Nanshan Holdings(SZ:002314)2022-12-05 02:34Group 1: Asset Securitization and REITs - The company is transitioning from a heavy asset model to a mixed asset model, actively promoting various asset securitization tools, including CMBS and asset-backed securities [2][3] - The issuance scale of REITs is determined by the underlying asset's assessed value, with no specific scale limit [3] - The expected return on underlying assets for the securitization project is aligned with investor expectations, with public REITs typically distributing 90% of profits [3] Group 2: Investment and Development Strategy - The funds obtained from asset securitization will be used for new project development, ensuring a certain scale of growth [3] - The company maintains a strong competitive advantage in land acquisition due to years of experience in the warehousing and logistics industry [3][4] - The company is focused on enhancing park management and operational capabilities to increase revenue [4] Group 3: Value-Added Services - The company offers a range of value-added services, including supply chain enhancements, urban distribution, and integrated logistics services to reduce operational costs for clients [4] - The cloud warehouse business aims to optimize e-commerce supply chain solutions, utilizing advanced logistics information systems [4] Group 4: Real Estate Business - The company is developing high-quality residential communities, focusing on reasonable self-occupancy demand, with a diverse range of residential products [5] - The real estate business remains the primary source of profit for the company, with ongoing development in key urban areas [5]