Financial Performance - Annual contract sales amounted to RMB 9.416 billion, representing a year-on-year decrease of 34.4%[4] - Annual revenue was RMB 13,110.5 million, reflecting a year-on-year decline of 37.6%[4] - Annual loss reached RMB 16,870.9 million, an increase of 288.3% compared to the previous year[4] - Core net loss attributable to shareholders was RMB 15,969.4 million, marking a year-on-year increase of 246.9%[4] - Basic and diluted loss per share was RMB (7.90), compared to RMB (2.14) in the previous year[5] - The group recorded a loss attributable to the company's owners of RMB 16,610,307,000 as of December 31, 2024[17] - The group reported a significant reduction in trade payables from RMB 8,201,955 thousand in 2023 to RMB 5,541,517 thousand in 2024, a decrease of about 32.4%[7] - The company reported a pre-tax loss of RMB 17,170.7 million, up from RMB 3,877.7 million in the previous year[5] - The group reported a net receivable trade amount of RMB 798,409,000 for 2024, down from RMB 847,016,000 in 2023, with a provision for impairment of RMB 8,545,000[46] - The group’s pre-tax loss for 2024 was RMB 4,506,669,000, compared to a loss of RMB 16,610,307,000 in 2023, indicating a significant improvement[44] Asset and Liability Management - Total non-current assets decreased from RMB 27,136,261 thousand in 2023 to RMB 19,305,728 thousand in 2024, a decline of approximately 29.0%[7] - Current assets decreased from RMB 93,970,919 thousand in 2023 to RMB 69,239,242 thousand in 2024, a decline of about 26.5%[8] - Total liabilities decreased from RMB 86,543,133 thousand in 2023 to RMB 77,241,333 thousand in 2024, a reduction of approximately 10.7%[8] - Non-current liabilities decreased from RMB 23,906,339 thousand in 2023 to RMB 19,171,128 thousand in 2024, a decrease of around 19.8%[8] - The company's net debt position improved from RMB 10,657,708 thousand in 2023 to RMB (7,867,491) thousand in 2024, indicating a shift to a net cash position[8] - Total assets less current liabilities decreased from RMB 34,564,047 thousand in 2023 to RMB 11,303,637 thousand in 2024, a decline of approximately 67.3%[8] - The company's equity attributable to owners decreased from RMB (16,587,057) thousand in 2023 to RMB 167,656 thousand in 2024, indicating a significant recovery[8] Cost Management and Operational Efficiency - The company effectively managed costs and controlled expenditure during the year[4] - Financing costs increased to RMB 2,153.7 million from RMB 1,248.3 million year-on-year[5] - The group anticipates continued support for housing demand through government policies, with potential for further reductions in public housing loan and mortgage rates[77] - The group plans to actively manage debt, optimize debt structure, and dispose of non-core assets to maintain stable operational cash flow[78] - Selling and marketing expenses decreased from RMB 268.5 million in 2023 to RMB 192.0 million in 2024, a reduction of RMB 76.5 million, or 28.5%[87] - Administrative expenses decreased from RMB 808.1 million in 2023 to RMB 603.2 million in 2024, a reduction of RMB 204.9 million, or 25.4%[88] Debt Restructuring and Financial Stability - The group has made significant progress on its offshore debt management plan, with over 85.33% of existing offshore debt