What does Chinese happiness do?

The core competitiveness of Huaxia Happiness lies in the operation of the new industrial city, which is realized through real estate sales. The park is mainly distributed in the area around Beijing, which is the main beneficiary of the integration of Beijing, Tianjin and Hebei, and has the ability of rapid growth in the "Greater Beijing" area. At the same time, the expansion of the new industrial city model in different places has been continuously verified, opening up the room for growth. We estimate that the EPS of Huaxia Happiness in 20 15-20 17 will be 2.73 yuan, 4.0 1 yuan and 4.9 1 yuan respectively, and the corresponding PE will be 20, 14 and1respectively.

The core competitiveness of Huaxia Happiness lies in the operation of the new industrial city, which is realized through real estate sales.

Huaxia Happiness Announcement "Signing the Regional Framework Agreement for Cooperative Development, Construction and Operation in Renshou County, Meishan City, Sichuan Province". The expansion in different places is exquisite. Renshou Park, which is jointly developed this time, is developed in a way similar to Gu 'an Industrial Park, which is another successful copy of the new city model of Huaxia Happiness Industry. In terms of site selection, Life Park is similar to Gu 'an Industrial Park and has achieved great success.

(1) Location distribution, Life Park is located in Shisan Town, Meishan City, about 50 square kilometers, at the southern end of Tianfu New District, 45 kilometers away from the main city of Chengdu (Tianfu Square), about 1 hour drive, adjacent to the new airport, which is basically similar to the regional distribution of Gu 'an Park.

(2) In terms of economic attraction, Chengdu is the bridgehead of western regional economic development, which has obvious attraction to industries and population in Sichuan and its surrounding provinces and cities. Tianfu District of Chengdu is the 1 1 national new district approved by the State Council. It is the intersection node and important link between the Yangtze River Economic Belt and the Silk Road Economic Belt, and it is a favorable gathering area for many national policies.

(3) In terms of the possibility of realizing cash, Huaxia Happiness Park can realize quick cash withdrawal through residential sales. However, at present, the location of the park is moderate from Chengdu, and there is a big price difference between the average sales price of the entrusted area and the average sales price of commercial housing in the central city of Chengdu, which is easy to attract the demand for housing in the central city to overflow, thus realizing the mode of rapid cash-out of commercial housing sales.

(4) With the cooperation of the government, Renshou County has the demand of developing industries and introducing leading enterprises. We believe that the above characteristics of the project greatly increase the success probability of Huaxia Happiness in the park, and it is expected that the park will become an important support for the future business development of Huaxia Happiness.

The development ability of industrial new towns has been verified again, and the development pattern of industrial new towns in the Yangtze River Economic Belt has been consolidated. This area is the first industrial new city project developed by the company in the surrounding area of Chengdu in the upper reaches of the Yangtze River, and it is an important support point for the strategic position of the Yangtze River Economic Belt. With the company's developed Lishui Park in Nanjing, Jiashan Park in Zhejiang and Fengjing Town Park in Jinshan, Shanghai, we will build a satellite urban agglomeration covering the Yangtze River Economic Belt in an all-round way. At the same time, it further verifies the attractiveness of the company's industrial new city model to Beijing, Shanghai, Nanjing, Chengdu and other cities with strong economic strength.