智通财经APP讯，绿地香港(00337)发布截至2024年12月31日止年度业绩，集团收益人民币152.76亿元， 同比减少38.73%;股东应占亏损20.94亿元，同比扩大19.5%;每股亏损0.76元。 2024年，在集团战略方针的引领下，通过灵活应用创新机制有效应对了行业挑战，不仅在核心业务领域 实现了全方位布局的深化，还在多个重点项目上展现了卓越的执行力与攻坚克难破局精神。公司在多元 化突破与创新求变的导向下，不断拓宽业务边界，挖掘新的价值源泉，在深化内部改革、强化运营管理 以及积极拥抱变化方面取得了显着的成效。 依托绿地品牌和资源优势，赋能新赛道业务，孵化"绿地智造"轻资产代建平台。从产品力、品牌力、项 目管理、资源整合、全业态开发等各方面出发，聚焦与各地城投、国资平台合作，为客户提供全产业链 与全生命周期管理服务，打造一批代建标竿项目，引领行业新发展。 在回顾年度内，绿地香港共荣获行业奖项10项，其中国际奖项2项，国内奖项8项。在住房租赁领域，菁 舍凭藉卓越经营与品牌影响力，斩获住房租赁行业"奥斯卡"广厦大奖及多项行业重要奖项，如"全国集 中式品牌公寓 top10""模式创新领航品牌"等。在代建业 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 備 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 會 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 GREENLAND HONG KONG HOLDINGS LIMITED 綠地香港控股有限公司 （於 開 曼 群 島 註 冊 成 立 之 有 限 公 司） （股 份 代 號：337） 二零二四年年度業績公告 綠地香港控股有限公司（「本公司」或「綠地香港」）董事會欣然宣佈本公司及其子 公 司（統 稱「本集團」）截至二零二四年十二月三十一日止年度（「二零二四年財政 年 度」）的 經 審 核 綜 合 業 績 及 財 務 狀 況，連 同 二 零 二 三 年 同 期 的 比 較 數 字 如 下： 綜合損益及其他全面利潤表 截至二零二四年十二月三十一日止年度 | | | 二零二四年 | 二零二三年 | | --- | --- | --- | --- | | | 附 註 | 人民幣千元 | 人民幣千元 | | 收 益 | 5 | 15,275,935 | 2 ...

4.6mm HONG KONG HOLDINGS LIMITED 綠地香港控股有限公司 Stock Code 股份代號 : 337.HK (Incorporated in the Cayman Islands with limited liability) ( 於開曼群島註冊成立之有限公司 ) 中期報告 INTERIM REPORT 2O24 目錄 CONTENTS 2 Corporate Information 公司資料 4 Financial Highlights 財務摘要 6 Management Discussion and Analysis 管理層討論及分析 19 Corporate Governance and Other Information 企業管治及其他資料 29 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 簡明綜合損益及其他全面利潤表 31 Condensed Consolidated Statement of Financial Position 簡明綜合財務狀況表 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 備 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 會 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 GREENLAND HONG KONG HOLDINGS LIMITED 綠地香港控股有限公司 （於 開 曼 群 島 註 冊 成 立 之 有 限 公 司） （股 份 代 號：337） 二零二四年中期業績公告 綠地香港控股有限公司（「本公司」或「綠地香港」）董事會欣然宣佈本公司及其 子公司（統 稱「本集團」）截至二零二四年六月三十日止六個月（「二零二四年上 半 年」）的 未 經 審 核 中 期 業 績，連 同 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月（「二 零 二三年上半年」）的 比 較 數 字 如 下： 簡明綜合損益及其他全面利潤表 截至二零二四年六月三十日止六個月 | --- | --- | --- | --- | |---------------------------------------------------- ...

GREENLAND HONG KONG HOLDINGS LIMITED 綠地香港控股有限公司 Stock Code 股份代號 : 337.HK (Incorporated in the Cayman Islands with limited liability) ( 於開曼群島註冊成立之有限公司 ) 行穩致遠，匠心追夢 PURSUING SUSTAINABLE DEVELOPMENT THROUGH ENDLESS INGENUITY Greenland Hong Kong Holdings Limited (337.HK) is a subsidiary of Greenland Holdings Corporation Limited ("Greenland Holdings"), one of Fortune Global 500. Greenland Holdings is a diversified enterprise group with global operations. Ever since its establishment in 1992, Greenland Holdings ha ...

