az 新城发展 Seazen Group Limited 新 城 發 展 控 股 有 限 公 司 (於開曼群島註冊成立的有限責任公司) (incorporated in the Cayman Islands with limited liability) 股份代號 Stock Code: 01030 分享喜悦 不負情懷 2022 Annual Report 年報 目錄 CONTENTS | --- | --- | --- | --- | |-------|-------------------------------------------------------------------|-------|----------------------------------------------------------------------| | | | | | | 2 | 公司資料 Corporate Information | | 合併財務報表 Consolidated Financial Statements | | 5 | 財務概要╱ 財務回顧 Financial Summary/Financial ...

[2 -> 28] 尊敬的投资人分析师以及媒体朋友大家下午好欢迎各位参加新城发展控股有限公司2022年年度业绩投资者推介会现在向大家介绍参加本次会议的公司管理团队董事会主席非执行董事王晓松先生执行董事首席执行官吕小平先生新城控股高级副总裁管有冬先生 [30 -> 51] 助理总裁、财务部总经理周福东先生、基本人张婉玲在本次推介会上管理团队将分五个部分向各位进行介绍由吕总介绍本公司业绩摘要由周总回顾全年财务情况之后王董回顾商业管理业务由管总回顾住宅开发业务 [52 -> 69] 由王董简述本集团可持续发展工作与未来展望最后我们安排了沟通环节管理层将就大家普遍关系的问题给予解答以下时间请吕总介绍年度业绩摘要有请吕总 [72 -> 96] 大家下午好欢迎各位参加夜季发布会2022年是充满挑战的一年叠加销售端需求下滑使得行业参与者倍感压力行业夜风中公司坚守初心积极响应政府要求确保产品交付实点公司积极履行信用承诺按期兑付每一笔到期的境内外债务 [98 -> 125] 中国经济韧性强发展潜力大人民对于美好生活的追求从为止步政治端的利好信息频出但行业的信心恢复仍需要时间我们坚信在这一波寒冬坚持下来的企业仍有很好的发展空间新 ...

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。 SEAZEN GROUP LIMITED 新城發展控股有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 責 任 公 司） （股 份 代 號：1030） 截 至2022年12月31日止年度 全年業績公告 | --- | --- | |-------|----------------------------------------------------------------------------| | | | | | 全年業績摘要 | | － | 合約銷售 * 約人民幣 116,049 百 萬 元； | | － | 商業運營收入 ** 約人民幣 10,006 百 萬 元，同 比 增 長 15.8% ； | | － | 營業額約人民幣 116,540.6 百 萬 元； | | ...

seazen 新城发展 Seazen Group Limited 新城 發 展 控 股 有 限 公 司 (於開曼群島註冊成立的有限責任公司) (incorporated in the Cayman Islands with limited liability) 股份代號 Stock Code: 01030 分享喜悦 不負情懷 2021 Annual Report 年報 目錄 CONTENTS 獨立核數師報告 Independent Auditor's Report F-1 | --- | --- | --- | --- | |------------------------------------------------------|-------|----------------------------------------------------------------|-------| | | | | | | 公司資料 Corporate Information | 2 | 合併財務報表 Consolidated Financial Statements | | | 財務概要╱財務回顧 Financi ...

