Financial Performance - The total revenue for the year ended December 31, 2023, was RMB 3,302,755,000, a decrease of 4.24% from RMB 3,448,968,000 in 2022[7] - The comprehensive loss attributable to owners of the company for the year was RMB 489,333,000, compared to a profit of RMB 48,379,000 in the previous year[5] - The gross profit for the year was RMB 509,871,000, down 46.8% from RMB 956,997,000 in 2022[7] - The net loss for the year was RMB 422,414,000, compared to a profit of RMB 14,276,000 in 2022[9] - The company reported a significant increase in sales and service costs, which rose to RMB 2,792,884,000, up 12.1% from RMB 2,491,971,000 in the previous year[7] - The basic loss per share for the year was RMB (9.13), compared to earnings of RMB 0.83 per share in the previous year[13] - The group reported a net loss of RMB 1,267,232,000 for the year ended December 31, 2023, compared to a profit of RMB 1,542,443,000 in 2022, indicating a significant shift in financial performance[31] - The loss attributable to owners for the reporting period was approximately RMB 464,600,000, compared to a profit of approximately RMB 42,100,000 for the year ended December 31, 2022[117] - The group reported a loss of approximately RMB 422,400,000 for the reporting period, compared to a profit of approximately RMB 14,300,000 for the year ended December 31, 2022[142] Assets and Liabilities - The total assets of the group as of December 31, 2023, amounted to RMB 14,235,493,000, a decrease from RMB 13,712,319,000 in 2022, reflecting a decline of approximately 3.8%[31] - The group's total equity decreased to RMB 4,609,372,000 in 2023 from RMB 5,074,341,000 in 2022, representing a decline of about 9.2%[33] - The total liabilities of the group decreased from RMB 12,409,018,000 in 2022 to RMB 9,171,534,000 in 2023, a reduction of approximately 26.5%[33] - The company has a net current liability of approximately RMB 1,267,232,000, with cash and cash equivalents of only RMB 148,063,000[20] - The company’s total liabilities decreased from RMB 21,046,996,000 in 2022 to RMB 18,797,655,000 in 2023, a decrease of approximately 10.7%[54] - The group has pledged assets totaling approximately RMB 6,047,819,000 to secure bank and other borrowings, which are backed by investment properties valued at RMB 7,916,570,000 and property inventories of RMB 7,471,979,000[38] - The group has bank and other borrowings amounting to approximately RMB 6,047,800,000, a decrease from RMB 6,720,000,000 in 2022[173] Revenue Sources - Revenue from customer contracts for the property development segment was RMB 3,171,629,000, while rental income from the property investment segment was RMB 116,213,000, totaling RMB 3,186,542,000 for the reporting period[43] - The group's revenue primarily comes from property sales, accounting for approximately 96.0% of total revenue during the reporting period[136] - Property sales for the year 2023 are projected to be RMB 6,253,719,000, compared to RMB 8,977,138,000 in 2022, indicating a decrease of approximately 30.3%[47] - The company's property management and related service income was RMB 36,524,000, contributing to the overall revenue[51] - The company's rental income for the year was RMB 115,826,000, which is part of the total revenue[51] - Property investment income, including rental income, was approximately RMB 131,100,000, down from RMB 152,400,000 in 2022[196] Cost Management - The company has implemented cost control measures on sales costs and administrative expenses to manage financial performance[24] - The cost of property sales increased to approximately RMB 2,709,900,000, compared to RMB 2,485,000,000 in 2022, primarily due to rising construction material costs[197] - The financing costs for the year were RMB 117,778 thousand, reflecting an increase compared to the previous year[74] - The interest expense on bank and other borrowings was RMB 381,594,000, slightly up from RMB 376,229,000 in the previous year[103] Future Plans and Strategies - The company plans to actively negotiate with banks to renew loans due before December 31, 2024, to ensure sufficient working capital[22] - The group plans to accelerate the pre-sale and sale of developed properties to improve cash