Land Bank and Property Development - Total land bank as of 30 June 2024 is approximately 34.3 million sq.m., with attributable GFA of 19.7 million sq.m.[4] - The company focuses on property development in first- and second-tier cities in China, covering residential, office, and commercial complexes[5] - CIFI Holdings operates in 4 key regions in China: Yangtze River Delta, Pan Bohai Rim, Central Western Region, and South China Region[5] - The Group's total land bank as of June 30, 2024, was approximately 34.3 million sq.m., with no new land acquisitions in H1 2024[32] - Total land bank as of 2024 is 34,300,087 sq.m., with Central Western Region accounting for 39.3% (13,467,308 sq.m.) and South China accounting for 9.0% (3,084,272 sq.m.)[85] - The Group's total land bank GFA was approximately 34.3 million sq.m. as of 30 June 2024, with an attributable GFA of approximately 19.7 million sq.m.[82] Financial Performance - Contracted sales for the six months ended 30 June 2024 were RMB20.31 billion, a year-on-year decrease of 51.6% from RMB41.94 billion in the same period in 2023[17][18] - Recognised revenue for the six months ended 30 June 2024 was RMB20,206.0 million, a year-on-year decrease of 35.5% from RMB31,318.9 million in the same period in 2023[17][18] - The Group's loss for the six months ended 30 June 2024 was approximately RMB4,440.4 million, compared to a loss of approximately RMB9,132.1 million in the same period in 2023[19] - Core net loss attributable to equity owners for the six months ended 30 June 2024 was approximately RMB3,401.0 million, compared to a core net loss of approximately RMB1,764.7 million in the same period in 2023[19] - The Group's recognised revenue decreased by 35.5% year-on-year to approximately RMB20,206.0 million in the first half of 2024[58] - The Group's gross profit decreased by 45.4% year-on-year to approximately RMB2,708.1 million in the first half of 2024, with a gross profit margin of 13.4%[63][67] - The Group recognised a loss of approximately RMB1,649.2 million on write-down of properties held for sale and properties under development for sale in the first half of 2024[64][67] - The Group recognised a fair value loss on investment properties of approximately RMB371.0 million in the first half of 2024[65][68] - The Group's selling and marketing expenses decreased by 38.4% year-on-year to approximately RMB675.0 million in the first half of 2024[69] - The Group's administrative expenses decreased by 23.5% year-on-year to approximately RMB915.5 million in the first half of 2024[70] - The Group's total debt was approximately RMB88.6 billion as of 30 June 2024, compared to RMB92.3 billion as of 31 December 2023 and RMB102.2 billion as of 30 June 2023[71] - The Group's share of results of joint ventures and associates amounted to a loss of approximately RMB80.7 million for the six months ended 30 June 2024, compared to a loss of RMB564.1 million in the same period last year[72] - The Group's finance costs expensed increased to approximately RMB1,841.3 million for the six months ended 30 June 2024, up from RMB1,415.9 million in the corresponding period of last year[72] - The Group's total indebtedness decreased to approximately RMB88.6 billion as of 30 June 2024, compared to RMB92.3 billion as of 31 December 2023 and RMB102.2 billion as of 30 June 2023[73] - The Group's income tax expenses decreased by 57.5% to approximately RMB987.2 million for the six months ended 30 June 2024, down from RMB2,321.0 million in the same period last year[73] - The Group's loss before tax was approximately RMB3,453.2 million for the six months ended 30 June 2024, compared to a loss of RMB6,811.0 million in the corresponding period last year[75] - The Group's net loss attributable to equity owners was approximately RMB4,939.4 million for the six months ended 30 June 2024, compared to a net loss of RMB8,972.0 million in the same period last year[75] - The Group's properties under development for sale decreased to approximately RMB85,629.8 million as of 30 June 2024, down from RMB96,603.3 million as of 31 December 2023[80] - The Group's bank balances and cash (including restricted cash and pledged bank deposits) amounted to approximately RMB12.7 billion as of 30 June 2024[34] - The Group's contracted ASP for the first half of 2024 was approximately RMB12,257/sq.m., with residential projects averaging RMB12,532/sq.m. and office/commercial projects averaging RMB11,547/sq.m.[37][39] - Contracted sales from the South China Region contributed 12.3% of the total contracted sales, with an ASP of RMB12,196/sq.m.[41] - The Group is actively negotiating with bondholders and advisors to address offshore liquidity issues and ensure long-term sustainability[34][35] - Revenue recognised from property sales for the six months ended 30 June 2024 was RMB15,840.3 million, down 41.6% year-on-year, accounting for 78.4% of total recognised revenue[44][45] - The Group delivered approximately 1,246,811 sq.m. of properties in GFA, down 33.4% year-on-year, with an ASP of RMB12,705/sq.m., down 12.3% year-on-year[44][45] - Residential properties accounted for 92.6% of recognised revenue from property sales, with an ASP of RMB12,392/sq.m., down 17.4% year-on-year[46] - Revenue from the Yangtze River Delta region accounted for 35.9% of total property sales revenue, with an ASP of RMB12,690/sq.m., down 25.7% year-on-year[47] - Second-tier cities contributed 89.2% of property sales revenue, with an ASP of RMB13,328/sq.m., down 12.1% year-on-year[50] - As of 30 June 2024, the Group had over 180 completed property projects with unsold or undelivered GFA of approximately 10.3 million sq.m.[52][55] - The Group had over 120 property projects under development or held for future development with a total GFA of approximately 24.0 million sq.m. as of 30 June 2024[53][55] - The Group's leases and other service income related to investment properties increased by 10.1% year-on-year to approximately RMB788.7 million in the first half of 2024[56][57] - Property management and other services income increased by 9.1% year-on-year to approximately RMB3,209.0 million in the first half of 2024[56][57] - Sales of properties and other property related service income decreased by 41.4% year-on-year to approximately RMB16,208.3 million in the first half of 2024[58] - The Group's net debt-to-equity ratio increased to 132.6% as of 30 June 2024, up from 121.6% as of 31 December 2023[97] - The Group's debt-to-asset ratio rose slightly to 31.3% as of 30 June 2024, compared to 30.6% as of 31 December 2023[97] - The Group's current ratio remained stable at 1.0 times as of 30 June 2024, unchanged from 31 December 2023[97] - The Group provided guarantees amounting to approximately RMB9,612.4 million for loans incurred by joint ventures and associates as of 30 June 2024, down from RMB9,843.2 million as of 31 December 2023[96] - The Group employed approximately 28,059 employees in China (including Hong Kong) as of 30 June 2024, with 2,768 in property development and 25,291 in property management and other businesses[98] - The Board resolved not to declare an interim dividend for the six months ended 30 June 2024[175] - The Group reported a net loss attributable to shareholders of approximately RMB 4,939,432,000[182] - The Group faced defaults or cross-defaults on principal and interest payments totaling approximately RMB 52,600,950,000 as of 30 June 2024[182] - The company incurred a net loss attributable to equity owners of approximately RMB 4,939,432,000 for the six months ended 30 June 