| --- | --- | --- | |--------------|------------|------------| | | | | | 0–90 日 | 19,424,554 | 18,826,085 | | 91–180 日 | 346,095 | 578,035 | | 181–365 日 | 1,636,312 | 2,290,710 | | 超 過 365 日 | 5,845,627 | 5,637,579 | (i) 應 收 關 聯 方 的 其 他 應 收 款 項 為 無 抵 押 並 須 按 要 求 償 還。 (ii) 預 期 應 收 獨 立 第 三 方 的 其 他 應 收 款 項 於 一 年 內 清 還 或 收 回。 – 20 – 16. 永久證券 於二零一六年七月二十七日（「發 行 日 期」），本 集 團 發 行 本 金 總 額 為120,000,000美元的以美 元計值的高級永久資本證券（「永 久 證 券」）。永 久 證 券 賦 予 持 有 人 權 利，自 發 行 日 期 起 按 適 用 的 分 派 率 每 半 年 期 末 收 取 以 美 元 支 付 的 分 派。 永久證券僅對本集團 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 備 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 會 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 GREENLAND HONG KONG HOLDINGS LIMITED 截至二零二三年十二月三十一日止年度 綠地香港控股有限公司 （於 開 曼 群 島 註 冊 成 立 之 有 限 公 司） （股 份 代 號：337） 二零二三年年度業績公告 綠地香港控股有限公司（「本公司」或「綠地香港」）董事會欣然宣佈本公司及其子 公 司（統 稱「本集團」）截至二零二三年十二月三十一日止年度（「二零二三年財政 年 度」）的 經 審 核 綜 合 業 績 及 財 務 狀 況，連 同 二 零 二 二 年 同 期 的 比 較 數 字 如 下： 綜合損益及其他全面利潤表 截至二零二三年十二月三十一日止年度 | | | | 二零二三年 | | | | | | | 二零二二年 人民幣千元 | | | | | --- | --- | --- | --- | --- | -- ...

Sales Performance - Contracted sales for the first six months of 2023 amounted to approximately RMB 8,970 million, representing a 9.62% increase compared to the same period last year[14] - The contracted GFA sold during the period was approximately 760,473 sq.m., a decrease of 7.43% year-over-year[14] - The average selling price for the period was approximately RMB 11,795 per sq.m.[14] - Key regions contributing to contracted sales include Jiangsu (35%), Guangdong (34%), Zhejiang (17%), and Guangxi (10%)[14] - Contract sales for the first half of 2023 reached approximately RMB 8.97 billion, with a total sold contracted gross floor area of approximately 760,473 square meters[37] - Property sales revenue increased by 68% year-on-year to approximately RMB7,790 million in 1H2023, accounting for 95% of total revenue[20][21] - Property sales increased by RMB 3,139,844 thousand (67.5%) to RMB 7,790,022 thousand compared to the previous period[196] Financial Position - Total assets as of 30 June 2023 were RMB 144,267 million, a decrease of RMB 5,384 million compared to 31 December 2022[6] - Total liabilities as of 30 June 2023 were RMB 121,789 million, a decrease of RMB 4,649 million compared to 31 December 2022[6] - Total equity as of 30 June 2023 was RMB 22,478 million, a decrease of RMB 735 million compared to 31 December 2022[6] - Total equity decreased to approximately RMB22,478 million as of 30 June 2023, down from approximately RMB23,212 million at the end of 2022[24] - Net gearing ratio increased to 51% as of 30 June 2023, up from 48% at the end of 2022[24] - Total cash and cash equivalents (including restricted cash) amounted to approximately RMB3,619 million as of 30 June 2023[24] - Total liabilities decreased to RMB 121,789,370 thousand as of 30 June 2023, compared to RMB 126,438,130 thousand at the end of 2022[94] - Total equity and liabilities decreased to RMB 144,267,014 thousand as of 30 June 2023, down from RMB 149,650,517 thousand at the end of 2022[94] - Total assets decreased to RMB 144,267,014,000 from RMB 149,650,517,000, reflecting a reduction in both current and non-current assets[131] Revenue and Profit - Total revenue for the first half of 2023 was approximately RMB 8.233 billion, a 64% increase compared to the same period last year[37] - Profit attributable to owners of the company for the first half of 2023 was approximately RMB 82 million, a 23% decrease year-on-year[37] - Gross profit increased to approximately RMB 1.584 billion in the first half of 2023, up from approximately RMB 930 million in the same period last year, with a stable gross profit margin of 19%[48] - Revenue for the six months ended 30 June 2023 increased to RMB 8,232,782 thousand, up from RMB 5,023,101 thousand in the same period in 2022[113] - Gross profit for the six months ended 30 June 2023 was RMB 1,583,602 thousand, compared to RMB 929,586 thousand in the same period in 2022[113] - Profit for the period was RMB 33,498 thousand, up from RMB 11,532 thousand in the same period in 2022[113] - Basic earnings per share for the six months ended 30 June 2023 were