\u3000\u3 Guangdong Shaoneng Group Co.Ltd(000601) 155 Seazen Holdings Co.Ltd(601155) )
Core view:
In 2021, the Seazen Holdings Co.Ltd(601155) “residential + commercial” dual wheel drive strategy continued to deepen. In terms of residential development business, adhering to the regional deep cultivation standard of “mature market share of more than 10%, deep market share of more than 20% and thorough market share of more than 30%, the sales volume in 2021 was 233.78 billion yuan, the overall sales remained stable, and the land investment complied with the market changes. In the first half of the year, it took advantage of the trend, went ahead with investment and marketing, and resisted the trend and expanded the land cautiously in the second half of the year. In terms of commercial real estate, the commercial operation income is growing rapidly, the benchmark project Wuyue Plaza is still in the expansion stage, and the territory of “100 cities and 100 stores” continues to expand. Benefiting from the stable collection of residential sales and the continuous cash flow of commercial operation income, the financial situation of the enterprise remains stable under the tight liquidity of the industry, the open market debt risk is generally controllable, the financial structure is optimized, and the three red line indicators turn green.
