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Chaozhou Intelligent Bathroom “Benchmark Project” Costing Tens Of Billions, The Number Of Completed Residential Real Estate Sets In 2021 Will Exceed 11 Million Sets

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Industry information

Chaozhou intelligent sanitary ware “benchmark project” costing tens of billions of development prospects

In March, in Chaozhou City, Fengquan Lake High-tech Zone, the intelligent sanitary ware (Chaozhou) Industrial Park factory is busy. In the first phase of the project, the “intelligent factory” machines are roaring and the automatic “black technology” equipment is running non-stop; in the second phase of the project, the construction site is in full swing and the construction scene is in full swing ……

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From land acquisition and construction to trial production, the first phase of the project only took less than 9 months. The ten billion dollar “benchmark project” not only ran “Chaozhou speed”, but also refers to the “world’s largest and most advanced” bathroom products manufacturing plant, the overall annual production capacity will reach 5 The overall annual production capacity will reach 5 million pieces (sets) of intelligent sanitary products.

Source: South Daily


Red Star Macalline with 50 soft furnishing brands released the first industry convention

March 10, in Shanghai Red Star Macalline Wuzhong Road shopping mall, initiated by Red Star Macalline, the joint China Building Decoration Materials Association, China Paint Industry Association, Shaoxing City, Keqiao District Wall Cloth Chamber of Commerce, and nearly 50 soft furnishing brands jointly released the first “soft furnishing brand joint convention. Liang Haisheng, Chairman of China Paint Industry Association Artistic Coating and Painting Branch, said that the current annual growth rate of the industry has reached about 30%, which brings unprecedented opportunities and challenges to all soft furnishing enterprises.


Villeroy & Boch terminated the acquisition of Ideal Standard

On the evening of March 18, Villeroy & Boch AG announced through its official website that it will no longer negotiate with Ideal Standard International on the possibility of an acquisition. Villeroy & Boch did not explain this result in the announcement, but only added that it will continue to ensure the Group’s continued profitable growth through the acquisition of other high-quality assets. Ideal Standard International, which is owned by CVC Credit Partners and Anchorage Capital, has annual revenues of 760 million euros (5.9 billion yuan) and 9,000 employees. Villeroy & Boch 2020 has revenues of €800.9 million (RMB 6.2 billion) and 7,100 employees. It can be said that the two companies are on par in terms of scale.

Source: Kitchen and bathroom information


Hunan Province: the comprehensive utilization rate of construction waste resource utilization will reach 40% in 2021

March 17, Hunan Province issued a “notice on the pilot work of construction waste management and resource utilization of counties (cities and districts)”, decided in Changsha City, Yue Lu District, Changsha County, Henan County, Liling City, Xiangxiang City, Shaodong City, Miluo City, Anxiang County, Taojiang County, Guiyang County, Zero Leng District, Hecheng District, Xinhua County, Jishou City and other 14 counties (cities and districts) to start the pilot. By the end of 2021, the pilot counties (cities and districts) should initially establish a full life cycle management system for construction waste, build a number of construction waste resource utilization demonstration projects, identify a number of source reduction demonstration projects, construction waste declaration and approval rate, collection and transportation rate, safe disposal rate strive to reach 100%, the comprehensive utilization rate of construction waste resource utilization rate of 40%.

Source: China Building Materials News


Huida Sanitary Ware to grant 4.72 million restricted shares to 94 incentive recipients for the first time

On March 17, Huida Sanitary Ware (603385) announced that the twenty-second meeting of the fifth session of the Board of Directors held on March 17, 2021 considered and passed the “Proposal on the first grant of restricted shares to incentive recipients” and determined that the first grant date of this incentive plan of the company is March 17, 2021. The number of initial grant is 94, the number of initial grant is 4.72 million shares, and the grant price is RMB5.72 per share.

