Financial Performance - In 2021, Hebei Construction Group achieved operating revenue of RMB 47.828 billion, representing a year-on-year growth of 19%[5] - The company recorded a net loss of RMB 358 million due to increased impairment provisions totaling RMB 1.92 billion, primarily related to individual losses from certain real estate developers[5] - The net loss for 2021 was RMB 0.358 billion, a decrease of 148% compared to 2020[15] - The company's revenue for 2021 increased by approximately RMB 7.678 billion to RMB 47.828 billion, primarily due to a RMB 7.502 billion increase in revenue from the construction engineering contracting segment[78] - Management expenses for 2021 were RMB 536 million, a slight increase of RMB 35 million from 2020, indicating stability[83] - Research and development expenses decreased to RMB 76 million in 2021, down RMB 18 million from 2020, due to the completion of previous projects[84] - Credit impairment losses rose to RMB 623 million in 2021, an increase of RMB 679 million from 2020, attributed to deteriorating credit conditions of certain real estate clients[85] - Cash and cash equivalents as of December 31, 2021, were approximately RMB 8.810 billion, an increase of RMB 357 million from the end of 2020[93] - The net value of accounts receivable as of December 31, 2021, was RMB 7.740 billion, an increase of approximately RMB 2.313 billion from the end of 2020[98] - Other receivables amounted to RMB 2.618 billion as of December 31, 2021, reflecting a 7% increase from the previous year[101] - As of December 31, 2021, the net value of contract assets was RMB 42.163 billion, an increase of approximately RMB 1.64 billion compared to the end of 2020[102] - As of December 31, 2021, contract liabilities amounted to RMB 6.007 billion, a decrease of approximately RMB 85.9 million compared to the end of 2020[102] - The balance of accounts payable as of December 31, 2021, was RMB 37.937 billion, an increase of RMB 2.911 billion, representing a growth rate of 8% compared to the end of 2020[105] - The group's bank borrowings as of December 31, 2021, were approximately RMB 5.479 billion, an increase from RMB 5.186 billion at the end of 2020[104] - Capital expenditures for 2021 were approximately RMB 254 million, a decrease of RMB 443 million compared to 2020[107] - The current ratio as of December 31, 2021, was 1.0, down from 1.1 at the end of 2020[109] - The debt-to-equity ratio was 93.3% as of December 31, 2021, compared to 80.5% at the end of 2020[109] - The return on assets was -0.6% for 2021, down from 1.2% in 2020[109] Contracts and Projects - The new contract amount signed in 2021 was RMB 48.183 billion, maintaining stability compared to the previous year while optimizing market structure with a significant reduction in real estate project proportion[5] - The total uncompleted contract amount as of 2021 was RMB 73.274 billion, down from RMB 81.705 billion in 2020[19] - In the housing construction sector, the new contract amount in 2021 was RMB 30.664 billion, a decrease of 23% from RMB 40.127 billion in 2020[22] - The infrastructure construction sector saw a new contract amount of RMB 12.595 billion in 2021, a slight decrease from RMB 13.011 billion in 2020[24] - The professional and other construction engineering sector's new contract amount was RMB 4.924 billion in 2021, an increase of 42% from RMB 3.483 billion in 2020[28] - The housing construction business accounted for 63.64% of the total new contracts signed in 2021[20] - The municipal infrastructure construction projects represented 62.25% of the new contracts in the infrastructure sector in 2021[27] - The company secured new contracts totaling RMB 14.5 billion for the Pingfangxiang Huangqu New Village Phase IV housing project in Beijing[31] - The Jinan Tianqiao District North Lake Core Area construction project in Shandong has a contract value of RMB 10.78 billion[31] - The Zhengzhou Zhongyuan Country Garden Phase II project has a contract amount of RMB 4.49 billion[31] - The company is involved in the construction of the Hebei Medical University Second Hospital with a contract value of RMB 7.68 billion[31] - The company has a contract for the construction of the Hohhot Second Hospital relocation project valued at RMB 7.11 billion[31] - The company is engaged in the construction of the Shenzhou Cultural Media Center in Zhejiang with a contract amount of RMB 5.64 billion[31] - The company has secured a contract worth RMB 4.38 billion for the Minfeng County Public Railway Logistics Park project in Xinjiang[34] - The company is working on the Beijing New Airport Education and Research Base project with a contract value of RMB 7.17 billion[40] - The company has ongoing projects including the Yutian County Hospital relocation project valued at RMB 6.73 billion in Hebei[40] - The company is involved in the construction of the Knowledge City Medical City project in Guangdong with a contract amount of RMB 12.60 billion[40] - The total contract amount for the project in Beijing's Fangshan District is 4.58 billion RMB[45] - The total contract amount for the emergency material storage and cold chain logistics project in Shandong Province is 3.00 billion