Vantone Development Strategically Shrinks Real Estate Business, Net Profit Increases 263% in 2021_Oriental Fortune Net

On the evening of April 15th,Wantong DevelopmentPublish the 2021 Annual Report,Operating income813 million yuan; attributable to listed companiesshareholdernet profit184.8243 million yuan, an increase of 263.35% over the same period of the previous year. During the reporting period,Wantong DevelopmentIn terms of profitability, asset quality, revenue model, resource distribution and other aspects, it has shown a continuous and positive development trend.

In 2021, in the face of the economic pressure and complex industry situation brought about by the epidemic,Wantong DevelopmentContinue to strategically shrink the traditional real estate business.At the same time, closely follow the market trends, stimulate the vitality of the company, integrate new enabling resources, in addition to the stable operation of the main business, urban renewal and operation, as well as digital economy, industrial investmentfundOther business types dominated by platforms have also ushered in a new stage of development.

Vantone Development stated that the company will adhere to the concept of “New Vantone, New Empowerment, New Development”, focusing on “new city“The development strategy aims to achieve high-quality and sustainable urban development, with “urban research + top-level design” as the core, “urban renewal + industrial consumption upgrade” as the carrier, and “digital technology + smart low-carbon” as the driving force, From the perspective of creating a model of happy urban aesthetic life, taking the city as the main body,new cultureFocusing on the consumption of characteristic industry content, promoting industrial upgrading with technology and green as the driving direction, aiming at sustainable development and starting from market-oriented operation, we are committed to becoming an urban operation expert focusing on urban content update and technology empowerment .

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)

Article source: Shanghai Securities News China Securities Network

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Original title: Strategically shrinking real estate business Vantone Development’s net profit in 2021 to increase by 263%