Financial Performance - Seazen Group reported a significant increase in revenue, achieving a total of HKD 10.5 billion for the first half of 2021, representing a year-on-year growth of 25%[1]. - The company reported a 15% increase in user data, with over 1 million active users on its property management platform[1]. - Seazen Group has set a performance guidance for 2022, aiming for a revenue target of HKD 20 billion, which would represent a 15% growth year-on-year[1]. - The company reported a strong pipeline of projects, indicating robust future growth potential[39]. - The Group's revenue for the first half of 2021 was approximately RMB 79,802.2 million, representing a year-on-year increase of 110.5%[154]. - Revenue from property sales amounted to RMB 74,267.1 million, compared to RMB 34,447.0 million in the same period last year[155]. - The average selling price of properties was RMB 9,198 per square meter, with a total gross floor area of 8,074,607 square meters[152]. - The Group's commercial property management services generated revenue of RMB 1,513.9 million, an increase from RMB 891.8 million in the previous year[155]. Project Development - The company completed construction on 15 projects, adding a total gross floor area (GFA) of 1.2 million square meters to its portfolio[7]. - The total area under development across various projects is approximately 2,000,000 sq.m.[19]. - The company is actively expanding its portfolio with numerous projects in various stages of development across different cities[12]. - Seazen Group has multiple residential projects under development, with a total area of 1,200,000 square meters across various cities[54]. - The company is focusing on expanding its presence in various cities, with multiple projects in Changzhou and Jiaxing[36]. - The total area of completed buildings available for sale, lease, or use by the group is 1,036,000 sq.m.[17]. - The company is actively pursuing new developments in key urban areas, which may enhance its market position and revenue potential in the future[24]. Market Expansion Strategy - The company plans to expand its market presence by entering three new cities in 2022, targeting a 30% increase in sales volume[8]. - Seazen Group is exploring potential mergers and acquisitions to enhance its market share, with a focus on acquiring smaller developers in key regions[6]. - The company is actively pursuing new strategies for market expansion and product development in the residential sector[39]. - The company is enhancing its market presence through various residential projects, with a total of 1,000,000 square meters planned for future development[49]. - The company is planning further expansions, with several projects proposed for development in Suzhou, indicating a robust growth strategy[56]. Financial Health and Debt Management - As of June 30, 2021, the Group had cash at bank and on hand of approximately RMB57,097.6 million, down from RMB63,368.2 million as of December 31, 2020[160]. - Current and non-current borrowings amounted to approximately RMB114,444.8 million as of June 30, 2021, compared to RMB104,643.6 million as of December 31, 2020[160]. - The net debt-to-equity ratio was 65.2% as of June 30, 2021, up from 50.7% as of December 31, 2020[162]. - The Group believes that the risks associated with its debt level are under control and can withstand market volatility[162]. - The Group's guarantee period for mortgages typically starts from the date of the grant of the mortgage[163]. Shareholder Structure - Wang Zhenhua holds 4,223,794,000 shares, representing 68.02% of the total shareholding[198]. - The substantial shareholders include various entities linked to Wang Zhenhua, all holding significant portions of shares[198]. - The ownership structure indicates a strong concentration of shares among a few key individuals and their controlled entities[198]. - The interrelation of shareholdings among family members and controlled corporations highlights the governance structure of the company[200]. Operational Efficiency - The company continues to focus on expanding its market presence and enhancing operational efficiency to drive future growth[138]. - The total commercial operating income for the first half of 2021 was RMB 3.938 billion, an increase from RMB 2.278 billion in the first half of 2020, representing a growth of approximately 73%[141]. - The occupancy rate for Wujin Wuyue Plaza was 99.91%, generating RMB109,759 thousand in rental income for the first half of 2021, up from RMB87,791 thousand in the same period of 2020[134]. Investment Properties - The Group recorded rental and management fee income from investment properties of approximately RMB3,684.94 million for the six months ended June 30, 2021, representing a period-on-period increase of 71.4%[132]. - The Group's investment properties are expected to continue appreciating, contributing positively to future financial performance[156]. - The occupancy rate for several newly opened Wuyue Plazas, including Tai'an Taishan Wuyue Plaza and Xiaogan Wuyue Plaza, was 100% as of June 30, 2021[141].

