Financial Performance - The company reported operating revenue of approximately RMB 77,036.6 million for the nine months ended September 30, 2024, representing a year-on-year increase of 6.12%[3] - In Q3 2024, the operating revenue was RMB 31,474.1 million, reflecting a year-on-year increase of 34.17%[3] - The net loss attributable to shareholders for the same period was approximately RMB 436.5 million, a significant decline of 4,212.65% compared to the previous year[3] - The basic earnings per share for Q3 2024 was RMB 0.03, a 186.66% increase compared to the same period last year[3] - Net profit attributable to shareholders increased by 192.66% compared to the previous period, driven by higher profits[8] - Operating revenue for the current period grew by 34.17%, attributed to the delivery of real estate projects and the cement business entering the sales peak season[8] - The net profit for the period was -865,617,923.02 CNY, compared to -418,877,189.35 CNY in the previous period, indicating a significant decline[18] - Total comprehensive income attributable to the parent company was -448,332,375.12 CNY, down from -6,312,532.31 CNY in the previous period[19] Assets and Liabilities - The total assets as of September 30, 2024, were RMB 270,239.5 million, a slight increase of 0.21% from the end of the previous year[3] - The net assets attributable to shareholders increased to RMB 74,473.3 million, up 2.01% from the previous year[3] - The total current assets as of September 30, 2024, amount to RMB 139,976,568,167.80, a slight decrease from RMB 141,074,340,797.32 as of December 31, 2023[14] - The total amount of other receivables increased from RMB 6,132,077,812.09 to RMB 9,544,839,048.92, which is an increase of around 55.5%[14] - The total non-current assets increased to CNY 130,262,947,884.20 from CNY 128,604,798,418.16[16] - Total liabilities decreased slightly to CNY 174,304,660,883.09 from CNY 175,314,768,398.62 year-over-year[16] - Total equity increased to CNY 95,934,855,168.91 from CNY 94,364,370,816.86 in the previous year[16] Cash Flow - The company recorded a net cash flow from operating activities of RMB -9,456.8 million for the nine months ended September 30, 2024, a decline of 205.12% year-on-year[3] - Cash flow from operating activities showed a net outflow of -9,456,802,718.13 CNY, contrasting with a net inflow of 8,996,162,667.05 CNY in the previous period[20] - The net cash flow from investment activities was -3,394,771,814.58, a significant decrease compared to 1,509,503,959.50 from the previous period[21] - Cash inflow from financing activities totaled 64,581,123,910.83, an increase from 59,257,628,704.21 in the prior period[21] - The cash and cash equivalents at the end of the period amounted to 11,730,460,205.15, down from 15,667,316,767.17 in the previous period[22] Expenses and Costs - Total operating costs for the same period were CNY 79,370,061,848.76, up from CNY 74,062,966,868.06 year-over-year[17] - Operating costs included CNY 69,312,779,063.72 in operating expenses, compared to CNY 64,743,116,856.04 in the previous year[17] - Sales expenses amounted to CNY 1,695,409,334.51, a decrease from CNY 1,828,078,677.80 year-over-year[17] - Management expenses increased to CNY 4,720,319,046.13 from CNY 4,348,360,131.96 in the previous year[17] - Financial expenses for the period were CNY 2,284,292,971.21, compared to CNY 2,076,079,518.34 last year[17] Shareholder Activities - The controlling shareholder, Beijing State Capital Operation Management Center, plans to increase its stake in the company by acquiring an additional 35,308,366 shares, totaling RMB 46,079,520.12[12] - The first purchase under the share buyback plan was executed on August 23, 2024, with 6,682,600 shares acquired for RMB 8,525,554[12] - The company has not yet completed its share buyback plan, indicating ongoing commitment to shareholder value enhancement[12] Market and Strategic Developments - The company has not disclosed any new product developments or market expansion strategies in the current report[1] - The company is actively pursuing market expansion strategies, including potential mergers and acquisitions, to enhance its competitive position[12]

Financial Performance - The company reported a total revenue of approximately RMB 45,562.4 million for the first half of 2024, a year-on-year decrease of 7.3%[11] - The net loss attributable to shareholders was approximately RMB 806.7 million, compared to a net profit of RMB 410.1 million in the same period last year[11] - The main business revenue was approximately RMB 45,209.6 million, down 7.1% compared to the previous year[32] - The total loss amounted to approximately RMB 1,070.5 million, compared to a profit of RMB 425.7 million in the same period last year[32] - The net loss was approximately RMB 1,749.5 million, a significant decline from a net profit of RMB 14.7 million in the previous year[32] - The company reported a significant increase in investment income from joint ventures, rising to RMB 135.61 million from RMB 62.34 million year-on-year[108] - The total comprehensive loss amounted to RMB 1.88 billion, significantly higher than a loss of RMB 23.49 million in the first half of 2023[109] - Basic and diluted earnings per share decreased to RMB -0.12, compared to RMB 0.0025 in the same period last year[109] Cost Management and Efficiency - The company achieved a cement cost reduction of RMB 35 per ton and a fuel substitution rate of 10.7% in the cement business during the first half of 2024[12] - The company aims to enhance