holders participating in the restructuring support agreement (RSA) as of January 20, 2025[18] - The group is actively negotiating extensions or renewals of certain borrowings with financial institutions[18] - The total amount of bank and other borrowings and accrued interest was RMB 48,046,911,000, with RMB 33,336,362,000 due within the next twelve months[17] - The group has defaulted on borrowings totaling RMB 24,250,680,000 in principal and RMB 3,349,558,000 in interest[17] - The company has suspended the repayment of certain offshore debts to ensure fair treatment of creditors and maintain a sustainable capital structure[105] - The company is in constructive discussions with existing senior noteholders to reach a consensus on restructuring its offshore debts[106] - The company has scheduled a hearing on its restructuring plan for April 11, 2025, to seek court approval for the plan[107] Market and Project Development - The company has been focusing on property development and urban renewal projects in China, which are key areas for future growth[10] - The company is focusing on expanding its residential and commercial projects across multiple regions, including Guangzhou and Foshan[65] - The company has 132 major projects at different stages as of December 31, 2024, with 121 located in key cities of Guangdong Province[59] - The company is actively expanding its market presence with multiple residential and commercial projects across various regions[69][70] - The company achieved contract sales of approximately RMB 94.16 billion in 2024, with a total construction area of about 792,000 square meters[59] Corporate Governance and Compliance - The company is committed to maintaining high standards of corporate governance to protect shareholder interests[118] - The company has adopted corporate governance principles as per the listing rules, ensuring compliance with applicable guidelines[119] - The audit committee, consisting of three independent non-executive directors, has reviewed the group's consolidated annual performance for the year ending December 31, 2024[122] - The company's annual general meeting is scheduled for May 26, 2025[125] - The preliminary performance figures for the year ending December 31, 2024, have been verified by the independent auditor, Ernst & Young[124]

昆明市城建投资开发有限责任公司（以下简称"昆明城投"）涉及南通三建与云南广毅建设工程有限公司 之间的分包合同纠纷案，截至12月20日，公司对南通三建应付工程款余额为750.83万元，因南通三建自 身原因，其工程款账户已被其多家合作单位申请冻结，本公司在未收到其他相关法院通知前，不得向其 支付工程款，故本案因无法执行进入失信状态。 12月17日，广汇汽车服务集团股份公司、新疆天汇汽车服务有限公司、新疆广汇实业投资（集团）有限 责任公司、上海汇涌汽车销售有限公司新增一则被执行人信息，执行标的10.4亿余元，执行法院为四川 省成都市中级人民法院。 陕西省西咸新区空港新城开发建设集团有限公司（以下简称"空港集团"）公告，截至2024年11月30日， 公司合并口径票据承兑逾期余额5.81亿元。逾期原因为公司与施工单位在保交楼工程项目进度款支付时 点、结算金额上存在分歧。 12月20日，广东房企时代中国控股有限公司（时代中国控股，01233.HK）发布有关建议重组境外债务 的最新资料。时代中国控股表示，根据目前可得资料，截至公告日期，持有范围内债务未偿还本金总额 约81.04%的债权人已加入重组支持协议。 【鹰潭市国有控 ...

INTERIM REPORT 2024 中期報告 TIMES CHINA HOLDINGS LIMITED 時代中國控股有限公司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號：1233 INTERIM REPORT 中期 2024 報告 8 720 personal program the states the start 444 e a n t 1 股票是需要需要 F 8 1 the first HE H 872 I t n 8 the g B 目錄 CONTENTS 公司資料 2 Corporate Information 財務摘要 6 Financial Highlights 業務回顧 8 Business Review 企業管治及其他資料 38 Corporate Governance and Other Information 中期簡明綜合損益表 47 Interim Condensed Consolidated Statement of Profit or L ...

