Financial Performance - The company reported a revenue of approximately RMB 22,338,716,000 for the year ending December 31, 2024, a decrease of about 15.6% compared to the previous year[28]. - The profit attributable to the company's owners was approximately RMB 409,907,000, representing a significant decline of about 53.9% year-over-year[28]. - Earnings per share (EPS) decreased to RMB 0.79, down approximately 53.3% from the previous year[28]. - Operating profit was approximately RMB 960.70 million, down 35.0% from RMB 1.48 billion in the previous year[44]. - Excluding the one-time compensation, operating profit and net profit attributable to owners decreased by 15.9% and 35.6%, respectively, primarily due to reduced revenue from property development and lower gross margins on recognized projects[44]. - The company reported a net profit attributable to owners of approximately RMB 409,907,000, a significant decrease of about 53.9% compared to the previous year[71]. - The company’s distributable reserves as of December 31, 2024, amount to RMB 1,300,880,000, an increase from RMB 1,151,372,000 in 2023, representing a growth of approximately 12.9%[167]. Assets and Liabilities - Total assets as of December 31, 2024, were RMB 45,202,576,000, while total liabilities were RMB 31,655,053,000[17]. - The debt ratio improved to approximately 2.3 as of December 31, 2024, down from 2.7 in 2023[70]. Cash Flow and Financial Health - The net cash ratio decreased to 49.1% in 2024 from 58.7% in 2023[18]. - Operating cash flow showed a net outflow of RMB 24,485,000 compared to a net inflow of RMB 1,431,117,000 in the previous year[18]. - Investment cash outflow increased to RMB (533,165,000) from RMB (221,879,000), reflecting higher deposits in fixed-term accounts[72]. - Financing cash outflow was RMB (870,425,000), a significant increase from last year's inflow of RMB 465,917,000, primarily due to increased loan repayments[72]. Revenue Segmentation - The construction segment generated revenue of RMB 14,135.01 million, down 12% from RMB 16,014.86 million in the previous year, with operating profit of RMB 524.09 million, a decline of 15%[49]. - The real estate development segment reported revenue of RMB 5,269.45 million, a significant drop of 28% from RMB 7,285.89 million, with operating profit falling 49% to RMB 435.79 million[51]. - The company reported a revenue of approximately RMB 2,542,462,000 from its construction materials business, a decrease of about 10% compared to the previous year, with an operating loss of approximately RMB 27,321,000, a significant decline of about 479%[61]. Dividend and Shareholder Returns - The company proposed a final dividend of RMB 0.12 per share for the year ending December 31, 2024[28]. - The company declared a dividend of RMB 0.12 per share for 2024, amounting to a total of RMB 62,475,366, which represents 15.2% of the annual profit of RMB 409,907,000[194]. Corporate Governance - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange rules and has complied with all provisions except for the separation of the roles of Chairman and CEO, which is currently not adhered to[85]. - The board of directors consists of 11 members, including 1 non-executive director, 6 executive directors, and 4 independent non-executive directors, ensuring a balanced composition for effective decision-making[92]. - The company has established an ESG committee to enhance systematic management of ESG initiatives and assess related risks and opportunities[92]. - The board has established a risk management and internal control system to assess and manage risks associated with achieving strategic objectives[104]. Market and Strategic Focus - The company is focusing on land reserve enhancement plans in first-tier cities to ensure sustainable and stable development[28]. - The company aims to leverage sufficient cash flow as a foundation for business expansion amid ongoing industry adjustments[28]. - The company emphasized the importance of high-quality, low-energy housing in response to changing market demands and urbanization trends[30]. - The company aims to enhance housing quality by integrating technology and craftsmanship in its projects, focusing on the development of "good houses"[65]. Community and Social Responsibility - The group made charitable donations totaling RMB 11,594,000 in the current year, compared to RMB 5,281,000 in 2023, reflecting a significant increase[177]. - The company’s total charitable donations increased by 119% year-over-year from 2023 to 2024[177]. Leadership and Management - The company’s founder, Mr. Pang Baogen, has extensive experience in the construction industry and has led various national-level projects[150]. - The company has a strong leadership team with extensive experience in engineering and management, including several high-ranking engineers and industry leaders[151][152][153][154][155][156]. - The leadership team has a proven track record in financial management and corporate governance, with members holding significant positions in other publicly listed companies[155][156]. Shareholder Engagement - The company emphasizes timely and accurate information disclosure to build market confidence, maintaining effective communication with investors through various channels[142]. - The company has a dedicated investor relations department to enhance communication with shareholders, investors, analysts, and financial media[142]. - The company has adopted multiple mechanisms to encourage shareholder participation in meetings, including allowing proxy voting for those unable to attend[142].

