Country Garden suddenly: suspension, delay!

On the evening of March 28,Country Garden announced that it would delay the publication of its 2023 annual results and send its 2023 annual report.

According to the announcement, Country Garden is facing an increasingly complex business environment, and the company needs to collect more information to make appropriate accounting estimates and judgments, so as to reasonably reflect the changes in the industry and the company in the consolidated financial statements of the Group for the year ended December 31, 2023.

At the same time, as Country Garden’s debt restructuring work is still in progress, in view of the large number and wide distribution of the Group’s projects and the heavy workload and complexity involved in relevant due diligence, the Group needs more time to collect relevant financial information to carefully evaluate the Group’s current and future financial resources and financial obligations.

Therefore, it is estimated that it will take longer for the company to complete the preparation of the consolidated financial statements of the Group for the year ended December 31, 2023, and it is impossible to comply with the relevant provisions of the listing rules and publish the 2023 annual results before March 31, 2024.

Country Garden said in the announcement that the Group is working with financial advisers and legal advisers to assess the Group’s situation, and working closely with various creditors to formulate practical measures as soon as possible. In addition, the Board of Directors of Country Garden Group and the management of the company are committed to continuing to actively negotiate with creditors about debt restructuring, and will continue to work closely with the auditor PricewaterhouseCoopers to announce the 2023 annual results and send the 2023 annual report as soon as possible.

According to the relevant provisions of the Listing Rules, if Country Garden cannot announce its 2023 annual results on or before March 31, 2024, it is expected that the trading of Country Garden’s shares will be suspended on the Hong Kong Stock Exchange from 9: 00 am on April 2, pending the announcement of its 2023 annual results.

The Board of Directors of Country Garden Group believes that the suspension of trading will not have a substantial impact on the company’s operations. At present, the company’s domestic security building work and overseas debt restructuring work have been promoted in an orderly manner, and related work has received strong support from stakeholders including relevant local governments and overseas creditors.

Country Garden also disclosed some latest information. In the whole year of 2023, Country Garden Group and its joint ventures and associates completed the delivery of more than 600,000 houses, with a total delivery area of 71.62 million square meters, covering 249 cities in 31 provinces across the country.

Country Garden said in the announcement that on the date of the announcement, the Group continued to actively respond to the call, clarified the main responsibility of the enterprise main body in the delivery process, insisted on earmarking funds and strictly managed the pre-sale monitoring funds, and at the same time relied on various support policies of the state and local governments for the industry, relying on policies to help the project delivery. In addition, the Group attaches great importance to the cooperative relationship with suppliers. The Group maintains continuous communication with major contractors and suppliers to ensure that all parties have a consensus on the project schedule and funding arrangements, and through negotiation of a reasonable payment plan, it will continue to effectively ensure the normal operation of the project and complete the task of ensuring the delivery of the building. In terms of liquidity, the company is also striving to revitalize assets such as bulk businesses and reduce non-core and non-essential operating expenses, so as to keep the delivery bottom line and try its best to improve the liquidity situation.

Country Garden said that the company attaches great importance to debt risk resolution. In the past few months, the company has been working with financial advisers and legal advisers to evaluate the Group’s situation and formulate debt restructuring plans to alleviate the current liquidity problem. On the date of the announcement, the company is still working with financial advisers and legal advisers. The company also actively engaged in constructive dialogue with creditors, and accelerated the formulation of a restructuring plan agreed by all parties on the premise of respecting the existing legal status and legal repayment order of all creditors. Country Garden hopes that all stakeholders will maintain their confidence in the company, and support the company to continue its efforts to promote the practical and feasible best restructuring plan to achieve a long-term and sustainable capital structure.

Extended reading:

Country Garden responded: Objection!

On March 26th, in response to the news that Country Garden’s equity was frozen, Country Garden responded to the shanghai securities news reporter that the equity freeze involved cooperation projects of regional companies. "Because there is a dispute between our company and the partner in cost calculation and pre-distribution of profits, the partner applies to the court for property preservation. Such disputes are normal commercial disputes, and the court has not yet made a final judgment. The value of the frozen equity is not the same as the subject matter of the dispute. Our company is ready to raise an objection to the court for the excessive preservation of the partner. " Country Garden said.

On March 25th, the reporter learned from Tianyancha’s information about legal proceedings that Country Garden Real Estate Group Co., Ltd. recently added several pieces of information about stock right freezing. The enterprises whose shares were executed included Shenzhen paladin Phase V Equity Investment Partnership (Limited Partnership) and Shenzhen Huixin No.22 Investment Consulting Partnership (Limited Partnership), etc. The amount of frozen shares ranged from 39 million yuan to 6.705 billion yuan, and the total frozen shares exceeded 10 billion yuan. In addition, the company also has information such as the executor and the consumption restriction order.

On February 28th this year, Country Garden announced on the Hong Kong Stock Exchange that the company was informed that Ever Credit Limited (the petitioner) filed a liquidation petition against the company with the Hong Kong High Court on February 27th, 2024, concerning the unpaid term loan with principal of about HK$ 1.6 billion between the petitioner (the lender) and the company (the borrower) and accrued interest. The company will strongly oppose the petition.

Regarding the petition for liquidation, Country Garden responded to the shanghai securities news reporter that the debt amount of the company involved in Jiantao Group accounted for a very low proportion of the overall interest-bearing liabilities abroad, and the radical action of a single creditor would not have a significant impact on the company’s security building, normal operation and overall restructuring of overseas debts. Referring to other cases of listed real estate enterprises in default in the industry, it is more common for individual creditors to apply to the Hong Kong court for company liquidation. The company resolutely opposes the petition, and will seek legal advice, take all necessary actions, and actively and properly defend with the consulting team.

On March 4th, Country Garden issued a further announcement on the liquidation petition, saying that the company would consider whether to apply to the Hong Kong High Court for an authorization order in the light of the progress of its overseas reorganization at a later stage. The company will inform its shareholders and investors of the relevant decisions in due course and make further announcements.

Country Garden, New News

Country Garden introduced partners for one of the company’s projects.

On the evening of March 24th, Country Garden announced that Guangzhou Xingchengsi, an indirect subsidiary of the company, had entered into a cooperation agreement with Guangdong Zhongwei and the project company. Accordingly, Guangzhou Xingchengsi and Guangdong Zhongwei agreed to jointly build and develop White Swan Pond International Financial Center on the property in Guangzhou through the project company for sale.

The project company refers to Guangzhou Jinsi Real Estate Development Co., Ltd., a wholly-owned subsidiary of Guangzhou Xingchengsi. Guangzhou Property refers to land AF020106 located in the core area of White Swan Pond Business District, Liwan District, Guangzhou, with a site area of 13,968 square meters, a plot ratio of 15 and a floor area of 209,520 square meters, and the land is designated for commercial and enterprise purposes.

According to the announcement, the project company acquired Guangzhou property through open market bidding and auction in 2017 and acquired the land use right of Guangzhou property in 2018. It is planned to build a 64-storey high-rise commercial building with a 5-storey basement on the property in Guangzhou.

According to the appraisal report issued by Guangdong Tongde Real Estate Land Assets Appraisal and Planning Surveying and Mapping Co., Ltd. dated March 21, 2024, as of February 29, 2024, the market value of land use right of Guangzhou property was about 3.122 billion yuan.

In addition, as of the date of announcement, the certificates and approvals required for the construction and development of the building on the property in Guangzhou have been obtained. However, the construction of Guangzhou property has been suspended, and only the underground continuous wall and three internal supports have been basically completed, while excavation works are under way.

According to the cooperation agreement, Guangzhou Xingchengsi is regarded as having provided 3.1 billion yuan to the project company, while Guangdong Zhongwei agreed to provide further funds for the project totaling about 2.8 billion yuan. It is expected that the construction of the basement floor of the building will be completed in 2025, and the capping and project completion will be in 2026 and 2027 respectively.

