Guiyang SOE's 'Cui Series' projects achieve milestone sales

State-owned Guiyang Infrastructure Construction & Investment Group recently announced that its subsidiary, Guiyang Urban Investment Real Estate Co, achieved sales revenue of 729 million yuan ($99.4 million) in 2024 with its "Cui Series" real estate projects. This marked the company's first entry into Guizhou province's top 20 real estate sales rankings.

Focusing on its role as a comprehensive operator of urban construction and management services, the Guiyang Infrastructure Construction & Investment Group has prioritized real estate development as a key driver of its market-oriented transformation. By optimizing internal land resources, the group has launched several "Cui Series" projects, including Yincui, Yucui, Rongcui, and Diecui. The group has emphasized excellence in planning, design, financing, construction, and marketing to establish the Guiyang Urban Investment Real Estate brand.

The Yincui development, launched in December 2022, has achieved cumulative sales of approximately 300 million yuan, with its first batch of properties attaining a 67 percent sell-through rate. The Yucui project, which blends local culture with modern urban architecture, was included in Guiyang's first list of summer resort real estate projects in 2023.

In addition to the "Cui Series", the Guiyang Infrastructure Construction & Investment Group is advancing other projects, such as Yunyan Linyue and Nanxi. Moving forward, the group will continue to fulfill its responsibilities as a State-owned enterprise by enhancing residents' quality of life, driving market-oriented development, and contributing to the stable and healthy growth of the real estate markets in Guiyang City and Gui'an New Area.