New Stage New Initiative

Total Page:16

File Type:pdf, Size:1020Kb

New Stage New Initiative (於百慕達註冊成立之有限公司) 股份代號:563 新境界 NEW STAGE 新視野 NEW INITIATIVE 中期報告 2014 INTERIM REPORT 2014 Interim Report 2014 中期報告 NEW STAGE Shanghai Industrial Urban Development Group Limited (“SIUD” or the “Company”, together with its subsidiaries, the “Group”) currently has 23 real estate projects in 12 major cities in China, namely Shanghai, Kunshan, Wuxi, Beijing, Sanhe, Shenyang, Tianjin, Xi’an, Chongqing, Changsha, Shenzhen and Zhuhai. Most of the projects are mid- to high-end residential projects which are under construction at full steam, presenting the Group with an approximately 7.53 million-square-meter land bank and excellent foundation for long term development. Artist’s Impression CONTENTS 2 Corporate Information 3 Financial Highlights 4 Chairman’s Statement 7 Management Discussion and Analysis 13 Details of Properties 15 Major Project Introduction 26 Other Information 33 Report on Review of Condensed Consolidated Financial Statements 34 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 35 Condensed Consolidated Statement of Financial Position 37 Condensed Consolidated Statement of Changes in Equity 38 Condensed Consolidated Statement of Cash Flows 39 Notes to the Condensed Consolidated Financial Statements CORPORATE INFORMATION BOARD OF DIRECTORS HONG KONG BRANCH SHARE REGISTRAR Executive Directors AND TRANSFER OFFICE Ni Jianda (Chairman) Tricor Secretaries Limited Ji Gang (Vice Chairman & President) Level 22, Hopewell Centre Zhou Jun 183 Queen’s Road East Yang Jianwei Hong Kong Yang Biao Huang Fei LEGAL ADVISERS Ye Weiqi As to Hong Kong Law Ashurst Hong Kong Independent Non-Executive Directors Doo Wai-Hoi, William, J.P. As to Bermuda Law Wong Ying Ho, Kennedy, BBS, J.P. Conyers Dill & Pearman Fan Ren Da, Anthony Li Ka Fai, David COMPLIANCE ADVISER Somerley Capital Limited AUTHORIZED REPRESENTATIVES Ni Jianda REGISTERED OFFICE Chan Kin Chu, Harry Clarendon House, 2 Church Street, BOARD COMMITTEES Hamilton, HM11, • Audit Committee Bermuda Li Ka Fai, David (Committee Chairman) Doo Wai-Hoi, William, J.P. PRINCIPAL PLACE OF BUSINESS Wong Ying Ho, Kennedy, BBS, J.P. IN HONG KONG Fan Ren Da, Anthony Suites 3003–3007, 30th Floor, Great Eagle Centre, • Remuneration Committee 23 Harbour Road, Doo Wai-Hoi, William, J.P. (Committee Chairman) Wanchai, Hong Kong Fan Ren Da, Anthony Telephone: (852) 2544 8000 Ye Weiqi Facsimile: (852) 2544 8004 • Nomination Committee WEBSITE Wong Ying Ho, Kennedy, BBS, J.P. (Committee Chairman) http://www.siud.com Fan Ren Da, Anthony Ni Jianda PRINCIPAL BANKERS The Hongkong and Shanghai Banking Corporation Limited • Investment Appraisal Committee Shanghai Pudong Development Bank Company Limited Fan Ren Da, Anthony (Committee Chairman) China Construction Bank Corporation Zhou Jun Agricultural Bank of China Limited Ye Weiqi AUDITOR COMPANY SECRETARY Deloitte Touche Tohmatsu Chan Kin Chu, Harry 35th Floor, One Pacific Place 88 Queensway, Hong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE LISTING INFORMATION Codan Services Limited The Stock Exchange of Hong Kong Limited Clarendon House Ordinary Shares 2 Church Street (Stock Code: 563) Hamilton, HM11 Bermuda 2 Shanghai Industrial Urban Development Group Limited FINANCIAL HIGHLIGHTS For the For the six months ended six months ended 30 June 2014 30 June 2013 Financial Highlights (HK$’000) Revenue 3,167,095 2,965,733 (Loss) Profit attributable to equity owners of the Company (148,190) 481,877 Financial Information per share (HK cents) (Loss) Earnings – Basic (3.08) 10.02 – Diluted (3.08) 10.02 As at As at 30 June 2014 31 December 2013 Pre-sale proceeds received on sales of properties (HK$’000) 5,181,963 6,496,160 Financial Ratios Net debt to total equity (%) 45.9% 41.3% Current ratio 1.93 1.90 Note: Net debt = total borrowings (including bank borrowings, loan payables and senior notes) less cash and cash equivalents and restricted bank deposits secured against bank borrowings. ANALYSIS ON PRE-SALE PROCEEDS DEBT MATURITY PROFILE RECEIVED ON SALES OF PROPERTIES HK$ HK$ (million) (million) 49.9% 7,473 16.1% 2,410 3,000 2,700 2,542 2,400 2,139 2,100 1,800 1,500 1,200 24.5% 3,679 900 600 9.5% 300 122 108 95 149 1,421 27 0 Urban CBE Top City Shanghai West Yoooou.net Others Less than one year 49.9% Cradle International Jing City Diaoyutai Peninsula From first year to second year 9.5% From second year to fifth year 24.5% Beyond the fifth year 16.1% Interim Report 2014 3 CHAIRMAN’S STATEMENT In March 2014, China