T.B Infrastructure(SZ:000965)2023-06-07 03:10Financial Performance - The company's asset-liability ratio at the end of 2022 was 51.76%, indicating a safe and controllable level of debt, which is relatively low in the real estate industry [2] - In Q1 2023, the company achieved a sales agreement amount of approximately 1.3 billion yuan, outperforming the same period in previous years [2] - The sales area of new commercial housing in Tianjin increased by 84.5% year-on-year, with sales revenue growing by 97.8% [2] Market Position and Strategy - The company has established a strong market reputation in Tianjin's Binhai New Area, with its "Tianbao Jiurupin" project leading the way in "future community" construction [2] - The company is focusing on enhancing product quality and expanding its dual business strategy of "future community + themed industrial parks" [3] - The company has successfully developed a biopharmaceutical industrial park, which has received various awards and funding, and is in the process of applying for national-level incubator status [3] Industry Outlook - The real estate sector is considered a pillar of China's economy, playing a crucial role in driving investment and consumption [3] - Following a period of adjustment, the industry is expected to stabilize and grow due to improved market sentiment and policy relaxation since November 2022 [3] - Urbanization and the demand for improved housing conditions are anticipated to support the sustainable development of the real estate industry in the near future [3]