RMB 0.03, compared to RMB 0.04 in the same period in 2022[114] - The company recognized a gain on disposal of interests in subsidiaries of RMB 4,180 thousand in 2023, compared to no gain in 2022[113] - Total comprehensive income for the period was RMB 193,155 thousand, compared to RMB 98,823 thousand in the previous period[96] - Profit attributable to owners of the company for the six months ended 30 June 2023 was RMB 81,910 thousand, down from RMB 105,864 thousand in the same period in 2022[152] - Total revenue increased by RMB 3,209,681 thousand (63.9%) to RMB 8,232,782 thousand[196] Costs and Expenses - Cost of sales rose by 62% to approximately RMB6,649 million in 1H2023, primarily due to land costs, construction costs, and sales tax[22] - Administrative expenses decreased by 23% to approximately RMB207 million, while selling and marketing costs decreased by 8% to approximately RMB296 million in 1H2023[23] - Finance costs decreased from approximately RMB99 million in 1H2022 to approximately RMB71 million in 1H2023[23] - The Group recorded a fair value loss on investment properties of approximately RMB389 million in 1H2023, compared to a loss of approximately RMB14 million in 1H2022[23] - Cost of properties sold surged to RMB 6,288,663 thousand in 2023, up from RMB 3,647,316 thousand in 2022[53] - Finance costs decreased to RMB 71,321 thousand in 2023 from RMB 98,573 thousand in 2022[113] - Selling and marketing expenses decreased to RMB 296,105 thousand in 2023 from RMB 320,543 thousand in 2022[113] - Administrative expenses decreased to RMB 206,763 thousand in 2023 from RMB 268,602 thousand in 2022[113] - The company reported a loss on the change in fair value of investment properties of RMB 389,148 thousand in 2023, compared to RMB 14,281 thousand in 2022[113] - Current tax expenses increased to RMB 535,868 thousand, up from RMB 320,667 thousand in the previous year[76] - PRC Enterprise Income Tax (EIT) expense rose to RMB 327,852 thousand from RMB 229,142 thousand[76] - PRC Land Appreciation Tax (LAT) expense increased significantly to RMB 208,016 thousand from RMB 91,525 thousand[76] Strategic Development and Operations - The company is focusing on enhancing delivery and operating capabilities, adhering to the central government's call for "guaranteeing property delivery, guaranteeing people's livelihood, and guaranteeing stability"[14] - The company is integrating new media platforms to enhance online customer engagement and drive offline sales[15] - Future strategic development will focus on green construction, energy conservation, emission reduction, and low-carbon development, aiming for stable and sustainable growth[18] - The Group focused on cost reduction and efficiency enhancement by optimizing construction practices, materials, and craftsmanship, contributing to overall cost savings[41][42] - The Group emphasized improving product quality and optimizing display areas to boost customer confidence in purchases[41] - The Group plans to deepen transformation and upgrading, improve "old arenas," and actively open up "new arenas" as part of its development strategy for the next three years[44] - The Yiwu Greenland Epoch Gate project, with a GFA of approximately 230,000 square meters, officially commenced operation on 29 April 2023, introducing over 260 brands[44] Employee and Shareholder Information - The Group employed a total of 2,792 employees as of 30 June 2023, down from 3,250 employees in the same period of 2022[30] - Staff costs decreased to RMB 145,226 thousand in 2023 from RMB 205,106 thousand in 2022, with salaries and other benefits dropping to RMB 168,527 thousand from RMB 222,342 thousand[53] - The company's largest shareholder, Gluon Xima International Limited, holds 59.11% of the issued shares[149] - HSBC International Trustee Limited holds 12.84% of the company's issued shares, acting as a trustee[149] - Share-based payment outstanding shares remained unchanged at 22,697 thousand shares with a book value of RMB 49,279 thousand[186] Investment Properties and Assets - Investment properties under development decreased to RMB 10,387,000 thousand as of 30 June 2023, down