In addition, Guangzhou Xingchengsi and Guangdong Zhongwei also reached a supplementary agreement on the same day, which made a supplementary agreement on the potential impact of mortgage on the performance of the cooperation agreement.

Country Garden explained the reasons for introducing partners for the project in the announcement. Country Garden said that the project was hindered by various complicated factors. For example, the assets of one of the intermediate shareholders of the project company (a fellow subsidiary of Country Garden) are currently restricted by the freezing order issued by the Guangdong Higher People’s Court. In addition, Guangzhou Property itself has been mortgaged to several mortgagees as a guarantee for the medium-term notes issued by Country Garden Real Estate Group Co., Ltd. (the same subsidiary of Country Garden) in 2023 with an amount of 1.7 billion yuan due in 2025.

Country Garden said that in view of the above-mentioned complicated factors and the large amount of funds that the project will require, it is difficult for the company to resume construction or sell properties in Guangzhou. Introducing Guangdong Zhongwei as a partner to jointly develop Guangzhou property will provide a timely and urgently needed solution to the difficulties faced by the company in realizing Guangzhou property.

Editor: Shao Ziyi? ?Proofreading: Zhang Yu?Photo editor: Zhao Yanzhen

Clear Water Flows East to this Back —— An Interview with One-way Front, Secretary of Wuhu Municipal Committee, Anhui Province

Xinhua Finance Hefei, January 10 (Reporter Wang Tao) More than 70 years ago, on the river surface of the battle of crossing the river for nearly a thousand miles, "the first ship crossing the river by a million mighty men" landed here;

More than 40 years ago, the "fool melon seeds", known as the "reform primrose" that promoted the private economy, became the imprint of that era here;

More than 20 years ago, Chery Automobile, the flag of the national automobile industry, started here from a "small grass house" on the Yangtze River …

The Yangtze River heading east suddenly turns northward here. Li Bai, a poet in the Tang Dynasty, once wrote that "Tianmen interrupted the opening of the Chu River, and the clear water flowed back here", which is what he said here.

"Wuhu has a pioneering environment, and this spirit is also the gene and trait of an important city in Wuhu. It has always relied on this creation to closely integrate the requirements of the CPC Central Committee the State Council, the provincial party Committee and the provincial government with the local reality, and embark on its own development path to support and tolerate the main body of innovation and creation." Wu Hu, secretary of the Municipal Party Committee, said in an interview with reporters a few days ago.

The picture shows the secretary of Wuhu Municipal Party Committee.

Wuhu, as the second GDP city in Anhui Province, is positioned as a provincial sub-center. In the first three quarters of 2021, its GDP growth rate was as high as 13.6%, making it the fastest growing city in the Yangtze River Delta region. It emerged from a melon seed and hatched a large number of well-known enterprises such as Chery Automobile, CONCH and Three Squirrels, becoming one of the most successful cities in the past 40 years of reform and opening up.

City and Innovation: Innovation is the most precious development gene of Wuhu.

"Innovation is Wuhu’s most precious development gene, the deepest brand of the times and the most distinctive urban characteristics." One-way forward

Wuhu has an indissoluble bond with automobiles. Chery Automobile, which has grown into a banner of the national automobile industry, has always been associated with Wuhu. It can be said that the automobile gene has been deeply embedded in the city of Wuhu. Looking at the technological innovation path of Chery Automobile, we can see what innovation means to Wuhu.

In 1997, a group of young people with "car dreams" came to Wuhu. In just two years, Chery’s first self-developed car was officially off the assembly line, and then QQ and the son of the East entered the market in mass production. After 24 years of hard work, Chery Automobile has achieved a total sales of 9.2 million vehicles, ranking first in China’s passenger car export for 18 consecutive years, and its business scope covers more than 80 overseas countries and regions.

Nowadays, the new energy and intelligent networked automobile industry has become the first industry in Wuhu, with 311 industrial enterprises above designated size and an output value of nearly 130 billion yuan. It has seven national R&D platforms, including the National Energy Conservation and Environmental Protection Automobile Engineering Technology Research Center and the Automotive Electronics Engineering Research Center, and 77 provincial R&D platforms, with Chery and CIMC Ruijiang as the leaders, Yaskawa Electric, Anwar Xinneng and Qidi Semiconductor as the backbones, and Hongjing Electronics, Alfa Silicon, etc.

In 1950s, Wuhu shipbuilding; In the late 1990s, Wuhu built cars; Today, Wuhu has realized the dream of building an airplane. Manned space flight and domestic large aircraft all have the figure of "Wuhu Zhizao". In Wuhu Aviation Industrial Park, since the test flight of the first "Anhui-made" general-purpose aircraft of CLP Wuhu diamond aircraft, the number of orders has reached more than 150 in just over three years.

One-way forward said: "What does enterprise innovation mean to a city? On the one hand, cities should serve enterprises and cultivate excellent enterprises; On the other hand, the city is also infected by enterprises, making the innovative spirit of enterprises become the innovative spirit of the city, and the two sides complement each other. "

To this end, Wuhu continues to create an innovative ecology and enhance the agglomeration of urban elements. Deeply participate in the construction of G60 Science and Technology Corridor, gather and integrate innovative elements, and the whole society’s R&D investment accounts for 3.34%. At the same time, Wuhu is promoting the multiplication plan of high-tech enterprises, the incremental plan of regulated industrial enterprises, and the five-year action plan of listing enterprises, and strive to exceed 2,000 in 2023, and the number of regulated industrial enterprises will reach more than 2,500. By 2025, there will be 15 billion enterprises, 5 billion enterprises and 50 listed companies.

City and business: policy cashing should be as convenient as online shopping.

"China is seen by world cement, and conch is seen by China cement", as the world’s top 500 conch group, many people are familiar with it, but they don’t know that conch was not in Wuhu at first, but only after it moved to Wuhu did it grow rapidly, from a small seedling to a towering tree.

However, the growth of conch is not an isolated case. Chery, the flag of the national automobile industry, and the first three squirrels, the national leisure snacks, are all star enterprises that have emerged in Wuhu in recent years. So what is the password behind Wuhu’s incubation enterprises?

"whether a company can land in one place, in fact, the key is not the speed of doing things, but ultimately depends on whether the company can make a profit. Wuhu first proposed to aim at the average profit rate of enterprises and work hard to create a better business environment by reducing costs. " One-way front representation.

In recent years, Wuhu has taken optimizing the business environment as the key move to open a new bureau in response to the situation, and launched a series of new ideas and measures to create a better business environment, such as "talking breakfast" and "1% work method". Among them, the "1% working method" has also been included in the typical experience and practice discovered by the eighth general inspection in the State Council, and it has been reported and praised.

One-way forward said that whether an enterprise can make a profit depends on two parts. One is its own core competitiveness, but the bigger part lies in the ecological environment where the enterprise is located. From the local point of view, it is necessary to aim at this ecological environment to improve it. One-way ago, we asked 300 enterprises that have a great impact on Wuhu’s development to conduct in-depth research and dismantle their balance sheets. On the basis of comprehensive analysis of the cost and profit composition of enterprises, we set up nine working groups, including energy, employment, logistics, taxes and fees, and financing, to study measures to reduce costs and increase efficiency respectively, so as to help enterprises increase their profit rate by 1% on the original basis.

"Enterprises don’t need you to teach them how to do it. Whether its operating costs can be reduced or whether it can directly lead to a 1% increase in profit margins, enterprises will have real feelings. This is the origin of everything that builds our current business environment. " One-way forward

In addition to this 1% real profit-making, Wuhu’s original "Chatting Breakfast" made entrepreneurs feel warm and respectful, which also became a sample for building a "pro" and "clean" relationship between the government and enterprises. Since March, 2021, Wuhu Municipal Party Committee and Municipal Government has regularly invited relevant entrepreneurs to have breakfast talks, without presupposing topics, arranging presenters or preparing speech materials, colliding with ideas and stimulating creativity in a relaxed and pleasant atmosphere, and at the same time collecting demands and opinions. So far, 34 "Breakfast Talks" have been held continuously, and more than 180 entrepreneurs and social organizations have been invited to participate.

