Baolong Chen Deli: there are not many high-quality commercial projects in the third and fourth lines, and there are more market opportunities.

SMM: on August 19th, Baolong Real Estate held an online press conference on its interim results. Xu Huafang, president of the company, Chen Deli, co-president, Liao Mingshun, vice president and chief financial officer, and Huang Wenzhong, vice president and general manager of the Capital Management Center, attended the meeting.

When referring to the commercial layout strategy, Chen Deli said that Baolong's commercial strategy is not based on the third or fourth line, but "1x, 1N", mainly in the Yangtze River Delta, the Greater Bay area and other local opportunistic cities and regions.

Then, it points out that many cities in the third and fourth tier already have a competitive atmosphere, but there are not many high-quality commercial projects. "within the scope of the Yangtze River Delta and the Great Bay area of the Pearl River Delta, third-and fourth-tier cities have relatively high-quality projects and more suitable conditions, we still have the opportunity to do it, and there are still very good opportunities for excellent shopping centers in these cities."

According to the opinion real estate new media, Baolong Real Estate expects the company to usher in the intensive opening of shopping malls in the second half of the year, with the opening of 10 new shopping malls this year.

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