flow and financial conditions[38] - The group is exploring alternative financing options, including equity financing, to meet existing financial obligations and future operating expenses[38] - The group plans to adjust marketing strategies in response to policy changes and market cycle variations to enhance sales returns[135] - The group maintains a focus on accelerating sales, ensuring delivery, and securing cash flow for stable and sustainable growth[135] Market Conditions - The fair value change of investment properties resulted in a loss of RMB 394,681,000, compared to a loss of RMB 7,111,000 in 2022[7] - The fair value loss on investment properties for the reporting period was approximately RMB 394,700,000, an increase from RMB 7,100,000 in 2022, indicating a substantial decline in market conditions[168] - The group is currently assessing the impact of new accounting standards that have been issued but are not yet effective, with no significant impact anticipated on the consolidated financial statements[42] Dividends - The company did not declare or propose any dividends for the year, consistent with the previous year[84] - The group does not recommend the payment of any final dividend for the reporting period[144]

智通财经APP数据显示，先思行集团(00595)、中国三迪(00910)、大地国际集团(08130)、希慎兴业(00014)、信和置业(00083)、中国心连心化肥(01866)于2024年3月15日进行了最新股东权益披露。 股票名称 机构名称 性质 变动前持股 变动后持股 持股比 先思行集团(00595) B.K.S. Company Limited 好仓 4.19 亿股 4.20 亿股 46.17%(最新)46.16%(前次) 中国三迪(00910) Primary Partner International Limited 好仓 16.99 亿股 38.19 亿股 75.05%(最新)33.39%(前次) 大地国际集团(08130) 吴筱明 好仓 3558.00 万股 3548.00 万股 0.97%(最新)0.98%(前次) 希慎兴业(00014) 利蕴莲 好仓 450.45 万股 453.45 万股 0.44%(最新)0.43%(前次) 中国三迪(00910) 郭加迪 好仓 46.02 亿股 67.22 亿股 132.11%(最新)90.45%(前次) 先思行集团(00 ...

智通财经APP讯，中国三迪(00910)发布公告，于2024年1月30日，该公司与Primary Partner订立可换股债券修订契据，公司与Primary Partner已有条件同意修订可换股债券条款及条件，以使： 可换股债券的本金额将由5亿港元变更为3亿港元;到期日将由2024年1月30日变更为2029年1月30日;年利率由1%变更为2%;Primary Partner有权要求公司赎回所有未偿还可换股债券;及可换股债券的转换价将由每股转换股份0.412港元变更为0.090港元。可换股债券修订契据将自2024年1月30日起追溯生效，惟须待若干先决条件获达成后，方可作实。除建议可换股债券修订外，可换股债券的所有其他条款及条件将维持不变。 于2024年1月30日，公司与Primary Partner订立承兑票据修订契据，公司与Primary Partner已同意修订承兑票据的条款，以使：承兑票据的本金额将由6亿港元变更为8亿港元;到期日将由2024年1月30日变更为2029年1月30日;2019年11月30日后第六年至第十年的年利率仍为6%;及Primary Partner有权要求公司赎回全部或部分承兑票据。承 ...

Financial Performance - The Group's total contracted sales amount reached RMB651,560,000, with attributable sales to the Group being RMB560,527,000, representing 100% of the total contracted sales[29]. - Contracted property sales during the reporting period were approximately RMB 651.6 million, representing a decrease of approximately 49.4% compared to the corresponding period[44]. - The Group's revenue from property sales increased to approximately RMB1,352.7 million for the Reporting Period, compared to approximately RMB461.5 million in the corresponding period, representing a significant increase[72]. - Total revenue for the reporting period was approximately RMB 1,427.4 million, compared to RMB 539.3 million in the corresponding period, indicating a significant increase[127]. - Gross profit for the reporting period was approximately RMB 320.7 million, up from RMB 199.9 million in the previous year[127]. - Profit for the period attributable to owners of the company was RMB 82,197,000, down from RMB 119,827,000 in the previous year, indicating a decline of about 31.5%[100]. - The total comprehensive income for the period ended June 30, 2023, was RMB 108,429,000, compared to RMB 113,937,000 for the same period in 2022, reflecting a decrease of approximately 4.4%[100]. - Basic earnings per share for the six months ended June 30, 2023, was 1.62 RMB cents, compared to 2.36 RMB cents for the same period in 2022, representing a decrease of approximately 31.4%[100]. Assets and Liabilities - As of June 30, 2023, the Group's net current assets were RMB 623.7 million, a decrease from RMB 1,542.4 million as of December 31, 2022[33]. - The total assets less current liabilities amounted to RMB 11.36 billion, down from RMB 12.41 billion at the end of 2022[33]. - The Group's total assets as of June 30, 2023, were RMB 14,572,566,000, down from RMB 15,254,762,000 at the end of 2022, reflecting a decrease of approximately 4.5%[102]. - Current liabilities increased