Binjiang Group(002244)2025-01-17 01:20Group 1: Sales Performance - In 2024, the company achieved sales exceeding 110 billion yuan, ranking 9th in the national TOP10 real estate companies, an increase of 2 positions from 2023, and the only private enterprise in the top ten [2] - The total cash inflow from equity in 2024 is approximately 48 billion yuan [2] Group 2: Land Acquisition - The company acquired a total of 23 plots of land in 2024, with 22 located in Hangzhou and 1 in Nanjing, maintaining its leading position in Hangzhou [2] Group 3: Debt and Financing - As of the end of 2024, the company's equity-bearing debt was 30.5 billion yuan, a decrease of 5.5 billion yuan from the beginning of the year [3] - The average financing cost decreased to 3.4% by the end of 2024, down from 4.9% at the end of 2021 [3] - In 2024, the company issued 10 direct financing instruments, including 3.6 billion yuan in short-term financing bonds and 2.4 billion yuan in medium-term notes, with a total direct financing balance of 6 billion yuan at the end of 2024, a decrease of nearly 2 billion yuan from the end of 2023 [3] Group 4: Future Plans - For 2025, the company aims to maintain sales around 100 billion yuan and stay within the top 15 nationally, with sales accounting for over 1% of the national total [3] - The company plans to reduce equity-bearing debt to below 30 billion yuan and continue lowering financing costs to ensure a rate of 3.3%, striving for 3.2% [3] - The company intends to enhance operational management capabilities and product quality [3]