Financial Performance - Total revenue for the year ended December 31, 2020, was RMB 146,118,718, an increase from RMB 86,851,178 in 2019, representing a growth of 68.5%[11] - Profit for the year attributable to equity holders of the Company was RMB 10,178,247, up from RMB 7,812,268 in 2019, reflecting a year-on-year increase of 30.5%[11] - Earnings per share (basic) increased to RMB 1.65 in 2020 from RMB 1.32 in 2019, marking a growth of 25.0%[8] - Profit before income tax for 2020 was RMB 26,385,564, up from RMB 21,625,171 in 2019, representing a growth of 22.6%[11] - The Company reported a net profit for the year of RMB 16,118,382, compared to RMB 12,606,189 in 2019, an increase of 27.5%[11] - Non-controlling interests in profit for the year were RMB 5,940,135, up from RMB 4,793,921 in 2019, reflecting a growth of 23.9%[11] - The Company’s capital and reserves attributable to equity holders increased to RMB 81,469,972 from RMB 57,815,801 in 2019, a rise of 40.8%[10] - Total equity increased to 81,469,972 from 57,815,801, representing a growth of approximately 41%[12] - The total contracted sales area for the group was approximately 23,488,547 sq.m., generating contracted sales amounting to RMB 250,963 million[73] - For the year ended December 31, 2020, the Group recorded property sales revenue of approximately RMB 137,577.9 million, an increase of 71.3% compared to 2019[92] Assets and Liabilities - Total assets as of December 31, 2020, amounted to RMB 544,488,072, compared to RMB 468,242,359 in 2019, indicating a growth of 16.3%[9] - Total liabilities increased to RMB 463,018,100 in 2020 from RMB 410,426,558 in 2019, which is an increase of 12.8%[9] - The net debt-to-equity ratio is calculated as the difference between total borrowings and cash, cash equivalents, and restricted cash divided by total equity[18] - As of December 31, 2020, the group's land bank was approximately 142,876,372 sq.m., with an average acquisition cost of RMB 2,615 per sq.m.[74] Project Development - The company has multiple ongoing projects, including the Ankang Hanbin Project with a gross floor area (GFA) under development of 193,134 sq.m.[19] - The Anyang Wenfeng Project is also under development with a GFA of 260,592 sq.m.[19] - The Baoshan Longyang Project has a GFA under development of 482,919 sq.m. and is currently in progress[20] - The Beihai Yinhai Project is under development with a GFA of 524,844 sq.m.[20] - The company has proposed projects such as the 117 Mu Land Parcel in Cangzhou, with a planned area of 169,428 sq.m.[20] - The completed Bengbu Bengshan Project has a GFA available for sale of 144,119 sq.m.[19] - The company has multiple residential projects under construction, totaling over 1 million sq.m. in GFA across various locations in Changzhou[21][22] - The company is actively expanding its market presence with multiple projects in Chengdu and Changzhou, focusing on residential developments[23][24] - The company has ongoing residential developments in Changzhou Green City Wanhecheng with 78,335 sq.m. under development and 659,384 sq.m. planned[23] - The company is focusing on both residential and complex property types, with a balanced approach to development and planning[35][36] Market Expansion Strategy - The Company plans to continue expanding its market presence and investing in new technologies to drive future growth[6] - The company is actively pursuing new development opportunities to strengthen its portfolio and drive growth[35][36] - The ongoing projects reflect the company's strategy to enhance its market presence in key cities across China[35][36] - The company is focusing on expanding its residential and commercial projects across various cities, enhancing its market presence and portfolio diversification[85] - The Group's strategic focus includes expanding its presence in 112 cities, enhancing its market share in the property development sector[67] Revenue Generation - The total GFA of properties delivered during the year was approximately 15,386,229 sq.m., representing an increase of 123.7% compared to 2019[93] - The average selling price of properties delivered and recognized as sales was RMB 8,942 per sq.m. in 2020[93] - The top revenue-generating projects include Zhangjiagang Mansion with RMB 1,239.39 million and an average selling price of RMB 11,464 per sq.m.[97] - The average selling price across various projects shows a range, with Xi'an Fengxi Project achieving RMB 12,333 per sq.m.[97] - The company plans to enhance its market presence through strategic acquisitions and partnerships, as indicated by the diverse project locations.[99] Land Acquisition and Premiums - The average acquisition cost of land reflects the group's investment strategy, aiming to maintain a balance between cost and potential market value[74] - The total land premium for the commercial projects in Chongqing was RMB 880 million for the Beibei Wuyue Plaza, with a site area of 76,430 sq.m. and a total GFA of 359,336 sq.m., reflecting a 67.21% interest[86] - The company has a total land premium of RMB 283 million for the Nanchang Seazen Yuejun Shidai residential project, covering an area of 27,441 sq.m. with a total GFA of 64,851 sq.m. and a 66.54% interest[87] - The total land premium for the Wenzhou Seazen • Oujiang Bay residential project is RMB 1,660 million, covering 132,688 sq.m. with a total GFA of 438,580 sq.m. and a 42.77% interest[88] Future Outlook - Future outlook indicates continued growth in contracted sales and expansion into new markets, supported by ongoing development projects[67] - Overall, the financial performance indicates a robust growth trajectory, with a focus on high-value projects and strategic market positioning.[99]

