Nanshan Holdings(SZ:002314)2022-12-06 02:54Group 1: Company Overview and Activities - The company is Shenzhen New Nanshan Holdings (Group) Co., Ltd., with stock code 002314 and abbreviation Nanshan Holdings [1] - The investor relations activity took place on April 24, 2017, at the Shenzhen Excellence Houhai Center [2] - The meeting involved representatives from Zhongtai Securities and Bosera Fund [2] Group 2: Business Operations and Strategies - The company is currently in a complex approval process for a major asset restructuring involving B shares, leading to a temporary halt in the review application [3] - The logistics real estate sector in China has a significant demand gap, with 500 million square meters of warehouses, most of which are not modern [3] - The company operates primarily modern warehouses, with confidence in future growth over the next 3-5 years [3] Group 3: Land Acquisition and Market Position - The logistics real estate layout focuses on the Yangtze River and coastal cities, entering approximately 30 cities [4] - Land acquisition is primarily through bidding, with a gradual shift towards secondary market acquisitions via strategic partnerships and equity purchases [4] Group 4: Core Competencies and Future Planning - Key barriers to entry in the logistics real estate industry include site selection capabilities and operational management, which are strengths of the company [4] - The company aims for reasonable growth in real estate and logistics as its main business, with a long-term strategic focus on warehousing logistics [4] - The net profit for 2017 is expected to be high due to the completion of the smaller-scale Shanyu Sea project, which will be recognized in 2017 [4] Group 5: Financial Performance and Projections - The net profit attributable to the parent company for 2016-2018 is projected at -4272, 80136, and 7054 million yuan, respectively [4] - The company anticipates turning a profit in the integrated housing business in 2017, following previous adjustments [5]