本期关注 双方将围绕代建管理、全周期咨询服务及多业态领域管理，构建长期、全面、深度的合作关系，携手探索共赢新路径。双方代表共同签署协议，标志着交建公司与绿城 项目获取 青山滨江核心板块，计容建筑面积约6.38万㎡，用地面积2.27万㎡，容积率2.81，规划建筑高度不超过100米。该项目为金地首次在武汉获取的滨江代建项目。 万平方米。该项目是继赣深高铁东莞南站拆迁安置房代建服务后，深圳地区公司在东莞落地的第二个安置房代建服务项目。 用地面积91220平方米，建筑面积316199平方米，产品类型为高层住宅。业主方为泰兴市广源房地产开发有限公司。目前该项目由泰兴法院指定管理人接管，为泰兴市重点 企业 绍兴交建公司与绿城管理签订战略合作协议 金建管集团与中建国际城市建设有限公司签署战略合作协议 项目 金地深圳地区公司成功中标东莞市大朗镇拆迁安置房项目 凤凰智拓成功签约宁德华熙公馆全过程委托管理服务项目 金地管理温州未来峯汇首开创龙港市近三年最佳开盘纪录 新城建管代建沧州云溪映月首开劲销1.67亿 企业动态 产业导入、代建业务等方面，探索创新模式，推动高质量发展。 目的业主方为实力国企——宁德臻宸房地产开发有限公司，开 ...

Group 1 - Southbound funds reduced their holdings in Greentown Management Holdings (09979.HK) by 1.697 million shares on November 17, 2025, marking a decrease of 0.61% [1][2] - Over the past five trading days, there has been a cumulative net reduction of 3.592 million shares, with southbound funds reducing their holdings for five consecutive days [1][2] - In the last 20 trading days, southbound funds have reduced their holdings on 13 days, resulting in a total net reduction of 3.707 million shares [1][2] Group 2 - As of November 17, 2025, southbound funds hold 27.8 million shares of Greentown Management Holdings, which represents 13.88% of the company's total issued ordinary shares [1][2] - Greentown Management Holdings primarily provides construction management services through three departments: commercial construction management, government construction management, and other services including project management and consulting [2]

Group 1 - Southbound funds reduced their holdings in Greentown Management Holdings (09979.HK) by 353,000 shares on November 14 [1] - Over the past five trading days, there have been five days of net reductions, totaling 2.67 million shares [1] - In the last 20 trading days, there were 12 days of net reductions, amounting to 1.30 million shares [1] Group 2 - As of now, southbound funds hold 280 million shares of Greentown Management Holdings, representing 13.97% of the company's total issued ordinary shares [1] - The company primarily provides construction management services through three departments: commercial construction management, government construction management, and other services [2] - The commercial construction management department focuses on providing property development management services to project owners [2]

Group 1 - The core point of the article highlights that southbound funds have reduced their holdings in Greentown Management Holdings (09979.HK) by 487,000 shares on November 12, 2025, marking a trend of net reductions over the past trading days [1] - Over the last five trading days, southbound funds have reduced their holdings for four days, with a total net reduction of 2,229,000 shares [1] - In the last twenty trading days, there were ten days of net increases in holdings, totaling 639,000 shares [1] Group 2 - As of now, southbound funds hold 280 million shares of Greentown Management Holdings, accounting for 14.01% of the company's total issued ordinary shares [1] - The company primarily provides construction management services through three departments: commercial construction management, government construction management, and other project management services [2] - Greentown Management Holdings operates mainly in the domestic market of China [2]

Core Insights - Southbound funds increased their holdings in Greentown Management Holdings (09979.HK) by 18,000 shares on November 6, 2025, marking a slight increase of 0.01% [1] - Over the past 5 trading days, there were 2 days of net reductions totaling 95,000 shares, while in the last 20 trading days, there were 12 days of net increases totaling 3.889 million shares [1] - As of now, southbound funds hold 283 million shares of Greentown Management Holdings, accounting for 14.12% of the company's total issued ordinary shares [1] Company Overview - Greentown Management Holdings Limited primarily provides construction management services through three departments: commercial construction management, government construction management, and other services [2] - The commercial construction management department focuses on providing property development management services to project owners [2] - The government construction management department is involved in property development management services for government-related housing and public infrastructure projects [2] - The other services department offers project management, architectural design, and consulting services for various government projects [2] - The company mainly operates in the domestic market of China [2]

Core Viewpoint - Greentown Management is actively engaging with investors to showcase its capabilities in revitalizing troubled projects, particularly highlighted by the Wuhan Guihu Cloud Cuit project, amidst a challenging environment in the construction industry marked by increased competition and declining management fees [1][3]. Group 1: Company Performance and Market Position - Greentown Management achieved a new contract signing area of 27.9 million square meters and a contract sales amount of 70.6 billion yuan in the first three quarters, leading the industry in both metrics [3][5]. - The company has repurchased 10 million shares since August 29, with a total expenditure of approximately 30.67 million Hong Kong dollars, reflecting confidence in its own value and enhancing earnings per share by reducing the number of shares in circulation [3][5]. - Greentown Management has maintained a market share of over 20% for nine consecutive years, indicating strong brand recognition and customer trust in its performance and product quality [5][7]. Group 2: Competitive Advantages - The company operates in 132 major cities across 30 provinces, ensuring risk diversification and revenue certainty, which is crucial during periods of market instability [7]. - Greentown Management's brand trust is exemplified by its selection as the contractor for the Wuhan Guihu Cloud Cuit project, demonstrating its ability to meet the core needs of revitalizing distressed properties [8][9]. - The company has established a three-dimensional business matrix encompassing government, commercial, and financial construction, which enhances its resilience against market fluctuations [11][12]. Group 3: Efficiency and Operational Strategy - Greentown Management has developed a "Seven Dragon Pearl" capability system to enhance efficiency across various operational dimensions, addressing the challenges posed by declining management fees [15][16]. - The company reported a 45% year-on-year increase in operating cash flow for the first half of 2025, attributed to systematic control measures and digital transformation efforts [18]. - The successful execution of the Wuhan Guihu Cloud Cuit project serves as a case study for the company's operational efficiency, showcasing its ability to reduce costs while enhancing project value [16][18]. Group 4: Industry Impact and Future Outlook - Greentown Management has received over 30 industry top honors and has published the first comprehensive evaluation standard for construction companies, contributing to the establishment of quality benchmarks in the industry [20][22]. - The company's approach of combining scale, diversity, and efficiency is setting a new standard for high-quality development in the construction industry, reflecting a long-term commitment to excellence [22].