Financial Performance - Contract sales for the period amounted to RMB 4.291 billion, a decrease of 54.5% compared to the same period in 2023[2] - Revenue for the period was RMB 609.1 million, representing a decline of 38.7% year-on-year[3] - The loss for the period was RMB 2.831 billion, an increase of 100.9% compared to the same period in 2023[3] - The loss attributable to equity holders of the company was RMB 3.018 billion, an increase of RMB 1.328 billion compared to the same period in 2023[3] - Gross profit for the period was RMB 537.3 million, down from RMB 759.9 million in the same period last year[3] - The group reported a total comprehensive loss of RMB 2.946 billion for the period, compared to RMB 2.184 billion in the same period last year[4] - The company reported a loss attributable to owners of RMB 3,017,883,000 for the six months ended June 30, 2024[9] - The company’s core net loss for the same period was RMB 2,827.9 million, which is an increase of RMB 1,417.6 million compared to the previous year[36] - The group reported a pre-tax loss of RMB 3,017,883 thousand for the six months ended June 30, 2024, compared to a loss of RMB 1,689,480 thousand for the same period in 2023, representing an increase in loss of approximately 78.7%[31] Assets and Liabilities - Total non-current assets as of June 30, 2024, were RMB 25.864 billion, down from RMB 27.136 billion as of December 31, 2023[5] - Current assets totaled RMB 89.203 billion, a decrease from RMB 93.971 billion at the end of 2023[5] - Total bank and other borrowings amounted to RMB 45,944,794,000, with RMB 31,121,495,000 due within the next 12 months[9] - The total current liabilities reached RMB 87,241,000,000, an increase from RMB 86,543,133,000 as of December 31, 2023[6] - Non-current liabilities totaled RMB 20,113,921,000, compared to RMB 23,906,339,000 in the previous period[6] - The net asset value was reported at RMB 1,961,579,000, a decrease from RMB 7,427,786,000[6] - The total assets less current liabilities were reported at RMB 27,825,605,000, down from RMB 34,564,047,000[6] - Cash and cash equivalents stood at RMB 1,541,204,000 as of June 30, 2024[9] - Trade receivables amounted to RMB 946,198 thousand as of June 30, 2024, an increase from RMB 869,658 thousand as of December 31, 2023[33] Debt and Financing - The company experienced a default on borrowings totaling RMB 22,343,901,000 in principal and RMB 2,529,338,000 in interest[9] - The group has triggered cross-defaults totaling RMB 228,800,000 due to the default events[9] - The group has suspended the repayment of certain offshore debts to ensure fair treatment of creditors and is actively negotiating with them for overall management of offshore debts[81] - The group has reached a consensus on key commercial terms with the creditor group regarding the restructuring of certain existing preferred shares and loans[81] - The group is actively negotiating with several existing financial institutions for the renewal of certain loans[10] Operational Strategy - The company effectively managed costs and controlled expenditure during the period[2] - The group plans to accelerate the sales of developed and completed properties and expedite the collection of outstanding receivables[10] - The group will continue to implement measures to control administrative costs and capital expenditures[10] - The company plans to continue actively selling properties, focusing on cash collection, cost reduction, and maintaining stable operating cash flow[51] - The company aims to optimize the structure of urban renewal projects and accelerate the transformation and investment recovery of these projects[51] Market and Development - The company operates in three segments: property development, urban renewal business, and property leasing, with all projects located in mainland China as of June 30, 2024[13] - The total land reserve as of June 30, 2024, was approximately 12.8 million square meters, deemed sufficient for the company's development needs over the next two to three years[40] - The company owns 136 major projects at different stages, with 124 located in key cities of Guangdong Province[37] - The company is expanding its market presence in Guangzhou, with new projects totaling 500,000 square meters planned for 2025[41] - The company is exploring potential acquisitions in the real estate sector to further expand its portfolio[41] Corporate Governance - The group aims to maintain a high level of corporate governance to protect shareholder interests and enhance corporate value[88] - The board believes that having the same person serve as both Chairman and CEO provides strong and stable leadership for the group[89] - The audit committee, consisting of three independent non-executive directors, has reviewed the interim report and found the risk management and internal control systems to be effective and adequate[91] - The board does not recommend the payment of an interim dividend for the six months ended June 30, 2024, consistent with the previous year[87] Employee and Operational Metrics - As of June 30, 2024, the group employed 1,578 staff, a reduction from 1,757 employees as of December 31, 2023[86] - Employee benefits expenses for the six months ended June 30, 2024, were approximately RMB 170 million, compared to RMB 253.3 million for the six months ended June 30, 2023[86]

| --- | |-----------------------------------------| | | | 二零二七年到期的 6.20% 人民幣公開發行 | | 境內公司債券 | | 於二零二零年二月二十一日，廣州時代於 | | 中國按票面年利率 6.20% 發行面值為人民 | | 幣 575,000,000 元的公開發行境內公司債 | | 券（「二零二七年到期的 6.20% 人民幣公開 | | 發行境內公司債券」），為期七年。廣州時 | | 代有權在第五年末調整票面利率，而投資 | | 者則有權回售。二零二七年到期的 6.20% | | 人民幣公開發行境內公司債券於上海證券 | | 交易所上市，並自二零二零年二月二十四 | | 日（包括該日）起以 6.20% 的年利率計息， | | 每年支付一次。於二零二三年二月二十二 | | 日至二月二十四日，廣州時代召開持有人 | | 會議調整債券到期日為二零二七年二月到 | | 期，設置小額兌付機制及按比例還本節 | | 點，並將截止至二零二三年二月二十四日 | | 的應付未付利息資本化，新增利息利隨本 | On 21 February 2020, Guang ...