to RMB 13,948,820,000 as of June 30, 2023, compared to RMB 13,712,319,000 at the end of 2022, indicating a rise of approximately 1.7%[102]. - The Group's bank and other borrowings amounted to approximately RMB6,648.1 million, a decrease from approximately RMB6,720 million as of December 31, 2022[6]. - The Group's borrowings include approximately RMB2,416.7 million repayable within one year and approximately RMB4,231.4 million repayable beyond one year[6]. - The Group's corporate guarantees to financial institutions amounted to approximately RMB831.9 million as of June 30, 2023, down from approximately RMB872.8 million as of December 31, 2022[6]. - The Group's other debts, including convertible bonds and amounts due to a related company, totaled approximately RMB987.8 million as of June 30, 2023[6]. Property Development and Investment - The Group's major property development projects include Sandi Yungital Residential with contracted sales of RMB78,317,000 and Sandi Jinyu Yunyue Residential with RMB46,330,000[29]. - The Group had 17 property projects under development across various cities in China, focusing on residential and commercial complex properties[44]. - The Group's focus remains on property development and holding properties for investment and rental purposes[44]. - The Group's investment properties include hotels, kindergartens, and commercial premises, all located in China, providing a stable income stream[63]. - The Group's investment properties under construction include a hotel in Fuzhou City with an approximate GFA of 89,187 sq.m, indicating ongoing expansion efforts[90]. - The Group's strategy focuses on maintaining a sufficient land bank to support its development pipeline for the next few years[61]. - As of June 30, 2023, the Group maintained a land bank totaling approximately 1,857,000 sq.m., with approximately 1,643,000 sq.m. attributable to the owners of the Company[84]. - The total GFA of the Group's land bank is broken down by region, with Shannxi Province having a total of 832,000 sq.m. and Fujian Province having 725,000 sq.m.[85]. Financial Management and Strategy - The Group allows an average credit period of 30 days to its trade customers, indicating a standard practice in managing receivables[2]. - The Group's management continues to monitor financial conditions through accounts payable aging analysis, ensuring effective financial oversight[5]. - The Group plans to adapt to changes in the real estate market by enhancing its marketing strategies to promote sales returns and focusing on city-specific policies[93]. - The Group's strategy includes improving housing sales and stimulating residential demand while enhancing the ability of high-quality real estate enterprises to acquire land and expand[93]. - The Group is committed to strengthening investments in new construction and project completion to achieve steady development in the real estate market[93]. Employee and Corporate Governance - The Group employed a total of 312 employees as of June 30, 2023, a decrease from 417 employees as of December 31, 2022, with total remuneration for the reporting period amounting to approximately RMB23.2 million, down from RMB49.4 million in the corresponding period[167]. - The Group's management structure currently does not separate the roles of chairman and CEO, but this will be reviewed periodically[168]. - The board believes that effective and reasonable corporate governance practices are crucial for the sustainable growth of the group[171]. - The company has adopted the standard code of conduct for directors regarding securities trading, ensuring compliance during the reporting period[171]. Currency and Risk Management - The Group is exposed to currency risks from operations in China and Hong Kong, with functional currencies being Renminbi and Hong Kong Dollar respectively[187]. - The company will closely monitor its foreign exchange risks and consider using hedging tools when appropriate[187]. - The company has not invested in any financial derivatives or hedging arrangements to mitigate currency risks as of June 30, 2023[187]. - The company had no foreign currency hedging policies in place for its foreign currency assets and liabilities[187].