from RMB 11,181,000 thousand at the start of the year[57] - The fair value of investment properties as of 30 June 2023 was determined by an independent valuer, Cushman & Wakefield[57][60] - Additions to investment properties amounted to RMB 300,205 thousand during the six months ended 30 June 2023[57] - Disposals of investment properties totaled RMB 705,057 thousand during the same period[57] - Total non-current assets decreased to RMB 21,049,080,000 from RMB 21,467,532,000, reflecting a slight decline in long-term investments and property holdings[131] - Current assets decreased to RMB 123,217,934,000 from RMB 128,182,985,000, primarily due to a reduction in properties under development and bank balances[131] - Properties under development remained stable at RMB 29,158,631 thousand compared to RMB 29,122,459 thousand at the end of 2022[182] Liabilities and Loans - The Group provided guarantees to banks amounting to approximately RMB21,982 million as of 30 June 2023, down from approximately RMB25,599 million at the end of 2022[28] - Total liabilities for property sales decreased to RMB 148,489,340 thousand from RMB 152,820,217 thousand[70] - Total reportable segment liabilities decreased to RMB 121,789,370 thousand from RMB 126,438,130 thousand[70] - Non-current liabilities decreased to RMB 5,950,696 thousand as of 30 June 2023, down from RMB 7,349,992 thousand at the end of 2022[94] - Current liabilities decreased to RMB 115,838,674 thousand as of 30 June 2023, compared to RMB 119,088,138 thousand at the end of 2022[94] - Interest-bearing loans under non-current liabilities decreased to RMB 4,354,224 thousand as of 30 June 2023, down from RMB 5,406,771 thousand at the end of 2022[94] - Contract liabilities decreased to RMB 41,632,431 thousand as of 30 June 2023, compared to RMB 44,798,581 thousand at the end of 2022[94] - The company's secured bank loans amounted to RMB 13,640,408 thousand, and unsecured bank loans were RMB 1,391,188 thousand as of 30 June 2023[158] - Loans repayable within one year amounted to RMB 10,677,372 thousand, a slight increase from RMB 10,315,099 thousand at the end of 2022[181] - Loans repayable within more than one year but not exceeding two years decreased to RMB 4,274,148 thousand from RMB 5,187,333 thousand[181] Cash Flow and Financing - Net cash used in operating activities was RMB 203,910 thousand for the six months ended 30 June 2023, compared to RMB 149,604 thousand in the same period in 2022[120] - Proceeds from disposal of investment properties and property, plant, and equipment amounted to RMB 705,129 thousand for the six months ended 30 June 2023, down from RMB 857,857 thousand in the same period in 2022[120] - Repayments from related parties totaled RMB 613,362 thousand for the six months ended 30 June 2023, up from RMB 537,643 thousand in the same period in 2022[120] - Net cash used in investing activities was RMB 107,552 thousand for the six months ended 30 June 2023, compared to net cash from investing activities of RMB 3,595,993 thousand in the same period in 2022[120] - Net cash used in financing activities was RMB 962,016 thousand for the six months ended 30 June 2023, compared to RMB 5,530,842 thousand in the same period in 2022[120] - Cash and cash equivalents as at 30 June 2023 were RMB 1,739,814 thousand, down from RMB 5,348,096 thousand as at 30 June 2022[120] - Dividends paid to perpetual securities holders amounted to RMB 41,413 thousand for the six months ended 30 June 2023[118] - Distribution paid to non-controlling shareholders of subsidiaries was RMB 728,892 thousand for the six months ended 30 June 2023[118] Segment Performance - External sales revenue for the six months ended 30 June 2023 was RMB 4,650,178 thousand, with total segment revenue reaching RMB 6,147,869 thousand[125] - Segment loss for property sales was RMB 215,332 thousand, while property leasing and hotel services generated profits of RMB 50,822 thousand and RMB 169,077 thousand respectively[125] - Total segment assets as of 30 June 2023 amounted to RMB 177,695,134 thousand, with property sales contributing RMB 155,624,911 thousand[127] - Inter-segment sales for