Premier Li Keqiang proposed in the Report on the Work of the Government that appropriate control measures and regulations of China’s property market should be based upon the specific conditions of different areas and cities, under the principles of protecting consumption demand and suppressing investment needs. Subsequently, the Central Government has continuously relaxed different monetary policies to stabilize home buyers’ demand. Against the backdrop of relatively weak macroeconomic conditions, regulations implemented by the Central Government put extra emphasis on long-term benefits, allowing market mechanism to adjust the property market to promote stable and healthy growth. The property enterprises are expected to face opportunities and challenges in a more market-driven environment. 4 Shanghai Industrial Urban Development Group Limited Chairman’s Statement In the first half of 2014, the Chinese economy remained stable in spite of the slowdown in growth. Both urbanization and GDP per capita in China continued to advance. Despite some exceptional price reductions of certain property projects to stimulate sales in the first-tier or second-tier cities, the general property market was still in solid demand, especially demand from first-time home buyers and existing home-owners seeking an upgrade. This led to a progressive and healthy development of the property market. During the period, the Group achieved satisfactory result in contract sales and exceeded its sales target for the first half. This was attributable to the Group’s effort in conducting comprehensive market analysis to capture market opportunities and launch key projects timely for sale and this proved the management’s business acumen in market developments. Being the Group’s flagship project, Urban Cradle in Shanghai has been famous with its remarkable sales. Housing in Phase I to IV was well-received by the market, with inventory in Phase IV almost sold out in the first half of this year. In June 2014, the Group launched the large-sized deluxe fitted-out mansions of Phase V, which were again received favorably by the market. Since the release of Phase I of Urban Cradle, the average selling price has been increasing continuously. This demonstrates that in the growingly market-driven property market, the branding, quality and location distinguish a project from its peers. The Group’s projects will continue to compete through branding and quality, offering excellent products to customers at reasonable prices, and to operate under the premise of preserving the Group’s profit margin, in order to ensure the best interests of shareholders. Interim Report 2014 5 Chairman’s Statement During the period, the Group continued to focus on restructuring and optimizing asset portfolio as its key strategy. The Group actively sought quality projects in the Yangtze River Delta and major coastal cities and developed quality projects at appropriate times, in order to lay the bedrock for the Group’s long-term development. In March 2014, the group successfully obtained a land parcel at Meilong Town, Minhang District, Shanghai. The land will be developed as the Phase V of the Shanghai Jing City and sold as a commodity housing project. For other projects, the construction of the Xinzhuang Metro Superstructure began, the construction of U Centre was in good progress, the hotel in Wuxi commenced operations, and the construction of the new phase of the Xi’an project also got started. On the other hand, the Group continued to divest assets which were no longer aligned to its long-term strategy. On 6 August, the Group entered into a framework agreement to dispose a subsidiary owning 40% of the Tianjin Beichen project to realize its asset value and to generate cash inflow for the development of future projects with greater returns or for working capital purpose. Keen on innovation, the Group secured approximately US$600,000,000 in July through a club loan and a new shareholder loan, for the repayment of the high-interest senior notes due in late July and the financial support for the Group’s subsequent development, strategic move and business model. The Group’s mid- and long-term strategy will capitalize upon the opportunity from the reformation of equity in state-owned enterprises, leverage upon the advantages from the Group’s background, to engage in secondary development for land upgrade. By unleashing land value and establishing strategic alliances, the Group will form a new operating model. The Group will actively develop projects