Project Overview - As of December 31, 2023, the group has a total of 136 major projects at different stages, with 124 located in key cities of Guangdong Province[6]. - The group's contracted sales for 2023 amounted to approximately RMB 14.346 billion, with a total construction area of about 904,000 square meters[6]. - The sales amount from Guangzhou accounted for 28.8% of total sales, with a contracted sales area of 21,174,478 square meters[7]. - The sales amount from Foshan represented 25.2% of total sales, with a contracted sales area of 21,176,193 square meters[7]. - The group has a land reserve of 13,307,108 square meters, with Guangzhou holding 20.5% of this reserve[9]. - The company reported a total of 1,200,000 square meters of completed and future development area for sale in Foshan, with a 100% ownership interest[12]. - The total area for the "Times Global Maker Town" project is projected to be 223,952 square meters, with 75% ownership interest[12]. - The "Times Spring Tree" project in Heshan has a total area of 90,034 square meters, with 100% ownership interest[13]. - The "Times Wind and Cloud" project in Heshan is expected to cover 187,782 square meters, with 51% ownership interest[13]. - The "Times Spring Tree Phase II" project has a total area of 119,153 square meters, with 91% ownership interest[13]. - The "Poli Champagne Garden" project has a total area of 77,206 square meters, with 49% ownership interest[13]. - The company plans to complete the "Times Tianyun" project in 2022, covering 11,393 square meters, with 50% ownership interest[13]. - The "Times Tianyun Phase III" project is expected to cover 23,712 square meters, with 50% ownership interest[13]. - The "Times Tianyun Phase IV" project has a total area of 48,432 square meters, with 38% ownership interest[13]. - The company is expanding its market presence with multiple residential and commercial projects across various regions, indicating a strategic focus on growth[12][13]. Financial Performance - In the fiscal year ending December 31, 2023, the company's property sales revenue was RMB 19,654.9 million, a decrease of 16.1% from RMB 23,536.7 million in 2022[23]. - The gross profit for the company decreased from RMB 3,362.7 million in 2022 to RMB 2,587.7 million in 2023, representing a reduction of RMB 775.0 million, with a gross margin of 12.3%[26]. - The annual loss for 2023 was RMB 4,344.6 million, an improvement of RMB 5,201.4 million compared to the loss of RMB 9,546.0 million in 2022, with a basic loss per share of RMB 2.14[29]. - The total revenue for the company in 2023 was RMB 21,010.8 million, down from RMB 24,423.7 million in 2022[23]. - The company reported a rental income of RMB 687.7 million, slightly up from RMB 676.8 million in the previous year[23]. - The company reported a total comprehensive loss of RMB 4,703,748,000 for the year ended December 31, 2023, compared to a loss of RMB 11,374,024,000 in the previous year, indicating a significant improvement[101]. - The company experienced a core net loss attributable to shareholders of RMB 4,506,669,000 for the year ended December 31, 2023[103]. - The company reported a net loss of RMB 8,420.6 million for the year, compared to a net profit of RMB 139.5 million in the previous year, indicating a significant downturn in profitability[106]. - The company generated RMB 19,654,925,000 in revenue from property development, with a significant portion attributed to external customer sales[175]. Debt and Financial Management - The company aims to actively manage debt and optimize its debt structure while disposing of non-core assets[21]. - The company has suspended the repayment of certain offshore debts and is actively negotiating with creditors for overall management of its offshore debt[64]. - The company reported a default on borrowings totaling RMB 21,387,158,000 in principal and RMB 1,750,229,000 in interest as of December 31, 2023[101]. - The company is committed to optimizing its debt structure and actively reducing its debt levels in 2023[194]. - The company has established a small repayment mechanism and proportional repayment points for its