the period were RMB 1,124,768 thousand, primarily from property management and other services[125] - Share of results from joint ventures contributed RMB 37,358 thousand to the period's profit[125] - Segment assets for hotel and related services increased to RMB 2,076,253 thousand as of 30 June 2023, up from RMB 1,691,317 thousand at the end of 2022[127] - External sales revenue for properties and leasing reached RMB 7,790,022,000, contributing significantly to the total segment revenue of RMB 8,800,698,000[134] - Segment profit for property sales was RMB 300,260,000, while property leasing incurred a loss of RMB 262,214,000[134] - Property management and other services revenue increased by RMB 80,253 thousand (32.9%) to RMB 323,935 thousand[196] - Lease of properties revenue slightly increased by RMB 263 thousand (0.3%) to RMB 98,194 thousand[196] - Hotel and related services revenue decreased by RMB 10,679 thousand (34.1%) to RMB 20,631 thousand[196] Other Financial Information - Depreciation of property, plant and equipment increased to RMB 28,736 thousand in 2023 from RMB 28,430 thousand in 2022[53] - Earnings for basic earnings per share decreased to RMB 81,910 thousand in 2023 from RMB 105,864 thousand in 2022[56] - No dividends were paid, declared, or proposed during the interim period[55] - The weighted average number of ordinary shares for basic earnings per share remained constant at 2,769,188 thousand shares[56] - Trade receivables decreased to RMB 371,109 thousand as of 30 June 2023, down from RMB 401,785 thousand at the end of 2022[66] - Other receivables, net of allowance for credit losses, decreased to RMB 19,187,550 thousand from RMB 20,009,887 thousand over the same period[66] - Net foreign exchange loss for the six months ended 30 June 2023 was RMB 91,385 thousand, compared to RMB 131,826 thousand in the same period of 2022[72] - Interest expenses on interest-bearing loans decreased to RMB 406,843 thousand from RMB 519,986 thousand year-over-year[74] - Trade and other receivables overdue for more than 365 days stood at RMB 223,989 thousand as of 30 June 2023, a slight decrease from RMB 229,730 thousand at the end of 2022[159] - Trade payables due within 0–90 days were RMB 17,425,156 thousand, while those overdue for more than 365 days were RMB 5,267,056 thousand as of 30 June 2023[167] - The carrying amount of shares held for the share award scheme remained unchanged at RMB 49,279,000 as of 30 June 2023[168] - Rental income from leases amounted to RMB 98,194 thousand in the first half of 2023, slightly higher than RMB 97,931 thousand in the same period in 2022[154] - The company's total interest-bearing loans stood at RMB 15,031,596 thousand as of 30 June 2023, a decrease from RMB 15,721,870 thousand at the end of 2022[158] - Trade payables decreased slightly to RMB 26,662,493 thousand from RMB 27,332,409 thousand[182] - Retained earnings as at 30 June 2023 were RMB 8,590,473 thousand, up from RMB 14,002,044 thousand as at 1 January 2023[118] - Total comprehensive income for the period was RMB 82,863 thousand, including other comprehensive income of RMB 953 thousand[118] - The company applied new and amended IFRSs, including IFRS 17 (Insurance Contracts) and amendments to IAS 8 and IAS 12, effective from 1 January 2023[121] - The company's condensed consolidated financial statements were prepared in accordance with IAS 34 and Hong Kong Stock Exchange listing rules[121] - Impairment loss on trade receivables was RMB 199,000, while other receivables saw a reversal of RMB 5,716,000[137]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負責，對其準確性或完備性亦不發表任何聲明，並明確表示概不會對因本公告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 GREENLAND HONG KONG HOLDINGS LIMITED 綠 地 香 港 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） 337 （股份代號： ） 二 零 二 三 年 中 期 業 績 公 告 綠地香港控股有限公司（「本公司」或「綠地香港」）董事會欣然宣佈本公司及其 子 公 司（統 稱「本 集 團」）截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月（「二 零 二 三 年 上 半年」）的未經審核中期業績，連同截至二零二二年六月三十日止六個月（「二零 二二年上半年」）的比較數字如下： 簡明綜合損益及其他全面利潤表 截至二零二三年六月三十日止六個月 截至六月三十日止六個月 附註 二零二三年 二零二二年 人民幣千元 人民幣千元 （未經審核） （未經審核） 收益 3A 8,232,782 5,023,101 銷售成本 (6,649,180) (4,093,515) 毛利 1 ...