It is not only a carrier for serving enterprises, but now the "Chatting Breakfast Meeting" even has a "value" and has become the direction for investment funds to follow the map. One investor said that "as long as the enterprises that have attended the breakfast meeting, we can directly invest 10 million yuan to start".

Whether it’s "1% working method" or "chatting for breakfast", all these add up to form a service enterprise system in Wuhu, and one of the standards that Wuhu finally strives to build is to build an online policy supermarket, and standardize many policies that benefit enterprises and talents scattered in various departments on the Internet. As long as the enterprise code, legal representative and registered user name are entered, the policies to be enjoyed will be realized immediately.

"In the past, enterprises were looking for policies, but now they are looking for enterprises by policies. Wuhu should make policy cashing as convenient as online shopping, and finally realize the quantifiable effect of government services, the quantifiable sense of enterprise development and the quantifiable optimization of business environment." One-way front indicates that the 1% work method fundamentally embodies the integration of services.

City and development: development must first become a city of vitality.

"The first step of urban development is to become a vibrant city, and the whole body must be strong." One-way forward said that the positioning of Wuhu as a provincial sub-center is a great expectation of the provincial party committee and government, which is both a mission and a pressure for Wuhu. Wuhu must strive for the first place, no matter in terms of economic aggregate, development speed, development quality, or urban construction. Of course, the ultimate goal is to improve the people’s livelihood and well-being.

To this end, Wuhu proposed to speed up the creation of "the experimental place for new ideas, the birthplace of new things, and the starting place for new products". For example, the starting place of new products should create an environment for new products to achieve the first order, complete the first financing, or even open the first small shop, where products can be distributed, affordable and well-known. This is the vitality of a city.

In fact, whether the city develops well or not, citizens and enterprises have the most say, and they also know best where the city is blocked, painful and difficult. Wuhu initiated the establishment of the "people’s urban construction partner" system, and the first batch of 10 units including Anhui Normal University, Conch Group and Chery Holdings were selected as "partners". This is not only an honor, but also a two-way responsibility.

High-quality economic development is only one aspect of urban development. What is the ultimate goal of urban construction? Wuhu’s proposal to build a people’s city is to respond to the people’s new yearning for a better life with practical actions, focus on solving the problem of "urgent difficulties and worries" strongly reflected by the masses, continuously improve the functional quality of the city, let more public services benefit the people, leave more public space for the people, and show more goodwill and warmth to every interface, every detail and every corner of urban planning and construction management, so that everyone living here can feel proud and proud from the heart.

Who is Wuhu? Wuhu may be an Normal University, Chery, conch, or even three squirrels. The temperament of a city needs to be materialized into enterprises and units, which all represent the different temperament of the city. However, the urban spirit cannot be an empty existence. It depends on these units that were born, raised, prospered and even expanded in Sri Lanka to show the spirit and temperament of a city.

"What kind of attitude do we have towards them? I feel that it is full service to let them grow and develop in their respective fields. Although no one can fully represent Wuhu, they together constitute the style and temperament of Wuhu City. " One-way forward

China FAW’s total sales in January exceeded 296,800 vehicles, up 54.2% year-on-year.

On February 5th, China FAW announced today that the group’s total sales in January exceeded 296,800 vehicles, up 54.2% year-on-year.

. The total sales volume of the new Red Flag H5 and the new Red Flag HS5 increased by 178% year-on-year. The sales volume of the new Red Flag H5 ranked first in China brand B luxury fuel car, and the sales volume of the new Red Flag HS5 ranked first in China brand B luxury fuel SUV.

Jiefang brand has a terminal share of 24.3% in the heavy truck market, ranking first in the industry, 32.8% in the NG tractor market and 33.9% in the diesel coal transportation market.

In January, Pentium brand achieved more than 10,000 wholesale and terminal retail sales, with wholesale sales increasing by 86% and terminal retail sales increasing by 121%. Among them, the terminal retail sales of the main model Pentium B70 are stable at more than 5,000 vehicles.

It should be noted that the specific sales volume of FAW-Volkswagen and FAW-Toyota has not been mentioned officially.

In the deeds of January, China FAW also mentioned that the Liberation Power Changchun Super Factory was officially put into production, the 100 millionth battery of Times FAW was rolled off the assembly line, the first SOP white body of FAW-Volkswagen VW491 project was rolled off the assembly line, and the first phase of FAW Foday new energy power battery was successfully put into production in Changchun.

Carry out special actions to reduce the burden of scientific research personnel

The newspaper reported on the 29th (trainee reporter Ping Jiang reporter Peng Yi) that in order to create kinetic energy for innovation and entrepreneurship in the whole society to the maximum extent, the Provincial Science and Technology Department will launch a special campaign to reduce the burden on scientific researchers, and form a "catch all" of scientific and technological business and services. Pratt & Whitney projects need not be declared, but are evaluated by objective data. This is what the reporter learned at the 2019 provincial science and technology work conference on the 29 th.

Provincial Science and Technology Department will optimize the construction of business environment. Deepen the establishment of the "Four Zero" commitment service, thoroughly investigate the risk points in all aspects of project evaluation, formulate fair, standardized and effective evaluation rules, strengthen internal supervision and strengthen collective decision-making. Implement the "streamline administration, delegate power, strengthen regulation and improve services" reform requirements, speed up the online process of the province’s science and technology system integration online government service platform and provincial and municipal data sharing and exchange platforms, promote the networking of the province’s science and technology system government service, and fully implement "do it right away, do it online, do it nearby, do it once, and help me". Implement the Regulations on Optimizing Business Environment in Heilongjiang Province, promote the cooperation between universities, research institutes and market players, and promote the open sharing of scientific and technological resources to the society and provide services.

Intensify the implementation of reform tasks. We will implement the policy of scientific and technological innovation, implement the requirements of relevant documents that give scientific research institutions and personnel greater autonomy, and carry out special actions to reduce the burden on scientific research personnel, so that scientific research personnel can concentrate on learning and innovation breakthroughs. Strengthen the management of reform task accounts and carry out dynamic tracking to ensure the implementation of various reform tasks.

Optimize the allocation of scientific and technological innovation resources. Increase investment in scientific and technological research and development, explore joint guidance mechanism, mobilize the enthusiasm of all kinds of innovative subjects in R&D investment, and improve the level of R&D investment in the whole society. Using Internet thinking and big data means, we will co-ordinate the construction of a scientific and technological innovation service platform, integrate all scientific and technological business processes, integrate the province’s scientific and technological data resources, monitor the latest scientific research trends in real time, and form a "catch all" of scientific and technological services. Explore the establishment of key R&D plan project disclosure (bidding) system, change the generation mode of science and technology projects, and encourage enterprises with R&D needs to undertake provincial science and technology plan projects. Innovate the investment mode of R&D funds and simplify the workflow. Pratt & Whitney projects are evaluated with objective data to cancel the declaration, platform projects are directly evaluated and ranked with objective data, and competitive projects strictly implement the evaluation process and rules.

Strengthen scientific and technological supervision and integrity construction. Establish a scientific and technological supervision system with coordinated departments and internal linkage in our province, formulate measures for the supervision and inspection of scientific and technological projects, standardize supervision and inspection behaviors, compact the management supervision responsibilities of project management units and the management responsibilities of project undertakers as legal persons, and strengthen the punishment for illegal scientific research behaviors. Strengthen the construction of scientific research integrity, establish a scientific research integrity system that is vertically connected with the Ministry of Science and Technology and municipal science and technology bureaus and horizontally shared with relevant departments, establish a blacklist system of scientific research integrity, and dynamically manage the scientific research integrity of researchers and related institutions and organizations.