2024[184] - The company's revenue for the six months ended 30 June 2024 was RMB 20,206,011,000, a decrease from RMB 31,318,914,000 in the same period in 2023[187] - The company's gross profit for the six months ended 30 June 2024 was RMB 2,708,108,000, down from RMB 4,963,562,000 in the same period in 2023[187] - The company's total comprehensive expense for the six months ended 30 June 2024 was RMB 4,444,864,000, compared to RMB 9,151,957,000 in the same period in 2023[187] - The company's non-current assets as of 30 June 2024 were RMB 80,661,408,000, a decrease from RMB 83,262,672,000 as of 31 December 2023[191] - The company's current assets as of 30 June 2024 were RMB 202,125,392,000, down from RMB 217,818,220,000 as of 31 December 2023[191] - The company's properties under development for sale as of 30 June 2024 were RMB 85,629,831,000, a decrease from RMB 96,603,349,000 as of 31 December 2023[191] - The company's bank balances and cash as of 30 June 2024 were RMB 11,385,327,000, down from RMB 12,749,791,000 as of 31 December 2023[191] - The company's total liabilities as of 30 June 2024 were RMB 282,786,800,000, a decrease from RMB 301,113,448,000 as of 31 December 2023[191] - The company's total equity as of 30 June 2024 was RMB 80,661,408,000, down from RMB 83,262,672,000 as of 31 December 2023[191] - Current liabilities increased to RMB 208,520,782 as of June 30, 2024, compared to RMB 198,326,050 at the end of December 2023[192] - Net current assets decreased to RMB 3,799,342 as of June 30, 2024, from RMB 9,297,438 at the end of December 2023[192] - Total equity attributable to owners of the company increased to RMB 20,229,281 as of June 30, 2024, from RMB 15,200,708 at the end of December 2023[192] - Non-current liabilities increased to RMB 64,568,820 as of June 30, 2024, compared to RMB 57,191,002 at the end of December 2023[192] - The company's reserves increased to RMB 19,373,671 as of June 30, 2024, from RMB 14,345,098 at the end of December 2023[192] - The fair value change on investments in equity instruments resulted in a loss of RMB 19,895 for the period[194] - The company recognized a total comprehensive loss of RMB 8,132,064 for the six months ended June 30, 2024[194] - The company paid dividends of RMB 438,755 to non-controlling interests during the period[194] - The distribution to owners of perpetual capital instruments amounted to RMB 120,089 for the period[194] - Total equity as of June 30, 2024, was RMB 74,940,030, compared to RMB 56,130,402 at the end of December 2023[194] - Total comprehensive income for the period was RMB 1,640,600 thousand, with a loss attributable to equity owners of the company amounting to RMB 4,999,632 thousand[195] - Cash generated from operations for the six months ended 30 June 2024 was RMB 7,387,809 thousand, compared to RMB 12,310,847 thousand in the same period in 2023[198] - Net cash flows from operating activities for the six months ended 30 June 2024 were RMB 6,874,486 thousand, down from RMB 10,944,185 thousand in the same period in 2023[198] - Advances to non-controlling interests amounted to RMB 615,588 thousand, while repayments from non-controlling interests were RMB 708,522 thousand[198] - Net cash outflow from the acquisition of subsidiaries was RMB 72,499 thousand, compared to an inflow of RMB 188,751 thousand in the same period in 2023[198] - Net cash inflow from the disposal of subsidiaries was RMB 9,345 thousand, compared to an outflow of RMB 178,224 thousand in the same period in 2023[198] - Placement of pledged bank deposits amounted to RMB 737,772 thousand, while withdrawals were RMB 399,997 thousand[198] - Capital injection into joint ventures was RMB 103,537 thousand, and dividend received from joint ventures was RMB 3,300 thousand[198] - Interest received during the period was RMB 62,121 thousand, down from RMB 79,986 thousand in the same period in 2023[198] - Net cash flows from investing activities for the six months ended 30 June 2024 were RMB 284,326 thousand, compared to RMB 419,821 thousand in the same period in 2023[198] - Net cash used in financing activities was RMB 7,004,865 thousand for the six months ended 30 June 2024, compared to RMB 12,071,961 thousand in the same period of 2023[199] - Cash and cash equivalents decreased by RMB 707,955 thousand, ending at RMB 5,012,774 thousand as of 30 June 2024[199] - New bank and other borrowings raised amounted to RMB 736,177 thousand, a significant increase from RMB 18,000 thousand in the previous period[199] - Repayment of bank and other borrowings totaled RMB 7,345,370 thousand, compared to RMB 4,085,462 thousand in the prior period[199] - Advances from joint ventures increased to RMB 1,841,410 thousand, up from RMB 636,476 thousand in the previous period[199] - Repayment to joint ventures surged to RMB 6,231,146 thousand, compared to RMB 834,421 thousand in the prior period[199] - Advances from associates rose to RMB 5,139,042 thousand, a significant increase from RMB 212,505 thousand in the previous period[199] - Repayment to associates totaled RMB 3,570,265 thousand, compared to RMB 326,346 thousand in the prior period[199] - Interest paid amounted to RMB 1,920,453 thousand, slightly higher than RMB 1,734,949 thousand in the previous period[199] - Dividend paid to non-controlling interests was RMB 121,169 thousand, compared to none in the prior period[199] Market and Industry Trends - Cumulative trading volume of new housing in major cities dropped by 39% year-on-year in the first half of 2024[20] - Cumulative trading size of second-hand housing dropped by 8% year-on-year in the first half of 2024[20] - Core first-tier and second-tier cities are expected to stabilize in new housing transactions, with second-hand housing transaction shares continuing to expand[27] - The People's Bank of China established a RMB300 billion affordable housing refinancing loan with a 1.75% interest rate to support local SOEs in acquiring unsold commercial properties[24] - The down payment ratio for home purchases was lowered to 15%, and the mortgage interest rate floor was removed under the "517 New Deal"[24] Property Delivery and Sales - The Group delivered approximately 35,000 housing units year to date, ranking top 20 in the industry for units delivered[29] - Contracted sales for the first half of 2024 amounted to approximately RMB20.31 billion, a year-on-year decrease of 51.6% compared to RMB41.94 billion in the same period last year[36][37] - The Group's contracted sales in GFA for the first half of 2024 was approximately 1,657,300 sq.m., representing a decrease of 42.8% year-on-year[36][37] - Residential projects contributed 73.7% of the total contracted sales, while office/commercial projects accounted for 26.3%[38][39] - Contracted sales from first- and second-tier cities accounted for 87.5% of the total contracted sales, with first-tier cities contributing 9.5% and second-tier cities contributing 78.0%[38][42] - The Yangtze River Delta, Pan Bohai Rim, and Central Western Region each contributed approximately 29.7%, 29.0%, and 29.0% of the total contracted sales, respectively[38][41] - The Group ranked 22nd in China's real estate sales list for January-June 2024, according to CRIC Research[28] - The Group's domestic sales and cash collection remain crucial, with ongoing efforts to accelerate these processes[29] Ever Sunshine Services Performance - Ever Sunshine Services achieved a 5.9% revenue growth, reaching RMB3.37 billion in H1 2024, a record high[32] - Ever Sunshine Services' total contracted GFA reached 330 million sq.m., a 6.9

