On December 4, Junfa Group's WeChat *** released a message that on November 30, the Junyunfeng project ushered in the third delivery of this year, with 1,485 households (literary academy). The first two deliveries completed by the project this year were: 1,297 households in March (1,322 households in Liqin Xuanyue (Huaibiyuan). According to statistics, from January to November, Junfa has completed the delivery of 15,781 households, with a delivery area of 2.46 million square meters.
In addition, from December 5th to December 14th, the second phase of Junfa Guanyunhai Yunzhong Garden ushered in the delivery, with a total of 5 buildings of 1,965 residences and ground floor merchants to be delivered one after another.
Junyunfeng Academy **Junfa Group's official WeChat.
Since March of this year
A number of Junfa projects resumed normal sales
This year, many of Junfa's projects have entered the delivery period. According to the news released by the official WeChat, the projects developed by Junfa such as Yulong Bay Linquan Yayuan, Caiyun City Danwan, Caiyun City Qingwan, Guanyunhai Zhongyuan Phase II, Songshan Valley Phase I and other projects have recently carried out site opening and owner communication activities, and answered questions and doubts from owners. As a local real estate company in Yunnan, Junfa has developed a number of real estate projects in Kunming and has participated in many urban reform projects. However, since the financial crisis, Junfa has withdrawn from urban reform projects such as Chuanfang Village in Xishan District, Shadi Village in Xishan District, and Puzi Village in Guandu District.
Junyunfeng Academy **Junfa Group's official WeChat.
Since the beginning of this year, Junfa has been actively resuming work and delivery, and the project has also resumed normal sales since March, including Junshangfeng, Junyunfeng, Junfa City, Caiyun City, Shengtang City, Guanyunhai, Longquan Junyuan, Sunshine Junyuan, Ecological Peninsula, Yulong Bay, Yitianfeng, Airport City, etc. The products on sale include residences, apartments, parking spaces, office buildings, etc. It is worth mentioning that some of Junfa's undeveloped or suspended plots have also found new investors, such as the original Junyunfeng A3 plot introduced into the central enterprise Oriental Assets, and Longfor Longzhi is responsible for construction management and marketing services as the agent builder. At present, it is sold under the name of "Longfor Qingyunfu". Junfa Future City was taken over by Ping An Real Estate, and Gemdale was introduced to build houses on behalf of the project, and the current project is called "Gemdale University Masterpiece", the new sales department is being renovated, and the construction site that has been suspended for a long time has also started again. It is understood that the project will restart sales in the near future.
Junfa: Ensure that the project is delivered in accordance with quality and quantity
Both the owners and the market are concerned about Junfa's recent movements. According to the news released by Junfa's official WeChat, on October 20, the debt restructuring coordination meeting of Junfa Group was held in Junfa Center, and 9 financial institutions that intend to participate in the restructuring participated in the meeting and discussed the details of the debt restructuring plan to further promote the debt resolution work of Junfa Group. At the meeting, creditors expressed their understanding and support for the company's debt restructuring plan, and expressed their stance to strive for approval as soon as possible and accelerate the implementation.
Songshan Valley Phase I**: Junfa Group.
In terms of guaranteed delivery, in view of the current situation of the large volume of projects delivered this year, Junfa officially launched the "Quality Heart Delivery" project inspection action in September this year, and comprehensively commented on the project delivery progress, delivery risk, delivery quality, delivery experience, etc., and checked and filled in the gaps to ensure that the project was delivered according to quality and quantity.
In terms of existing home sales, Junfa's performance has gradually recovered since the resumption of sales in March, which can stabilize part of the cash flow.
According to the news, all the sales proceeds will be entered into the account of the first supervision to ensure that the money is invested in the follow-up construction of the project and go all out to ensure delivery. The project of reopening the sales department has ensured that the renewal funds are fully in place to support the subsequent development and construction.
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