RMB[47] - The total contract amount for the construction of the food reserve warehouse in Hangzhou is 3.56 billion RMB[49] - The total contract amount for the municipal infrastructure project in Baoding is 7.40 billion RMB[50] Innovation and Technology - The company applied for 232 new patents and was granted 253 patents in 2021, including 9 invention patents[9] - The company completed 11 standards and regulations in 2021, and received 20 provincial-level construction methods[60] - The company was awarded 232 new national patents in 2021, including 37 invention patents[60] - The company aims to enhance its capabilities in ecological restoration, environmental improvement, and pollution control, aligning with national policies and carbon neutrality goals[75] - The company will continue to implement Building Information Modeling (BIM) technology training and promote its application in complex construction projects[75] - The company has established a quality technology system and implements a three-level management model for technology innovation management[62] - The company aims to achieve high-quality development by focusing on the construction of a quality life city in Baoding, leveraging its unique advantages and opportunities[72] - In 2021, the company was approved for 1 project under the Ministry of Housing and Urban-Rural Development's scientific and technological plan, 16 projects under Hebei Province's construction technology research plan, and 31 projects under the 27th batch of new technology application demonstration projects in Hebei Province[63] - The company has a total of 314 ongoing research projects and 93 various demonstration projects, focusing on high-tech content and significant promotion value[63] Awards and Recognition - Hebei Construction Group was awarded the "Advanced Collective in Poverty Alleviation" by the Hebei Provincial Committee and Government for its outstanding performance in poverty alleviation efforts[9] - The company has created 25 projects that won the Luban Award and participated in 16 Luban Award projects[56] - In 2021, the company received 23 awards for technological progress from the Hebei construction system[59] - The company has received 2 National Quality Engineering Awards and 134 provincial-level quality engineering awards in 2021[65][67] Employee and Management - The total number of employees exceeded 10,000, with approximately 1,100 new hires, including over 280 senior engineers and 410 intermediate engineers[5] - As of December 31, 2021, the group had 9,064 full-time employees, an increase from 8,773 employees at the end of 2020[119] - The company's employee situation is detailed in pages 169 to 184 of the report, highlighting the importance of employees for sustainable development[162] - No changes in the positions of directors, supervisors, and senior management personnel during the reporting period[183] - The remuneration of directors and supervisors includes salary, retirement plan contributions, discretionary bonuses, housing, and other allowances[188] - The biographies of directors, supervisors, and senior management personnel are detailed in the report[184] - The service contracts for directors and supervisors are effective from the date of appointment until the end of the current board term[186] Compliance and Governance - The company has implemented internal controls to ensure compliance with relevant laws and regulations[139] - The company’s compliance with major laws and regulations includes adherence to labor laws and environmental protection laws[138] - The company’s board believes it has complied with relevant laws and regulations in significant aspects[139] - The company’s annual report provides detailed insights into its environmental, social, and governance performance[135] - The company is subject to a 10% withholding tax on dividends paid to foreign non-resident corporate shareholders[148] - The company’s operations are primarily conducted within China, adhering to local laws and regulations[136] Customer and Supplier Relations - The top five customers accounted for approximately 5% of the total revenue for the year ended December 31, 2021[156] - The top five suppliers accounted for approximately 15% of the cost of sales for the year ended December 31, 2021[157] - The company has established long-term stable relationships with over 600 clients, many of whom have collaborated with the company for more than 30 years[160] - The company has maintained good cooperation with major customers and suppliers through various communication channels, including phone, email, and in-person meetings[161] - The company’s construction engineering contracting clients include universities, hospitals, civil aviation departments, and large real estate companies in China[160] Dividend Policy - The company proposed a final dividend of RMB 0.14 per share for the year ended December 31, 2021, which was distributed to shareholders on July 16, 2021[143] - The board recommended not to distribute a final dividend for the year ended December 31, 2021[144] - The company’s dividend policy allows the board to propose dividend distributions based on financial performance and cash flow considerations[147]