Group 1 - The core point of the news is that southbound funds have reduced their holdings in Greentown Management Holdings (09979.HK) by 305,000 shares on October 24, 2025, while there have been net increases in holdings on 3 out of the last 5 trading days, totaling 1,618,000 shares [1] - Over the past 20 trading days, southbound funds have increased their holdings on 15 days, with a total net increase of 10,571,000 shares [1] - As of now, southbound funds hold 283 million shares of Greentown Management Holdings, accounting for 14.08% of the company's total issued ordinary shares [1] Group 2 - The total number of shares held by southbound funds on October 24, 2025, is 283 million, reflecting a decrease of 305,000 shares, which is a change of -0.11% [2] - The shareholding changes over the last few trading days include a decrease of 649,000 shares on October 23, a net increase of 288,000 shares on October 22, an increase of 1,598,000 shares on October 21, and an increase of 686,000 shares on October 20 [2] - Greentown Management Holdings Limited primarily provides construction management services through three departments: commercial construction management, government construction management, and other project management services [2]

Group 1 - Southbound funds increased their holdings in Greentown Management Holdings (09979.HK) by 1.598 million shares on October 21, 2025 [1] - Over the past five trading days, there have been five days of net increases in holdings, totaling 4.038 million shares [1] - In the last 20 trading days, there were 17 days of net increases, amounting to 13.575 million shares [1] Group 2 - As of now, southbound funds hold 284 million shares of Greentown Management Holdings, representing 14.11% of the company's total issued ordinary shares [1] - The company primarily provides construction management services through three departments: commercial construction management, government construction management, and other services [2] - The commercial construction management department focuses on providing property development management services to project owners, while the government construction management department deals with public infrastructure projects [2]

Core Viewpoint - Southbound funds have increased their holdings in Greentown Management Holdings (09979.HK) significantly, indicating growing investor interest in the company [1] Group 1: Shareholding Changes - On October 17, 2025, southbound funds increased their holdings by 709,000 shares, representing a 0.25% change [2] - Over the past 5 trading days, there have been 5 days of net increases, totaling 3.265 million shares [1][2] - In the last 20 trading days, there were 17 days of net increases, amounting to 15.677 million shares [1] Group 2: Current Shareholding Status - As of now, southbound funds hold a total of 282 million shares in Greentown Management Holdings, which accounts for 14.0% of the company's issued ordinary shares [1][2] Group 3: Company Overview - Greentown Management Holdings primarily provides construction management services through three departments: commercial construction management, government construction management, and other project management services [2] - The company mainly operates in the domestic market of China [2]

Core Insights - The report by CRIC indicates a significant growth in the scale of construction projects undertaken by top real estate companies in China, with a year-on-year increase of 31% in newly signed construction areas for the top 20 companies in the first three quarters of 2025, totaling 15,771 million square meters [1][2]. Group 1: Market Trends - The top five construction companies accounted for 49% of the newly signed construction area, indicating a high concentration in the industry, with the top 1-5 companies maintaining their dominant market share [2]. - There is a notable internal differentiation among the top 20 companies, with six companies exceeding 10 million square meters in new construction area, while 11 companies fell within the range of 3-8 million square meters [1][2]. Group 2: Company Performance - Green City Management led the ranking with a new construction area of 2,785 million square meters, followed by Xuhui Construction Management and Run Di Management with 1,301 million and 1,290 million square meters, respectively [15]. - More than half of the construction companies reported a year-on-year increase in new construction area, with significant growth observed in the top 10 companies, particularly Run Di Management and Longhu Longzhizao, which saw increases exceeding 80% [4]. Group 3: Brand Development - Leading companies such as Green City Management and Xuhui Construction Management have been actively enhancing their brand visibility through various channels, including traditional media and social platforms, to strengthen their market presence [6][7]. - The industry has shifted from price competition to value competition, with companies focusing on comprehensive strength and differentiated development, marking a maturation and standardization of the industry [7]. Group 4: Industry Standards - The first systematic "Comprehensive Capability Evaluation Standard for Construction Companies" was published, marking a significant step towards the standardization and systematization of the industry [7]. - Jin Di Management released an upgraded version of its "Client Service White Paper," which includes new chapters on compliance management and service assurance, aimed at helping clients quickly understand the value points of various professional sectors [7]. Group 5: Marketing Initiatives - Seasonal marketing campaigns have become a focal point for construction companies to enhance brand awareness and drive sales, exemplified by Green City Management's 20th-anniversary celebration event, which attracted over 130,000 viewers [9][10]. - The "Golden 9 Cloud Harvest Plan" by Tengyun Zhike achieved over 100% performance during the holiday period, showcasing the effectiveness of targeted marketing strategies [10].