Wongtee International(SZ:000056)2022-12-07 08:56Group 1: Company Overview - The company, Shenzhen International Holdings Limited, has a history of development and is focused on the operation of the Huangting Plaza, which is located in the CBD of Futian District, Shenzhen [1]. - Huangting Plaza targets high-end business professionals and offers a one-stop VIP service, frequently launching various membership activities [1]. Group 2: Business Operations - The revenue model for Huangting Plaza includes three types: fixed rent, fixed rent plus a percentage of sales, and pure percentage of sales [1]. - The mall is currently in a cultivation phase, with plans to enhance revenue through marketing activities and leveraging its central atrium [2]. Group 3: Financial Management - The company plans to raise approximately CNY 1.7 billion through a private placement to repay various loans, which is expected to save over CNY 100 million in annual financial expenses based on the actual loan interest rates [2]. - The company is currently in the process of its private placement, which has been accepted and will be disclosed on the China Securities Regulatory Commission's website [2]. Group 4: Future Development Plans - The company aims to continue operating Huangting Plaza effectively while also exploring new business opportunities to create additional profit growth points [2].