b 河北建設集團股份有限公 HEBEI CONSTRUCTION GROUP CORPORATION LIN ( 於中華人民共和國註冊成立的股份有限公司 ) 股份代號：1727 20 中期報告 目 錄 1 | --- | --- | |----------------------------------------------------|-------| | | | | 公司資料 | 2 | | 財務概要 | 4 | | 業務概覽 | 5 | | 管理層討論與分析 | 18 | | 其他事項 | 25 | | 股本變動及股東資料 | 27 | | 董事、監事及高級管理人員情況 | 32 | | 中 期 合 併 資 產 負 債 表（未 經 審 核） | 33 | | 中 期 合 併 利 潤 表（未 經 審 核） | 36 | | 中 期 合 併 所 有 者 權 益 變 動 表（未 經 審 核） | 38 | | 中 期 合 併 現 金 流 量 表（未 經 審 核） | 40 | | 公 司 資 產 負 債 表（未 經 審 核） | 42 | | 公 司 利 潤 表（未 經 審 核） | 44 | | 公 司 ...

7 河北建設集團股份有限公司 HEBEICONSTRUCTION GROUP CORPORATION LIMITED （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） 股份代號：1727 ther in 目 錄 釋義及技術詞彙表 384 | --- | |----------| | | | 財務概要 | | 業務概覽 | 2 4 6 7 26 35 60 64 66 71 92 174 190 管理層討論與分析 董事會報告 監事會報告 重大事項 股本變動及股東資料 企業管治報告 環 境、社 會 及 管 治 報 告 董 事、監 事、高 級 管 理 人 員 和 員 工 情 況 獨立核數師報告 財務報表附註 214 五年財務概要 382 董事長致辭 2 河北建設集團股份有限公司 尊 敬 的 各 位 股 東： 首 先，我 謹 代 表 公 司 董 事 會，對 所 有 股 東 和 社 會 各 界 在 過 去 一 年 給 予 公 司 的 關 心 和 支 持 表 示 衷 心 地 感 謝！ 2020年，於 國、於 企 都 是 很 不 平 凡 的 一 年，面 對 日 益 激 烈 的 市 場 競 ...

3 河北建設集團股份有限公司 HEBEI CONSTRUCTION GROUP CORPORATION LIMITED (於中華人民共和國註冊成立的股份有限公司) 股份代號：1727 0000 0000 2020 中期報告 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|--------------|-------|----------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 目 | | 錄 | | | | | | | | | | | | | | | | | 公司資料 | ...

河北建設集團股份有限公司 HEBEI CONSTRUCTION GROUP CORPORATION LIMITED (於中華人民共和國註冊成立的股份有限公司) 股份代號： 1727 9 目 錄 董事長致辭 2 公司資料 4 財務概要 6 業務概覽 9 管理層討論與分析 28 董事會報告 36 監事會報告 64 重大事項 68 股本變動及股東資料 70 企業管治報告 77 環 境、社 會 及 管 治 報 告 97 董 事、監 事、高 級 管 理 人 員 和 員 工 情 況 163 獨立核數師報告 183 財務報表附註 206 五 年財務概要 373 釋義及技術詞彙表 375 董事長致辭 30 June 2018 董事長致辭 尊 敬 的 各 位 股 東： 首 先，我 謹 代 表 河 北 建 設 集 團 股 份 有 限 公 司 董 事 會，對 所 有 股 東 和 社 會 各 界 在 過 去 一 年 給 予 公 司 的 關 心 和 支 持 表 示 衷 心 的 感 謝！ 2019年，面 對 國 際、國 內 競 爭 不 斷 加 劇 的 外 部 環 境，我 們 秉 承 提 質 增 效、行 穩 致 遠 的 總 基 調， 堅 ...

b 河北建設集團股份有限公司 HEBEI CONSTRUCTION GROUP CORPORATION LIMITED ( 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ) 股份代號：1727 SHIP STORE FOR STATE LAND FOR THE FORM FOR THE FORM FOR THE FORMING 20 19 中期報告 目 錄 1 公司資料 2 財務概要 4 業務概覽 5 管理層討論與分析 18 其他事項 24 股本變動及股東資料 32 董事、監事及高級管理人員情況 41 中 期 合 併 資 產 負 債 表（未 經 審 核） 43 中 期 合 併 利 潤 表（未 經 審 核） 46 中 期 合 併 所 有 者 權 益 變 動 表（未 經 審 核） 48 中 期 合 併 現 金 流 量 表（未 經 審 核） 50 公 司 資 產 負 債 表（未 經 審 核） 52 公 司 利 潤 表（未 經 審 核） 54 公 司 所 有 者 權 益 變 動 表（未 經 審 核） 55 公 司 現 金 流 量 表（未 經 審 核） 57 財務報表附註 59 釋 義 1 ...

H 볼+별+벨+벨+벨+벨+ 웹+벨+벨+벨+페+리] H = H HHHH 聞は HALL MALE 2018 年度報告 B 河北建設集團股份有限公司 HEBEI CONSTRUCTION GROUP CORPORATION LIMITED （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ) 股份代號：1727 目 錄 董事長致辭 2 公司資料 4 財務概要 6 業務概覽 8 管理層討論與分析 20 董事會報告 26 監事會報告 50 重大事項 53 股本變動及股東資料 56 企業管治報告 62 環 境、社 會 及 管 治 報 告 80 董 事、監 事、高 級 管 理 人 員 和 員 工 情 況 148 獨立核數師報告 169 財務報表及附註 176 物業詳情 312 五 年財務概要 313 釋義及技術詞彙表 316 董事長致辭 董事長致辭 尊 敬 的 各 位 股 東： 在 這 個 美 好 時 刻，我 謹 代 表 河 北 建 設 集 團 股 份 有 限 公 司 董 事 會，對 所 有 股 東 和 社 會 各 界 在 過 去 一 年 給 予 公 司 的 關 心 和 支 持 表 ...