On the morning of April 2, Junfa Group, together with Oriental Assets, Greentown Management Holding Group and CCCC First Public Bureau Group, successfully held the Junfa Caiyun City A6 plot project cooperation kick-off meeting. At the meeting, it was announced that Junfa Group and Oriental Asset Debt Solidification were successfully implemented, and jointly promoted the new start of the A6 plot of Caiyun City, which was a specific practice of Junfa and Oriental Asset Debt Solidification, and also became another milestone on the road of Junfa Debt.
The scene of the press conference
For Junfa, after the debt solidification is landed, it means that part of the debt repayment pressure will be alleviated in the coming period. The core goal of "debt reduction, guaranteed delivery, and existing house sales" will be further deepened. At the event site, witnessed by the heads of various units and the media at all levels of the central government in Yunnan, Yunnan Province and city, the project was officially launched, and the construction and post-management started to accelerate the mode, continuing to convey confidence to the market and society.
The scene of the press conference
The big coffee of the central enterprise "joined" the A6 plot of Caiyun City was fully restarted
In this debt plan with Oriental Assets, the A6 plot of Caiyun City played an important role. As we all know, in August 2022, the project of Junfa Caiyun City A6 entered a state of suspension due to the market downturn. Now, with the smooth implementation of the debt restructuring of the project, with the joint efforts of China Orient Asset Shanghai Branch, Greentown Construction Management Group and CCCC First Public Bureau Group, the project has been officially resumed and reborn.
The scene of the press conference
Xu Pengjuan, assistant president of Junfa Group, said at the kick-off meeting that in this project cooperation, Oriental Asset will provide sufficient financial guarantee for the development and construction of the A6 plot of Caiyun City. In addition, the construction funds will be jointly supervised by multiple parties to ensure that the investment funds are effectively invested in the resumption of work and production of the project, and the smooth delivery of the project can be guaranteed in an all-round way. At the same time, the project introduced Greentown Construction Management Group, a state-owned enterprise, as the project operation and management party, and carried out follow-up operation, operation and supervision of the project until completion and delivery.
Xu Pengjuan, Assistant President of Junfa Group, delivered a speech (photo)
These two enterprises involved in the operation and construction not only have the background of central enterprises, but also have made great achievements in the real estate construction industry. Greentown is a pioneer and leader in China's asset-light development model, and has been precipitating in the asset-light construction industry for many years and has become a benchmark in the industry. Focusing on the two core businesses of "big transportation and big city", CCCC No. 1 Public Bureau has built a good innovation ecology, formed a grid industry potential, and also demonstrated excellent construction strength and rich experience.
At the press conference, Gui Bing, deputy general manager of Greentown Management Holding Southwest Regional Company, said: "With the financial support of Oriental Assets, Greentown Management and CCCC Construction have resumed work and production despite all difficulties with the cooperation of the government and Junfa, and Greentown Management Group will provide a full range of management services for the project based on the present, and at the same time, through the repositioning of the product and the upgrading of the project in combination with the experience of the Greentown system, the project will be launched to the market with a better appearance in the future." ”
Gui Bing, deputy general manager of Greentown Management Holding Southwest Regional Company, delivered a speech
"CCCC First Public Bureau Group will set up the most powerful management team, do a good job of overall coordination, strictly follow the construction specifications, process flow, quality system standards for construction, scientific, effective and reasonable layout of the construction site, and steadily promote the construction progress of the project. Wang Junchuan, general manager of the Yunnan regional headquarters of CCCC First Public Bureau Group Co., Ltd., said at the kick-off meeting.
Wang Junchuan, general manager of the Yunnan regional headquarters of CCCC First Public Bureau Group Co., Ltd., delivered a speech
The successful launch of this project is the result of the joint efforts of the four parties, sincere cooperation, mutual benefit and win-win results, and all parties will give full play to their respective professional advantages, financial advantages and resource advantages, comprehensively revitalize high-quality assets, and ensure the follow-up construction and quality delivery of the project in an all-round way. At the same time, it also helps enterprises to resolve debt risks, alleviate debt pressure, actively carry out the road of self-help, boost market confidence, and provide new options and new ideas for the industry market to solve problems.
The scene of the press conference
Continue to resolve debts Junfa Group has been working hard
In the past six months, Junfa has actively promoted debt restructuring and has been refreshing the progress bar of debt reduction. The full implementation of this debt has added a strong touch to the history of Junfa Chemical Debt, and it is also another successful case of successful debt restructuring and solidification since Junfa Group's Junyunfeng A3 project and Hainan project in 2023, and the project revitalization to ensure the delivery of the building. At present, Junfa has many projects that are actively being negotiated and steadily progressed with the central enterprise investors, brand operators and construction parties, and it is believed that there will be more good news to all walks of life and owners in the future.