cost management in the cement business while implementing differentiated marketing strategies to stabilize volume and increase prices[7] - The company aims to maintain its "Year of Efficiency Improvement" strategy, ensuring high-quality completion of all targets for 2024[14] - The company has implemented a "Quality Improvement and Efficiency Enhancement" action plan aimed at strengthening core business and improving operational efficiency through technological innovation[95] Real Estate Development - The real estate development segment focused on project delivery and inventory reduction, with key projects becoming significant profit supports[13] - The company has developed approximately 170 real estate projects, with a total construction area exceeding 30 million square meters, covering 17 cities[22] - The real estate development and operation segment revenue was RMB 10,758.2 million, a year-on-year increase of 14.8%[42] - The real estate development segment saw a 23.6% decrease in total area delivered, amounting to 388,400 square meters[35] - In the first half of 2024, new housing starts decreased by 23.7%, with residential starts down by 23.6%[26] - The sales area of newly built commercial housing in the first half of 2024 was 47.916 million square meters, a year-on-year decrease of 19.0%[26] Investment and Financing - The company successfully issued bonds totaling RMB 6.8 billion, with a record low interest rate of 2.49% for perpetual bonds[54] - The company achieved a financing cost of 3.25% and maintained an AAA credit rating, ensuring smooth financing channels to support its main business development[54] - The company plans to optimize its financing structure and expand financing channels to ensure stable cash flow amid rising debt risks and external trade pressures[58] - The company’s cash flow from financing activities increased by approximately RMB 3,680.4 million year-on-year, mainly due to adjustments in financing structure in response to lower LPR rates[47] Technological Innovation - The company plans to strengthen technological innovation and accelerate the transformation of its own technological achievements into new products[7] - The company is focusing on technological innovation and business model transformation to foster high-quality development in response to changing market demands[56] - The company applied for 271 patents in the first half of 2024, including 60 invention patents, and achieved recognition with one provincial-level technology award[52] Market Outlook - The company expects resilient growth in infrastructure investment in the second half of 2024, supported by favorable policies for the construction materials sector[14] - The company is adapting to market changes by emphasizing product innovation, service optimization, and brand differentiation to strengthen its competitive position[59] - The future outlook remains positive, with management guiding for continued revenue growth and profitability improvements[113] Environmental Commitment - The company aims to complete carbon reduction tasks by the end of 2025, targeting a reduction of 13 million tons of CO2 emissions through energy-saving measures in the cement industry[57] - The company actively participated in the national voluntary greenhouse gas reduction trading market, generating over RMB 700 million in profit from carbon asset management[53] - The company is committed to developing green low-carbon cement products and aims to scale up production of low-carbon materials[57] Financial Position - As of June 30, 2024, total assets reached approximately RMB 270,457.9 million, an increase of about 0.3% from the beginning of the reporting period[60] - Total liabilities amounted to approximately RMB 176,733.3 million, with a debt-to-asset ratio of 65.3%, up by 0.3 percentage points[60] - The company’s cash and cash equivalents decreased by 10.6% to RMB 15,487.8 million from RMB 17,332.1 million[29] - Current liabilities decreased by 8.3% to RMB 107,902.1 million, while current assets increased slightly by 0.1%[29] Corporate Governance - The company has maintained compliance with the corporate governance code as per the listing rules during the reporting period[84] - The board of directors consists of four executive directors, two non-executive directors, and four independent non-executive directors, ensuring a strong independent element[85] - The company confirmed that there were no violations of the standard code of conduct by directors, supervisors, or senior management during the reporting period[82] Employee Compensation - The total employee compensation for the reporting period was approximately RMB 3,775.9 million, an increase of about 9.0% compared to RMB 3,465.7 million for the same period last year[70] - As of June 30, 2024, the company employed 44,614 staff, a slight decrease from 44,885 as of December 31, 2023[70] Shareholder Returns - The company did not recommend the distribution of an interim dividend for the six months ended June 30, 2024, consistent with the previous period[88] - The company has maintained a consistent cash dividend policy since its H shares were listed in Hong Kong in 2009, demonstrating commitment to shareholder returns[95] - The company has issued a cash dividend of RMB 0.025 per share for the fiscal year 2023, equivalent to HKD 0.0275 per H share[100]