Financial Performance - Revenue for 2022 was RMB 26,614 million, a decrease of RMB 7,313 million (approximately 21.5%) from RMB 33,927 million in 2021[8]. - Gross profit for 2022 was RMB 4,099 million, down by RMB 4,371 million (approximately 51.7%) compared to RMB 8,470 million in 2021[8]. - Profit for the year attributable to owners of the Company was RMB 481 million, a decline of RMB 1,674 million (approximately 77.8%) from RMB 2,155 million in 2021[8]. - Earnings per ordinary share decreased to RMB 0.17, down by RMB 0.61 (approximately 78.2%) from RMB 0.78 in 2021[8]. - Total equity for 2022 was RMB 23,213 million, a slight decrease of RMB 391 million (approximately 1.7%) from RMB 23,604 million in 2021[11]. - Total assets decreased to RMB 149,651 million, down by RMB 19,095 million (approximately 11.3%) from RMB 168,746 million in 2021[11]. - Total liabilities decreased to RMB 126,438 million, a reduction of RMB 18,704 million (approximately 12.9%) from RMB 145,142 million in 2021[11]. - The Group's net profit attributable to shareholders was approximately RMB 481 million, with a basic earnings per share of approximately RMB 0.17[155]. - The total revenue from property sales was approximately RMB 25,677 million, representing a decrease of approximately 22% compared to the previous year[158]. - The Group's gross profit decreased from approximately RMB 8,470 million in 2021 to approximately RMB 4,099 million in 2022, with the gross profit margin dropping from approximately 25% to 15%[183]. Market Conditions - The real estate industry in China faced significant challenges in 2022, including plummeting market sales and debt defaults among enterprises, impacting overall market performance[21][23]. - China's GDP for 2022 was RMB 121 trillion, reflecting a growth rate of 3.0% despite challenges from the COVID-19 pandemic and geopolitical conflicts[20][23]. - The macroeconomic environment in China remained stable, with a gradual rise in market confidence as the effects of policies to "stabilize growth" were realized[147]. - The real estate market in China showed signs of stabilization by the end of 2022, with financing activities gradually returning to normal[148]. - Local governments implemented city-specific policies to support rigid demand for residential housing, adhering to the principle of "no speculation on residential properties"[148]. Strategic Initiatives - The Group adopted a prudent investment strategy to ensure long-term stable development while consolidating and restructuring its regional companies in Eastern and Southern China[34]. - The Group plans to focus on first-tier cities and adopt a prudent investment strategy for long-term stable development[172]. - The Group's strategic adjustments included prudent investment in projects to navigate the challenges posed by the COVID-19 pandemic and market adjustments[152]. - The Group focused on destocking, innovative sales and marketing, and strengthening risk control to secure its development amidst market challenges[152]. - The Group implemented a "transparent house" standardization system to enhance customer trust and improve sales performance in a challenging market environment[164]. Project Development - The Company developed 114 projects across 37 cities in 9 provinces, focusing on the Yangtze River Delta and Pan-Pearl River Delta regions[3]. - The Group maintained a land bank of approximately 21 million sq.m. as of December 31, 2022, strategically concentrated in key cities in China, sufficient to support development for the next two to three years[34]. - The Group's development portfolio includes 11 product categories, emphasizing high-quality intelligent communities and sustainable development in project development[37]. - Greenland's projects include mixed-use developments that integrate residential, commercial, and hotel facilities, catering to diverse market needs[63]. - The Group emphasizes the integration of sustainable development concepts throughout the entire project development cycle[37]. Awards and Recognition - The Company won 22 industry awards in 2022, including 17 international awards and 5 domestic awards, reflecting its commitment to enhancing lifestyle amenities[16]. - The Group's corporate image was enhanced through recognition as the "Most Valuable Real Estate and Property Company" at the "7th Zhitong Finance Listed Company Selection"[153]. Sales Performance - In 2022, Greenland HK's contracted sales amounted to approximately RMB 15,726 million, with a total contracted GFA sold of approximately 1,567,717 sq.m., aligning with expectations[30][32]. - The total contracted sales of the Group amounted to approximately RMB 15,726 million, with a total contracted gross floor area (GFA) sold of approximately 1,567,717 square meters[154]. - The average selling price was approximately RMB 10,665 per square meter, reflecting a decrease in market performance[158]. - The total GFA of sold and delivered projects was approximately 2,327,180 square meters, which is a decrease of approximately 13% from the previous year[157]. Cost Management - Operating expenses decreased significantly, with administrative expenses down approximately 35% to RMB 621 million and selling and marketing costs down approximately 19% to RMB 856 million[188]. - Income tax expenses decreased by approximately 61% from RMB 3,855 million in 2021 to approximately RMB 1,489 million in 2022, mainly due to reduced revenue[191]. - Financing costs decreased from approximately RMB 255 million in 2021 to approximately RMB 132 million in 2022[194]. - Fair value loss of investment properties amounted to approximately RMB 273 million in 2022[195].