With the theme of "building ideal home and new service pattern", this year's exhibition covers an area of nearly 400000 square meters. It is the world's largest exhibition in the large home construction industry and the first ultra-large exhibition after Guangzhou defeated this round of epidemic. The exhibition attracted nearly 2,000 enterprises from 24 provinces (cities and autonomous regions) nationwide to participate in the exhibition, and more than 90 high-end conference forums and other concurrent activities were launched during the exhibition, with 172783 professional audiences attending the exhibition. (China Construction Expo)
On July 26, the Beijing Special session of "home travel stack" design brand will be held in meikedong school. The theme of this activity will be "design home, brand Palace", designers, design media and more than 20 design brands gathered to discuss the upgrading of design brands and explore new paths and trends for the development of the industry. (China Home Expo)
On July 12, Zhibang home furnishing Co., Ltd. added an investment enterprise Qingyuan Zhibang home furnishing Co., Ltd. Qingyuan Zhibang Home was founded on July 8, 2021with a registered capital of 0.2 billion yuan. The legal representative is Xu bangshun. Its business scope includes: furniture sales, furniture manufacturing, furniture spare parts production, furniture installation and maintenance services, etc. At present, it is 100% owned by Zhibang home. (Leju Finance and Economics)
On July 13, EASTROC Holdings announced the pre-increase of its performance in the first half of the year. It is expected to achieve a net profit of 0.378 billion yuan to 0.432 billion yuan, with a year-on-year increase of 75.00% to 100.00%. Reasons for performance changes: in the first half of 2021, the company actively carried out key work such as brand upgrading, product leadership, channel sinking, localized supply, and information construction, and continued to give full play to the advantages of the main retail battlefield to realize products, services, exhibition Hall and quality upgrade, increase the proportion of new products and high-value products, lean production, cost reduction and efficiency improvement, and scale operation. In the first and second quarters, the gross profit margin has been improved compared with the same caliber, overcome the adverse effects such as rising prices of raw materials and energy, local epidemic in Guangfo and so on, and achieve a large increase in the company's performance and profits in the first half of the year. (Every AI Express)
On July 20, the overall customization of European soft clothing and the strong combination of Red Star Macalline, Liu huixiong, general manager of European soft clothing and Wanliyun, general manager of soft clothing division of Red Star Macalline, signed a strategic cooperation agreement in Guangzhou and reached a comprehensive and in-depth strategic cooperation. It is reported that both parties have agreed that they will cooperate closely in fields such as store entry, exhibition, IMP and dealer service. (Leju Finance and Economics)
On July 15, the information jointly released by the circulation industry development department of the Ministry of Commerce and China Building Materials Circulation Association showed that the sales volume of building materials above the national scale in June home furnishing stores was 96.9 billion yuan, down 1.71 percent from the previous month, the year-on-year increase was 50.19 percent; The cumulative sales in the first half of 2021 was 480.99 billion yuan, up 74.72 percent year-on-year. (Tencent home)
On July 20, Beixin building materials announced that it planned to invest in establishing a wholly-owned subsidiary-Beixin paint Co., Ltd. It is reported that the registered capital of Beixin paint is 2 billion yuan, and its business scope includes: manufacturing, research and development and sales of paint; Production and sales of chemical products, building materials and hardware products, etc. (Leju Finance and Economics)
On July 18, COSCO Group Holding Co., Ltd. announced that COSCO Group, COSCO Capital and Hongxing Holdings had formally signed an agreement to acquire 70% equity of Hongxing real estate with RMB 4 billion. The three parties will effectively hold 35%, 35% and 30% equity of Chongqing Red Star Macalline Enterprise Development Co., Ltd. to jointly promote the subsequent development and operation of Red Star Real Estate. According to the acquisition framework agreement, after completing the acquisition, Chongqing Red Star Macalline Enterprise Development Co., Ltd., together with its subsidiaries, joint ventures and affiliates, will hold 91 property projects in China. (Leju Finance and Economics)
On the evening of July 20, Sophia announced that the company intends to accept Henan Evergrande home Industrial Park Co., Ltd. (hereinafter referred to as "Evergrande home Industrial Park") the holding subsidiary of the company Henan Evergrande Sofia home Co., Ltd. (hereinafter referred to as "Evergrande Sofia home") has 40% equity, and the transferee price is about 0.16 billion yuan. Sophia said that after the completion of this equity transfer, the company will hold 100% equity of Evergrande Sophia company, which is conducive to improving the overall operation and management efficiency of the company and the coordinated development of the business, better optimize the allocation of resources within the company system. (Leju Finance and Economics)