bonds[59]. - The company is taking measures to accelerate the sales of properties under development and completed properties, aiming to recover outstanding sales proceeds[133]. - The group has appointed a financial advisor to assist in restructuring priority notes and corporate bonds to reach a resolution with stakeholders[133]. - Ongoing negotiations with financial institutions for loan restructuring are in progress to enhance liquidity[114]. Market Outlook and Strategy - The outlook for 2024 indicates a challenging international environment and a sluggish recovery in the Chinese economy, particularly in the real estate sector[3]. - The company plans to adapt to new circumstances and pursue new opportunities for growth and expansion[4]. - The company plans to continue optimizing urban renewal project structures and accelerate the transformation and investment recovery of these projects[21]. - The company aims to sell non-core assets to recover funds and improve cash flow[116]. - The group aims to accelerate the sales of property and urban renewal projects to improve cash flow and recover outstanding receivables[192]. - The company is actively pursuing market expansion strategies to enhance its operational capabilities and financial performance[114]. Regulatory and Accounting Changes - The company has adopted new and revised International Financial Reporting Standards for the current financial year[137]. - The impact of the new accounting standards has not affected the measurement, recognition, or presentation of any items in the financial statements[138]. - The implementation of the revised International Accounting Standard 12 has introduced mandatory temporary exceptions regarding deferred taxes[124].

Financial Performance - Recognized revenue for the six months ended June 30, 2023, was RMB 9,932.2 million, an increase of 53.5% compared to RMB 6,498.1 million in the same period of 2022[14] - Gross profit for the same period was RMB 759.9 million, down 11.7% from RMB 860.0 million in 2022[14] - The company reported a loss attributable to owners of the Company of RMB 1,689.5 million for the period, compared to a profit of RMB 23.8 million in 2022[14] - Core net loss for the period was RMB 1,410.3 million, a significant decline from a profit of RMB 58.9 million in the previous year[14] - The loss for the period amounted to RMB 1,409.7 million, a decrease of RMB 1,440.8 million from the profit recorded in the same period of 2022[21] - Core net loss for the six months ended 30 June 2023 was RMB 1,410.3 million, down RMB 1,469.2 million from the core net profit for the same period in 2022[21] - Basic and diluted loss per share for the six months ended 30 June 2023 was RMB 80 cents, compared to earnings of RMB 1 cent per share in the same period of 2022[21] Assets and Liabilities - Total assets as of June 30, 2023, were RMB 138,390.5 million, down from RMB 149,927.3 million at the end of 2022[14] - Total liabilities decreased to RMB 123,573.3 million from RMB 130,020.9 million at the end of 2022[14] - Cash and bank balances stood at RMB 5,341.6 million, a decrease from RMB 6,749.4 million at the end of 2022[14] - Total equity attributable to owners of the Company was RMB 2,851.7 million, down from RMB 5,748.7 million at the end of 2022[14] - Interest-bearing bank and other borrowings totaled RMB 46,928.2 million, slightly down from RMB 47,001.2 million at the end of 2022[14] Operational Strategy - The company continues to focus on operational efficiency and strategic adjustments to improve profitability in the future[16] - The Group's strategy includes expanding its presence in major cities, focusing on residential and commercial developments to meet market demand[34] - The Group is actively pursuing new technology and product development to enhance project offerings and improve operational efficiency[34] - Future guidance indicates a focus on maintaining a strong pipeline of projects to ensure sustained growth and profitability over the next few years[36] - The Group's land reserves and project portfolio position it well to capitalize on market opportunities and drive long-term value creation[32] Project Development - Contracted sales for the six months ended 30 June 2023 totaled approximately RMB 9.443 billion, with a total gross floor area of approximately 572,000 sq.m.