Deleveraging, focusing on cash flow, CIMC Real Estate recovers 2.534 billion.

Recently, China International Marine Containers (02039) announced that its joint venture company CIMC Property (holding a 45.92% stake) successfully sold the Qianhai project. CIMC Property is a top 8 comprehensive strength industrial new city operator, and through the revitalization of the core project in Qianhai, the CIMC Qianhai International Center East Tower, successfully recovered 15.34 billion yuan. This sale precisely fits the company's strategy of "deleveraging and adjusting structure," providing a benchmark case for the industry to deleverage and stabilize cash flow. It is reported that the total construction area of CIMC Qianhai International Center is 460,000 square meters, serving as an integrated complex above two metro lines, covering multiple formats such as high-rise offices and standalone headquarters. It has already been delivered in batches and formed an industrial aggregation effect. CIMC Property has achieved the full asset sale of the East Tower this time, completing the revitalization, avoiding the risk of long-term asset sedimentation, and quickly cashing in on asset value. The funds recouped this time are the result of CIMC Property's concept of "prudent operation." The recovered funds will be mainly used to optimize the financial structure and supplement liquidity. Relevant officials stated that this move effectively reduces the company's debt level, strengthens its risk resistance, and lays a solid foundation for future steady operation. In the context of the real estate industry shifting towards improving the quality of existing assets, CIMC Property actively revitalizes its core assets, not only responding to national policy orientation but also providing a replicable practice path for similar enterprises to deleverage and stabilize cash flow.