Big news in Country Garden! Sell 3.8 billion assets in large quantities, sell hotels and office buildings first instead of houses! What’s the meaning behind it?

In order to revitalize its assets, Country Garden took the lead in selling commercial assets instead of transferring its residential development projects. In today’s market, high-quality commercial assets are easier to cash out. In the past, commercial assets that were considered to be "difficult to get rid of and heavy on assets" may have better liquidity than residential projects.

With the continuous injection of favorable financial policies for real estate, the news of large-scale commercial assets transactions frequently spread in the domestic real estate M&A market, and selling commercial assets has become an important strategy to revitalize the stock of head housing enterprises. After Vanke set up the business department, will Country Garden take a new step?

Source: New Fortune Magazine (ID: xcf Plus)

Author: Du Dongdong

After Wanda Group’s sale of 10 wanda plaza attracted attention, the news of Country Garden (02007.HK) selling assets was screened.

On the evening of January 22, 2024, Country Garden listed on the Guangzhou Property Rights Exchange and transferred a number of assets, including hotels, office buildings, commercial properties, office buildings, apartment buildings, etc. The total price of assets to be transferred was 3.818 billion yuan.

Since the first debt default in August, 2023, the management of Country Garden has repeatedly stated that it wants to "sell iron" to save itself, from cutting administrative expenses by nearly 60%, shrinking the number of regional companies to 21, selling private jets to Yang Guoqiang, reducing the salary of "working emperor" Mo Bin to 10,000 yuan per month, and even auctioning off the car for senior executives to pay off debts. In order to reverse the predicament, "Cosmic Housing Enterprises" can be described as all kinds of "vicious tricks".

Like most real estate enterprises in danger, Country Garden has inevitably embarked on the road of selling assets to pay off debts, from selling its equity in the Guangzhou Asian Games Town project to transferring the equity of Wanda Commercial Management at a loss, and now it has announced the sale of 3.818 billion yuan of commercial assets in Guangzhou, which is naturally reasonable.

However, as a typical residential real estate developer, Country Garden’s revitalized assets come first with commercial assets, which still surprises many people.

01. First-line commercial assets are put on the "shelf" first.

At the 2024 annual working meeting held on January 15th, Yang Huiyan, Chairman of the Board of Directors of Country Garden Group, once again stressed that "the family must share the fate with the company" and "we are trying our best to revitalize our assets".

The listing and sale of five asset packages in Guangzhou this time shows that Country Garden’s asset revitalization has taken an important step.

According to public information, these five asset packages specifically include: Phoenix Hotel in Zengcheng District, with a price of 1.26 billion yuan, and the highest listing transfer price; Followed by the office building project of Canglongfu in Country Garden, Panyu District, with a price of 1.152 billion yuan; The Grade A office building project of Country Garden Center in Zengcheng District is quoted at 772 million yuan, the Renhe apartment building in Baiyun District is quoted at 384 million yuan, and the AEON commercial property in Country Garden Phoenix City in Zengcheng District is quoted at 250 million yuan.

The highest priced Phoenix Hotel in Zengcheng District is the largest five-star landscape-themed hotel in eastern Guangzhou and one of the few first-tier city hotel projects in Country Garden. It was opened in 2003 and renovated in 2017, with a total of 573 luxury rooms. In addition to the hotel’s assets, Country Garden also sells high-quality office buildings, businesses, apartment buildings and other projects on the counter.

Overall, the quality of Country Garden’s assets on the shelves this time is good. This may be related to its situation.

According to iFind data, by the middle of 2023, Country Garden’s rights and interests attributable to its parent company had further shrunk from a high of 203.623 billion yuan in 2022 to 155.061 billion yuan, and its total liabilities remained at a high level of 1.36 trillion yuan. At the same time, the cash and cash equivalents in Country Garden’s account were 101.115 billion yuan, including 29.454 billion yuan in restricted deposits and cash, and 30.508 billion yuan in accounts receivable and bills in the same period; Short-term loans amounted to 108.703 billion yuan, and accounts payable and notes amounted to 202.237 billion yuan. Money is tight, and selling assets is imminent.

In order to get rid of the predicament, Country Garden has recently made drastic management changes, including merging regional companies, streamlining the structure, and the company’s management taking the initiative to reduce salaries to convey confidence to the market with a positive attitude. In addition to cutting expenses, speeding up the collection of sales payments and receivables, revitalizing large and difficult commercial precipitated assets has become another key measure.

Earlier in September, 2022, Country Garden sold its 26% equity and sales debt of Guangdong Property Rights Exchange Group Investment and Development Co., Ltd. to Jiumaojiu (09922.HK), a Hong Kong-listed catering company.

In August 2023, Country Garden sold 26.67% equity of Guangzhou Asian Games Town Project to China Shipping Real Estate for a total price of about 1.2915 billion yuan. After the acquisition, China Shipping Real Estate became a 100% shareholder of Guangzhou Asian Games Town.

In the same month, Country Garden issued 350 million shares to Jiantao Group (00148.HK), a company listed in Hong Kong stock market, and paid off its debt of HK$ 270 million in the form of "debt-to-equity swap". In the following December, Country Garden sold its stake in Zhuhai Wanda Commercial Management at a price of 3.069 billion yuan at a loss of 160 million yuan.

On January 18th, 2024, Country Garden Australia, an Australian subsidiary, sold part of the interest of Wilton Greens to Avantaus, a Chinese private developer, for about A $240 million (about RMB 1.13 billion).

Overall, including this asset sale, Country Garden has not sold many assets so far. As a typical residential real estate developer, Country Garden has invested in more than 3,103 real estate projects in China. Nowadays, in order to revitalize assets, almost all of them are commercial assets, not residential real estate.

According to public information, Country Garden Group’s commercial real estate business is mainly managed by Country Garden Business Travel.

Country Garden Business Travel originated from the business management department established by Country Garden in 2005. It is mainly responsible for undertaking the commercial assets generated in the development of residential business and is positioned to serve residential real estate. In 2018, Country Garden adjusted the commercial sector to the group headquarters, and established Country Garden Business Travel together.

Since 2021, Country Garden Business Travel has gradually focused its operations on shopping centers, and has operated 14 commercial product lines including Bile City, Bile Time, Bijia, Bile Town and Biying International. There are more than 60 group commercial projects under unified management and operation, covering four sectors of commerce, long-term rental, cultural travel and office buildings, and several commercial complexes have been built in cities such as Guangzhou and Shenzhen.

According to the data, in 2022, the total construction area of Country Garden Business Travel Project reached 1.13 million square meters, and it landed in 24 cities in 14 provinces across the country. According to the 2023 interim report, the operating income of Country Garden’s property investment and hotel management sector was 2.234 billion yuan, accounting for 0.98% of the total operating income of 226.309 billion yuan, and the asset scale of this sector was not disclosed.

In this asset sale, Country Garden’s "business first" strategy is not uncommon among housing enterprises.

02. Commercial assets are now easier to cash out.

Recently, the enthusiasm of domestic housing enterprises to revitalize their assets is getting higher and higher, and the intention of bringing their projects to the market and revitalizing existing assets to solve the difficulties is getting stronger and stronger. In the real estate M&A market, news of transactions of bulk commercial assets frequently came out, and more and more housing enterprises successfully cashed out.

Looking around the real estate industry, not only Country Garden, but also commercial assets are generally chosen to revitalize the assets of residential housing enterprises.

According to incomplete statistics, in the last three years, the real estate enterprises that sold assets, including at least 15 head real estate enterprises such as Shimao Group (00813.HK), Joy City (000031), OCT (Asia, 03366.HK) and Greenland Holdings (600606), sold projects with a scale of over 100 million yuan, all of which were commercial assets (Table 1).

In contrast, in the residential asset transfer market, except for ST Taihe (000732) and Jinke (000656), the remaining 26 residential developers have only changed hands sporadically.

