Deleveraging and heavy cash flow, CIMC Industrial City recovers 2,534 billion yuan

The Zhitong Finance App learned that recently, CIMC Group (02039) announced that the joint venture CIMC Industrial City (45.92% shareholding ratio) successfully sold the Qianhai project. CIMC Industrial City is the top 8 enterprise with comprehensive strength as a new industrial city operator. It successfully recovered 2,534 billion yuan in capital by revitalizing the CIMC Qianhai International Center East Tower, a core project in Qianhai, Shenzhen. This sale accurately fits the company's “debt reduction and structural adjustment” strategy, providing a benchmark case for industry deleveraging and stabilizing cash flow.

According to reports, the CIMC Qianhai International Center has a total construction area of 460,000 square meters. It is an industry-city integrated complex built on a double subway, covering various business formats such as super-high-rise offices and single-family headquarters. It has now been delivered in batches and has formed an industrial agglomeration effect. CIMC Industrial City has now sold the entire asset of Zhongdong Tower and completed revitalization, which not only avoided the risk of long-term asset deposition, but also quickly realized the asset value.

This return of capital is the result of the implementation of CIMC Industrial City's “steady management” concept. The recovered funds will mainly be used to optimize the financial structure and supplement liquidity. Relevant officials said that this move has effectively reduced the level of corporate debt, enhanced resilience to risks, and laid a solid foundation for steady subsequent operations.

In the context of the real estate industry shifting to improving stock quality, CIMC Industrial City is actively revitalizing its core assets, which not only responds to national policy guidelines, but also provides a replicable practical path for similar enterprises to deleverage and stabilize cash flow.