Wang Shi returned to real estate?

Deeply cultivating the track of the stock era, Wang Shi returns to the main battlefield of real estate with his new company

In recent years, the real estate industry has undergone profound adjustments. Many established real estate tycoons have sadly withdrawn from the industry, and the industry structure has been completely reshaped. Wang Shi, who retired as early as 2017, became one of the few first-generation real estate leaders to land smoothly and retire unscathed. After retiring, Wang Shi did not stop entrepreneurship, relying on the “Deep Stone Series” to lay out emerging tracks such as carbon-neutral communities, sports and health, and green finance. However, several cross-border attempts failed to form a mature business model and achieve large-scale implementation.

Having been deeply engaged in real estate for more than 30 years, real estate has always been the field that Wang Shi is most familiar with and best at. As the industry enters a new development cycle, Wang Shi chose to enter the industry again and officially returned to the real estate track.

The latest information from Qichacha shows that on September 28, Shenzhen Shenshi Urban Renewal Co., Ltd. was officially registered with a registered capital of 15 million yuan and its registered address is located in Xiaomeisha Community, Yantian District, Shenzhen. The company has Du Jiliang as its legal representative and Wang Shi as its chairman. Its business scope covers commercial complex management, tourism project planning, self-owned capital investment, hotel management and other diversified fields, accurately anchoring the core track of urban renewal.

This comeback layout accurately hits the core trend of iteration in the real estate industry. The current property market has completely bid farewell to the era of incremental development and entered a new stage of stock operation. Data shows that the proportion of second-hand housing transactions nationwide has climbed from 27% in 2020 to 52% in the first eight months. Existing housing transactions already account for half of the market, and urban renewal has become the core blue ocean track of the future real estate industry. Different from the past extensive development model of large-scale demolition and construction, urban renewal in the new era focuses more on refined transformation, low-carbon upgrades, commercial operations and long-term management, and the threshold and professionalism requirements have been significantly increased.

The benefits of continued policy releases provided Wang Shi with key confidence to enter the game. On the day the new company was established, the National Standing Committee clearly stated that it would study and introduce relevant policies to stabilize the real estate market and promote employment and income, releasing a major positive signal for the stabilization and recovery of the industry. With decades of industry sensitivity in real estate, Wang Shi has accurately captured market shifts and policy dividends. This layout is not a rash test, but a precise positioning in line with the trend. The industry speculates that he has most likely reserved resources for related projects before the company was established.

The ownership structure of the new company further demonstrates Wang Shi’s ingenuity in layout and connections. Equity penetration information shows that the company has a total of five shareholders, covering industrial practitioners and fund investment institutions, achieving a powerful combination of industrial resources and capital markets. This not only confirms that Wang Shi’s industry circle and network advantages are still stable after many years of retirement, but also fits the development logic of urban renewal in the new era. Today’s urban renewal projects require not only capital empowerment to provide financial support, but also industrial operation capabilities to implement scenarios and revitalize assets. Both are indispensable.