Financial Performance - Revenue for the six months ended June 30, 2024, was approximately RMB 45,562.4 million, a decrease of about 7.3% compared to the same period in 2023[2]. - Net loss for the period was approximately RMB 1,749.5 million, compared to a net profit of RMB 14.7 million in the same period of 2023[2]. - Basic loss per share attributable to shareholders of the parent company was approximately RMB 0.12, compared to earnings of RMB 0.0025 per share in the same period of 2023[2]. - The company reported a decrease in undistributed profits from RMB 25.27 billion to RMB 23.67 billion, a drop of 6.34%[13]. - The company reported a total loss of approximately RMB 1.07 billion, compared to a profit of approximately RMB 425.68 million for the same period in 2023, indicating a significant decline in performance[36]. - The main business gross profit was RMB 4,332,620, reflecting an 18.2% decline from RMB 5,295,552 in the previous year[82]. - The company reported a net loss attributable to shareholders of RMB 1,749,543, compared to a profit of RMB 14,659 in the previous year, marking a significant decline of RMB 1,764,202[82]. Revenue Breakdown - The revenue from the new green building materials segment was RMB 35,463,913,270.84, while the real estate development and operation segment contributed RMB 10,985,962,743.28 for the six months ended June 30, 2024[16]. - The revenue from contracts with customers was RMB 44,341,508,860.69 for the six months ended June 30, 2024, down from RMB 48,042,681,916.22 in the previous year[21]. - The cement business reported a main operating revenue of approximately RMB 35,256.2 million, a year-on-year decrease of about 8.9%, with a gross profit margin of 10.4%, down by 0.2 percentage points[85]. - The real estate development segment achieved main operating revenue of approximately RMB 10,758.2 million, a year-on-year decrease of about 2.1%[87]. Expenses and Costs - The gross profit margin for the main business was approximately 9.6%, down by about 1.3 percentage points from the same period in 2023[2]. - Research and development expenses for the period were approximately RMB 301.3 million, an increase from RMB 261.0 million in the same period of 2023[7]. - Total sales expenses for the six months ended June 30, 2024, were RMB 1,115,344,204.47, a decrease of 2.3% compared to RMB 1,140,672,621.36 for the same period in 2023[25]. - Management expenses increased to RMB 3,379,050,662.91 for the six months ended June 30, 2024, up 3.4% from RMB 3,267,483,302.50 in the prior year[26]. - Financial expenses totaled RMB 1,584,491,885.65, an increase of 22.3% compared to RMB 1,295,006,381.58 for the same period in 2023[28]. Assets and Liabilities - Total assets increased to RMB 270.46 billion as of June 30, 2024, compared to RMB 269.68 billion as of December 31, 2023, reflecting a growth of 0.29%[12]. - Total liabilities amounted to RMB 176.73 billion, up from RMB 175.31 billion, reflecting an increase of 0.81%[12]. - Current liabilities decreased to RMB 107.90 billion from RMB 117.60 billion, a reduction of 8.93%[11]. - Long-term borrowings increased to RMB 50.85 billion from RMB 37.74 billion, marking a rise of 34.66%[12]. - The company’s total liabilities increased by 47.0% year-on-year, primarily due to acquisitions[96]. Cash Flow and Equity - Cash and cash equivalents at the end of the reporting period were approximately RMB 15,487.8 million, down from RMB 17,332.1 million at the end of 2023[9]. - Total equity attributable to shareholders of the parent company at the end of the reporting period was approximately RMB 72,827.8 million, a decrease of about RMB 179.3 million from the beginning of the period[4]. - The company’s net current assets increased by 42.2% to RMB 33,377,744 from RMB 23,469,628 in the previous year[82]. - The group’s monetary funds were approximately RMB 15,487.8 million, a decrease of about RMB 1,844.3 million compared to the beginning of the reporting period[107]. Strategic Initiatives - The company aims to enhance its core competencies in green building materials and real estate, focusing on ecological and sustainable development strategies[97]. - The company plans to strengthen cost management and implement differentiated marketing strategies in the cement business to stabilize volume and increase prices[75]. - The company will enhance technological innovation and accelerate the industrialization of new products in the second half of 2024[75]. - The company aims to control national cement clinker capacity at around 1.8 billion tons by the end of 2025, with 30% of capacity meeting benchmark energy efficiency standards[104]. Market and Industry Context - The cement industry faced significant challenges in the first half of 2024, with a substantial decline in sales prices and volumes, leading to increased losses compared to the previous year[106]. - The company is focusing on product innovation and service optimization to create a differentiated competitive advantage in the cement market[106]. - The company has accelerated horizontal and vertical integration within its industry chain, enhancing its core competitiveness and resilience, with a focus on expanding its modern industrial system[98]. Corporate Governance - The company has adhered to the corporate governance code as per the listing rules, ensuring accountability and performance improvement[125]. - The board consists of four executive directors, two non-executive directors, and four independent non-executive directors, ensuring a strong independent element[126]. - The audit committee, comprising two non-executive directors and four independent non-executive directors, reviewed the group's unaudited interim consolidated financial statements for the six months ended June 30, 2024[127].