in key areas to foster the building of brand and project teams, and capitalize on projects and assets at appropriate times to increase shareholder returns and speed up cash inflows. Furthermore, in light of the Shanghai Free Trade Zone driving commercial activities in the city of Shanghai and stimulating demand for commercial properties and office spaces, the Group’s commercial complex projects in Shanghai will be certainly benefited. Looking ahead to the second half of the year, the Group will seize market opportunities, accurately match project positioning with consumer demands, and focus on developing high-returns projects as well as investment properties. Also, the Group will continue to optimize product mix, improve internal management in multiple areas such as engineering, sales and finance, and expand business operations while cautiously assess market risks. The Group will actively engage in asset integration and increase its returns on capital, continue to improve product quality and enhance brand competitiveness to secure fruitful returns for shareholders.
Recommended publications
  • Shanghai, China Overview Introduction
    Shanghai, China Overview Introduction The name Shanghai still conjures images of romance, mystery and adventure, but for decades it was an austere backwater. After the success of Mao Zedong's communist revolution in 1949, the authorities clamped down hard on Shanghai, castigating China's second city for its prewar status as a playground of gangsters and colonial adventurers. And so it was. In its heyday, the 1920s and '30s, cosmopolitan Shanghai was a dynamic melting pot for people, ideas and money from all over the planet. Business boomed, fortunes were made, and everything seemed possible. It was a time of breakneck industrial progress, swaggering confidence and smoky jazz venues. Thanks to economic reforms implemented in the 1980s by Deng Xiaoping, Shanghai's commercial potential has reemerged and is flourishing again. Stand today on the historic Bund and look across the Huangpu River. The soaring 1,614-ft/492-m Shanghai World Financial Center tower looms over the ambitious skyline of the Pudong financial district. Alongside it are other key landmarks: the glittering, 88- story Jinmao Building; the rocket-shaped Oriental Pearl TV Tower; and the Shanghai Stock Exchange. The 128-story Shanghai Tower is the tallest building in China (and, after the Burj Khalifa in Dubai, the second-tallest in the world). Glass-and-steel skyscrapers reach for the clouds, Mercedes sedans cruise the neon-lit streets, luxury- brand boutiques stock all the stylish trappings available in New York, and the restaurant, bar and clubbing scene pulsates with an energy all its own. Perhaps more than any other city in Asia, Shanghai has the confidence and sheer determination to forge a glittering future as one of the world's most important commercial centers.
    [Show full text]
  • Quarterly Newsletter of GEF China Sustainable Cities Integrated Approach Pilot Project
    Quarterly Newsletter of GEF China Sustainable Cities Integrated Approach Pilot Project issue 8 June 2020 Project Progress (As of June 15, 2020) GEBJ-2: The evaluation for the technical proposal was completed on May 19, 2020. Ministry of Housing and Urban-Rural The bid opening for the financial proposal and Development of P.R.C. contract negotiation were held on June 11, 2020. The PMO intends to partially adjust the The contract of the National TOD Platform tasks in the TOR. A written request of specific was officially signed on April 20, 2020. The changes will be submitted to the World Bank Project Management Office (PMO) held the task team by the end of June 2020. kick-off meeting for the hired consultant to GEBJ-3: Request of Expression of present the inception report and work plans on Interest (REOI) was posted on April 28, May 29, 2020. The inception report and work 2020. The shortlist of qualified bidders was plans were reviewed by a panel of experts on evaluated on June 10, 2020. RFP is currently June 15. It will be finalized and submitted to under preparation and will be sent to the the World Bank task team by the end of June qualified bidders by the end of June 2020. 2020. Tianjin GETJ-1: The first draft for Task 5: The Contextualized TOD Guidebook and Toolkit for Tianjin was completed at the beginning of May 2020. The final draft will be completed at the end of June 2020. The disbursement of grant submitted to the World Bank task team after the evaluation for the final draft is completed.
