11月9日，上海杨浦滨江明华糖仓迎来了一场关于未来生活方式的深度对话。外滩道以"会客百年新岸·迭新摩登未来"为主题，聚焦城市更新背景 下滨水生活方式的多元价值重构。中信泰富地产正式发布"WELLNESS好房子体系"，以"幸福感"为核心理念，通过四大价值维度和十二大场景落 地，为上海"一江一河"战略下的滨水人居提供创新范本。 此次发布会不仅是对产品价值的深度阐释，更以艺术、人文与自然为触点，通过品牌解读与理念分享、产品发布的多维对话，为上海"一江一 河"战略下的滨水生活，给出中信泰富地产的答案。 在产品发布仪式上，中信泰富（中国）投资有限公司副总裁鲍三中、中信泰富（中国）投资有限公司设计总监周才贵、中信泰富（中国）投资有 限公司营销策划部总经理马良、上海锦富滨贸置业有限公司常务副总经理石涵、上海锦富滨贸置业有限公司副总经理陈宇共同启动产品发布，标 志着这一创新体系正式面向市场。 "WELLNESS好房子体系"不仅代表着建筑品质的升级，更是一种对生活本真的回归与超越。它意味着会以更加安全的居住环境、更加舒适的空间 体验、更加绿色的生态理念以及更加智慧的科技赋能，回应新时代家庭对健康、互动、成长与陪伴的深层需求，成 ...

Investment Rating - The report assigns a "Buy" rating to the company, with a target price based on its current performance and future projections [7]. Core Insights - The company has turned a profit with a significant increase in revenue and net profit, driven by the completion and delivery of real estate projects [4][5]. - The company has a rich pipeline of resources awaiting settlement, indicating strong future revenue potential [5]. - The operational segment is diversifying its brand offerings, leading to stable growth in rental income [6]. Summary by Sections Financial Performance - For the first three quarters of 2025, the company reported revenue of 95.15 billion, a year-on-year increase of 938.80%, and a net profit of 2.87 billion, up 232.59% from a loss of 2.16 billion in the same period last year [3][4]. - The gross margin for the first three quarters was 17.14%, and the net margin was 2.82% [4]. Project Development - The company achieved a total new construction area of 191,900 square meters, a 95.12% increase year-on-year, and a new start area of 139,200 square meters, up 34.25% [4]. - Sales area for the first three quarters was 36,900 square meters, with a sales revenue of 4.46 billion, reflecting a 54% decrease year-on-year [5]. Rental Operations - The company has a rental portfolio of approximately 579,800 square meters, with 385,800 square meters already leased, generating rental cash inflow of 279 million, a 33.94% increase year-on-year [6]. Future Projections - The company forecasts net profits of 5.43 billion, 8.65 billion, and 10.57 billion for 2025, 2026, and 2027 respectively, with corresponding PE ratios of 22.05X, 13.84X, and 11.32X [7][9].

Group 1: Business Operations - Property management is one of the few growth segments for the company, covering residential, commercial office buildings, exhibition venues, and land management [2] - The Shihuang Tunnel toll operating rights, part of the 2005 equity division reform, generates over 5,000 million yuan annually and will expire in 2026, impacting revenue [3] - The Jiangbeizui project, acquired in 2023, is currently not under construction; future plans will depend on project positioning, market conditions, and relevant policies [3] Group 2: Financial Performance - The company's revenue for the first half of 2025 was approximately 140 million yuan, while operating profit was around 240 million yuan, which is atypical [3] - The transfer of 1% equity in Chongqing Langfu Real Estate Co., Ltd. resulted in a recognized investment income of about 240 million yuan, directly affecting the company's financial data [3] Group 3: Strategic Directions - The company aims to enhance market-oriented operations, explore asset revitalization, and deepen state-owned enterprise reforms to improve competitiveness [3] - The company has not yet participated in the ongoing urban village renovation projects in Chongqing, which includes 163 such projects [3]

经济日报记者 梁睿 李思隐 暮色降临，焕然一新的安徽省芜湖市中山路步行街灯火渐次点亮。平整的道路两侧，传统老字号与 现代化百货大楼隔街对望，时尚的新式茶饮空间点缀其间；街道中段，在与大镜湖交界处，新落成的不 锈钢雕塑《时光之环》倏然亮起，环状智能屏上光影流转，与伫立多年的世纪花钟遥相呼应；市民悠然 漫步，身影交错，勾勒出一幅动静相宜的城市画卷。 这华灯下的生动图景，映照出一座沿江工业城市的转型之路，更折射出其在城市更新与发展融合中 的深层探索。当前，芜湖以提升城市品质、功能、魅力为支点，打造高品质的人居与休闲空间，增强市 民的归属感与幸福感。吸引远方的人才，留住本地的青年，这条"以人为本"的城市焕新之路，正悄然重 塑当地经济发展新优势。 转变发展理念 "过去一个时期，芜湖经历了快速的城镇化进程，城市面貌发生了巨大变化，发展成效非常显 著。"芜湖市住房和城乡建设局副局长郭邵诚表示，但随着城市发展从大规模增量扩张阶段转向以存量 提质增效为主的新阶段，"归大堆""摊大饼"的粗放式发展已经难以满足市民对美好城市生活的期待，推 动城市发展方式转型，成为关乎未来发展的关键所在。 近年来，芜湖积极践行人民城市理念，以推进城 ...