Financial Performance - The company reported operating revenue of approximately RMB 12,833.61 million for the first quarter of 2024, representing a decrease of 45.34% compared to the same period last year[4]. - The net loss attributable to shareholders of the parent company was approximately RMB 1,308.58 million, an increase of 294.57% year-on-year[4]. - The basic earnings per share for the quarter was RMB -0.12, reflecting a decrease of 294.57% compared to the previous year[4]. - Operating revenue decreased by 45.3% primarily due to a year-on-year decline in cement and real estate income[8]. - Net profit attributable to shareholders decreased by 294.57%[8]. - Basic earnings per share decreased by 294.57 yuan per share[8]. - The total profit decreased by 173.9% primarily due to a decline in revenue and gross profit[8]. - The net profit for Q1 2024 was a loss of CNY 2.08 billion, compared to a loss of CNY 843.15 million in Q1 2023[22]. - The company reported an operating profit loss of CNY 2.01 billion in Q1 2024, worsening from a loss of CNY 743.89 million in Q1 2023[22]. - The total comprehensive income for Q1 2024 was a loss of CNY 2.09 billion, compared to a loss of CNY 860.93 million in Q1 2023[23]. Cash Flow - The net cash flow from operating activities was approximately RMB -4,919.45 million, a decline of 450.90% year-on-year[4]. - Cash inflow from operating activities decreased to approximately 17.54 billion RMB, down from 28.06 billion RMB in the same period last year, resulting in a net cash outflow of approximately 4.92 billion RMB[26]. - Cash inflow from investment activities was approximately 461.97 million RMB, while cash outflow totaled approximately 1.70 billion RMB, leading to a net cash outflow of approximately 1.24 billion RMB[27]. - The total cash and cash equivalents at the end of the period amounted to approximately 15.18 billion RMB, an increase from 14.45 billion RMB at the end of the previous year[27]. - The cash inflow from operating activities was CNY 6,448,668,964.04, a decrease of 17.8% compared to CNY 7,846,078,199.59 in Q1 2023[28]. - The net cash flow from operating activities turned positive at CNY 2,228,557,000.86, compared to a negative cash flow of CNY -201,098,728.54 in the same period last year[28]. - Cash inflow from financing activities amounted to CNY 15,251,000,000.00, slightly up from CNY 15,141,000,000.00 in Q1 2023[29]. - The net cash flow from financing activities increased to CNY 2,418,133,661.17, compared to CNY 769,075,925.38 in the previous year[29]. - The total cash and cash equivalents at the end of Q1 2024 reached CNY 10,599,690,296.55, up from CNY 6,604,178,307.6 in Q1 2023[29]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 273,127.71 million, an increase of 1.28% from the end of the previous year[4]. - Current assets totaled CNY 144.29 billion, up from CNY 141.07 billion, indicating a growth of about 1.57%[15]. - Total liabilities were reported at CNY 144.29 billion, reflecting a slight increase from the previous period[16]. - Long-term borrowings increased by 35.1% compared to the beginning of the period[8]. - Total liabilities increased to ¥181.13 billion from ¥175.31 billion, a rise of approximately 4.6%[17]. - Current liabilities decreased to ¥109.07 billion from ¥117.60 billion, a decline of about 7.5%[17]. - Total equity decreased to ¥64.54 billion from ¥64.83 billion, a decline of about 0.4%[20]. - The total owner's equity (or shareholder equity) amounted to ¥92.00 billion, down from ¥94.36 billion, a decrease of approximately 2.5%[17]. Non-Recurring Items - Non-recurring gains and losses included a loss from the disposal of non-current assets amounting to RMB 44.44 million[5]. - The company received government subsidies amounting to RMB 82.71 million, which are closely related to its normal business operations[5]. - The company reported a total of RMB 89.36 million in other non-recurring gains and losses after tax adjustments[6]. - The company recognized VAT refunds amounting to RMB 10.07 million, in compliance with national policy regulations[7]. Investments and Expenses - Investment income increased by 4,956.8% due to the recognition of investment income from cooperative projects[8]. - Research and development expenses increased to CNY 133.09 million in Q1 2024, up 27.6% from CNY 104.34 million in Q1 2023[21]. - The company recorded investment income of CNY 314.53 million in Q1 2024, a significant increase from CNY 6.22 million in Q1 2023[21]. - The company’s financial expenses for Q1 2024 were CNY 780.83 million, an increase from CNY 695.24 million in Q1 2023[21]. Shareholder Information - The number of common shareholders at the end of the reporting period was 115,005[10].

Financial Performance - Revenue for 2023 reached RMB 107.96 billion, a 5.0% increase compared to RMB 102.82 billion in 2022[3] - Gross profit margin for core business decreased by 3.9 percentage points to 10.8% in 2023 from 14.7% in 2022[3] - Net profit attributable to parent company shareholders dropped by 97.9% to RMB 25.26 million in 2023 from RMB 1.21 billion in 2022[3] - Core net loss attributable to parent company shareholders (excluding post-tax fair value gains on investment properties) was RMB 777.65 million, a 203.2% decrease from a profit of RMB 753.35 million in 2022[3] - Basic earnings per share (excluding other equity instruments) decreased by 98.2% to RMB 0.002 in 2023 from RMB 0.11 in 2022[3] - Net loss margin was -1.19% in 2023, a decrease of 2.88 percentage points from 1.69% in 2022[3] - Total asset return rate decreased by 0.42 percentage points to 0.01% in 2023 from 0.43% in 2022[3] - Revenue for the reporting period reached approximately RMB 107,955.7 million, a year-on-year increase of about 5.0%[28] - Net profit attributable