    [Show full text]
  • New Horizons Annual Report 2013 New Stage New Opportunities
    NEW PAGE NEW HORIZONS ANNUAL REPORT 2013 NEW STAGE NEW OPPORTUNITIES Shanghai Industrial Urban Development Group Limited (“SIUD”) currently has 23 real estate projects in 12 major cities in China, namely Shanghai, Kunshan, Wuxi, Beijing, Sanhe, Shenyang, Tianjin, Xi’an, Chongqing, Changsha, Shenzhen and Zhuhai. Most of the projects are mid- to high-end residential projects which are under construction at full steam, presenting the Group with an approximately 7.59 million-square-meter land bank and excellent foundation for long term development. CONTENTS 2 Corporate Information 3 Financial Highlights 6 Chairman’s Statement 9 Chat with President 14 Details of Properties 16 Project Portfolio 28 Management Discussion and Analysis 35 Environmental, Social and Governance Report 43 Directors’ Report 54 Biographical Details of Directors and Senior Management 63 Corporate Governance Report 73 Investor Relations Report 77 Independent Auditor’s Report 79 Consolidated Statement of Profit or Loss and Other Comprehensive Income 80 Consolidated Statement of Financial Position 82 Consolidated Statement of Changes in Equity 84 Consolidated Statement of Cash Flows 86 Notes to the Consolidated Financial Statements 161 Financial Summary 162 Glossary of Terms Shanghai Industrial Urban Development Group Limited 2 CORPORATE INFORMATION BOARD OF DIRECTORS HONG KONG BRANCH SHARE REGISTRAR Executive Directors AND TRANSFER OFFICE Ni Jianda (Chairman) Tricor Secretaries Limited Ji Gang (Vice Chairman & President) Level 22, Hopewell Centre, Zhou Jun 183 Queen’s Road East, Yang Jianwei (appointed on 22 March 2013) Hong Kong. Yang Biao Huang Fei (appointed on 22 March 2013) LEGAL ADVISERS Ye Weiqi (appointed on 22 March 2013) As to Hong Kong Law Ashurst Hong Kong Independent Non-Executive Directors Doo Wai-Hoi, William, J.P.
    [Show full text]
  • INTERIM REPORT 2016 2016 Interim Report
    高瞻遠矚 THINKING AHEAD 成就佳績 MEASURING SUCCESS 中期報告 INTERIM REPORT 2016 2016 Interim Report 2016 中期報告 HAIPAI1 QUALITY TO ACHIEVE SOLID PROGRESS Shanghai Industrial Urban Development Group Limited (“SIUD” or the “Company”, together with its subsidiaries the “Group”) currently has 19 real estate projects in 10 major cities in China, namely Shanghai, Kunshan, Wuxi, Beijing, Shenyang, Tianjin, Xi’an, Chongqing, Changsha and Shenzhen. Most of the projects are mid- to high-end residential projects which are under construction at full steam, presenting the Group with an approximately 3.77 million-square- meter saleable land bank and excellent foundation for long term development. Note 1: Haipai (海派; literally “Shanghai style”) refers to the avant-garde but unique “East Meets West” culture from Shanghai in the 20th and 21st centuries. Artist’s Impression CONTENTS 2 Corporate Information 33 Condensed Consolidated Statement of Profit or Loss and Other 3 Financial Highlights Comprehensive Income 4 Chairman’s Statement 34 Condensed Consolidated Statement of 7 Management Discussion and Analysis Financial Position 12 Details of Properties 36 Condensed Consolidated Statement of 14 Key Project Introduction Changes in Equity 24 Other Information 38 Condensed Consolidated Statement of Cash Flows 32 Report on Review of Condensed Consolidated Financial Statements 40 Notes to the Condensed Consolidated Financial Statements CORPORATE INFORMATION BOARD OF DIRECTORS HONG KONG BRANCH SHARE REGISTRAR Executive Directors AND TRANSFER OFFICE Ji Gang (Chairman and President) Tricor Secretaries Limited Zhou Jun Level 22, Hopewell Centre, Yang Jianwei 183 Queen’s Road East, Yang Biao Hong Kong. Ye Weiqi Huang Fei LEGAL ADVISERS As to Hong Kong Law Independent Non-Executive Directors Ashurst Hong Kong Doo Wai-Hoi, William, J.P.