中新网沈阳11月12日电 (玄一君 张艺腾)在辽宁省沈阳市和平区的核心地带，八经街以咖啡为媒介，串 联起百年城市记忆与现代生活气息。这条承载着工业文明与市井烟火的街区，通过功能重构、体验升级 与生态营造，实现了从"物理更新"到"激活升级"的深度蜕变，成为充满生命力的城市公共空间。 中国咖啡行业相关协会分析指出，咖啡业态"小而美"特质适配老街区空间，集群化布局快速聚集人 气，"咖啡+历史建筑""咖啡+休闲社交"的融合模式，打破传统老街业态单一局限，吸引年轻客群带动周 边产业，实现历史记忆与现代生活的无缝衔接，完成从"沉寂"到"爆红"的质变。 穆继多公馆旧址。张艺腾 摄 协同赋能焕活 古今相融共生 八经街有多座民国建筑及汇丰银行奉天支行旧址等历史遗存，构成街区独特历史基底。改造中遵循"修 旧如旧"原则，未对这些城市变迁见证者进行大规模拆改。 目前，多家咖啡门店入驻建筑群落，公馆雕花窗棂与咖啡店落地玻璃相映，银行旧址欧式廊柱旁设有街 头咖啡摊，现代商业元素与老建筑肌理和谐共生。历史建筑为咖啡业态提供差异化场景，咖啡门店则为 老建筑聚拢人流，让沉寂地标重获关注。 十一纬路116巷"巨型咖啡杯"。张艺腾 摄 咖香聚力兴 ...

Core Viewpoint - The Ministry of Housing and Urban-Rural Development is accelerating special investigations of historical and cultural resources in urban and rural areas to establish protection baselines for urban renewal, with a deadline for completion set for February next year [1] Group 1: Investigation Scope - The investigation focuses on urban districts and county areas, particularly historical urban areas, old towns, and regions established before 1911, as well as areas reflecting modern history from 1911 to 1949, achievements of New China from 1949 to 1978, and areas showcasing the accomplishments of the reform and opening-up since 1978 [1][1][1] Group 2: Timeline and Reporting - By February next year, local departments are required to complete the results review at the city level, and by June, the Ministry will compile and analyze the national investigation results to produce a summary report [1][1][1]

Core Insights - Wuhu is undergoing a transformation from a traditional industrial city to a modern urban space, focusing on enhancing urban quality, functionality, and attractiveness to improve residents' sense of belonging and happiness [1][2] Urban Development Strategy - Wuhu has shifted from extensive urban expansion to a new phase emphasizing quality improvement of existing urban spaces, addressing citizens' expectations for a better urban life [2] - The city is implementing a "people-oriented" approach to urban renewal, integrating design, entertainment, and cultural significance into urban planning and governance [2][3] Cultural and Tourism Integration - The recent God Mountain Music Festival showcased Wuhu's urban charm and revitalized the God Mountain Park, which has been transformed into a modern urban landmark [4][5] - Wuhu is leveraging urban renewal projects to enhance cultural tourism, creating engaging experiences that connect residents and visitors to the city's vibrant culture [6][7] Infrastructure and Community Development - Over the past five years, Wuhu has renovated 691 old residential communities and established various community facilities, enhancing the quality of life for residents [7] - The city is focusing on historical building revitalization and integrating new developments with existing cultural landscapes to create a cohesive urban environment [7][8] Economic and Industrial Growth - Wuhu is promoting industrial upgrades and spatial re-utilization, exemplified by the establishment of the Chery Global R&D Center, which aims to attract talent and foster innovation [7][8] - The city is developing the "Jiuzi Innovation Bay" and other strategic projects to enhance the integration of industry and urban living, focusing on emerging sectors like digital economy and smart vehicles [9][10]