Financial Performance - Seazen Group reported a total revenue of approximately HKD 10.5 billion for the first half of 2020, representing a year-on-year increase of 15%[1]. - The company achieved a gross profit margin of 30%, which is a slight decrease from 32% in the same period last year[1]. - The company reported a net profit of HKD 2.1 billion, reflecting a 20% increase compared to the previous year[1]. - For the six months ended June 30, 2020, the Group's contracted sales amounted to approximately RMB 97,521.5 million, with a year-on-year revenue increase of 116.0% to approximately RMB 37,905.2 million[88]. - Gross profit for the same period increased by 40.2% to approximately RMB 8,753.7 million, while net profit was approximately RMB 3,491.5 million[88]. - The overall performance indicates strong market demand and effective sales strategies across multiple regions[88]. Project Development - The company has 5 million square meters of gross floor area (GFA) under development and 3 million square meters under planning[7]. - Seazen Group plans to launch 10 new projects in the next quarter, aiming to increase its market share in key cities[1]. - The company is actively pursuing new projects to strengthen its portfolio and market position in the real estate sector[10]. - The total area under development for residential projects in Chengdu is 1,080,000 square meters, with significant projects including Chingbaijiang Meidi Seazen Gongyuan Tianxia at 218,017 square meters and Chingbaijiang Yuejun Glorious Century at 447,229 square meters[18]. - The company has multiple ongoing residential and complex projects, with a total area under development of approximately 3,000,000 sq.m. across various cities[28]. Market Expansion - Seazen Group is focusing on expanding its presence in the Greater Bay Area, targeting a 30% increase in sales from this region[1]. - The company is actively pursuing market expansion through new developments in various regions, enhancing its competitive position in the real estate sector[35]. - The company is strategically positioned for future growth with a strong pipeline of projects and a focus on expanding its market presence in key regions[29]. - The company aims to leverage its extensive property portfolio to drive future revenue growth and market expansion[25]. Property Portfolio - The company has a diverse portfolio of properties, with a mix of residential and complex types across different cities, enhancing its market reach[23]. - The total land bank of the Group was approximately 137,062,832 sq.m., covering 115 cities, with an average acquisition cost of approximately RMB2,458 per sq.m.[97]. - The Group's land bank expansion is aimed at enhancing its market position and future project development capabilities[105]. - The completed projects in the Greater Bay Area represent a strategic focus on high-growth regions, contributing to overall portfolio diversification[104]. Financial Position - As of June 30, 2020, the Group had cash at bank and on hand of approximately RMB66,095.7 million, compared to RMB65,574.0 million as of December 31, 2019[135]. - The Group's net debt-to-equity ratio was 55.1% as of 30 June 2020, up from 38.5% as of 31 December 2019, primarily due to increased net debt from financing[137]. - The Group's contingent liabilities related to guarantees for mortgage loans amounted to approximately RMB96,314.9 million as of 30 June 2020, up from RMB67,426.5 million as of 31 December 2019[138]. Rental and Management Income - The Group recorded rental and management fee income from investment properties of approximately RMB2,150 million for the six months ended 30 June 2020, representing a period-on-period increase of 22.0%[115]. - Rental income reached RMB 1,236.4 million, an increase from RMB 1,004.9 million in the previous year[130]. - The overall trend indicates a decline in rental income across several plazas compared to the previous year, with varying occupancy rates reflecting market conditions[121]. Corporate Governance - The Group is committed to maintaining high standards of corporate governance to enhance corporate value and accountability[150]. - The Company has complied with the Corporate Governance Code for the six months ended June 30, 2020[150]. - The audit committee reviewed the accounting principles and practices adopted by the Group for the six months ended June 30, 2020[150]. Shareholder Information - As of June 30, 2020, Mr. Wang Zhenhua holds 4,223,794,000 shares, representing approximately 68.02% of the total shareholding[159]. - The company has granted a total of 181,050,000 shares under the Pre-IPO Share Award Scheme, which accounts for approximately 2.92% of the total issued shares[164]. - The total number of ordinary shares held by substantial shareholders includes 4,223,794,000 shares held by Standard Chartered Trust as trustee[159].