Wind data shows that from 2021 to 2023, 112 residential related assets were sold by head housing enterprises, with a total transaction scale exceeding 130 billion yuan. In the same period, the transaction scale of commercial real estate projects with a scale of over 100 million yuan nationwide was 102.436 billion yuan, which was similar.

As we all know, the scale of domestic commercial real estate projects is much lower than that of residential real estate assets. In 2023, the national commercial housing sales reached 11.66 trillion yuan. In the same period, the national investment in commercial housing development exceeded 118 million yuan.

The comparison of the two data may reveal a reality-commercial assets that used to be considered as "difficult to get rid of and heavy on assets" are far easier to cash out now than residential development project assets. In other words, the liquidity of residential assets is much lower than that of commercial assets.

Theoretically speaking, superior and high-quality properties in first-and second-tier cities are often easy to directly face C-end sales and withdraw funds without being pushed to the bulk M&A market; Instead of first-and second-tier residential real estate projects, under the background of weak market demand and generally sluggish sales, it is also difficult to transfer equity to B-end financial investment institutions and get cash.

By the first half of 2023, Country Garden’s contracted sales in third-and fourth-tier cities still accounted for 65%. From this point of view, the assets of Country Garden’s residential projects rarely move, but there are difficulties behind putting commercial assets projects on the "counter" first.

Judging from the market transaction cases, domestic commercial offices, industrial logistics, industrial parks, rental housing and consumer infrastructure and other investment real estate have obtained capital bargain-hunting. These commercial projects located in prime locations of first-tier cities such as Beijing and Shanghai are actually assets under pressure and have strong appreciation space. Choosing to start when the market sentiment is depressed and the real estate price is down has a high risk-return ratio for investors.

Therefore, Country Garden takes the lead in selling high-quality office buildings, businesses, apartment buildings and other projects in Guangzhou, and it is relatively easier to get the attention of bargain-hunting capital.

03, the breakthrough of housing enterprises to revitalize assets

The warming of commercial assets transactions may be related to the rapid promotion of real estate financial policies in recent years.

Since 2023, the national ministries and commissions have successively issued the Notice on Standardizing and Recommending Real Estate Investment Trust Funds (REITs) Projects in Infrastructure, and the Notice on Further Promoting the Normalized Issuance of REITs in Infrastructure, among which it is clearly stated that priority should be given to supporting urban and rural commercial network projects such as department stores, shopping centers and farmers’ markets, so as to guarantee the basic livelihood of community commercial projects to issue infrastructure REITs.

On October 20th, 2023, China Securities Regulatory Commission issued the Decision on Amending Article 50 of the Guidelines for Public Offering of Infrastructure Securities Investment Funds (Trial), which expanded the types of pilot assets of publicly offered REITs to consumer infrastructure. At the end of the month, the first batch of four consumer infrastructure REITs were approved.

The gradual expansion of the pilot scope of public offering REITs and the launch of real estate private equity investment funds not only mean that the closed loop of real estate finance in China is gradually taking shape, but also inject a great benefit into activating domestic stock assets.

Public offering of REITs is the most critical part of the commercial real estate cycle. Investors have a higher chance to realize the profit exit of the project through REITs or asset securitization, which is the logic of the bargain-hunting capital giving priority to investing in high-quality commercial real estate projects.

Standing in the current deeply adjusted real estate environment, housing enterprises are generally eager to cash out funds to tide over difficulties, and the revitalization of existing commercial assets has become one of the important strategies to promote housing enterprises to get rid of difficulties. Furthermore, the scale and proportion of commercial assets owned by real estate enterprises may affect the speed of revitalizing their existing assets.

After testing the consumption of REITs, on January 14th, 2024, Vanke released the organizational adjustment and personnel arrangement, set up a business division, and unified the commercial business of seven regions and Yinli Group into it, thus raising the development of its commercial real estate to a new height.

After the sale of Guangzhou commercial assets package, Country Garden still has many commercial projects in hand. Will it take a new step to revitalize related assets? We will wait and see.

Any information and information mentioned in this article is only the expression of the author’s personal views or the statement of specific events, and does not constitute recommendation and investment advice, and does not represent the position of the society. Investors should bear the risks and consequences of investing accordingly.

Authoritative release of joint prevention and control mechanism | Vaccination with COVID-19 vaccine will not cause leukemia and diabetes.

CCTV News:Recently, there were rumors on the Internet that someone got leukemia and diabetes after being vaccinated with COVID-19 vaccine. According to experts’ introduction at the press conference, according to clinical monitoring and statistical data, in the four years before and after the COVID-19 epidemic, the number of medical visits and hospitalizations of diabetes and leukemia were basically the same, with no significant change, which indicated that vaccination with COVID-19 vaccine would not cause leukemia and diabetes.

Wang Fusheng, Director of Infectious Diseases Department of the Fifth Medical Center of PLA General Hospital:In 2018 and 2019, before the outbreak of COVID-19, the proportion of hospitalization for leukemia in China was 0.15% and 0.14% respectively, while in 2020 and 2021, the proportion of hospitalization after the outbreak was 0.13%. In 2018 and 2019, the proportion of diabetes hospitalization was 2.1%; In 2020 and 2021 after the outbreak, the proportion of hospitalization was 2.2%. According to China’s epidemic prevention and control policy, China has carried out large-scale vaccination of COVID-19 vaccine since last year. At present, China’s 3-mdash; 12-year-old children and 12-mdash; The vaccination rate of 17-year-old teenagers in COVID-19 is 90%— 100%, the total number is nearly 250 million. Under the background of such a large-scale vaccination in COVID-19, it is inevitable that a large number of vaccinations are coupled with the natural occurrence of some serious diseases. You can simply calculate that if COVID-19 vaccine really causes diabetes and leukemia, then the number of patients and hospitalizations will increase significantly, but this phenomenon has not been seen from the actual monitoring and clinical statistics.

Announcement of State Taxation Administration of The People’s Republic of China on Issues Concerning the Issuance of VAT Invoices

State Taxation Administration of The People’s Republic of China Announcement No.16 of 2017

  In order to further strengthen the management of value-added tax invoices, ensure the smooth implementation of the pilot project of changing business tax into value-added tax, protect the legitimate rights and interests of taxpayers, and create a healthy and fair tax environment, the relevant issues concerning the issuance of value-added tax invoices are hereby announced as follows:

  1. Since July 1, 2017, if the buyer is an enterprise, the taxpayer identification number or unified social credit code shall be provided to the seller when requesting the general VAT invoice; When the seller issues an ordinary VAT invoice for it, it shall fill in the taxpayer identification number or unified social credit code of the buyer in the column of "taxpayer identification number of the buyer". Invoices that do not meet the requirements shall not be used as tax vouchers.

  The enterprises mentioned in this announcement include companies, unincorporated enterprises as legal persons, enterprise branches, sole proprietorship enterprises, partnerships and other enterprises.

  2. When the seller issues a VAT invoice, the contents of the invoice shall be truthfully issued according to the actual sales situation, and the contents inconsistent with the actual transaction shall not be filled in according to the requirements of the buyer. When the seller issues an invoice, it will interface with the background of the VAT invoice tax control system through the sales platform system, and import relevant information for invoicing. The content of invoicing data imported by the system should be consistent with the actual transaction. If it is not consistent, the sales platform system should be revised and improved in time.

  It is hereby announced.

State Administration of Taxation (SAT)

May 19, 2017

After Jingke, First Solar sued a leading photovoltaic patent infringement in China.

  "I’m very sad. China Photovoltaic entered the’ dark forest era’, and patents became weapons of involution. " Qu Xiaohua, founder, chairman and CEO of Artes, publicly stated in February this year.

  Recently, the eyes of photovoltaic industry have been attracted by the BC patent war between Maxeon and () in Europe. DataBM.com, a new digital energy source, has noticed that the patent war between Artes and First Solar has also started since it was listed on the "American battlefield".

  According to media reports, at the beginning of this month, First Solar sued Artes in the U.S. District Court of Delaware, accusing the latter of infringing its patented TOPCon technology.