to shareholders of the parent company was approximately RMB 25.3 million, a year-on-year decrease of about 97.9%[28] - Basic earnings per share attributable to shareholders of the parent company (excluding other equity instrument indicators) was approximately RMB 0.002, compared to RMB 0.11 in the same period last year[28] - Revenue for 2023 reached RMB 107,955.7 million, with main business revenue at RMB 107,068.7 million, a year-on-year increase of 4.7%[43] - Net loss for 2023 was RMB 1,287.4 million, compared to a net profit of RMB 1,739.9 million in the previous year[43] - Revenue from the new green building materials segment reached approximately RMB 78,953.5 million, a year-on-year increase of 0.9%, while the gross profit decreased by 30.5% to RMB 6,978.1 million[44] - The gross profit margin for cement and clinker was 8.9%, a decrease of 11.1 percentage points year-on-year[44] - Concrete sales volume increased by 16.4% to approximately 13.87 million cubic meters, with a gross profit margin of 12.8%, up 4.8 percentage points year-on-year[44] - The company's main business revenue increased by 10.8% year-on-year to RMB 107,068.7 million, with a gross profit margin decrease of 3.9 percentage points[56] - The real estate development and operation segment saw a 16.7% increase in revenue to RMB 28,458.6 million, but a gross profit margin decrease of 5.1 percentage points[56] - The company's new green building materials segment generated revenue of RMB 78,953.5 million, with a gross profit margin decrease of 4.0 percentage points[56] Assets and Liabilities - Total assets decreased by 4.2% to RMB 269.68 billion in 2023 from RMB 281.56 billion in 2022[3] - Equity attributable to parent company shareholders increased by 14.7% to RMB 73.01 billion in 2023 from RMB 63.63 billion in 2022[3] - Debt-to-asset ratio decreased by 1.3 percentage points to 65.0% in 2023 from 66.3% in 2022[3] - Total assets of the company as of December 31, 2023, were approximately RMB 269,679.1 million, a decrease of 4.2% compared to the beginning of the reporting period[78] - Total liabilities as of December 31, 2023, were approximately RMB 175,314.8 million, with a debt-to-asset ratio of 65.0%, a decrease of 1.3 percentage points from the beginning of the reporting period[78] - Net current assets as of December 31, 2023, were approximately RMB 23,469.6 million, a decrease of RMB 14,510.1 million compared to the beginning of the reporting period[78] - Cash and cash equivalents as of December 31, 2023, were approximately RMB 17,332.1 million, an increase of RMB 1,335.7 million compared to the beginning of the reporting period[78] - Interest-bearing bank loans as of December 31, 2023, were approximately RMB 75,581.8 million, with RMB 37,839.9 million due within one year and RMB 37,741.8 million due after one year[78] - Transactional financial assets decreased by 50.72% to RMB 550.4 million, mainly due to the recovery of financial investment funds during the reporting period[60][61] - Accounts receivable increased by 45.21% to RMB 613.18 million, primarily due to an increase in letter of credit settlement business[60][61] - Non-current assets due within one year surged by 158.05% to RMB 696.33 million, driven by an increase in the portion of financing lease payments due within one year[60][61] - Long-term receivables decreased by 40.03% to RMB 1.71 billion, mainly due to the recovery of proportional loans provided for real estate projects[60][61] - Other non-current financial assets increased by 39.82% to RMB 369.09 million, primarily due to increased external investment in funds[60][61] - Other equity instruments increased by 66.49% to RMB 27.47 billion, primarily due to the issuance of perpetual bonds during the reporting period[60][62] - Contract liabilities decreased by 19.33% to RMB 24.49 billion, reflecting a reduction in advance payments received[60] Business Operations - The company has developed approximately 170 real estate projects with a total construction scale of over 30 million square meters[11] - The company holds investment properties including high-end office buildings, commercial spaces, and industrial parks, totaling approximately 2,516,000 square meters, with 846,000 square meters located in Beijing's core areas[11] - The company's property management area reaches 18.37 million square meters, maintaining leading levels in professional capabilities, brand recognition, occupancy rates, and revenue in Beijing and nationwide[11] - The company's cement business increased its market share despite challenges, with a resource expansion of 691 million tons and an additional aggregate production capacity of 10 million tons[29] - The concrete business achieved a turnaround from loss to profit, with the issuance of the first concrete accounts receivable asset-backed securities product on the Shanghai Stock Exchange, raising RMB 550 million[29] - The company strategically invested in and acquired a 10% stake in Juran Home New Retail Group Co., Ltd., leveraging mutual advantages for integrated development[29] - The real estate development business added approximately 162,000 square meters of land reserves in core areas of Suzhou and Shanghai[29] - The company increased its R&D investment intensity by 14% in 2023, obtained 623 patent authorizations, and was recognized as a national-level industrial design center[30] - Seven companies were awarded the title of national-level green factory, and two were recognized as national-level green supply chain management enterprises[30] - The company expects the 1 trillion yuan special national bond issued in Q4 2023 to support cement and building materials demand in 2024, along with accelerated implementation of urban village renovation, affordable housing, and public facility