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 準確性或完整性亦不發表任何聲明，並明確表示，概不會就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之任何損失承擔任何責任。 CHINA SANDI HOLDINGS LIMITED 中 國 三 迪 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：910） 截至二零二三年六月三十日止六個月之 中期業績公告 中國三迪控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其附屬 公司（統稱（「本集團」）於截至二零二三年六月三十日止六個月（「報告期」）的未經審核簡 明綜合中期業績，連同二零二二年同期（「同期」）之比較數字。未經審核簡明綜合中期業 績已由本公司審核委員會（「審核委員會」）審閱。 ...

Sales Performance - Total contracted sales amount reached RMB 2,276,967,000, with a contracted sales area of 209,343 sq.m. and an average selling price of RMB 10,587 per sq.m.[11] - The group's attributable contracted sales amounted to RMB 2,029,392,000, covering an area of 174,037 sq.m.[12] - The highest contracted sales were from the Sandi Manhattan project in Shanghai, totaling RMB 517,853,000, with a sales area of 14,955 sq.m. and an average price of RMB 33,527 per sq.m., representing 22.7% of total contracted sales[22] - The Sandi Yasong Meizhu project in Zhejiang Province achieved contracted sales of RMB 382,301,000, with a sales area of 25,747 sq.m. and an average price of RMB 14,545 per sq.m., accounting for 16.8% of total contracted sales[22] - The Sandi Bahe Yihao project in Shaanxi Province recorded contracted sales of RMB 234,220,000, with a sales area of 13,682 sq.m. and an average price of RMB 17,119 per sq.m., contributing 10.3% to total contracted sales[22] - The company reported a significant portion of its sales from residential projects, with a total of RMB 1,830,000,000 attributed to residential developments[11] - Contracted sales amounted to approximately RMB2,277.0 million, representing a decrease of approximately 58.4% compared to RMB5,473.7 million for the year ended 31 December 2021[48] - The Group achieved contracted property sales of approximately RMB2,277.0 million, representing a decrease of approximately 58.4% compared to the previous year[50] Financial Performance - The Group recorded total revenue of approximately RMB3,449.0 million for the year ended 31 December 2022, representing an increase of approximately 17.8% compared to RMB2,927.6 million for the year ended 31 December 2021[48] - Gross profit for the reporting period was approximately RMB957.0 million, reflecting an increase of approximately 17.5% from RMB814.5 million in the previous year[48] - Profit attributable to the owners of the Company decreased to approximately RMB42.1 million, down approximately 75.2% from RMB169.7 million for the year ended 31 December 2021[48] - Basic earnings per share were RMB0.83 cents, a significant decrease from RMB3.34 cents in 2021[48] - The total comprehensive income attributable to owners of the Company was RMB 48,379,000 in 2022, compared to RMB 163,011,000 in 2021, indicating a significant decrease[88] - The Group's total liabilities decreased to RMB 12,409,018,000 in 2022 from RMB 14,248,095,000 in 2021, a reduction of approximately 12.9%[90] - The Group recognized a net fair value loss of approximately RMB 7,100,000 on investment properties in 2022, compared to a net gain of RMB 9,500,000 in 2021[97] - Revenue from property investment, including rental income, was approximately RMB 152,400,000 for the reporting period, down from RMB 159,900,000 in 2021[97] - The Group's revenue from property sales increased to approximately RMB3,296.6 million for the reporting period, up from approximately RMB2,767.7 million in 2021, representing a growth of about 19.1%[119] Market Outlook and Strategy - The company plans to continue expanding its market presence through new residential and commercial projects in key provinces[19] - Future outlook includes a focus on enhancing product offerings and exploring potential mergers and acquisitions to drive growth[19] - The management anticipates that local governments will continue to introduce policies to support real estate development in 2023, aiming for a virtuous cycle in the industry[39] - The outlook for 2023 suggests a potential recovery in the real estate market, driven by state policies providing financing support to real estate companies and credit support to individual home buyers[113] - The Group plans to adjust its marketing strategies to promote sales returns and enhance product and service strength to achieve steady development[114] Investment Properties - The investment properties amounted to RMB10,734,280,000, representing 41% of the Group's total assets as of 31 December 2022[60] - The Group primarily focuses on the development of residential properties, including apartments, offices, retail shops, and villas[50] - The Group's investment properties include hotels, kindergartens, commercial, and office premises, generating a stable income stream[182][183] - The total GFA of the Group's investment properties under construction includes significant projects in Fujian and Zhejiang provinces[168][180] - The Group's investment properties are primarily located in the PRC, contributing to its overall revenue stability[182][183] Corporate Governance - The company emphasizes effective corporate governance principles, including a sound internal control system and transparency to safeguard shareholder interests[200] - The roles of the chairman and the chief executive officer are currently not segregated, with the chairman overseeing corporate strategic planning[200] - The board believes the current management structure is stable and effective, but will review the separation of roles as necessary in the future[200] - The company has applied the principles of the Corporate Governance Code to its governance structure and practices[200] - Sound corporate governance practices are deemed essential for the sustainable growth of the company and the overall interests of shareholders[200]

香港交易及結算所有限公司以及香港聯合交易所有限公司對本公告之內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示概不會就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之任何損失承擔任何責任。 CHINA SANDI HOLDINGS LIMITED 中 國 三 迪 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：910） 截至二零二二年十二月三十一日止年度 全年業績公告 中國三迪控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董事」）會（「董 事會」）謹此公佈本公司截至二零二二年十二月三十一日止年度（「報告期」或「本年度」）之 經審核綜合末期業績，連同截至二零二一年十二月三十一日止年度之比較數字。 ...

