Evergrande Property plans to go public on December 2 to raise 65% of the funds for strategic acquisitions and investments

Original title: Evergrande Real Estate plans to go public on December 2 to raise 65% of funds for strategic acquisitions and investments

On November 22, Evergrande Property Group (6666.HK) held a listing in Hong KongPromotion meeting, Detailedthe companyOverallOperatingSituation, the offer price is between 8.5Hong Kong dollarAt 9.75 Hong Kong dollars.

The Evergrande-managed area is reported to have covered more than 280 cities across the country so far.subscribeisserviceThere are 1354 projects with a contract area of ​​513 million square meters and a managed area of ​​254 million square meters.

Benefiting from good operations, all Evergrande Properties activity indicators have increased significantly. In the first half of 2020, the company achieved a total turnover of 4.56 billion grossprofit1.738 billion,Net profit1.148 billion. From 2017 to 2019, Evergrande Property’sOperating income, Gross profit,Net profitThe compound growth rate reached 29.1%, 101.4% and 195.5% respectively, among which the three-year increase in net profit ranked first in the sector.

Backed by leading real estate company Evergrande Group, Evergrande Property’s business size will continue to grow, and Evergrande Property will also vigorously expand and expand third-party projects.BUT，IPORecruitmentfunds65% will be usedstrategyAcquisitions einvestment。

　　managementAccording to the level, Evergrande Property developmenttargets, Is to become the largest real estate group in the world with the widest layout, the most complete business format and the best efficiency. It is to be expected that Evergrande Property will be presentcapitalmarketWith the help of a big step towards this goal.

(Article source:LejuFinance)

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