projects[31] - The real estate market is expected to stabilize and form a new equilibrium in 2024, with potential demand in home decoration, renovation, and smart home sectors[31] - The company plans to focus on core regional markets like Beijing-Tianjin-Hebei for its cement business, aiming to enhance economic benefits and promote green and low-carbon transformation[32] - The real estate development business will actively participate in affordable housing construction and urban renewal, improving product quality and operational efficiency[32] - Cement and clinker sales volume reached 93.24 million tons, a 7.3% increase year-on-year[42] - Ready-mixed concrete sales volume was 13.87 million cubic meters, up 16.4% year-on-year[42] - Total contracted area for real estate development reached 1,133.6 thousand square meters, a 23.7% increase year-on-year[42] - Total investment property area reached 2,516.5 thousand square meters, an 8.3% increase year-on-year[42] - The company's cement production capacity is approximately 180 million tons, with clinker capacity at 110 million tons[39] - Ready-mixed concrete production capacity is 54 million cubic meters, and aggregate production capacity is 72 million tons[39] - The company's total real estate development projects cover over 30 million square meters across 17 cities[40] - The company holds 251.6 thousand square meters of high-end office buildings, commercial properties, and industrial parks, with 84.6 thousand square meters in Beijing's core areas[40] - The company acquired 3 state-owned construction land use rights in 2023, with a total investment of RMB 4,457.47 million[46][47] - The total land reserve area of the company is 6,268.7 thousand square meters, with 100% ownership in most projects[48] - Key projects such as Hangzhou Jingqiao and Fengqi Home achieved a delivery rate of over 98%[46] - The company's land reserves include significant projects in Chongqing, Tangshan, Qingdao, and Tianjin, with ownership ranging from 35.01% to 100%[48] - The company's land acquisition strategy focuses on key regions such as Suzhou, Tangshan, and Shanghai, with investments totaling RMB 4,457.47 million[47] - The company's land reserves are diversified across multiple cities, including Beijing, Tianjin, Chongqing, and Nanjing, with varying ownership stakes[48] - The company achieved a real estate development and operation revenue of approximately RMB 28,458.5 million, a year-on-year increase of 10.1%[51] - The real estate development and operation segment's gross profit was approximately RMB 4,754.1 million, a year-on-year decrease of 15.5%[51] - The company's total land reserve area reached 5,860,200 square meters by the end of the reporting period[51] - The company's high-end office buildings, commercial properties, and industrial parks had a total area of approximately 2,516,000 square meters, with an average occupancy rate of 82% and an average rental price of RMB 5.9 per square meter per day[51] - In Beijing's core areas, the company held high-end investment properties with a total area of 846,000 square meters, achieving an average occupancy rate of 86% and an average rental price of RMB 9.2 per square meter per day[51] - The company's contracted sales area for the year was 1,133,600 square meters, a year-on-year increase of 23.72%, with commercial housing accounting for 963,600 square meters, a year-on-year increase of 5.48%[51] - The company's contracted sales for policy housing reached RMB 2,929.0 million, a year-on-year increase of 1,262%[51] - The company's land reserve in Beijing's Haidian Yongfeng area is 27,500 square meters, with a 34.18% equity stake[50] - The company's land reserve in Qingdao's Hefu area is 54,500 square meters, with a 100% equity stake[50] - The company's land reserve in Ningbo's Eastern New Town project is 51,400 square meters, with a 100% equity stake[50] - The company's investment properties generated a fair value change gain of approximately RMB 1,070.6 million, an increase of RMB 458.1 million year-on-year, accounting for 517.8% of pre-tax profit[58] - The total rental income from investment properties was RMB 43,671.3 million, with an average occupancy rate of 82%[53] - The company has a vertically integrated industrial chain advantage, accelerating horizontal integration of similar businesses and vertical integration of upstream and downstream industries, promoting external expansion through market resource integration[65] - In 2023, the company applied for nearly 800 patents, including over 170 invention patents, laying a solid foundation for the development of strategic emerging industries and innovative businesses[66] - The company invested approximately 220 million yuan in 2023 to implement large-scale energy-saving technical transformation projects, accelerating the implementation of its dual-carbon plan[67] - The company's main credit rating remains AAA, with smooth financing channels supporting the development of its main business and optimizing its capital structure[68] - The "Jinyu" brand ranked 64th in the 2023 "China's 500 Most Valuable Brands" list, with a brand value of 113.556 billion yuan[69] - The company's C-end strategy has shown initial results, with Jinyu Tiantuan's home renovation business achieving new contract amounts exceeding 1 billion yuan in 2023, ranking among the top three in Beijing[71] - The company is actively exploring the construction of zero-carbon computing centers through the establishment of an intelligent computing laboratory[71] - The company is focusing on the application of hydrogen energy in industrial decarbonization and accelerating research and development in this area[71] - The company is strategically investing in Easyhome New Retail Group to strengthen synergies in