    [Show full text]
  • Unfolding a Limitless Panorama BOUNDLESS VISION BOUNDLESS OPPORTUNITIES
    2014 Annual Report Unfolding a Limitless Panorama BOUNDLESS VISION BOUNDLESS OPPORTUNITIES Shanghai Industrial Urban Development Group Limited (“SIUD”) currently has 22 real estate projects in 12 major cities in China, namely Shanghai, Kunshan, Wuxi, Beijing, Sanhe, Shenyang, Tianjin, Xi’an, Chongqing, Changsha, Shenzhen and Zhuhai. Most of the projects are mid- to high-end residential projects which are under construction at full steam, presenting the Group with an approximately 5.67 million-square-meter land bank and excellent foundation for long term development. CONTENTS 2 Corporate Information 66 Corporate Governance Report 3 Financial Highlights 76 Investor Relations Report 6 Chairman’s Statement 81 Independent Auditor’s Report 9 Investor FAQ 83 Consolidated Statement of Profit or Loss and Other Comprehensive Income 14 Details of Properties 84 Consolidated Statement of Financial 16 Key Project Introduction Position 28 Management Discussion 86 Consolidated Statement of Changes in and Analysis Equity 36 Environmental, Social and 88 Consolidated Statement of Cash Flows Governance Report 90 Notes to the Consolidated Financial 45 Directors’ Report Statements 57 Biographical Details of Directors and 166 Financial Summary Senior Management 167 Glossary of Terms 2 CORPORATE INFORMATION BOARD OF DIRECTORS HONG KONG BRANCH SHARE REGISTRAR Executive Directors AND TRANSFER OFFICE Ji Gang (Chairman & President) (re-designated as Chairman Tricor Secretaries Limited on 2 February 2015) Level 22, Hopewell Centre, Zhou Jun 183 Queen’s Road East, Yang Jianwei Hong Kong. Yang Biao Huang Fei LEGAL ADVISERS Ye Weiqi As to Hong Kong Law Ashurst Hong Kong Independent Non-Executive Directors Doo Wai-Hoi, William, J.P. As to Bermuda Law Wong Ying Ho, Kennedy, BBS, J.P.