Financial Performance - Total revenue for the six months ended June 30, 2022, was RMB 539,321,000, a decrease of 72.0% compared to RMB 1,927,062,000 in the same period of 2021[13]. - Gross profit for the period was RMB 199,893,000, down 63.4% from RMB 545,395,000 in the previous year[13]. - Profit for the period was RMB 107,242,000, representing a decline of 57.5% compared to RMB 252,084,000 in 2021[13]. - Earnings per share for the period were 2.36 RMB cents, down from 4.11 RMB cents in the same period last year[17]. - Total comprehensive income for the period was RMB 113,937,000, a decrease of 56.2% from RMB 260,031,000 in 2021[17]. - The company reported a profit before tax of RMB 128,178,000 for the six months ended June 30, 2022[129]. - The profit before tax for the six months ended June 30, 2022, was RMB 49,436, a decrease from RMB 84,427 for the same period in 2021, reflecting a decline of approximately 41.4%[165]. - The company reported a profit for the period of RMB 208,880, compared to RMB 216,827 in the previous period, reflecting a decrease of about 3.9%[99]. - The company’s total comprehensive income for the period was RMB 260,081, down from RMB 268,204, indicating a decrease of approximately 3%[99]. Revenue Breakdown - For the six months ended June 30, 2022, total revenue from goods and services was RMB 539,321,000, with property development contributing RMB 461,548,000 and property investment contributing RMB 77,773,000[118]. - The revenue from contracts with customers for the six months ended June 30, 2022, was RMB 469,340,000, which includes rental income of RMB 69,981,000[121]. - For the six months ended June 30, 2021, total revenue was RMB 1,927,062,000, with property development contributing RMB 1,857,001,000 and property investment contributing RMB 70,061,000[124]. - The external sales for property development were RMB 461,548,000, and for property investment, they were RMB 77,773,000, resulting in a total external sales figure of RMB 539,321,000[129]. Expenses and Costs - The company incurred selling and marketing expenses of RMB 93,697,000, which is a significant increase compared to RMB 41,514,000 in the previous year[13]. - The total finance costs for the period were RMB 39,740,000[129]. - The cost of inventories recognized as an expense for the six months ended June 30, 2022, was RMB 321,708, significantly lower than RMB 1,380,183 in 2021, showing a decrease of approximately 76.7%[165]. - Interest paid for the period was RMB (316,277,000), compared to RMB (354,617,000) in the same period of 2021, showing a decrease of 10.8%[109]. Assets and Liabilities - As of June 30, 2022, total current assets increased to RMB 19,484,750, up from RMB 19,305,479 as of December 31, 2021, reflecting a growth of approximately 0.93%[19]. - Net current assets decreased to RMB 3,149,868 from RMB 3,564,876, indicating a decline of about 11.6%[22]. - Total equity attributable to owners of the Company rose to RMB 4,962,574, compared to RMB 4,836,052 at the end of 2021, marking an increase of approximately 2.6%[22]. - Total assets less current liabilities decreased to RMB 13,880,724 from RMB 14,248,095, a reduction of about 2.58%[22]. - Non-current liabilities, including bank and other borrowings, amounted to RMB 8,661,126, down from RMB 9,142,434, representing a decrease of approximately 5.25%[22]. - The consolidated liabilities as of June 30, 2022, were RMB 24,996,008, compared to RMB 24,883,037 as of December 31, 2021, indicating an increase of about 0.45%[152]. Cash Flow - For the six months ended June 30, 2022, the net cash from operating activities was RMB 545,751,000, a significant increase from RMB 150,319,000 in the same period of 2021[107]. - The company reported a net cash inflow from investing activities of RMB 313,010,000, a recovery from a net cash outflow of RMB 910,107,000 in the prior year[107]. - For the six months ended June 30, 2022, net cash used in financing activities was RMB (1,013,293,000), compared to RMB 297,942,000 in the same period of 2021, indicating a significant decrease in cash flow from financing[109]. - Cash and cash equivalents decreased to RMB 444,577 from RMB 592,854, a decline of about 25%[19]. - The company reported a net decrease