas Land & Investment also restructuring their regional operations [4][5]. - The restructuring aims to create a "group-city" two-tier management system, enhancing operational efficiency [4]. Group 2: Market Context - The real estate market in China is under significant pressure, leading to a cautious investment approach among top developers, with many reducing land reserves to low levels [1][7]. - China Merchants Shekou's performance has not shown the advantages typically associated with leading state-owned enterprises, as evidenced by a decline in net profit despite a slight increase in revenue [7][8]. Group 3: Financial Performance - In 2024, China Merchants Shekou reported a revenue of 178.95 billion yuan, a year-on-year increase of 2.25%, but a net profit of 4.04 billion yuan, down 36.09% from the previous year [7][8]. - The company has significantly reduced its land acquisition activities, securing only 26 plots in 2024, which is half of the previous year's total [8][9]. - The focus for future investments will be on core cities, with a strategy to ensure that new land acquisitions yield higher returns [9].