    [Show full text]
  • INTERIM REPORT 2015 Interim Report
    (於百慕達註冊成立之有限公司) 股份代號:563 卓越 表現 THE RISING 再創 高峰 MATRIX 中期報告 2015 INTERIM REPORT 2015 Interim Report 2015 中期報告 CREATING A BRIGHT FUTURE ON SUSTAINED ADVANTAGES Shanghai Industrial Urban Development Group Limited (“SIUD” or the “Company”, together with its subsidiaries, the “Group”) currently has 20 real estate projects in 11 major cities in China, namely Shanghai, Kunshan, Wuxi, Beijing, Shenyang, Tianjin, Xi’an, Chongqing, Changsha, Shenzhen and Zhuhai. Most of the projects are mid- to high- end residential projects which are under construction at full steam, presenting the Group with an approximately 4.9 million-square-meter land bank and excellent foundation for long term development. Artist’s Impression Artist’s Impression CONTENTS 2 Corporate Information 34 Condensed Consolidated Statement of Profit or Loss and Other 3 Financial Highlights Comprehensive Income 4 Chairman’s Statement 35 Condensed Consolidated Statement of 7 Management Discussion and Financial Position Analysis 37 Condensed Consolidated Statement of 12 Details of Properties Changes in Equity 14 Key Project Introduction 39 Condensed Consolidated Statement of 25 Other Information Cash Flows 33 Report on Review of Condensed 41 Notes to the Condensed Consolidated Consolidated Financial Statements Financial Statements CORPORATE INFORMATION BOARD OF DIRECTORS HONG KONG BRANCH SHARE REGISTRAR Executive Directors AND TRANSFER OFFICE Ji Gang (Chairman & President) Tricor Secretaries Limited Zhou Jun Level 22, Hopewell Centre, Yang Jianwei 183 Queen’s Road East, Yang Biao Hong Kong. Ye Weiqi Huang Fei LEGAL ADVISERS As to Hong Kong Law Independent Non-Executive Directors Ashurst Hong Kong Doo Wai-Hoi, William, J.P. Fan Ren Da, Anthony As to Bermuda Law Li Ka Fai, David Conyers Dill & Pearman AUTHORIZED REPRESENTATIVES REGISTERED OFFICE Ji Gang Clarendon House, Chan Kin Chu, Harry 2 Church Street, Hamilton, HM11, BOARD COMMITTEES Bermuda.
    [Show full text]
  • Scenario-Based Inundation Analysis of Metro Systems: a Case Study in Shanghai
    Hydrol. Earth Syst. Sci. Discuss., https://doi.org/10.5194/hess-2019-28 Manuscript under review for journal Hydrol. Earth Syst. Sci. Discussion started: 22 March 2019 c Author(s) 2019. CC BY 4.0 License. Scenario-based inundation analysis of metro systems: a case study in Shanghai Hai-Min Lyu1, Shui-Long Shen1,2, Jun Yang3, Zhen-Yu Yin4 1State Key Laboratory of Ocean Engineering, School of Naval Architecture, Ocean, and Civil Engineering, Shanghai Jiao Tong University, Shanghai 200240, China 5 2Department of Civil and Environmental Engineering, College of Engineering, Shantou Univ., Shantou, Guangdong 515063, China 3Department of Civil Engineering, The University of Hong Kong, Pokfulam, Hong Kong, China 4Department of Civil and Environmental Engineering, The Hong Kong Polytechnic University, Hung Hom, Kowloon, Hong Kong, China 10 Correspondence to: Shui-Long Shen ([email protected]) Abstract. Catastrophic urban floods result in severe inundation of underground facilities in recent years. This paper presents an integrated approach in which an algorithm is proposed to integrate the storm water management model (SWMM) into the geographical information system (GIS) to evaluate the inundation 15 risk. The proposed algorithm simulates the flood inundation of overland flow and metro station for each schemed scenario. It involves i) determination of the grid location and spreading coefficient and ii) iterative calculation of the spreading process. Furthermore, to evaluate the potential inundation risks of metro systems, an equation to qualitatively calculate the inundation depth around a metro station is proposed. This equation considered the drainage capacity and characteristics of each metro station. The 20 proposed method is applied to simulate the inundation risks of the metro system in the urban centre of Shanghai under 50-year, 100-year, and 500-year scenarios.
    [Show full text]
  • Transit-Oriented Development As a Financing Instrument for Shanghai’S Post-Suburbanization
    Paving the way to growth: Transit-oriented development as a financing instrument for Shanghai’s post-suburbanization Jie Shen School of Social Development and Public Policy, Fudan University, Shanghai, China; Email: [email protected] Fulong Wu Bartlett School of Planning, University College London, London, UK; Email: [email protected] Abstract. Chinese suburbs are dominated by extensive high-density projects around transit-oriented development (TOD), but the form of development and the role of rail transit have not been fully investigated. Based on a case study of the No. 9 metro line in Songjiang, Shanghai, this paper examines the logic and implementation of TOD in China. We argue that rather than an effective tool for curbing suburban sprawl, TOD is appropriate to facilitate suburban growth by linking land sales, property development, and infrastructure funding for suburban growth. Rail transit, therefore, functions as an instrument for financial leverage. Despite great economic success, however, the provision of public facilities and services for the large number of residents has raised new challenges for the local government. Key words. Post-suburbanization; infrastructure; TOD; Chinese cities 1. Introduction Recent suburban changes across the globe have come to mark a departure from the traditional view of suburbs as a homogenous, auto-dependent, middle-class residential enclave (Harris, 2010; Quinby, 2011). Some scholars thus suggest that the term ‘post-suburbanization’ should be applied to describe contemporary global suburban growth: “a process of de-densification (classical suburbanization) is partly converted, inverted or subverted into a process that involves densification, complexification and diversification of the suburbanization process” (Charmes and Keil, 2015: 581; Phelps and Wu, 2011; 1 Keil, 2018).