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 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全 部 或 任 何 部 份 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。 CIFI Holdings (Group) Co. Ltd. 旭輝控股（集團）有限公司 （於開曼群島註冊成立的有限公司） （股份代號：00884） （債 務 股 份 代 號: 05261、40046、40120、40316、40464、40519、40681、40682） 截 至 二 零 二 四 年 六 月 三 十 日 止 六 個 月 的 未 經 審 核 中 期 業 績 公 告 截 至 二 零 二 四 年 六 月 三 十 日 止 六 個 月 的 未 經 審 核 中 期 業 績 旭 輝 控 股（集 團）有 限 公 司（「本 公 司」）的 董 事 會（「董 事 會」）公 佈 本 公 司 及 其 附 屬 公 司（統 稱「本 集 ...

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 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 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。 CIFI Holdings (Group) Co. Ltd. 旭 輝 控 股（ 集 團 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：00884） 有關二零二三年報的 補充公告 茲提述旭輝控股（ 集團 ）有限公司（「本公司」）於二零二四年四月三十日所刊發截至 二零二三年十二月三十一日止年度的年度報告（「二零二三年報」）。除文義另有所 指外，本公告所用詞彙與二零二三年報所界定者具有相同涵義。 除二零 二三年報 所提供資 料外，本 公司謹就二 零二三年 報第84 至85 頁「董事 會報 告書」內「股份獎勵計劃」一節所載股份獎勵計劃提供以下補充資料。 經選定參與者於接納獎勵股份時毋須支付任何款項。 由於受託人以其持有的現有股份作為獎勵股份，故於截至二零二三年十二月三十 一日止年度概無新股份須就根據股份獎勵計劃授出的獎勵而發行。 ...