[22] - As of 30 June 2023, the Group's total land reserve was approximately 14.5 million sq.m., deemed sufficient for future development needs over the next two to three years[31] - The Group had 136 major projects in various stages, with 124 located in major cities of Guangdong Province[22] - The largest land reserves are in Guangzhou with 3,096,169 sq.m. (21.3%), followed by Qingyuan with 2,643,239 sq.m. (18.2%) and Foshan with 2,248,697 sq.m. (15.5%)[33] Financial Management - The Group plans to optimize urban redevelopment project structures and accelerate investment returns while actively managing debt and disposing of non-core assets[60] - The real estate market is expected to gradually stabilize with anticipated adjustments in regulatory policies and further decreases in mortgage interest rates and down payment ratios[59] - The Group's financing costs increased to RMB 552.5 million for the six months ended 30 June 2023 from RMB 199.8 million for the same period in 2022, primarily due to a decrease in capitalizable interest expenses[78] - Income tax expenses surged by RMB 237.7 million, or 560.6%, to RMB 280.1 million for the six months ended 30 June 2023, mainly due to the reversal of deferred tax assets[79] Corporate Governance - The Group is committed to maintaining high standards of corporate governance, having adopted the Corporate Governance Code as its own code[158] - The roles of chairman and chief executive officer are held by the same individual, Mr. Shum, which the Board believes provides strong leadership and effective business planning[160] - All Directors confirmed compliance with the Model Code for Securities Transactions for the six months ended June 30, 2023[161] - The Group has effective risk management and internal control systems in place to maintain checks and balances within its operations[160] Employee Management - As of June 30, 2023, the Group had 2,442 employees, a decrease from 2,656 employees as of December 31, 2022, representing a reduction of approximately 8.1%[147] - For the six months ended June 30, 2023, the Group's employee benefit expense (excluding Directors' remuneration) was approximately RMB 253.3 million, a significant decrease of 56.5% compared to RMB 583.4 million for the same period in 2022[147] - The Group's employee remuneration policies are regularly reviewed to align with industry pay levels, ensuring competitive compensation for performance and skills[147] Debt Management - The company issued USD 400,000,000 of 5.55% senior notes due 2024, equivalent to approximately RMB 2,890,320,000, and USD 100,000,000 of 5.55% senior notes due 2024, equivalent to approximately RMB 722,580,000[99] - The company issued USD 350,000,000 of 5.75% senior notes due 2027, equivalent to approximately RMB 2,529,030,000[100] - The company issued USD 350,000,000 of 6.20% senior notes due 2026, equivalent to approximately RMB 2,529,030,000, and USD 100,000,000 of 6.20% senior notes due 2026, equivalent to approximately RMB 722,580,000[102] - The company established new credit enhancement and protection measures for the RMB 5.68% non-public domestic corporate bonds due 2026[107] Shareholder Information - As of June 30, 2023, Mr. Shum Chiu Hung holds 1,244,877,716 shares, representing approximately 59.23% of the total issued shares[183] - The ownership structure indicates a significant concentration of control, with Mr. Shum Chiu Hung holding substantial interests in both the Company and its associated corporations[191]

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。 TIMES CHINA HOLDINGS LIMITED 時 代 中 國 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） 1233 （股份代號： ） 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 的 中 期 業 績 公 告 中期業績摘要 － 期間合同銷售為人民幣94.43億元，相比二零二二年同期減幅為65.6%； － 期間營業額為人民幣9,932.2百萬元，相比二零二二年同期增幅為52.8%； － 期間毛利為人民幣759.9百萬元，相比二零二二年同期減幅為11.6%； － 期間毛利率為7.7%，相比二零二二年同期下跌5.5個百分點； － 期間內，本集團有效進行成本管理，管控費用支出； － 期間虧損為人民幣1,409.7百萬元，相比二零二二年同期的期間利潤減少 ...