    [Show full text]
  • BULLETIN #2 the 5Th Large Hadron Collider Physics Conference (LHCP) 15 to 20 May 2017
    BULLETIN #2 The 5th Large Hadron Collider Physics conference (LHCP) 15 to 20 May 2017 http://lhcp2017.physics.sjtu.edu.cn/ Below you will find some information that you may find helpful for your upcoming trip to Shanghai. A preliminary programme is available on the conference web site. If you have any questions or comments, do not hesitate to contact the local organising committee. Note that on the last page of this Bulletin you have Emergency Contact phone numbers. Location: Shanghai Jiao Tong University (SJTU), Xuhui Campus 1954 Huashan Road, Shanghai 200240, China 上海交通大学徐汇校区,上海市华山路1954号 s plenary sessions: A300 Antai College of Economics and Management,SJTU (上海交通大学安泰经管学院) s parallel sessions:Haoran High-tech Building (浩然科技大厦) WIFI CONNECTION (14 to 20 May) - LHCP201700,LHCP201701,LHCP201702,LHCP201703,LHCP201704,password: 608637 - LHCP20170600,LHCP20170601,LHCP20170602,password: 592772 REGISTRATION : http://indico.cern.ch/event/517784/registrations/28671 - Early registration fee needs to be paid online before 15 April 2017 - RMB 300 late fee will be charged for payment after 15 April 2017 - Online registration will be closed on 30 April 2017 - Poster abstract submission is closed (31 March 2017) REGISTRATION DESK From 16h to 19h on Sunday 14 May and as of 8:00AM on Monday 15 May Antai College of Economics and Management, SJTU (conference venue) For those participants who have not yet paid their Registration fee, we are pleased to accept RMB, CHF, Euro, USD at the registration desk. Credit card payment is also possible. Note that the LATE fee will be charged for payment at the registration desk. CURRENCY Please note that RMB and CNY are the same currency.
    [Show full text]
  • GEF-6 China Sustainable Cities Integrated Approach Pilot Project Quarterly Newsletter Issue 12 | June 2021 GEF-6 China SCIAP Quarterly Newsletter | June 2021 Issue No
    GEF-6 China Sustainable Cities Integrated Approach Pilot Project Quarterly Newsletter Issue 12 | June 2021 GEF-6 China SCIAP Quarterly Newsletter | June 2021 Issue No. 12 PROJECT PROGRESS (As of June 15, 2021) World Bank The Global Environment Facility (GEF) China Sustainable Cities Integrated Approach Pilot The World Bank task team visited Tianjin (Apr Project Annual National Workshop was held 27), Shijiazhuang (Apr 28), Shenzhen (May 12- in Shenzhen from May 12-14, 2021. This 14), and Beijing (May 18) from April to May. The workshop was chaired by Dr. Xiao Yuan, Urban World Bank task team met with core members of Development Specialist and TTL at the World the project management office (PMO) to discuss Bank. Wang Shaoliang, Director of the Major project progress. They visited sites and reached a Project Coordination Office of the Development and Reform Commission of Shenzhen Municipality consensus on follow-up arrangements and action and Deputy Director of the Shenzhen Global plans for Tianjin Contract 2 (Jianchang Road Area), Environment Facility Project Management Office Shijiazhuang Contract 2 (Jiahua Depot), Shenzhen (Shenzhen PMO), delivered the welcome speech Contract 2 (Bainikeng Community), Beijing as the host. The workshop was divided into three Contract 2 (Zhongguancun Life Science Park), and agendas. First, the Ministry of Housing and Urban- Beijing Contract 3 (Miyun North Railway Station). Rural Development (MOHURD) and seven pilot cities (Beijing, Tianjin, Shijiazhuang, Nanchang, Ningbo, Guiyang, and Shenzhen) reported the progress of their respective projects and exchanged technical achievements. The second section was about sharing and discussing the development and implementation experience regarding Shenzhen’s transit-oriented development (TOD) .
