Jiakai City revenue soared 300% 285 million win Baden City

As a real estate new deal after the first disclosure of the Half-year report of real Estate Enterprises, Jiakai City (000918) again aroused concern in the industry. Semi-annual reports show that the first half of 2010, Jiakai City to achieve the main business income of 3.532 billion yuan, year-on-year growth of 303.66%.　　Among them, the real estate sales income 2.71 billion yuan. "For the country's recent series of policy regulation, we believe that the fundamental aim is not to suppress, is to further standardize the market, so that the real estate market further healthy development." "Jiakai City Group president Binghua only said that in the long run, the real estate market will be in policy regulation and government guidance will be gradually regulated."　　In the new market environment, the standardized operation of enterprises will be as a dominant enterprise and get more opportunities.　　Semi-annual reports show that the first half of 2010 the company to achieve the main business income of 3.532 billion yuan, to achieve a total profit of 779 million yuan, to achieve ownership of the parent company's shareholders net profit of 453 million yuan. On the other hand, in the first half of the year, Jiakai City made full use of the real estate market downturn, the advantage of low land acquisition cost, active project expansion, the company's land reserve structure for further optimization. At the end of May and late June, the company acquired the Shanghai Xuhui District and Hainan China Airlines project plots by means of equity acquisition. At present, several projects are in the business negotiation stage.　　In the semi-annual report of July 22, the company announced to 285 million Yuan won the Hubei province, Wuhan City of Baden project. "The reason for the current nationwide strategy of land-taking, in addition to ensure that the listed housing enterprises must optimize the land structure, increase the diversity of land reserves, but also to a certain extent, the formation of short-term, medium and long-term cooperation, in ensuring that the short-term return of continuous injection of product development, but also to ensure the steady and sustainable development of the company.　　Binghua only said that the recent series of initiatives in the land market, more focused on the future, is the company "deep into the Yangtze River Delta, the development of the whole of China" strategic arrangements. From the disclosure of the notice, Jiakai City recently respectively with the Guangdong Hengfeng Investment Group Co., Ltd. and Shenzhen Hengfeng Sea Hyatt International Hotel Co., Ltd. signed the "Wuhan Baden City Investment Co., Ltd. Equity transfer and cooperation Agreement", Guangdong Hengfeng will hold its Baden City 15% stake, Shenzhen Hengfeng will hold its Baden city 36% Transfer of equity to Jiakai City, the total transfer price of equity is 285 million yuan.　　After the transfer of equity is completed, Jiakai City will hold 51% of its shares. Baden City registered capital of 100 million yuan, the company intends to hold a project in the southeast of Wuhan Wuhan Baden City, the project land area of 10,000 acres.