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。 – 1 – 合併利潤表 | | | | | | | | | | | | | | | 截 | | | 至12月31日止年度 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | | | | 註 | | | | 附 | 2024年 | | | | 2023年 | | | | | | | | | | | | | | | | | | | | 人民幣千元 | | 人民幣千元 | | | | | | 營業額 | | | | | | | | | | 4 | | | | | | 22 ...

Financial Performance - Revenue for the first half of 2024 was RMB 12,770,676, a decrease of 10.8% compared to RMB 14,324,646 in the same period of 2023[5] - Profit attributable to owners of the company was RMB 373,845, down 47.9% from RMB 704,675 in the first half of 2023[5] - Earnings per share decreased to RMB 0.72 from RMB 1.34 in the same period last year[5] - Operating profit for the same period was approximately RMB 624.43 million, a significant decline of about 44% year-on-year[12] - The company reported a net loss from financial assets and contract assets impairment of RMB 84,511 thousand, an improvement from RMB 96,581 thousand in the previous year[79] - Total comprehensive income for the period was RMB 320,313 thousand, significantly lower than RMB 927,531 thousand in the same period last year[80] - The total income tax expense for the six months ended June 30, 2024, was RMB 248,146,000, a decrease of 48% from RMB 473,086,000 in the same period of 2023[22] Assets and Liabilities - Total assets as of June 30, 2024, were RMB 46,649,084, a decrease from RMB 47,534,995 as of June 30, 2023[5] - Total liabilities decreased to RMB 33,315,550 from RMB 34,786,753 in the previous year[5] - The company's equity totaled RMB 13,333,534 thousand as of June 30, 2024, compared to RMB 13,003,929 thousand at the end of 2023[78] - The company reported cash and cash equivalents of RMB 8,899,761 thousand, down from RMB 9,432,353 thousand[78] - The company’s total liabilities as of June 30, 2024, were RMB 6,823,213 thousand, reflecting a slight decrease from RMB 6,828,635 thousand as of December 31, 2023[116] Cash Flow - Operating cash flow showed a net outflow of RMB 144,049 compared to an inflow of RMB 164,744 in the first half of 2023[6] - Cash outflow from investing activities totaled RMB (275,767) thousand, compared to RMB (24,922) thousand in the prior year, highlighting increased investment expenditures[83] - Financing activities resulted in a net cash outflow of RMB (114,092) thousand, contrasting with a net inflow of RMB 315,383 thousand in the same period last year, indicating a shift in financing strategy[83] Business Segments - The construction segment achieved revenue of approximately RMB 8,596.30 million, an increase of about 4% year-on-year, while operating profit decreased by approximately 33%[15] - The real estate development segment reported revenue of approximately RMB 3,002.24 million, a significant decline of about 38% year-on-year, with operating profit down approximately 57%[17] - The construction materials business achieved revenue of approximately RMB 1,001,350,000 for the six months ended June 30, 2024, a decrease of about 10% compared to the same period last year[26] Market Environment - The company anticipates facing a more challenging market environment in the future due to increased competition and macroeconomic adjustments[16] - The real estate sector is facing significant downward pressure, with ongoing government support policies aimed at stabilizing the market and promoting inventory reduction[29] Corporate Governance - The board of directors consists of 11 members, including 6 executive directors and 4 independent non-executive directors, ensuring a diverse composition for effective governance[48] - The company has maintained compliance with corporate governance codes and regulations since its listing, aiming to enhance corporate value and ensure sustainable development[50] - The audit committee, composed of 3 independent non-executive directors, held 2 meetings to discuss accounting policies and internal audit work[52] Shareholder Information - The board of directors resolved not to declare an interim dividend for the six months ended June 30, 2024, consistent with the previous year[44] - Major shareholders include Wu Xueqin and Zhu Yicai, each holding 29,304,000 H shares, representing approximately 17.24% of the issued H shares and 5.63% of the total registered capital[60] Employee Information - Employee benefits expenses for the six months ended June 30, 2024, amounted to approximately RMB 2,363,570,000, an increase from RMB 2,251,063,000 in the same period of 2023[67] - The company employed 6,236 employees as of June 30, 2024, a decrease from 6,445 employees a year earlier[67] Risk Management - The company has not made any significant changes to its risk management policies since the end of last year, maintaining a consistent approach to financial risk management[89] - The company anticipates challenges in the construction industry due to high external risks and pressure on domestic economic growth, emphasizing a focus on quality and steady growth[28]

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 就 因 本 公 告 全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 （股 票 代 碼：2355） 截 至2024年6月30日止六個月之中期業績公告 寶業集團股份有限公司（「本公司」）董 事（「董 事」）會（「董事會」）欣然宣佈本公司 及其附屬公司（合 稱「本集團」）截 至2024年6月30日止六個月（「期 內」）未經審核中 期 業 績，並 呈 列2023年 同 期 的 比 較 數 字。有 關 中 期 業 績 己 經 本 公 司 審 核 委 員 會 審 閱 並 獲 董 事 會 批 准。以 下 財 務 資 料 是 節 錄 自 本 集 團2024年中期報告所載列的 未 經 審 核 中 期 財 務 資 料。 * 僅供識別 – 1 – 中期簡明合併利潤表 | --- | --- | --- | --- | |----------------------------------------------------------- ...

