Investor Presentaiton
GBA urban redevelopment benchmark
Known as one of "Four GBA Dragons", Aoyuan has made early foray into urban redevelopment with abundant talents, experience & resources.
Aoyuan is ranked among the "Top 8 China Real Estate Developers in Urban Redevelopment in 2021"
Aoyuan has over 70 urban redevelopment projects at different phases with planned total saleable resources of approx. RMB754.3bn,
of which RMB748.7bn are located in GBA, accounting for 99%. Urban redevelopment projects can not only enrich landbank, but also generate profit through
primary and/or secondary development, as well as disposal of interest at project level, leading to stable profit margins and promising profit visibility
Estimated total saleable resources: RMB754.3bn
By saleable resources
Old factory &
old town
3%
Others
1%
Central
&
Xi'an, Shaanxi
Changsha, Hunan
Western
China
Old
village
97%
GBA
99%
Guangzhou
Shenzhen
Dongguan
Greater
South
China
Bay
Area
Zhuhai
Foshan
Qingyuan, Guangdong
Meizhou, Guangdong
Nanning, Guangxi
Accelerating conversion of urban redevelopment
Enriching landbank with quality resources
Urban redevelopment layout in major cities in Greater Bay Area
Chancheng Shen Village
Chancheng Qingke Village
Nanhai Liantang Village
Nanhai Yu Village
Nanhai Shinan Village
Shunde Renhai Village
Shunde Fuyou
Est. saleable
resources:
RMB152.6bn
Foshan
A
Huangpu Wang Village
Huangpu Wenchong
Huangpu Xintian
Huangpu Jiali Pier
Panyu Nitrogen Plant
Panyu Nanting Village
Huadu Dadong Village
Huadu Guanxi Village
Zengcheng Nanbo Village
Zengcheng Shangshao Village
Zengcheng Henglang Village
Zengcheng Fengyuan Chemical Plant
Liwan Donglang Village Nansha Honghu Village
Baiyun Xinke Village
Est. saleable
resources:
RMB308.3bn
Guang
zhou
(RMB bn)
100
Converted Expected to be converted
82.0
Xiangzhou Cuiwei Village
Xiangzhou Shuiwengkeng
Xiangzhou Gongbei Guanzha & Gaosha Village
68.0
Xiangzhou Anlian Road
52.0
Gaoxin Xiazha
40.0
40.0
50
Pingsha Aoyuan Plaza
82.0
26.5
68.0
Doumen Royal Park
52.0
Est. saleable
resources:
RMB48.2bn
Zhuhai
40.0
13.5
0
2020
2021E
2022E
2023E
2024E
·
Est. saleable
Dong
guan
resources:
RMB183.8bn
Shen
zhen
Est. saleable
resources:
RMB55.8bn
In 1H2021, converted saleable resources from urban
redevelopment of approx. RMB13.5bn; in 2020,
converted saleable resources from urban redevelopment
of approx. RMB40bn
Saleable resources to be converted in 2021-2024 are
expected to reach RMB242bn
Estimated average GPM:35%-40%; NPM: 15%-20%
Qingxi Luhuba
Qingxi Lychee Village
Qiaotou Lingtou (Unit 1, 2)
Qiaotou Dongtaihu (Unit 1-3)
Nancheng Sanyuanli
Nancheng Jiedao
Shipai Puxin Village
Hengli Shanxia Village
Hengli Shenshan
Wanjiang Jinlong
Wanjiang Shimei
Wanjiang Shimei Shangpengmiao Village
Wanjiang Shimei Xiapengmiao Village
Wanjiang Shimei Luciwo Village
Qishizhen Tielukeng
In 1H2021, Aoyuan came first in Dongguan in terms of newly added urban redevelopment site area
Nanxian
Zhuli Shiye
Longgang Dapu
Longgang Guikeng
Longgang Shilongkeng
Bao'an Hongqiaotou
Dapeng Kuixing
35View entire presentation