    [Show full text]
  • The Lianhua Road Station Building Retail Facilities (Tentative Name) Scheduled to Open in 2020
    July 12, 2018 For immediate release Mitsui Fudosan Co., Ltd. The Mitsui Fudosan Group's First Overseas Retail Facilities in a Station Building Decision to Participate in Shanghai’s First Subway Station Redevelopment Project: The Lianhua Road Station Building Retail Facilities (tentative name) Scheduled to Open in 2020 Key Points of the Project ・The Mitsui Fudosan Group's First Overseas Retail Facilities in a Station Building ・Joint Project with Shanghai Metro, Owner and Operator of Shanghai Municipal Subway ・Shanghai’s First Subway Station Redevelopment Project Tokyo, Japan, July 12, 2018 - Mitsui Fudosan Co., Ltd., a leading global real estate company headquartered in Tokyo, announced today that it has decided to proceed with the Lianhua Road Station Building Retail Facilities (tentative name) directly connected to Lianhua Road Station on the Shanghai Metro Line 1 in the Minhang District of the city of Shanghai. Mitsui Fudosan will carry out this project jointly with Shanghai Metro, the owner and operator of the Shanghai subway system. Shanghai Metro’s subsidiary, 上海広漣置業有限公司, will demolish the existing station building and redevelop it in the first subway redevelopment project for Shanghai Metro. The facility is 5 stories above ground and 1 floor below ground with total floor area of approx. 538,000 ft2 (approx. 50,000 m2), of which the Mitsui Fudosan Group will lease the entire retail facility (with total floor space of approx. 334,000 ft2 (approx. 31,000 m2) and approx. 90 stores). The Mitsui Fudosan Group will operate the complex as its first overseas retail facilities in a station building. The project is located in the Minhang District in the southwest of Shanghai, near the city center and constitutes the most populous administrative district within the Puxi historic center of Shanghai.
    [Show full text]
  • Urban Transport of China Epidemic Prevention Strategy of Shanghai
    Urban Transport of China No. 03 Citation: WU Jinlong, DING Xiaobing, LIU Zhigang. Epidemic Prevention Strategy of Shanghai Rail Transit System: Taking the COVID-19 Pandemic as an Example [J]. Urban Transport of China, 2020 (03): 46–50. Epidemic Prevention Strategy of Shanghai Rail Transit System: Taking the COVID-19 Pandemic as an Example WU Jinlong, DING Xiaobing, LIU Zhigang School of Urban Rail Transportation, Shanghai University of Engineering Science, Shanghai 201620, China Abstract: The outbreak of Coronavirus Disease 2019 (COVID-19) poses a great challenge to urban rail transit sys- tem. Several cities take measures such as line outage, in and out station control, and operation diagram adjustment to cope with the sharp drop of passenger flow as well as epidemic prevention and evacuation demand. With the gradual restoration of social order and the increase in the traffic volume brought by the resumption of work and school, urban rail transit system is faced with the changing travel demand as well as long-term and sustained epi- demic prevention demand. This paper analyzes the impact of the pandemic on passenger flow of Shanghai rail transit and the huge challenge it faces. According to travel demand in different periods, the paper provides sugges- tions on epidemic prevention and control in several aspects: further implementing epidemic prevention and control measures, strengthening passenger flow early-warning and passenger management, dynamic analysis and scientific allocation of transportation capacity, refining the management and control of full load rates at stations and carriages. Aiming at recovery of operation resilience of urban rail transit, effective measures for epidemic prevention and con- trol are of great significance to the modernization of the governance system and management capacity of transpor- tation industry.
    [Show full text]