Financial Performance - In 2022, contracted sales surpassed RMB 100.3 billion[22]. - Contracted sales for 2022 amounted to RMB 39,791 million, a decrease of 58.4% compared to RMB 95,590 million in 2021[71]. - Recognized revenue for 2022 was RMB 24,423.7 million, down 44.0% from RMB 43,635.2 million in 2021[71]. - Gross profit for 2022 decreased by 72.1% to RMB 3,362.7 million from RMB 12,053.1 million in 2021[71]. - The company reported a loss attributable to owners of the Company of RMB 9,936.3 million in 2022, compared to a profit of RMB 3,260.2 million in 2021, marking a decline of 404.8%[71]. - Core net loss for 2022 was RMB 9,564.7 million, a significant drop from a profit of RMB 4,802.4 million in 2021, representing a change of 299.2%[71]. - The Group's revenue for 2022 was RMB 24,423.7 million, a decrease of 44.0% compared to 2021[116]. - The loss for 2022 amounted to RMB 9,619.5 million, a decrease of RMB 14,373.4 million from the profit in 2021[120]. - The core net loss for 2022 was RMB 9,564.7 million, down RMB 14,367.1 million from the core profit in 2021[120]. - Loss attributable to the owners of the Company for 2022 was RMB 9,936.3 million, a decrease of RMB 13,196.5 million from the profit attributable to owners in 2021[120]. - Basic loss per share for 2022 was RMB 4.76, compared to basic earnings per share of RMB 1.66 in 2021[120]. Assets and Liabilities - As of December 2022, the Group's total assets exceeded RMB 149.9 billion[16]. - Total assets as of December 31, 2022, were RMB 149,927.3 million, down from RMB 198,393.0 million in 2021[71]. - Total liabilities decreased to RMB 130,020.9 million in 2022 from RMB 155,738.2 million in 2021[71]. - Cash and bank balances at the end of 2022 were RMB 6,749.4 million, a decline from RMB 20,657.2 million in 2021[71]. - The total land bank at the end of 2022 was 15,629,940 sq.m., a decrease from 19,944,103 sq.m. in 2021[74]. Market Presence and Strategy - The company has 138 projects at different development stages, providing quality living apartments and services for approximately 600,000 homeowners[17]. - Times China has been focusing on the Guangdong-Hong Kong-Macau Greater Bay Area while entering other high-growth potential regions in China[17]. - The company has successfully entered the Chengdu market, marking a new strategic breakthrough[24]. - The company aims to become a Global 500 company, focusing on better products and services for consumers[18]. - The company continues to adhere to its corporate strategy of "Regional Focus, Cities Penetration, and Product Diversification"[27]. - The company has set a target to expand its market presence by entering three new cities in 2023, aiming for a 20% increase in market share in these regions[86]. - Times China is exploring potential mergers and acquisitions to diversify its portfolio, with a focus on acquiring smaller real estate firms in emerging markets[86]. - The company is actively expanding its portfolio with multiple projects across various regions, indicating a strong growth strategy in the residential and commercial sectors[136]. Operational Efficiency and Management - The company conducted proactive debt management in 2022, aiming to lower the gearing level to maintain healthy operations[61]. - The company emphasizes the importance of organic growth and long-term strategies, aiming to adjust and optimize its business model for high-quality development in 2023[66]. - The management emphasized a commitment to sustainability, aiming to implement green building practices in 100% of new projects by 2025[86]. - The company aims to improve operational efficiency, targeting a 15% reduction in costs through new management strategies[104]. - The management structure includes a mix of executive directors and non-executive directors, enhancing governance and oversight[92][93]. Charitable Activities - The company focused on four major areas for charitable activities: education, arts, medical care, and poverty relief, benefiting over 600,000 children in rural areas[62]. Future Outlook - Looking forward to 2023, the company expects a general recovery in the Chinese economy and acknowledges that the real estate industry will continue to undergo structural reforms[65][66]. - The overall economy in China is expected to improve in 2023, driven by macro policies focused on stable economic growth[163][164]. - The real estate market is expected to gradually stabilize with the introduction of supportive government policies aimed at boosting market confidence[165][167].

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。 TIMES CHINA HOLDINGS LIMITED 時 代 中 國 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） 1233 （股份代號： ） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 的 年 度 業 績 公 告 年度業績摘要 － 年度合同銷售為人民幣397.91億元，同比減幅為58.4%；合同銷售均價為 每平方米人民幣16,103元，同比減幅為13.4%； － 年度收入為人民幣 24,423.7百萬元，同比減幅為 44.0%； － 年內，本集團有效進行成本管理，管控費用支出; 及 － 於二零二二年，本集團已交付38個項目，近4萬套房。 ...