Source: Globodyne


Data Analysis

The number of completed residential real estate units will exceed 11 million units in 2021, and the penetration rate of full renovation (fine decoration) will increase significantly

According to the monitoring data of Aowei Cloud Real Estate Big Data Project, the completed area of residential real estate in 2021 is expected to exceed 1.257 billion square meters, and the completed units of residential real estate in 2021 will exceed 11 million units according to the measurement of the completed delivery area of each city.

In the decoration structure of the completed area of residential real estate in 2020 and 2021, the share of fully furnished (finely decorated) is over 50%, compared with 2018 (42.2%) and 2019 (42.7%), the share of fully furnished (finely decorated) has increased significantly, while the share of rough housing has continued to decline since 2018 and is expected to be less than 20% in 2021.

From the analysis of city level & decoration structure, we know that the share of fully furnished (finely decorated) in completed floor area of residential properties has reached 21.9% in 2020 and is expected to reach 25.4% in 2021 in second-tier cities.

Based on the statistical dimension of data on December 31, 2020, the second-tier cities will become the main battlefield of the new round of residential completion in 2021, with the share of completion scale reaching 47.8%. It is expected that the completed area of TOP20 cities will reach 480 million square meters in 2021, accounting for 38.6% of the overall residential completion scale, with Wuhan, Chengdu and Chongqing leading the TOP3 completed cities.

Source: Aowei Cloud


Australia’s construction industry performance index fell to 57.4 in February 2021

On March 3, the Australian Industry Group released data showing that the Australian Construction Industry Performance Index fell 0.2 percentage points to 57.4 in February 2021, driven by residential construction activity, continuing to be in the high range of expansion. All four major construction industry sectors are above the boom and bust line. Apartment construction moved into expansionary territory for the first time since February 2018 (up 21.1 to 66.7), and house building reached a record high (up 10.2 to 75.5). Commercial construction (down 8.0 to 54.5) and engineering construction (down 0.5 to 52.8) continued to recover, but the rate of growth weakened. The report noted that the construction industry continued to recover in February, building on the strong rebound first seen in October last year.

Source: Foshan Ceramics


2021 China’s top 100 real estate companies research report

In 2020, the top 100 companies total sales, sales area reached 109,771.6 billion yuan, 796,347,000 square meters, an increase of 12.8% and 11.6%, growth rates were higher than the national increase of 4.1% and 9% over the same period. 2020, the top 100 companies sales market share rose to 63.2%. Among them, the comprehensive strength of the TOP 10 enterprises sales market share of 27.5%, an increase of 0.9% over the previous year.

From the sales of key projects of the top 50 Top 100 representative enterprises, the sales share of first-tier cities increased slightly by 1% to 15.3% compared with the previous year; the sales share of third and fourth-tier cities increased by 0.8% to 41.6%.

In the sales structure of the top 50 enterprises, the five major city groups accounted for 71.8% of the total sales, up 2.3% year-on-year. Among them, the Yangtze River Delta had the highest sales share of 30.9%, followed by the Guangdong, Hong Kong and Macau Greater Bay Area, accounting for 17.2%.

The operating income and net profit of the top 100 enterprises in 2020 maintained their growth trend, with a slower growth rate than the previous year. The average value of operating income of the top 100 enterprises reached 59.69 billion yuan, and the average value of net profit reached 7.15 billion yuan, representing year-on-year growth of 18.3% and 9.8%, respectively, with growth rates of 2.8% and 4.4% less than the previous year.

Under the influence of the “three red lines”, the top 100 enterprises actively reduced their debts, but the debt level was still at a high level. 2020, the average value of the asset-liability ratio and the average value of the asset-liability ratio after excluding pre-receivables of the top 100 enterprises were 78.7% and 70.9% respectively, down 0.7% and 0.9% from the previous year, and the average value of the net debt ratio was 94.6%, down 9.6% from the previous year. The average net debt ratio was 94.6%, a decrease of 9.6% from the previous year.

Source: CMI Research Institute



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