in cash and cash equivalents of RMB (154,532,000) for the period, compared to a decrease of RMB (461,846,000) in the same period of 2021[109]. Investment Properties - The fair value of investment properties at 30 June 2022 was RMB 10,617,760,000, an increase from RMB 10,564,740,000 at the end of 2021[186]. - The Group's investment properties are primarily held to earn rentals, reflecting a strategic focus on rental income generation[188]. - The valuation for investment properties under construction was based on the market approach, considering comparable sales evidence and expended construction costs[190]. - The highest and best use of the properties is their current use, as estimated in the fair value assessment[191]. Taxation - The current tax expense for the period included RMB 375,000 for Enterprise Income Tax and RMB 6,641,000 for Land Appreciation Tax, compared to RMB 70,481,000 and RMB 24,968,000 respectively in 2021[167]. - The total provision for tax expenses for the six months ended 30 June 2022 was RMB 20,936,000, a decrease from RMB 107,411,000 in the same period of 2021[167]. - The tax rate for the PRC subsidiaries remained at 25% for the period, consistent with the previous year[167]. Strategic Plans - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[13]. - The company plans to continue its market expansion and product development strategies in the upcoming periods[106]. Compliance and Reporting - The unaudited condensed consolidated financial statements have been prepared in accordance with Hong Kong Accounting Standard 34, ensuring compliance with applicable disclosure requirements[111]. - The application of amendments to HKFRSs in the current interim period has had no material impact on the Group's financial positions and performance[116]. - The company did not report any significant impact from the application of revised Hong Kong Financial Reporting Standards on its financial position and performance during the interim period[117].

Financial Performance - For the year ended December 31, 2021, the Group recorded total revenue of approximately RMB2,927.6 million, a decrease of approximately 9.2% compared to the previous year[11]. - The gross profit for the reporting period was approximately RMB814.5 million, representing a decrease of approximately 28.6% compared to the previous year[11]. - Profit attributable to the owners of the Company for the reporting period amounted to approximately RMB169.7 million, a decrease of approximately 59.6% compared to the previous year[11]. - Basic earnings per share were RMB3.34 cents, down from RMB8.27 cents in 2020[11]. - Total revenue for the reporting period was approximately RMB2,927.6 million, representing a decrease of approximately 9.2% compared to RMB3,225.1 million for the year ended 31 December 2020[23]. - Gross profit for the reporting period was approximately RMB814.5 million, representing a decrease of approximately 28.6% compared to RMB1,140.9 million for the year ended 31 December 2020[23]. - Profit for the reporting period was approximately RMB205.4 million, representing a decrease of approximately 62.0% compared to RMB540.9 million for the year ended 31 December 2020[23]. - Revenue from property sales contributed approximately 94.5% of total revenue, amounting to RMB2,767.7 million, down from RMB3,096.8 million in 2020, indicating a decrease of approximately 10.6%[110]. - Property investment revenue increased to RMB159.9 million, up from RMB128.3 million in 2020, reflecting a growth of approximately 24.6%[108]. Sales and Development - Contracted property sales for the reporting period were approximately RMB5,473.7 million, with a contracted gross floor area of approximately 487,388 square meters, representing increases of 22.5% in contracted sales and 16.5% in contracted GFA compared to the previous year[11]. - Contracted sales amount for the reporting period was approximately RMB5,473.7 million, representing an increase of approximately 22.5% compared to RMB4,466.8 million for the year ended 31 December 2020[23]. - Contracted gross floor area (GFA) was approximately 487,388 square meters for the reporting period, representing an increase of approximately 16.5% compared to 418,359 square