With the selection of the value list of Jinqilin listed companies in Hong Kong stock market opened, thousands of companies will compete fiercely for the eight Project Awards. Who is the most leading entrepreneur, such as Zhang Yong, Yu Liang, Wang Xing, Lei Jun, Xu Jiayin and Ding Lei. Beijing News (reporter Zhang Xiaolan) on August 17, China Olympic Park Group Co., Ltd. (hereinafter referred to as “China Olympic Park”) held a mid-term performance conference in 2020. Guo Ziwen, chairman of the board of directors of China Olympic Park Group; Guo zining, executive director and chief executive officer; Ma Jun, executive director and chief operating officer; Chen Jiayang, executive director and senior vice president of the group; and Chen Zhibin, vice president and chief financial officer of the group, attended the meeting. At the performance meeting, Guo zining introduced that in the first half of the urban renewal project, four projects were transferred to secondary development in the first half of the year, and eight to nine projects were expected to be transformed in the second half of the year, providing sufficient land reserve for the company. At present, the company still has many projects under negotiation, and will continue to expand the old renovation projects focusing on Dawan District in the future. According to the financial report, as of June 2020, China Olympic Park has more than 50 urban renewal projects, providing an additional sales value of about 658.7 billion yuan, of which the Great Bay area of Guangdong, Hong Kong and Macao accounts for 95%. After the urban renewal project is included, the sales value of the land reserve of the Olympic Park is about 1.16 trillion yuan, which can meet the development of the next four to five years. It is worth mentioning that in the first half of this year, China Olympic Park acquired 29.30% shares of Jinghan Industrial Investment Group Co., Ltd., and became its actual controller. When it comes to the acquisition, at the performance meeting, the management of China Olympic Park disclosed that the acquisition of Jinghan shares will be conducive to continuous deep ploughing of the existing areas and enriching the company’s land reserve resources. It is estimated that the land reserve brought by the acquisition of Jinghan will be 1.2 million square meters. < / P > < p > with regard to land acquisition intention in the second half of the year, the leadership of China Olympic Park said that the amount of land acquisition this year will be controlled at 35-40 billion yuan. In the second half of the year, the investment will focus on the Pearl River Delta and Yangtze River Delta, and at the same time pay attention to key cities in the central and western regions. In this process, cooperation with other developers can not be ruled out. “Overall, we should reasonably absorb high-quality land and promote the old reform as a whole There are certain variables in playing, so there will still be a lot of land for auction and auction. ” In terms of capital reserve, it is reported that in 2019, China Olympic Park retained 68.1 billion cash and restricted cash. In the first half of this year, after rapid expansion, the cash and restricted cash of China Olympic Park still increased to 69.4 billion. In addition, as of June 30 this year, the total credit line of China Olympic Park was about 225.6 billion yuan, of which the unused credit balance was 94.3 billion yuan, with sufficient liquidity. < p > < p > on this basis, the net debt ratio of China Olympic Park increased slightly from 74.9% in 2019 to 79.8%. In this regard, the management of Aoyuan said that about 80% of the net debt ratio is a reasonable level, which is also below the company’s target line, so there is no great concern.