作为连云港市重点民生工程，海州区沈圩片区城市更新项目，目前已进入收官阶段。这项惠及四千余户居民的民生工程，让片区的"里子"更坚实，"面 子"更靓丽。 "以前一下雨，到处都是水，雨水、污水往外冒，走路都不方便。"已在沈圩片区居住30多年的居民耿兴顺感慨道，"今年改造之后，雨水和污水分开走， 路面再也没有积水了。今年秋天雨那么多，出行也没受影响，路也宽了近一半，大家都很满意。" 此外，沈圩路拓宽、夏弦路新建及7条主要巷道"白改黑"工程已全部通车，构建起高铁片区方便快捷的畅通路网。从"旧貌"换"新颜"，沈圩片区的美丽蝶 变，成为我市扎实推进城市更新、持续增进民生福祉的生动缩影。这片老城区正以崭新的面貌，稳稳托起百姓的幸福生活。 通讯员唐梦玲刘静邵沛源李倩倩扬子晚报/紫牛新闻记者张凌飞 沈圩片区城市更新范围总面积约1.17平方公里，更新范围涵盖新浦大道、蔷薇河、大浦河与陇海铁路围合区域。项目主要建设内容包括铁路沿线环境综合 整治、北广场东片区地下市政设施及配套工程等。该工程建成后将有效解决沈圩片区雨污分流问题，增强片区的防涝能力，优化交通网络，提升片区基础 设施水平，全面提升群众生活品质与居住环境。 校对陶善工 据泓 ...

Core Insights - The article highlights the urban renewal and quality upgrade initiatives in Hongkou District, Shanghai, showcasing the integration of culture, commerce, and community living through projects like Ruihong Xintiandi and Jinchao 8 Alley [1][2][34]. Group 1: Ruihong Xintiandi Development - Ruihong Xintiandi has evolved into a large urban complex that integrates residential, commercial, and office spaces, reflecting a shift towards a community-centric development model [5][8]. - The project aims to create a sustainable community by focusing on four dimensions: functional diversity, cultural vitality, innovation, and natural environment [5][12]. - The "New Xintiandi" brand strategy was launched in September 2025, marking a transition from a single commercial project to a regional community center [5][8]. Group 2: Community Engagement and Nightlife - The Moon Bay project, set to launch in September 2024, will focus on a "new night entertainment" theme, offering a blend of culture, entertainment, and social activities [9][12]. - The initiative includes a "deep night" model where nearly 30 merchants will operate until 2 AM, enhancing nighttime foot traffic and community engagement [12][13]. - A community alliance has been established to foster a sense of belonging among diverse groups, including families, pets, and professionals [12][13]. Group 3: Jinchao 8 Alley Cultural Integration - Jinchao 8 Alley aims to merge historical culture with modern entertainment, creating a vibrant urban space that reflects Shanghai's cultural heritage [14][18]. - The project features a scenic walkway and preserved historical buildings, providing a unique experience for visitors [18][23]. - Upcoming exhibitions, such as the "Cloud Sea Viewing" showcasing Yungang Grottoes art, will attract both local and international audiences, converting cultural interest into consumer traffic [28][33]. Group 4: Economic Impact and Future Outlook - The integration of cultural, commercial, and tourism elements in Hongkou District is seen as a driving force for high-quality urban development [33][34]. - The district's initiatives are expected to contribute significantly to Shanghai's goal of becoming an international consumption center, enhancing its economic vitality [33][34].

Core Viewpoint - The article emphasizes the increased focus on urban renewal, particularly the renovation of old residential communities, as part of China's "14th Five-Year Plan" and the upcoming "15th Five-Year Plan" [2][41]. Group 1: Urban Renewal Strategy - The "15th Five-Year Plan" explicitly calls for vigorous implementation of urban renewal, enhancing the efforts compared to the "14th Five-Year Plan" [2]. - Renovation of old residential communities is a key task within urban renewal, directly impacting residents' quality of life [2][6]. Group 2: Case Study of Chaoyang District - The Chaoyang District's Guanzhuang Dongli community, with buildings dating back to the 1950s, faces significant renovation challenges due to poor living conditions and outdated infrastructure [4][6]. - The community has been identified for renovation, reflecting a broader trend where old communities are increasingly included in urban renewal plans [6][41]. Group 3: Financial Support and Goals - The central government has allocated over 1.5 trillion yuan (approximately 150 billion) to support the renovation of old residential communities during the "14th Five-Year Plan" [11]. - Specific goals have been set for the renovation of large-roofed buildings in Beijing, aiming for completion by 2026 [11][41]. Group 4: Innovative Technologies in Renovation - New technologies, such as high-strength steel structures, are being employed to replace deteriorating wooden roofs, significantly reducing construction time from two months to about 20 days [16][18]. - The use of prefabricated components and modular construction methods is enhancing efficiency and minimizing disruption to residents during renovations [20][22]. Group 5: Enhancing Resident Experience - Renovation projects are incorporating features that cater to the needs of elderly residents, such as safety handrails and emergency call buttons [34][37]. - The approach includes providing a range of renovation options to residents, allowing for customization based on individual needs [35][37]. Group 6: Future Prospects - The ongoing urban renewal efforts are expected to accelerate, with more challenging projects likely to be included in future renovation lists [41]. - The focus will also be on improving energy efficiency, accessibility for the elderly, and enhancing public facilities in old communities [43].