Financial Performance - The company reported a total revenue of approximately HKD 5.2 billion for the first half of 2019, representing a year-on-year increase of 15%[6]. - Revenue rose by 9.5% to approximately RMB 17,552 million during the same period[44]. - Gross profit increased by 6.0% to approximately RMB 6,242 million, with a gross profit margin of 35.6%[45]. - Net profit was approximately RMB 2,708 million, with net profit attributable to equity holders of the Company at approximately RMB 1,528 million[44]. - Total Gross Floor Area (GFA) sold was approximately 10,495,000 sq.m., representing a period-on-period increase of 35.5%[45]. - The Group's revenue for the first half of 2019 was approximately RMB 17,552.3 million, representing a year-on-year increase of 9.5%[85]. - Gross profit for the same period was approximately RMB 6,241.8 million, reflecting a 6.0% increase compared to the previous year, mainly due to higher property management and rental income[88]. - The profit for the period reached RMB 2,708,041, an increase from RMB 2,466,491 in 2018, marking a growth of around 9.8%[158]. Project Development and Pipeline - The company has 1.2 million square meters of properties under development, with a total gross floor area (GFA) available for sale, lease, or use of 1.5 million square meters[10]. - Future Land Development Holdings has completed 62,307 square meters of residential projects in Langfang, with additional projects in various stages of development across multiple cities[10]. - The company has a strong pipeline of projects, with 1.1 million square meters of GFA under planning[10]. - The company is focusing on expanding its presence in the residential market, with multiple projects in cities like Zhaoqing and Zhongshan[12]. - The company has multiple ongoing residential projects across various cities, with a total gross floor area (GFA) under development of approximately 3,000,000 sq.m. across different locations[21]. - The company is actively pursuing new land acquisitions and project developments to enhance its portfolio and market presence[14]. - The ongoing projects reflect a strong commitment to expanding residential offerings in key cities, indicating a strategic focus on urban development[14]. Land Acquisition and Strategy - The company is focusing on strategic acquisitions to bolster its land bank and enhance its competitive position in the market[10]. - The total land bank of the Group was approximately 134,015,751 sq.m., covering 103 cities, with an average acquisition cost of RMB 2,575 per sq.m.[53]. - The company’s land bank is primarily sourced through government public tender, auction, and equity acquisition, ensuring a diversified acquisition strategy[60]. - The company is focusing on residential land acquisitions, with significant interests in various projects across major cities, indicating a strategic push in the residential sector[61][62]. - The total land premium for the newly acquired parcels in the first half of 2019 reflects the company's ongoing commitment to expanding its real estate portfolio in key urban areas[61][62]. Financial Position and Liabilities - As of June 30, 2019, the Group had cash at bank and on hand of approximately RMB 46,826.0 million, a slight decrease from RMB 47,655.8 million at the end of 2018[92]. - The net debt-to-equity ratio increased to 117.2% as of June 30, 2019, compared to 78.6% at the end of 2018, primarily due to increased net debt from financing[94]. - Total borrowings as of June 30, 2019, were approximately RMB 104,652.9 million, up from RMB 83,572.7 million at the end of 2018[92]. - The Group's total liabilities reached RMB 379,469,849 as of June 30, 2019, compared to RMB 291,134,755 at the end of 2018, marking an increase of around 30.3%[153]. - The company reported a total land premium of RMB 1,610.00 million for the Yiwu Jiangdong Land Parcel, with a site area of 72,268 sq.m and a total GFA of 279,053 sq.m, reflecting a 16.18% interest[67]. Rental and Investment Income - Rental and management fee income from investment properties amounted to approximately RMB 1,761 million, representing a year-on-year increase of 101%[77]. - The rental income from Changzhou Wujin Wuyue Plaza was RMB 102.9 million, up from RMB 86.1 million in the same period last year[78]. - The company has expanded its investment properties, leading to increased rental income across various locations[77]. - The company reported a rental income of RMB 189.1 million from commercial light-asset projects, with RMB 119.1 million attributable to the company[81]. Corporate Governance and Leadership Changes - The company has complied with the Corporate Governance Code for the six months ended June 30, 2019[117]. - Mr. Wang Zhenhua resigned as chairman and executive director on July 3 and July 8, 2019, respectively, with Mr. Wang Xiaosong appointed as the new chairman[125]. - The company’s governance changes reflect a shift in leadership and potential strategic direction following the resignation of key executives[125]. Future Outlook and Strategic Initiatives - The company plans to continue expanding its market presence and developing new products and technologies to drive future growth[167]. - The interim report highlights the importance of strategic acquisitions and partnerships to enhance competitive positioning in the market[167]. - The company remains committed to maintaining a strong financial position while pursuing growth opportunities in the real estate sector[167].