In the past few years, privately-ownedReal estate enterpriseshas been dominating the marketBihengWan Rong HeCountry Gardenand other enterprises are among the best. However, in 2023, this will change, according to the latest data released by CRICPoly DevelopmentIn the first 11 months of this year, the sales amount was 399.5 billion yuan, exceedingVankeBecome the new "first largest in the universe."Real estate enterprisesPoly DevelopmentAs state-ownedReal estate enterprises, has always been a strength not to be underestimated. Founded in 1992Poly Real Estate, due toMilitaryIn the background, the sales performance was once quite outstanding. Since the completion of the shareholding system transformation of the enterprise,Poly Real EstateBegan to fully lay out the domestic market and went public in 2006. Although in the private sectorReal estate enterprisesThe Rising Era,Poly Real EstateAt the forefront, but in "BihengWanrong" era was squeezed out of the top four. However, in 2021 privately-ownedReal estate enterprisesIn the situation of successive thunderstorms,Poly DevelopmentBucking the trend, rising steadily in the rankings, and reaching the top of the "Universe No. 1" in 2023Real estate enterprisesPoly DevelopmentIt is a stable state-owned enterprise, although it is also involved in property, cultural tourism, hotel apartments and other businesses, but its main business is still mainly real estate. The company's debt ratio is relatively low in the first three quarters of 2023Poly Developmentrevenue and net profit increased by 23% year-on-year10% and 133%。In the private faucetReal estate enterprisesAgainst the backdrop of widespread losses, it can be said that such a result can be said to be quite good. Foreseeably in the coming years,Poly DevelopmentIt is likely to be stableReal estate enterprisesThe first position in sales, its business scale will also be further expanded.
Poly Developmentof the parent companyPolyThe Group is one of the state-level state-owned enterprises, and its business is far from limited to the real estate sector. PolyThe group is inReform of central enterprisesand gradually improved its own strength in the reorganization. Since 2017,PolyThe group has successively merged China Light Group Corporation and China National Technology Group Corporation. Subsequently, in 2019, it was merged into China Silk Silk Group*** and China CEFC Post and Telecommunications Technology***, and in 2020, it acquired Shanghai Nokia Bell Co., Ltd. againPolyThe group has nine major businesses, including real estate, military trade, light industry, technology, culture, civil explosives, silk, communications, finance, etc. Among them, the light industry business is based on China Light Industry Group, including papermaking, food, daily chemicals, leather and other fields. The craft business includes the development and sales of jewelry, as well as the ownership of brands such as "China Jewelry". PolyThe group also operates a cultural business, which ownsPolyTheaterPolyAuctionsPolyPictures and other institutions. And the most striking thing isPolycultural businesses, which include auctions, theater and film businesses. PolyIn 2000, the group purchased the cultural relics of the Old Summer Palace, "Ox Head" and "Monkey Head", and later purchased the "Tiger Head", doing its best to prevent these national treasures from being lost overseas. In addition,PolyThe group is also a leader in the fields of civil explosives, silk, communications and finance. These diverse businesses make it possible:PolyThe group has been among the world's top 500 companies for many years, and in 2023, it was listed in the "Wealth》Ranked 191st in the world's top 500, with a revenue of 6769$5.9 billion.
PolyAs a central enterprise full of mystery, the establishment of the group originated from the needs of the country. As early as 1983, with the approval of the *** and ** Military Commission,PolyScience and technology was born, and the meaning of its name is "to protect the country and benefit the people". At that time, our country was carrying out a large-scale downsizing of the armed forces, and how to properly handle the huge armament became an urgent problem to be solved. PolyTechnology was created to solve this problem. Therefore,PolyThe Group's initial main business was:MilitarySales of products. PolyThe group has made outstanding contributions to China's national defense diplomacy and the modernization of military equipment technology, and has ranked among the top three in China's first-class trade industry for 16 consecutive years. Reform of central enterprisesand in the process of reorganization,PolyThe strength of the group continues to improve. Not only that, inPolyA series of strategic layouts and national missions can also be seen in the development of the group. PolyEvery step of the Group's development choices is designed to serve the needs and strategies of the country. This is the same as other central enterprises, which are responsible for protecting the countryEconomyThe vital mission of Lifeline.
PolyThe group is state-ownedReal estate enterprisesPoly DevelopmentThe parent company has a diversified business and is not just a leader in the real estate sector. theMilitarybackground and long-term contributions to the cause of national defense diplomacy makePolyThere is a certain mystery to the group. In the past few years, privately-ownedReal estate enterprisesSuccessive rises,Poly DevelopmentIt was gradually squeezed out of the top four in the competition, but in 2021 it was privateReal estate enterprisesIn the case of a thunderstorm,Poly DevelopmentRise against the trend and become the new "No. 1 in the universe" in 2023Real estate enterprises”。Solid operation and diversified business make it possiblePoly DevelopmentAble toReal estate enterprisesand is expected to continue to expand its business in the future. For central enterprises, stability and national mission are one of their characteristicsPolyAs a state-level central enterprise, the Group's business is not only limited to the real estate field, but also involves many fields, including light industry, military trade, culture, etc. PolyThe establishment of the group stems from the needs and strategies of the country, and has always been for the countryEconomyand social development. PolyThe success of the group also reflects the state-owned enterprises in the countryEconomyAn important position and mission in the lifeline realm. Overall, state-ownedReal estate enterprisesThe rise and private sectorReal estate enterprisesof the decline, as wellPoly DevelopmentThe rise of the company reflects the changes in China's real estate market and the strength of state-owned enterprises.