This article is edited and arranged by the latest dynamic platform of Nanchang Jiulong Lake
On April 13th, the signing ceremony of the strategic cooperation between China South City Group and Bank of Shanghai Shenzhen Branch was successfully held in the headquarters building of China South City Group. The leaders of C&D Group of the Special Economic Zone witnessed the ceremony, the president and vice president of the Shenzhen Branch of Bank of Shanghai, and the chairman and executive director of the board of directors and executive directors of China South City Holding Group. Based on the long-term optimism about the development concept and future prospects of China South City Group, Bank of Shanghai Shenzhen Branch will grant a credit of 4 billion yuan to South China City to support South China City to further expand and strengthen the physical industries such as trade and logistics. This is also the first domestic bank and South China City to reach a capital cooperation after the signing of the proposed equity subscription agreement between South China City and Shenzhen Special Economic Zone C&D Group, marking the full opening of the new financing window of South China City.
At the signing ceremony, the president of the Shenzhen branch of the Bank of Shanghai said that through 20 years of development, South China City has completed the layout in eight core cities across the country, the modern integrated commercial and logistics new city model is mature, the future development space is huge, and the Bank of Shanghai will give more support in terms of funds.
In fact, with the investment of state-owned enterprises, through the integration of resources and multi-party cooperation, the long-term development window in South China has officially opened. In terms of funds, after the special zone was invested in the shares, the long-term credit situation of South China City has been comprehensively improved and enhanced, the asset-liability ratio and financing costs have been further reduced, and the optimal management of its own assets has also enabled South China City to have a more flexible cash flow. In terms of profit expectations, in the post-epidemic era, economic recovery and stabilization is a high probability event, and the overall operation of South China City, especially the business related to trade and logistics, will also be improved and bring about an improvement in performance.
At the policy level, the state continues to support the development of the real commercial and trade industry, and through the integration into the national plan to accelerate the construction of a unified large market, South China City is expected to further expand and strengthen the major markets such as professional wholesale, commerce, warehousing and logistics and innovative industries. In terms of business model, South China City actively cooperates with high-quality resources and cooperates with state-owned enterprises such as Shenzhen Energy Group, Pengcheng Zhixiang Technology Company, and Shenzhen Planning Institute to lay out emerging industries and achieve good results. For example, South China City already has two national e-commerce industry demonstration bases. In addition, by making full use of the rooftop buildings of logistics parks with extensive operations in China to carry out photovoltaic power generation business, we will promote the creation of green and low-carbon parks, and it is expected to form a new performance growth pole in the future.
Under the multiple benefits, the market performance of South China City has rebounded significantly. According to publicly traded market data in the past month, the maximum increase in the stock price range of South China City exceeded 50%, far exceeding the increase in hong Kong's Hang Seng Index in the same period. With the landing of more cooperation projects and the opening of domestic financing windows, it is conceivable that In the future, South China City will usher in a greater improvement in valuation and business development.
Source: South China City Group
Edited and arranged by the latest dynamic platform of Nanchang Jiulong Lake