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HONG KONG, Apr 19, 2017 - (ACN Newswire) - Hosted by Beijing Cailanzi Asset Management Co., Ltd., together with the support of China Agri-Products Exchange Limited (stock code: 0149.HK) and China Investment Securities International Capital Limited, the project presentation of Beijing Cailanzi Group Co., Ltd. ("Beijing Cailanzi Group" or the "Group") was grandly launched in Island Shangri-La Hong Kong yesterday. Mr. LIU Chunguang, chairman of the Beijing Cailanzi Group attended the meeting and delivered a speech. Nearly 60 guests in finance, business and media industry attended the meeting.
During the presentation, Beijing Cailanzi Group gave detailed introductions of two quality projects, namely Beijing Fresh Agricultural Product Circulation Center Project (the "Circulation Center Project") and Beijing Cailanzi Terminal Gridding Project, and exchanged opinions with guests.
Complying with the requirement of "Coordinated Development for the Beijing-Tianjin-Hebei Region", the Circulation Center Project that matches the image of an international livable city is considered as a Cailanzi model project approved by the Beijing government. The project is positioned as the platform of modern service for people's livelihood, the emergency reserve platform for safety supply of agricultural products, the big data trading platform for agricultural products in Beijing, as well as the modern trading platform of agricultural products for Beijing-Tianjin-Hebei region.
The circulation center is expected to be completed in August, 2018; and to commence its official operation in early 2019. By 2020, it will cover 12 million of population and achieve annual trading volume of 8 million tonnes with annual transaction of RMB100 billion. It will account for more than 40% of the market shares in Beijing. The overall of valuation is expected to reach above RMB20 billion.
Beijing Cailanzi Terminal Gridding Project based on the Circulation Center Project uses modern internet technology W-GT (Wholesale market-Gridding Terminal) mode. Using the chain of community convenience stores as connection and regional direct supply as supplement of the gridding terminal system, it is a new community business project to enhance the quality of consumer services in Beijing.
By 2020, the project will accumulate approximately RMB5 billion. 1,500 chain community fresh food convenient stores will be built in east city center, sub-centers and Beijing Economic-Technological Development Area to meet the consumption demand of 12 million citizens. By then it will achieve annual revenue of above RMB35 billion, accounting for approximately 20% of market shares, becoming the main force of the capital community business.
It is known that these two projects of the Group are government-owned livelihood projects with enormous development potential and huge investment value. Under the current condition of asset shortages in first-tier cities in China, both projects are able to support industrial assets long-term holding and provide an exit strategy for the financial capital with unique advantages, as they are unique high-quality assets in the market with abundant cash and substantial profits.
Under the principle of mutual benefit and win-win cooperation with integrity and high-quality services, Beijing Cailanzi Group welcomes Hong Kong and global capital to participate in projects' construction and operation, and to share fruitful profits.
Some investment institutions share their strong interest and cooperation intention on these two projects and wish to have in-depth discussion after the meeting, in order to achieve resource integration, complementary advantages and a win-win situation.
Topic: Press release summary
Source: Beijing Cailanzi Asset Management Co., Ltd
Sectors: Daily News
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From the Asia Corporate News Network
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