CENTRALCON HOLDING(SZ:000042)2022-12-07 08:48Group 1: Company Overview and Strategy - The company has over 800,000 square meters of real estate under construction in Huizhou, with 400,000 square meters already sold, benefiting from high product quality and brand reputation [2][3] - The company continues to focus on the real estate industry, with sufficient land reserves to support growth for the next few years, and is advancing according to a three-year strategic plan [3] Group 2: Project Updates - The Huangjintai project has no substantial progress yet, but the value compensation principle has been approved by government leaders, and the company is cooperating with authorities for land acquisition [3] - The Sungang project is currently in the earthwork construction phase, with expectations to enter the market for sales by the end of next year or the following year [3] - The company anticipates a saleable value of approximately 15 billion yuan in 2016, with new projects in Shanghai, Chengdu, Huizhou, and Dalian [3] Group 3: Financial Strategies - Funds raised from the company's targeted placement will be used entirely to repay bank loans and improve the company's capital structure [4] - Since 2013, the company has diversified its land acquisition methods, including equity purchases, bidding, and major shareholder asset injections [4] Group 4: Hong Kong Project Insights - The acquisition and development of projects in Hong Kong require significant funding, but the compensation for land prices can be negotiated with the government, and the financing environment is better than in mainland China [4]