cti CIFI GROUP 旭輝控股(集團)有限公司 CIFI HOLDINGS (GROUP) CO. LTD. (Incorporated in the Cayman Islands with limited liability) Stock Code : 00884 ANNUAL REPORT 2023 年報 n was an y 失赴内海 十年 4.2 B 目 錄 | --- | --- | --- | --- | |-------|------------------------------------------------------------------------|-------|---------------------------------------------------------------------------------------------------| | | | | | | | CONTENTS | | | | 002 | 公司資料 Corporate Information | 114 | 獨立核數師報告 Independent Auditor's Repo ...

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的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 對 因 本 公 告 全 部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 CIFI Holdings (Group) Co. Ltd. 旭 輝 控 股（ 集 團 ）有 限 公 司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：00884） （債務股份代號: 05261、05925、40046、40120、40316、40464、40519、40681、40682） 截至二零二三年十二月三十一日止年度的 全年業績公告 | --- | --- | |-------|------------------------------------------------------------------------------------------------------------------| | | | | | 二零二三年業績摘要 | | • | 本集團（包 括 其 合 營 公 司 及 聯 營 ...

智通财经APP讯，旭辉控股集团(00884)发布公告，根据于2024年到期5.55亿美元6.55%优先票据(2024年 三月票据，股份代号：05925，国际证券识别码/普通编号：XS1969792800/196979280)的条款，2024年 三月票据的全数尚未偿还本金额连同累计及未支付的利息将于到期日2024年3月28日到期及应予支付。 诚如2022年公告所述，公司正就其境外债务寻求整体解决方案，并且已经暂停集团若干境外融资安排包 括在联交所上市的债务证券的偿付。因此，2024年三月票据预期将不会于到期日偿付。无法于到期时偿 付该本金将构成2024年三月票据及其他于联交所上市的本公司债务证券的违约事件。 另作通知，鉴于2024年三月票据将于2024年3月28日到期，2024年三月票据将于2024年3月28日于联交所 除牌。其于联交所除牌后，如需2024三月票据的更多资讯的票据持有人可于香港湾仔轩尼诗道28号太古 广场五座22楼联系公司，或于香港中环港景街1号国际金融中心一期28楼或Project.CIFI@htisec.com联系 公司的财务顾问海通国际证券有限公司。 应公司要求，公司的普通股股份已于202 ...