Financial Performance - The construction materials business achieved a revenue of approximately RMB 2,839,348,000, representing a year-on-year growth of about 22%[8]. - The operating profit significantly decreased to approximately RMB 7,212,000, down about 95% compared to the previous year[8]. - The company reported a net profit attributable to shareholders of approximately RMB 889,256,000, an increase of about 26.2% year-on-year[17]. - The return on equity for shareholders increased by approximately 14% compared to the previous year[17]. - The group achieved a revenue of approximately RMB 26,479,305,000 for the year ending December 31, 2023, representing an increase of about 8.4% compared to RMB 24,425,350,000 in 2022[32]. - Operating profit reached approximately RMB 1,478,759,000, a significant increase of about 37.0% from RMB 1,079,165,000 in the previous year[32]. - Profit attributable to owners of the company was approximately RMB 889,256,000, up by about 26.2% from RMB 704,777,000 in 2022, with earnings per share increasing to RMB 1.69 from RMB 1.30, a rise of about 30.0%[32]. - The company's revenue for 2023 was RMB 24,799 million, a decrease of 1.9% compared to RMB 25,275 million in 2022[48]. - Earnings per share for 2023 was RMB 1.52, reflecting an increase of 7.8% from RMB 1.41 in 2022[49]. Cash Flow and Financial Position - The net cash ratio stood at 58.7%, indicating a strong cash position[17]. - The financing activities generated a net cash inflow of approximately RMB 465,917,000, a significant increase compared to a net cash outflow of RMB 1,802,707,000 in the previous year[18]. - The company reported a net cash inflow from operating activities of RMB 1,431,117,000 for the year ending December 31, 2023, compared to RMB 1,303,545,000 in 2022, reflecting a growth in operational efficiency[164]. - The total cash and cash equivalents increased by RMB 1,675,155,000 in 2023, a significant recovery from a decrease of RMB 88,581,000 in the previous year[164]. - The net cash position increased to RMB 7,391,848,000, up from RMB 6,422,599,000 in the previous year, representing a growth of about 15.1%[189]. - Operating cash inflow reached RMB 1,431,117,000, a significant increase from RMB 1,303,545,000 in 2022, representing a growth of approximately 9.8%[119]. Construction and Project Development - The company is currently in the construction phase for several projects, including the Baoye Peacock City in Wuhan, which has seen over half of its sales completed[5]. - New orders for the construction business totaled RMB 16.64 billion in 2023, a decline of about 20.4% from RMB 20.91 billion in 2022, reflecting a cautious approach to project risk assessment[40]. - The construction business generated revenue of approximately RMB 16,014,859,000, a decrease of about 7% year-on-year, while operating profit surged by approximately 92% due to a one-time compensation of RMB 337,020,000 from government land acquisition[40]. - The company has ongoing projects with a total development area of 1,500,000 square meters, with a 100% ownership in several key projects[153]. - The company plans to expand its market presence with new projects in cities like Hangzhou and Wuhan, focusing on residential and commercial buildings[153]. Risk Management and Governance - The group established a risk management and internal control system led by the board, including an audit committee and internal audit functions, to ensure effective oversight[30]. - The company has successfully completed the independent evaluation of its risk management and internal control systems, confirming their effectiveness as of December 31, 2023[53]. - The company emphasizes that "healthy growth is more important than performance," focusing on financial safety during market contractions[82]. - The board consists of 11 members, including 1 non-executive director and 6 executive directors, ensuring a balanced composition for effective leadership and independent decision-making[170]. - The company has adhered to the corporate governance code since its listing, with a commitment to high efficiency, transparency, and sustainable development[169]. Market Strategy and Future Outlook - The group is focusing on expanding government investment projects amid challenges in the real estate market and overall economic growth[40]. - Future strategies include optimizing policies to enhance consumer confidence in the real estate market, particularly in first and second-tier cities[82]. - The company is exploring new business opportunities in emerging sectors such as healthcare, elderly care, urban renewal, and transportation[184]. - The company plans to continue its focus on quality and technology in real estate, shifting from rapid growth to a more sustainable development model[161]. - The company is committed to enhancing its ESG initiatives, aiming for sustainable development in its construction practices[151]. Awards and Recognition - The group received 60 awards for its projects during the year, maintaining a leading position in the construction industry in Zhejiang Province[41]. - The company has received multiple awards for its construction projects, including the Luban Award for the Shaoxing Public Security Bureau project[42].