civilian business, logistics, and digitalization, promoting cost reduction and efficiency improvement[71] - The company is committed to green and low-carbon development, optimizing its energy structure, and actively laying out new energy projects[71] - The company plans to focus on expanding the market and reducing costs in the building materials sector, particularly in core regions like Beijing-Tianjin-Hebei, to create a value highland[73] - The company aims to develop new materials industries and build a modern industrial system with JinYu characteristics, emphasizing green and low-carbon development[73] - The company will strengthen risk control in trade business and enhance the identification and prevention of non-performing businesses[74] - The company plans to actively participate in the construction of affordable housing and urban renewal, transforming its real estate business model[77] - The company will optimize its industrial layout, expand advanced production capacity, and improve operational efficiency to enhance profitability in the cement sector[77] - The company acquired 628,728,827 shares (approximately 10.00% of the total issued share capital) of Easyhome New Retail Group Co., Ltd. for RMB 2,231.99 million (approximately HKD 2,429.61 million), with a transfer price of RMB 3.55 per share[80] - As of December 31, 2023, the company had mortgaged inventory, fixed assets, investment properties, land use rights, and equity totaling RMB 27,517.9 million (10.2% of total assets), compared to RMB 39,070.7 million (13.9% of total assets) as of December 31, 2022[82] - The company provided guarantees for third-party housing mortgage loans amounting to RMB 7,998,233,302.70 as of December 31, 2023, an increase from RMB 6,289,946,154.12 as of December 31, 2022[83] - The company's capital commitments as of December 31, 2023, were RMB 917,589,823.48, up from RMB 699,644,218.25 as of December 31, 2022[85] - Real estate development contracts as of December 31, 2023, amounted to RMB 5,771,393,707.41, a decrease from RMB 7,100,337,988.90 as of December 31, 2022[85] - The company holds a 43.38% direct stake in Beijing Building Materials Inspection Institute Co., Ltd. (Beijing Inspection), with additional indirect stakes of 26.52% and 1.18% through two other subsidiaries, and a further 28.92% stake through its wholly-owned subsidiary, totaling a significant control over Beijing Inspection[87] - Beijing Inspection's shares began trading on the New Third Board on January 11, 2023, following approval from the National Equities Exchange and Quotations[87] - The company plans to issue and list public REITs units on the Shanghai Stock Exchange, with the company retaining a 35% stake post-listing, aiming to enhance capital market influence and broaden financing channels[88] - The company's main businesses include cement and new building materials production and sales, real estate development, property investment, and property management services[96] - The company's property, plant, and equipment, as well as investment properties, are detailed in the financial statements, with further information on major investment properties provided on page 38[98] - The company issued various bonds and notes in 2023, including short-term commercial papers and medium-term notes, with issuance amounts ranging from RMB 1.5 billion to RMB 3 billion[100] - The company's total interest capitalized during the reporting period amounted to approximately RMB 1,540,777,371.18[99] - The company's five-year financial summary, including published results and a summary of assets, liabilities, and minority interests, is provided on page 392 of the annual report[99] - Issued a 260-day ultra-short-term financing bond (23 Jinyu SCP001) with a size of RMB 3 billion and a coupon rate of 2.38%[101] - Issued a 2+N-year medium-term note (23 Jinyu MTN001) with a size of RMB 2 billion and a coupon rate of 3.40%[101] - Issued a 245-day ultra-short-term financing bond (23 Jinyu SCP002) with a size of RMB 2 billion and a coupon rate of 2.35%[101] - Issued a 247-day ultra-short-term financing bond (23 Jinyu SCP003) with a size of RMB 2 billion and a coupon rate of 2.43%[101] - Issued a perpetual corporate bond (Jinyu KY02) with a size of RMB 2 billion and a coupon rate of 3.45%[102] - Issued a perpetual corporate bond (Jinyu KY03) with a size of RMB 2 billion and a coupon rate of 3.36%[102

Financial Performance - Revenue for the year ended December 31, 2023, was RMB 107,955.7 million, an increase of approximately 5.0% compared to 2022[2]. - Net loss was approximately RMB 1,287.4 million, compared to a net profit of RMB 1,739.9 million in 2022[2]. - Net profit attributable to shareholders of the parent company was approximately RMB 25.3 million, a decrease of about 97.9% from the previous year[2]. - The company reported a total comprehensive loss of approximately RMB 1,387.8 million for the year, compared to a total comprehensive income of RMB 1,599.7 million in 2022[7]. - The company achieved a total operating revenue of approximately RMB 107,955.7 million, representing a year-on-year increase of about 5.0%[70]. - The total profit amounted to approximately RMB 300.4 million, a year-on-year decrease of about 91.0%[82]. Earnings and Dividends - Basic loss per share attributable to shareholders of the parent company (excluding other equity instruments) was approximately RMB 0.08, compared to a basic earnings per share of RMB 0.03 in 2022[4]. - The board proposed a final dividend of RMB 0.025 per share (pre-tax) for the year ended December 31, 2023, compared to RMB 0.067 per share in 2022[5]. - Basic earnings per share for continuing operations decreased to RMB 0.002 in 2023 from RMB 0.11 in 2022, reflecting a decline of approximately 98.2%[39]. Assets