公司研究 | 动态跟踪 旭辉控股集团 00884.HK 化债迎新进展，关注后续境外债券重组落 中性（下调） 股价（2024年03月15日） 0.325港元 地 目标价格 0.34港元 52周最高价/最低价 0.82/0.19港元 总股本/流通H股（万股） 1,041,347/1,041,347 H股市值（百万港币） 3,384 核心观点 国家/地区 中国 行业 房地产 公司披露境外债务全面解决方案的初步提案及业务发展最新情况。截至 2023年 6月 30 报告发布日期 2024年03月17日 日，公司境外债务应占计息负债总额（不包括应计利息）约70亿美元。 ⚫ 公布境外债务全面解决方案的初步提案，目标削债 33 至 40 亿美元。2022Q3 以来 1周 1月 3月 12月 公司面临严峻的境内外偿债压力，22 年 11 月初宣布暂停支付所有境外债本金和利 绝对表现% 12.07 35.42 30.52 -55.48 息。境内债务方面，2023 年内到期的 71.8 亿元境内债皆已完成展期。境外债务方 相对表现% 9.82 30.55 30.94 -41.05 面，公司提交了关于境外流动资金状况全面解决方案，为 ...

3月7日，旭辉控股集团发布2024年2月未经审核营运数据。 公告显示，2月集团录得合同销售金额约人民币22.4亿元，合同销售面积约190,200平方米，合同销售均 价约人民币12,200元╱平方米，及公司股东权益应占合同销售金额约人民币11.5亿元。 1-2月，集团录得累计合同销售金额约人民币59.6亿元，较2023年同期的128.3亿元下降53.55%；合同销 售面积约500,700平方米，合同销售均价约人民币11,900元╱平方米，及公司股东权益应占合同销售金额 约人民币30.1亿元。 ...

智通财经APP获悉，内房股多数上扬，截至发稿，旭辉控股集团(00884)涨7.55%，报0.285港元；世茂集 团(00813)涨5.43%，报0.485港元；雅居乐集团(03383)涨2.74%，报0.75港元；龙湖集团(00960)涨 2.47%，报9.12港元。 消息面上，据央视新闻报道，根据住房城乡建设部和金融监管总局的要求，全国已有100多个城市建立 了城市房地产融资协调机制，精准支持房地产项目的合理融资需求。在这一机制协调下，银行对房地产 项目授信已超过1600亿元。此外，恒生指数公司近日公布2023年度季检结果，相关调整将于2024年3月4 日生效。其中，世茂集团、旭辉控股集团获纳入恒生综合指数。 最新一期贷款市场报价利率出炉，其中5年期LPR下调25个基点至3.95%。天风证券指出，不对称降息或 更符合当下政策稳地产、稳经济的诉求。更大幅度降低5年期LPR利率不仅能够降低居民购房成本和房 企融资成本，也能够向市场传递更积极的信号。 ...

智通财经APP讯，旭辉控股集团(00884)公布，于2024年2月14日，公司间接非全资附属CIFI St Leonards PtyLtd拟向SH South St Leonards Pty Ltd出售该物业(指位于悉尼的16幅相连地块)的60%权益，代价为 6630万澳元。 该物业指分别位于澳洲悉尼圣伦纳兹Berry Road22、24、26、28、30、32及34号、Holdsworth Avenue21、23、25、27、29及31号以及River Road42、44及46号的16幅相连地块，占地约8,700平方米， 预期将开发为五幢作住宅用途的公寓楼，总建筑面积约为22,800平方米。于本公告日期，已为该物业取 得开发许可，惟尚未动工。 公告称，为缓解该集团的境外流动资金压力及为其业务营运提供资金，该集团一直积极寻求出售境外资 产的机会。受澳洲加息以及建筑成本上升影响，预期该物业的融资成本及开发成本将会上升。董事认 为，旭辉出售事项可使集团避免产生前述额外成本及境外流动性进一步承压，并把握于悉尼现行物业市 场出售该物业权益的良机。 ...