Revenue and Profitability - For the year ending December 31, 2023, the construction business achieved a revenue of approximately RMB 16,014,859,000, a decrease of about 7% compared to the previous year[14]. - The real estate development segment generated revenue of RMB 7,285,893,000, representing a substantial increase of 63% compared to RMB 4,469,934,000 in 2022[12]. - The total revenue for the group reached RMB 26,479,305,000, an increase of 8% from RMB 24,425,350,000 in the previous year[12]. - The group reported a total of RMB 1,478,759,000 in operating profit for the year, a 37% increase from RMB 1,079,165,000 in 2022[12]. - The gross profit for the year was RMB 2,203,933,000, up from RMB 1,799,828,000 in the previous year, indicating a growth of about 22.4%[49]. - The net profit for the year reached RMB 894,380,000, compared to RMB 721,405,000 in 2022, representing an increase of approximately 24%[50]. - The company’s operating profit was RMB 1,478,759,000, significantly higher than the previous year's operating profit of RMB 1,079,165,000[49]. - The company reported a net profit attributable to shareholders of approximately RMB 889,256,000, representing a year-on-year growth of about 26.2%[26]. Financial Position - As of December 31, 2023, accounts payable amounted to RMB 10,761,627,000, an increase from RMB 9,732,569,000 in 2022[6]. - The net cash ratio stood at 58.7% as of December 31, 2023, indicating a strong cash position[26]. - The net cash inflow from operating activities was RMB 1,431,117,000, an increase from RMB 1,303,545,000 in the previous year[27]. - The company’s total liabilities decreased to RMB 7,128,853,000 in 2023 from RMB 7,317,784,000 in 2022, a reduction of about 2.6%[122]. - Total assets as of December 31, 2023, amounted to RMB 48,514,157 thousand, a decrease from RMB 48,820,484 thousand in 2022, representing a decline of approximately 0.63%[52]. - Total equity increased to RMB 13,003,929 thousand in December 2023, up from RMB 11,854,595 thousand in December 2022, representing a growth of 9.7%[72]. - The company reported total liabilities of RMB 5,560,800,000 for 2023, compared to RMB 5,332,120,000 in 2022[158]. Operational Management - The group maintains a cautious approach towards new land reserves, focusing on stable operations and innovative management strategies in the evolving real estate market[19]. - The group emphasizes the importance of financial stability and operational management in the current challenging market environment[11]. - The company has a diverse customer base, which mitigates credit risk associated with trade receivables[2]. - The company is focusing on industrialized construction as a key strategy for future development[156]. - The group has established a centralized financial settlement center to manage and allocate funds effectively, aiming to reduce financial costs and risks[188]. Market and Project Development - The company plans to explore new opportunities in emerging sectors such as healthcare, elderly care, urban renewal, and transportation[21]. - The company has ongoing projects with a total development area of approximately 1,500,000 square meters across various locations, indicating a strong pipeline for future revenue[143]. - The company is actively expanding its market presence through new project acquisitions and ongoing sales efforts[155]. - Major projects undertaken in 2023 include the Zhejiang Modern Textile Technology Innovation Center and the Tianjin Beichen District Heating Infrastructure EPC Project[170]. - The company acquired the Fengyue project in Hangzhou for a total price of RMB 334,760,000, with a total construction area of approximately 49,497 square meters, expected to be delivered in the second half of 2024[145]. Expenses and Taxation - Sales and marketing expenses for the year amounted to approximately RMB 201,276,000, an increase of about RMB 58,232,000 compared to RMB 143,044,000 in 2022[29]. - The company’s effective tax rate increased due to higher income tax and land value tax, totaling RMB 681,866,000 for the year[49]. - Current income tax expense for the year was RMB 776,950 thousand, significantly higher than RMB 464,916 thousand in 2022, an increase of 67.0%[85]. - The company has made