and Liabilities - Total equity attributable to shareholders of the parent company at the end of the reporting period was approximately RMB 73,007.0 million, an increase of about RMB 9,377.1 million from the beginning of the period[4]. - Total current assets decreased from CNY 156.82 billion to CNY 141.07 billion, a decline of approximately 10% year-over-year[9]. - Total liabilities decreased from CNY 186.66 billion to CNY 175.31 billion, a decline of about 6.5%[12]. - The total assets decreased from CNY 281.56 billion to CNY 269.68 billion, a decline of about 4.2%[10]. - The group’s total liabilities amounted to approximately RMB 175,314.8 million, with a debt-to-asset ratio of approximately 65.0%, a decrease of about 1.3 percentage points from the beginning of the reporting period[109]. Research and Development - Research and development expenses for the year were RMB 530.2 million, an increase from RMB 410.1 million in 2022[6]. - Research and development investment intensity rose by 14% in 2023, resulting in 9 provincial-level technology awards and 623 patent authorizations[72]. - The company applied for nearly 800 patents in 2023, including over 170 invention patents, to support the development of strategic emerging industries and innovative businesses[99]. Inventory and Receivables - Inventory decreased significantly from CNY 111.18 billion to CNY 95.81 billion, a reduction of approximately 14%[9]. - Accounts receivable increased from CNY 7.62 billion to CNY 8.19 billion, representing an increase of about 7.3%[9]. - The total inventory balance as of December 31, 2023, was RMB 98,507,922,585.16, with a provision for impairment of RMB 2,697,859,797.06, leading to a net inventory value of RMB 95,810,062,788.10[48]. - The company's total receivables increased to RMB 613,180,024.79 in 2023 from RMB 422,263,122.28 in 2022, representing an increase of about 45.2%[42]. Borrowings and Financial Management - Short-term borrowings increased from CNY 25.48 billion to CNY 29.53 billion, an increase of approximately 7.9%[12]. - Long-term borrowings rose from CNY 32.64 billion to CNY 37.74 billion, an increase of about 15.5%[12]. - The company reported a significant increase in other equity instruments from CNY 16.50 billion to CNY 27.47 billion, an increase of approximately 66.5%[13]. - The company maintained a stable financial position with no overdue notes payable or accounts payable as of the end of 2023[53][55]. Market and Operational Strategy - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[14]. - The company aims to enhance operational efficiency through refined management and by actively participating in affordable housing construction and urban renewal projects[74]. - The outlook for 2024 includes potential support for cement demand from government infrastructure projects and a gradual stabilization of the real estate market[73]. Corporate Governance - The company has established a robust corporate governance framework, adhering to the principles of the Corporate Governance Code and ensuring compliance with all relevant regulations[128]. - The board consists of four executive directors, two non-executive directors, and four independent non-executive directors, meeting the minimum gender diversity requirement[129]. - The company will continue to review and enhance its internal controls and risk management procedures to align with the latest developments in corporate governance[128]. Employee and Training - As of December 31, 2023, the group had a total of 44,885 employees, a decrease from 45,991 employees as of December 31, 2022, representing a reduction of approximately 2.4%[119]. - The total employee compensation for the reporting period was approximately RMB 7,075.3 million, down from RMB 7,267.4 million for the year ended December 31, 2022, reflecting a decrease of about 2.6%[119]. - In 2023, the group conducted 4,371 training programs with a total participation of 210,000 person-times, achieving a training coverage rate of 100%[120].

证券代码：601992 证券简称：金隅集团 编号：临 2023－050 北京金隅集团股份有限公司 关于获得房地产项目的公告 本公司董事会及全体董事保证本公告内容不存在虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 北京金隅集团股份有限公司全资子公司北京金隅地产开发集团有限 公司（以下简称"金隅地产"）于近日取得《沪上海市普陀区规划和自 然资源局挂字202312601号成交确认书》，通过公开挂牌竞买的方式竞 得普陀区桃浦科技智慧城(W06-1401单元)061-02、065-01地块的国有建 设用地使用权，总土地面积为18,411.4平方米，地上计容建筑面积 46,028.5平方米，成交总价为227,700万元。土地用途为住宅用地。目 前，金隅地产拥有该项目100%权益。 北京金隅集团股份有限公司关于获得房地产项目的公告 特此公告。 北京金隅集团股份有限公司 二〇二三年十二月八日 1 ...

证券代码：601992 证券简称：金隅集团 编号：临 2023－049 北京金隅集团股份有限公司 关于获得房地产项目的公告 本公司董事会及全体董事保证本公告内容不存在虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 北京金隅集团股份有限公司全资子公司北京金隅地产开发集团有限 公司（以下简称"金隅地产"）于近日取得《苏州工业园区国有建设用 地使用权网上挂牌出让成交确认书》，通过公开挂牌竞买的方式竞得苏 园土挂（2023）04号地块的国有建设用地使用权，总土地面积为 49,479.43平方米，地上计容建筑面积74,219.15平方米，成交总价为 289,658万元。土地用途为二类居住用地。目前，金隅地产拥有该项目 100%权益。 特此公告。 北京金隅集团股份有限公司 北京金隅集团股份有限公司关于获得房地产项目的公告 二〇二三年十二月六日 1 ...

北京金隅集团股份有限公司关于获得房地产项目的公告 证券代码：601992 证券简称：金隅集团 编号：临 2023－048 北京金隅集团股份有限公司 关于获得房地产项目的公告 本公司董事会及全体董事保证本公告内容不存在虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 北京金隅集团股份有限公司（以下简称"公司"）所属子公司冀东 发展集团有限责任公司全资子公司唐山盾石房地产开发有限公司（以下 简称"盾石地产"）于近日取得《唐山市公共资源交易中心国有建设用 地使用权拍卖成交确认书》，通过拍卖方式以底价竞得唐审出告字 [2023] 第012号地块国有建设用地使用权，总土地面积为35,687.21平方 米，地上计容建筑面积71,374.42平方米，成交总价为44,252.14万元，规 划用途为二类居住用地。该地块原为公司所属子公司自有闲置土地资 源。目前，盾石地产拥有该项目100%权益。 特此公告。 北京金隅集团股份有限公司 二〇二三年十二月二日 1 ...

重要内容提示： 证券代码：601992 证券简称：金隅集团 公告编号：2023-047 北京金隅集团股份有限公司 2023 年第二次临时股东大会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 14 | | --- | --- | | 其中：A 股股东人数 | 13 | | 境外上市外资股股东人数（H 股） | 1 | | 2、出席会议的股东所持有表决权的股份总数（股） | 5,123,101,690 | | 其中：A 股股东持有股份总数 | 4,842,812,926 | | 境外上市外资股股东持有股份总数（H 股） | 280,288,764 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 47.979130 | (一) 股东大会召开的时间：2023 年 11 月 22 日 (二) 股东大会召开的地点：中国北京市东城区北三环东路 36 号环球贸易中心 D 座 22 层第六会议室 (三) 出席会议的普通股股 ...