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abercrombieeandfitchparis.com China Railway Group
  ;  ;COFCO ,administration ,and a large central enterprises brewing turned .On May 21st, national endowment appoint official website of a news that the China Railway Engineering Group Co.
Ltd ( hereinafter referred to as ,China Railway Group ) recently established China Railway Group home ( abbreviation iron home) ,to the integration of engineering system for all real estate resources ,the group listed as a whole to pave the way for .
China railway investment sources, iron home mode is the merger through absorption of iron group real estate resources to achieve its asset scale rapid expansion .According to the China Railway Group public information ,group of many subsidiaries such as China Railway two bureau ( 16.
92 ,abercrombie and fitch,-0.38 ,-2,jordan.20% ) ,four Bureau ,abercrombie france,Bureau seven subsidiaries the hands of a considerable size of the resources of the real estate, only two bureau of China railway control Real Estate Company quantity there are 10 more than 100 billion in assets .
And in the end ?An involvement of iron in their strategy planning research expert aircraft carrier to describe this as the integration of engineering system all the real estate business .
The company .Reporter noted that,abercrombie outlet, by the end of 2005 ,China Railway Group Assets of 101400000000 yuan ,the turnover of nearly 300000000000 yuan ,has 31 subsidiaries .In the home is the predecessor of China Railway Group in February invested 600000000 yuan to set up the China Railway Investment Company limited .
Only the establishment of more than 2 months ,China Railway Group is the group real estate ownership transferred to the iron home ,make it in the year 5 early subsidiary of number 6, with the establishment of group size .
Iron home in the parent company within the function and COFCO COFCO Property ( 27.88 ,-0.81 ,-2.82% ) are not comparable . The involvement of iron in their strategic planning research experts suggest ,however ,China Railway Group in order to achieve the real estate business in the overall listing of this point ,and COFCO is similar .
China Railway Group would like to take home to achieve iron resources for the rapid integration ,to meet the overall market demand .But after the listing ,in home the loose management mode is more like Chengtong Group Asset Management Co,moncler, rather than professional real estate development enterprises .
Insiders pointed out that in the future ,actively participate in market competition ,focus on financial and material resources to complete a project development .Dylan expresses about the personage ,because of China Railway Engineering Group within the land reserve and Real Estate Company is very fragmented ,and the resources around quality is a core enterprise ,tried to take the first rapid acquisition ,and then slowly digest way to integrate engineering system in real estate resources .
From the iron home its business structure, is more similar to the integrated real estate development enterprise ,not just professional real estate development company .Iron in the current home preliminary integration and share subsidiary is not only in the real estate development enterprises ,and real estate Broker ,Consultants Co ,hollister online shop,investment in real estate marketing planning company business structure .
Analysis of the industry ,the China Railway Group initiated the establishment of China Railway Group home ,short main intentions in as soon as possible to integrate within the group of real estate business ,as soon as the group service realizing ,paving the way for the overall listing .
According to the sources ,the iron home integration engineering within the group of real estate resources model is the basic administrative transfer and acquisition .For Group Holdings Real Estate Company take more direct transfer ownership to iron home ;for group holding strength slightly ,and real estate resources and particularly good enterprise does not exclude capital acquisition is achieved by means of integration .
group with real estate asset conference in the form of continuous call real estate business subsidiaries ,and coordination ,so that the real estate business will be transferred to the China Railway Group home .
A person familiar with the matter said .In the interview, China Railway Group and China Railway property concerned told reporters that China Railway Group within the system ,the future of all the resources of the real estate will be put in home .
Although this action than in metallurgical ,construction of center look forward to already late ,but with the group Dongfeng ,iron home is likely to achieve China Railway Group within the estate resource integration .
Southwest Securities one analyst pointed out ,in fact in recent years the construction industry average profit rate has declined, with the China Railway Engineering Group under the China Railway two Bureau operating results in 2006 ,2006, the company completed the main business income 13344086500 yuan ,than going up year of growth 57.
80% ;main business profit 796090400 yuan ,representing an increase of 32.84% ;realize a net profit of 101113400 yuan ,than going up year of growth 29.29% ,hollister.Although the company income amplitude is bigger ,but the profits did not get up .
The main reason is the aggravation of the market competition ,especially the price competition leads to low level of construction industry economic benefits .At the same time ,as a result of the architecture industry market is not standardized ,to the enterprise financing pressure, increased the difficulty of management .
According to insiders ,abercrombie,China Railway Group that is currently the domestic railway construction climax period ,if the group during this period did not develop new profit growth point, to be after this period ,group management is likely to fall into a passive .
Through overall listing realize resource allocation from 3 to start late ,iron home company undertook equity grant and the establishment of a new company work .To April 25th this year ,China Railway Group Holdings of China Railway Huafeng ( Beijing) Real Estate Development Company Limited ,Nakatetsu Kotoyo & Company Limited ,Shenzhen City, China Railway Yongfeng Investment Development Company Limited and the Shanghai railway universal real estate company four Real Estate Company by the China Railway Group shares shall be transferred to the China Railway property development limited company ,all to handle industrial and commercial change of registration ,while new Shanghai Railway North Investment Development Limited company and Beijing railway in new business investment adviser Ltd.
two holding subsidiaries ,has Holdings subsidiary company 6 .As a result of China Railway Group SASAC designated 14 home real estate business of central enterprises ,air jordan,not only in home commitment to integrate China Railway Engineering Group within the system all the real estate business ,more likely to be integrated with other large central enterprises by peeling off the estate business function .
The authorities apparently iron in home design development mode .According to press reports ,China Railway Investment in the capital market will achieve cross jump type .Insiders said ,set up to one year in the home is likely to increase as the parent company listed into the capital market ,for its future use capital lever buys the engineering system as well as other central enterprises of real estate business of great benefit ,Hollister Deutschland.
The source further revealed ,China Railway property assets is expected to put in the domestic A share market .The whirling is, China Railway Group subordinate real estate business the strongest subsidiary of China Railway two bureau ( 600528 .
SH ) in the parent company overall listing fate will how? On the basis of the relevant provisions ,unless a special permit ,a subsidiary to avoid competition ,but the present China Railway two bureau of business and China Railway property serious coincidence ,competition phenomenon is evident .
Not long ago, China Railway two bureau was directed through the issuance of raised about 1500000000 yuan will be two bureau of China Railway Group, the 7 Real Estate Company business into a listing Corporation .
According to Societe Generale Securities an analysis report showed that ,additional orientation is completed two bureau of China Railway Real estate business scale of income in the next two years will reach 3600000000 yuan and 5400000000 yuan ,the main business income accounted for half of the country .
Currently being studied ,hollister,it is uncertain . Dylan expresses about the personage ,the company was founded more than 2 months ,everything is still in preparation ,the future and the two bureau of China Railway Real estate business competition problems no conclusion .
A person familiar with the situation told reporters ,in home the future with two bureau of China Railway Real estate business competition does not exist ,since the establishment of China Railway Group home is to use iron home control and integration of China Railway Engineering Group all subordinate company of estate of resources,hollister, including the two bureau of China railway .
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