meters for the year ended 31 December 2020[23]. - The increase in contracted sales was mainly contributed by new projects launched for pre-sales during the reporting period[25]. - The Group had 19 property projects under development as of 31 December 2021, focusing on residential and commercial complex properties[25]. - The Group primarily focuses on the development of residential properties, including apartments, offices, retail shops, and villas[25]. - The total saleable GFA for ongoing projects is 1,734,374 square meters, with 1,400,191 square meters already delivered[50]. - The Group's future development plans include properties with a total planned GFA of 2,312,525 square meters[50]. Investment Properties - Rental income and property management income for the reporting period amounted to approximately RMB159.9 million, an increase from RMB128.3 million in 2020[96]. - The Group's investment properties include hotels, kindergartens, and commercial premises, providing a stable income stream[97]. - The Group's investment properties in China were valued at approximately RMB10,564.7 million, an increase from approximately RMB8,681.4 million as of December 31, 2020, reflecting a growth of about 21.7%[143][146]. - The Group recognized a net fair value gain of approximately RMB9.5 million on investment properties, down from RMB18.2 million in 2020[117]. Financial Position and Ratios - As of December 31, 2021, the Group's bank and other borrowings amounted to approximately RMB8,205.2 million, down from RMB8,429.9 million in 2020[125]. - The Group's gearing ratio improved to approximately 175.5% in 2021 from 181.2% in 2020, with net debts of approximately RMB8,958.5 million and total equity of approximately RMB5,105.7 million[125]. - The current ratio remained stable at approximately 122.6% as of December 31, 2021, consistent with the previous year[125]. - The total liabilities to total assets ratio was approximately 83.0% in 2021, compared to 81.9% in 2020[125]. - The Group's cash and cash equivalents decreased to approximately RMB592.9 million in 2021 from RMB838.0 million in 2020[122]. Corporate Governance - The Group has complied with the Corporate Governance Code except for specific deviations regarding board meeting frequency and role segregation[153][154]. - The Board comprises 6 Directors, including 3 executive Directors and 3 independent non-executive Directors, complying with Listing Rules regarding independence[160]. - The Company has adopted the Model Code for Securities Transactions by Directors, and all Directors confirmed compliance during the reporting period[164]. - The Company has established three Board committees: the Audit Committee, the Nomination Committee, and the Remuneration Committee, each with specific roles and responsibilities[166]. - The Company has established a Board Diversity Policy to enhance performance quality through diverse Board composition[188]. Employee Information - Total employee remuneration for the reporting period amounted to approximately RMB176.4 million, an increase from approximately RMB144.9 million in 2020[139]. - The group employed a total of 490 employees as of December 31, 2021, down from 658 employees in the previous year[139]. Future Outlook - The management is optimistic about the long-term prospects of the PRC property market and will actively seek investment opportunities in the real estate sector[14]. - The Group plans to actively seek and acquire quality land parcels to expand its market share in the PRC real estate market, leveraging recent interest rate cuts by the People's Bank of China[104]. - The Group's financial outlook remains positive, with confidence in future economic development in China despite existing challenges[104].

中国岸迪 CHINA SANDI CHINA SANDI HOLDINGS LIMITED 中 國 三 迪 控 股 有 限 公 司 (incorporated in Bermuda with limited liability) (Stock Code: 910) 2021 Interim Report 中期報告 | --- | --- | --- | |------------------------------------------------------------------------------------|-------------------------------|-------| | | CONTENTS | 目 錄 | | CORPORATE INFORMATION | 公司資料 | 2 | | CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME | 簡明綜合損益及 其他全面收益表 | 4 | | CONDENSED CONSOLIDATED STATEMENT OF FIN ...