  Interestingly, First Solar claimed that TOPCon patented technology US9,130,074 was infringed by Artes, and in February this year, the company also accused another photovoltaic leader, Jingke Energy, of infringement.

  Regarding the alleged infringement of TOPCon’s patented technology, Digital New Energy DataBM.com contacted Artes, and its securities department responded that it has not received the news yet.

  Artes is under a "technical siege" because of multiple prosecutions?

  According to the incomplete statistics of digital new energy DataBM.com, in recent years, Artes has been accused of patent infringement by at least five photovoltaic companies, involving technologies such as shingles and TOPCon.

  On the surface, the patent dispute seems to be a battle for technology patents, but in fact it is a common means of market competition.

  Just as in the overlapping tile patent dispute with The Solaria Corporation and Maxeon, Artes reached a settlement with the other party, but at the expense of its interests in the United States and Japan.

  According to Artes’s prospectus in 2023, it finally reached a settlement with Maxeon’s patent dispute on "shingled solar modules" in Japan, but Artes will no longer sell shingled solar modules to Japan before June 30, 2025;

  In the end, it signed a settlement agreement with The Solaria Corporation on the patent dispute of shingle solar modules, but Artes will no longer sell shingle solar modules to the United States within seven years from the effective date of the settlement agreement.

  Now, Artes has been sued by Maxeon, Trina Solar and First Solar in the United States and China respectively for patent infringement of TOPCon. Can Artes firmly hold its market share this time?

  While Artes is mired in the patent whirlpool, what worries the market more is the impact of Artes’s "profit priority" strategy on its future photovoltaic business.

  The strategy of "profit first" leads to worry

  Recently, the "TOP10 of PV Module Shipments in China in 2024" produced by Digital New Energy DataBM.com was released. Artes ranked seventh on the list with 31.1GW of shipments, which increased by 0.7GW compared with 2023, but its ranking dropped by one place.

  The slight increase in shipments and the decline in rankings are actually related to Artes’s "profit first" strategy.

  As we all know, due to the serious mismatch between supply and demand in the market, the photovoltaic industry has entered a downward cycle in recent years. The photovoltaic enterprises that are "involuted" have opened the "extreme involution mode", and the price war has intensified, so that the industry has entered the abyss of losses, corporate performance is under pressure, and profitable enterprises are few.

  In this context, Artes delivered a net profit of 2.247 billion yuan in 2024. In this regard, Artes said that this is due to its comprehensive balance between price and shipment, and its initiative to reduce the shipment of photovoltaic products, giving priority to profit.

  Zhuang Yan, president of Artes, also publicly stated in 2024 that in the current market environment, Artes’s strategy is that profit and cash flow are more important than shipment.

  In the short term, Artes’s reduction of photovoltaic shipments gives priority to ensuring profits; However, in the long run, the decline in shipments may lead to a shrinking market share. In such a "volume" photovoltaic industry, it is very likely to be seized by other enterprises, so as to miss market opportunities.

  On the other hand, while shrinking the photovoltaic business front, Artes has ushered in a big explosion of energy storage business. In 2024, Artes’s energy storage business shipments reached 6.5GWh, up over 500% year-on-year.

  However, the energy storage industry is also facing the dilemma of involution.

  According to industry data, the current price of energy storage system has dropped to less than 0.5 yuan /Wh, and most energy storage enterprises have "increased their income without increasing their profits".

  Although Artes’s energy storage business is mainly concentrated overseas, with the rise of geopolitical risks in many places around the world, the rise of trade protectionism in Europe and America, and the development of overseas localized industries, the shipment of energy storage enterprises in China is uncertain.

  As a result, people in the industry are also worried about Artes’s energy storage business. How long can the high growth of energy storage last? The company’s competitors Trina Solar and Jingke Energy have also gone off the stage to store energy. How can Artes maintain its "Jianghu status" in energy storage?

  Source: Digital New Energy DNE

A new case of "28+261" in Lhasa, Tibet on August 30th.

  "Lhasa released" WeChat WeChat official account news, August 30, 0— At 24: 00, there were 289 new cases of Covid-19 infection in Lhasa, including 28 newly confirmed cases and 261 asymptomatic infections. Both newly confirmed cases and asymptomatic infections were found in isolation and control. Among them:

  (1) Chengguan District [including Wenchuang Park]: There were 271 new cases (28 confirmed cases and 243 asymptomatic infected persons) that day.

  (2) Linzhou County: There were 18 new cases (18 asymptomatic infected people) that day.

  Delineation of risk area

  On August 30th, the closed control zone in Lhasa was not adjusted. Except for the closed control zone, there were 34 high-risk zones and 20 medium-risk zones in Lhasa. Specifically:

  (1) Chengguan District [including Wenchuang Park]

  141 sealed control zones:

  1. Barkhor Street Barkhor Community Area;

  2. North Area of Bailin Community, Barkhor Street Road;

  3. South Area of Bailin Community, Barkhor Street Road;

  4. Barkhor Street Chongsaikang Community Area;

  5. East of the southern section of Duosenge Road, Danjielin Community, Barkhor Street Road;

  6. The area west of the southern section of Duosenge Road in Danjielin Community, Barkhor Street Road;

  7. East of the southern section of Duosenge Road, Lugu Community, Barkhor Street Road;

  8. The area west of the southern section of Duosenge Road, Lugu Community, Barkhor Street Road;

  9. Barkhor Street Road Bypass Community North Area;

  10. Barkhor Street Road Bypass Community Water Conservancy Bureau Family Courtyard Area;

  11. Xi ‘an Hotel Area of Barkhor Street Road Bypass Community;

  12. Xiasasu Community Area of Barkhor Street Road;

  13. The area north of G318 in Caigongtang Street and east of Dansheng Road;

  14. Baiding Village, Caigongtang Street;

  15. Caicun District, Caigongtang Street;

  16. Cijue Lindong Area;

  17. Cijue Linxi Area;

  18. Cijue Forest Central Area;

  19. Yalong Sunshine Garden Area of Dunzhu Financial City;

  20. Luoou Village, Duodi Street;

  21. Garden area in the northern suburb of Sangyi Community, Duodi Street;

  22. The seventh Anjuyuan area of Sangyi Community in Duodi Street;

  23. The fourth and Lu ‘an Juyuan districts of Sangyi Community in Duodi Street;

  24. Dongzunmingcheng District, Sangyi Community, Duodi Street;

  25. The judicial district of Sangyi Community in Duodi Street;

  26. Weiba Village, Duodi Street;

  27. Yinqixiang District, Duodi Street;

  28. Ejietang Community Area of Gamagongsang Street;

  29. Gamagongsang Community Area of Gamagongsang Street;

  30. North Community Area of Najin Road, Gamagongsang Street;

  31. Unified Community Area of Gama Gongsang Street;

  32. The area north of Beijing West Road, Jiacuo Community, Kutokuhayashi Street;

  33. The second group area of Jiacuo Community in Kutokuhayashi Street;

  34. Living area of Lhasa Hotel in Jiacuo Community, Kutokuhayashi Street;

  35. A group of districts in Jiacuo Community, Kutokuhayashi Street;

  36. Kutokuhayashi Street Lalu Community Thermal Power Plant Community Area;

  37. Kutokuhayashi Street Lalu Community Communications Department Retirement Base Area;

  38. Kutokuhayashi Street Lalu Community Tianlu Kangzhuo Community Area;

  39. Kutokuhayashi Street Automobile Team 5 Community Area;

  40. Kutokuhayashi Street Happy Community Area;

  41. Kutokuhayashi Street Snow Community North Area;

  42. Kutokuhayashi Street Snow Community Kutokuhayashi Temple Area;

  43. Kutokuhayashi Street Snow Community and Heshun Community Area;

  44. Huayu Tiandu District, Snow Community, Kutokuhayashi Street;

  45. Jiare Residential Area, Snow Community, Kutokuhayashi Street;

  46. Jingang Boutique Hotel Area, Snow Community, Kutokuhayashi Street;

  47. Kutokuhayashi Street Snow Community Lhasa Xishang Hotel Area;

  48. Kutokuhayashi Street Snow Community Lazhong Area;

  49. Lanze Apartment Area, Snow Community, Kutokuhayashi Street;

  50. Kutokuhayashi Street Snow Community Home Inn Tibet Museum Store Area;

  51. Kutokuhayashi Street Snow Community Tibet Building Living Area;

  52. Yamei Ecological Home Area of Kutokuhayashi Street;

  53. Deji South Road, Cemenlin Community, Jibenggang Street;

  54. Shanshui Hotel Area of Cemenlin Community in Jibenggang Street;

  55. Yaowangshan Vegetable Market Area of Cemenlin Community in Jibenggang Street;

  56. Jibenggang Community Area in Jibenggang Street;

  57. Muru Community Area in Jibenggang Street;

  58. Hot Muqi Community Area of Jibenggang Street;

  59. Balangxue Community Area of Jiri Street;

  60. A large area of old Tibet in Hebalin Community of Jiri Street;

  61. RuiJ Hotel District, Hebalin Community, Jiri Street;

  62. Shunxing Cordyceps Market Area in Hebalin Community of Jiri Street;

  63. No.1 Middle School Area of Hebalin Community in Jiri Street;

  64. Jiri Community Area of Jiri Street;

  65. Tiebenggang Community Area of Jiri Street;

  66. Hada Binhe Garden Area of Bayi Community, Jinzhu West Road Street;

  67. Jiejiayuan District, Bayi Community, Jinzhu West Road Street;

  68. Jinzhu Garden Area, Bayi Community, Jinzhu West Road Street;

  69. Tibet Branch of Agricultural Bank of Bayi Community in Jinzhu West Road Street;

  70. Anjuyuan District of Bayi Community Municipal Corporation in Jinzhu West Road Street;

  71. Bayi Community Vocational School Area of Jinzhu West Road Street;

  72. Niwei Community, Dangba Community, Jinzhu West Road Street;

  73. Tianshun Community, Dangba Community, Jinzhu West Road Street;

  74. Xicheng Hongfa Anjuyuan District, Dangba Community, Jinzhu West Road Street;

  75. Anjuyuan Area in the western suburb of Dangba Community, Jinzhu West Road Street;

  76. Xiyuan District, Dangba Community, Jinzhu West Road Street;

  77. Danba Community Repair Factory Area of Jinzhu West Road Street;

  78. Ge Sang Linka Community, Jinzhu West Road Community, Jinzhu West Road Street;

  79. Geothermal Geological Brigade of Luodui Community, Jinzhu West Road Street;

  80. Duanlong Retirement Base Area of Luodui Community, Jinzhu West Road Street;

  81. Agricultural materials warehouse area of Luodui Community, Jinzhu West Road Street;

  82. Shengyu Binjiang District, Luodui Community, Jinzhu West Road Street;

  83. Tianyi Riverside Apartment Area in Luodui Community, Jinzhu West Road Street;

  84. Sunshine Home Area of Luodui Community, Jinzhu West Road Street;

  85. Luodui Community Mobile Company Area of Jinzhu West Road Street;

  86. Intercontinental Hotel in Lhasa Holy Land Paradise;

  87. Manxin Hotel Area, A Marinca Community, Liangdao Street;

  88. Sangshi Apartment Area in Jia Marinca Community, Liangdao Street;

  89. Shengma Square, Jia Marinca Community, Liangdao Street;

  90. East of Yangdao Road, Marinca Community, Liangdao Street;

  91. The area west of Yangdao Road, Marinca Community, Liangdao Street;

  92. Anjuyuan District, Xianzu Island Community Central District, Liangdao Street;

  93. Xianzu Island Ecological Community Area of Liangdao Street;

  94. East Substation Area of Daozang Hot Community in Najin Street;

  95. Gaji District 3, Daozang Hot Community, Najin Street;

  96. Najin Street Daozang Hot Community Low-rent Housing Area;

  97. Nijiyuan District, Daozang Hot Community, Najin Street;

  98. Yishenyuan District, Daozang Hot Community, Najin Street;

  99. Najin Street Daozang Hot Community Postal Village Area;

  100. Ping ‘an Driving School Area in Gaba Village, Najin Street;

  101. Jiarong Group 5, Jiarong Community, Najin Street;

  102. The second, third, fifth and sixth districts of Langsai in Jiarong Community, Najin Street;

  103. District 7 and 8 of Langsai, Jiarong Community, Najin Street;

  104. Anjuyuan Area of Tianlu Branch of Jiarong Community in Najin Street;

  105. The eighth Anjuyuan area in Najin Village, Najin Street;

  106. Wanda Area in the eastern suburb of Najin Village, Najin Street;

  107. Gangdui Community Area, Najin Village, Najin Street;

  108. Country Garden Area of Naru Community, Najin Street;

  109. Areas A and B of Chengguan Garden in Naru Community, Najin Street;

  110. Hongfani Shengfengyu District, Naru Community, Najin Street;

  111. Chama Residential Area in Tama Village, Najin Street;

  112. No.1 Dongcheng District, Tama Village, Najin Street;

  113. emerald bay District, Tama Village, Najin Street;

  114. Gongbutang Community Area, Tama Village, Najin Street;

  115. District 10 of Langsai, Tama Village, Najin Street;

  116. A large area of new Tibet in Tama Village, Najin Street;

  117. Yangcheng Square, Tama Village, Najin Street;

  118. North Area of Abalinka Community, Niangre Street;

  119. Cisongtang Community in Niangniang Street;

  120. Geological Garden Area of Cisongtang Community in Niangniang Street;

  121. The third residential area of Cisongtang Community in Niangniang Street;

  122. Mingzhuyuan Area in the snowy area of Cisongtang Community in Niangniang Street;

  123. Jisu Village, Niangniang Street;

  124. Gaerxi Village, Niangre Street;

  125. Renqincai Village Tibetan Medicine Factory Area in Niangre Street;

  126. Gajikangsa District, Renqincai Village, Niangre Street;

  127. Hongsheng Community Area, Renqincai Village, Niangre Street;

  128. Renqincai Mansion Area, Renqincai Village, Niangre Street;

  129. Xizang Autonomous Region Administration College Area;

  130. Xijiao Electric Power Community Area;

  131. Zhaxi Street Nizhuolin Community North Area;

  132. South Area of Nizhuolin Community in Zhaxi Street;

  133. Tuanjie New Village Community Area in Zhaxi Street;

  134. East of Sala Road, Xiongga Community, Zhaxi Street;

  135. West of Sela Road, Xiongga Community, Zhaxi Street;

  136. Zhaxi Street Zhaxi Community Zhaji Road North Area;

  137. Zhaxi Street Zhaxi Community Zhaji Road South Area;

  138. Zhaxi Street Zhaxi New Village Community Livestock Institute Anjuyuan Area;

  139. Hada Shopping Plaza in Zhaxi New Village Community, Zhaxi Street;

  140. Zhaxi Street Zhaxi New Village Community Hada Community Area;

  141. Zhaxi Street Zhaxi New Village Community Zhaxi New Village Area.

  (2) Duilong Deqing District [including Economic Development Zone and Liuwu New District]

  28 sealed control zones:

