Yuexiu Real Estate: Subsidiaries apply to the China Securities Regulatory Commission and the Shanghai Stock Exchange for registration of public issuance of corporate bonds.
Yuexiu Real Estate announced that the issuer, Guangzhou Urban Construction Development Co., Ltd., has applied to the China Securities Regulatory Commission and the Shanghai Stock Exchange for the registration of public issuance of corporate bonds and listing on the Shanghai Stock Exchange. As of March 31, 2025, the unaudited consolidated financial information of the issuer includes cash and cash equivalents of 33.694 billion RMB, accounts receivable of 5.86 billion RMB, and inventory of 191.838 billion RMB.
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