  1. North Area of Group 12 of Dongga Community;

  2. South Area of Group 1 and 2 of Dongga Community;

  3. Group 345 of Dongga Community;

  4. The first and second groups of Nanga Community;

  5. Group III and Group IV of Nanga Community;

  6. Group 567 of Nanga Community;

  7. The first and second groups of communities in Sang Mu;

  8. Group 345 of Sang Mu Community;

  9. Yangda area;

  10. Naiqiong area;

  11. Gangdelin area;

  12. Semanan area;

  13. Jiare area;

  14. Fudong site area;

  15. Jintai site area;

  16. Deji Kangsa Area in Economic Development Zone;

  17. Fengtai Industrial Park in Economic Development Zone;

  18. Xiangtiwan Area of Economic Development Zone;

  19. Qingyue Hotel Area;

  20. Tianfeng Xianghe Xiyuan Area;

  21. Sunshine New Town Area;

  22. Window of Lhasa;

  23. Fortune Plaza Area;

  24. Liuwu Building Area;

  25. Hailiang Area;

  26. Dunzhu Financial City Area;

  27. Chagu Formation in Liuwu Village;

  28. Deyang Village Area.

  5 high-risk areas:

  1. Yangda community 3 groups Pubuqi group;

  2. Yangda Community Stray Dog Reception Center;

  3. Ma Town is located in Xing Village;

  4. Talent apartment in Economic Development Zone;

  5. Plateau Electric Power Test R&D Center.

  2 middle risk areas:

  1. Xiangheyuan Community in Dongga Street;

  2. Ree Hotel in Minshan, Economic Development Zone.

  (3) Dazi District

  2 high-risk areas:

  1. Keri Village, Bangdui Township;

  2. Group 2, Zhangduo Village, Zhangduo Township.

  3 middle risk areas:

  1. Deqing Village, Deqing Town;

  2. Group 3, Luopu Village, Tangga Township;

  3. Group 1, Baga Xue Cun, Tajie Township.

  (4) Mozhugongka County

  4 high-risk areas:

  1. Group 2, Bangda Village, Nima Jiangre Township;

  2. Renduogang Village, Menba Township;

  3. Ladong Village, Tangjia Township;

  4. Dezhong Village, Menba Township.

  3 middle risk areas:

  1. Group 6 of Ge Sang Village, Gongka Town;

  2. Gaze Community in Gongka Town;

  3. Gongka Village, Gongka Town.

  (5) Linzhou County

  5 high-risk areas:

  1. Dangjie Formation in Dangjie Village, Bianjiaolin Township;

  2. Dongcun Dongzu in Kazi Township;

  3. Baiding Village, Songpan Township;

  4. Gamba Village, Songpan Township;

  5. Jiangxia Village, Jiangxia Township.

  3 middle risk areas:

  1. No.17 Ganqu Road, Ganqu Town;

  2. Relocation Group of Qugaqiang Village in Qiangga Township;

  3. Chujie Formation in Kadong Village, Chundui Township.

  (6) Qushui County

  6 high-risk areas:

  1. Groups 1, 2 and 5 of Xierong Village in Caina Township;

  2. Groups 1 and 4 of Caina Village in Caina Township;

  3. Lindui New Village, Caina Township;

  4. Group 4, Deji Village, Niedang Township;

  5. Groups 2, 3 and 5 of Redui Village, Niedang Township;

  6. Qushui Village, Qushui Town.

  2 middle risk areas:

  1. The area except Group 1 and Group 4 in Caina Village;

  2. The area of Deji Village except Group 4.

  (7) Nimu County

  6 high-risk areas:

  1. No.1 Renmin Road, Buildings 8, 9 and A;

  2. Happy Community, No.7 Happy Middle Road;

  3. Bagu Community, No.3 Bagu West Road;

  4. For example, Enze Neighborhood Committee, No.1 East Road;

  5. Group 2, Bagu Village, Tarong Town;

  6. No.40 Renmin Road.

  2 middle risk areas:

  1. Group 2 of Tarong Village, Tarong Town;

  2. No.38 and No.42 Renmin Road.

  (8) Dangxiong County

  6 high-risk areas:

  1. Group 1 of Guoni Village, Wumatang Township;

  2. Group 4 of Haoru Village, Wumatang Township;

  3. Sambasa Community in Yangbajing Town;

  4. Dangquka Town County TV Station East Residential Building;

  5. The Fourth Squadron of Dangqu Camp in Dangquka Town;

  6. Rado Village, Yangbajing Town.

  5 middle risk areas:

  1. Groups 1, 2 and 3 of Haoru Village, Wumatang Township;

  2. Groups 2, 3, 4 and 5 of Guoni Village in Wumatang Township;

  3. Nalong Village, Wumatang Township;

  4. Dunling Village, Ningzhong Township;

  5. Group 6, Guoni Village, Wumatang Township.

  Since August 31st, Group 3 in Luopu Village, Tangga Township, Dazi District, Group 1 in Baga Xue Cun, Tajie Township, Chujie Formation in Kadong Village, Chundui Township, Linzhou County, and No.38 and No.42 Renmin Road, Nimu County have been reduced to medium risk areas. Group 2 of Huode Village, Xumai Township, Nimu County was reduced to a low-risk area.

24 hours of CDC guards

Since October, COVID-19 epidemic has occurred in Lanzhou, Tianshui, Zhangye and other cities in Gansu Province, and a disease prevention and control center of the Joint Logistics Support Force has quickly entered an emergency state. The officers and men of the Joint Logistics Disease Control Service have taken the lead and shouldered heavy burdens, undertaking a lot of work such as epidemic monitoring, epidemic judgment, nucleic acid sampling and laboratory testing.

In this battle without smoke, what have the officers and men of disease control experienced? Let’s follow the camera to understand their 24-hour daily life.

01

AM 08:30-9:00

Conduct by reacting swiftly to commands

Meet the nucleic acid detection requirements of resident troops

Lead the team to assign tasks and organize personnel.

The nucleic acid sampling group loads the materials and embarks on the train.

Depart early in the morning

02

AM 09:00-PM 16:00

Cooperative sampling

The sampling team leader is on the way.

Clear division of tasks

Put forward protection requirements

Team members arrive at the sampling site.

According to the grouping and division of labor, it will be carried out in an orderly manner.

Input information


nucleic acid testing

03

PM 16:00-17:00

Urgent inspection


Sample packaging

"Urgent, urgent!"

More than 2000 samples have been collected.

Start packaging immediately.

Sampling personnel first put the virus sampling tube with swab.

After disinfection, put it into a self-sealing bag.

Disinfect again and put it into a safety can.

Loading into biosafety transfer box

negative pressure ambulance

Avoid dense crowds and plan the best route.

Send it to the laboratory through the safe channel at the first time.



Safe transshipment

04

PM 17:00- AM03:00 the next day

Overnight detection

Laboratory test

Nucleic acid testers are armed to the teeth.

Go into battle in groups of three.

Pick-up personnel to receive samples

Arrange the sample, shake and mix evenly.

System staffing system, nucleic acid amplification (PCR)

Read the results and report the results

Only the instruments are ticking in the quiet camp.

Recording another sleepless night for CDC guards.

Take a sample

Nucleic acid amplification

05

The next day AM 03:00-03:45

Kill completely

"manage the sky, manage the ground, and manage the air in the middle."

Xiaosha players often say this.

Sample testing is complete.

But the work is far from over.

Kill the team and pick up the spray gun.

Eliminate laboratory viruses completely.

Create a first-class platform

Guarding the biological safety of troops

Sample packaging


Kill completely

06

The next day AM 03:45-07:30

Check entry

After receiving the results of laboratory test data

Staff on duty carefully check personnel information one by one.

Ensure that the sampling information of more than a thousand people is accurate.

Report to CDC leaders for approval overnight.

Information entry team with the fastest speed

Upload client

Nucleic acid detection and certification system

Ensure that the detection object

The first time on the phone.

Inquired about the nucleic acid detection result.

Check the input results

07

The next day AM 7:30-08:30

A new battle

With the rising of the morning sun

A hectic day is about to begin again.

Disease control guards

Continue to fight for a new day.

No epidemic days.

Disease control guards "prevent" with heart

During the epidemic, the CDC guards fully "controlled"

Build up for the resident troops

A solid fortress of war "epidemic"

Silently guarding

Health and safety of officers and men

Distribute protection publicity materials