adequate provisions for land appreciation tax amounting to approximately RMB 340,883,000 as of December 31, 2023[196]. Cash Flow and Investments - The company recorded a net cash outflow from investing activities of approximately RMB 221,879,000, a significant increase in cash outflow compared to the previous year's net inflow of RMB 410,581,000[28]. - Cash and cash equivalents increased to RMB 9,432,353 thousand in 2023, up from RMB 7,748,703 thousand in 2022, indicating a growth of 21.7%[52]. - The company reported interest income from investment financial assets of RMB 193,734 thousand in 2023, up from RMB 176,047 thousand in 2022, marking an increase of about 10%[111]. - The company recognized other income from subsidiaries totaling RMB 337,020 thousand for land compensation in 2023[84]. Employee and Human Resources - Employee benefits expenses amounted to RMB 4,858,986,000 for the year, reflecting the company's commitment to human resource management[35]. - The company employed 6,413 staff members as of December 31, 2023, a decrease from 6,560 employees in the previous year[35].

Financial Performance - For the six months ended June 30, 2023, the company achieved a revenue of approximately RMB 14,324,646,000, representing a growth of about 10% compared to the same period last year[12]. - Operating profit for the same period was approximately RMB 1,119,765,000, a significant increase of about 205% year-on-year[12]. - Profit attributable to owners of the company was approximately RMB 704,675,000, reflecting a substantial growth of about 191% compared to the previous year[12]. - The company's revenue for the six months ended June 30, 2023, was RMB 14,324,646 thousand, an increase of 10.1% compared to RMB 13,005,950 thousand for the same period in 2022[181]. - Gross profit for the same period was RMB 1,185,552 thousand, significantly up from RMB 570,109 thousand, reflecting a gross margin improvement[181]. - Net profit attributable to the owners of the company was RMB 704,675 thousand, up from RMB 241,796 thousand, representing a year-on-year increase of 191.5%[181]. - Basic earnings per share for the six months ended June 30, 2023, was RMB 1.34, up from RMB 0.44 in the previous year, reflecting a growth of approximately 204.5%[137]. Liquidity and Cash Flow - The net cash ratio improved to 56% from 50% year-on-year, indicating a stronger liquidity position[7]. - The net cash inflow from operating activities was RMB 164,744,000, a decrease of approximately RMB 429,959,000 from the previous year[53]. - The company’s cash and cash equivalents reached RMB 8,224,103,000 as of June 30, 2023, compared to RMB 7,635,885,000 at the end of 2022[73]. - The company’s cash flow from financing activities showed a net inflow of RMB 315,383 thousand in the first half of 2023, contrasting with a net outflow of RMB 912,119 thousand in the same period of 2022[147]. - The cash outflow from investing activities for the six months ended June 30, 2023, was RMB 24,922 thousand, a significant decrease from RMB 125,301 thousand in the same period of 2022[147]. Debt and Liabilities - The company had unused bank credit facilities amounting to approximately RMB 8 billion, providing ample financial strength for business expansion[50]. - As of June 30, 2023, total liabilities amounted to RMB 34,786,753 thousand, a decrease of 5.3% from RMB 36,965,889 thousand as of December 31, 2022[141]. - The total amount of loans decreased to RMB 3,372,370,000 as of June 30, 2023, from RMB 3,675,526,000 at the end of 2022[73]. - The company’s total liabilities decreased by 5.3% year-on-year, indicating a positive trend in debt management[141]. Operational Highlights - The company secured new engineering contracts worth approximately RMB 8.2 billion, an increase of about 8% from RMB 7.6 billion in the same period last year[14]. - The company has ongoing projects with a total planned construction area of approximately 2,000,000 square meters across various locations[17]. - The company is actively expanding its market presence by participating in government infrastructure projects, leveraging its strong construction capabilities[14]. - The company plans to continue its strategic focus on property sales and construction contracts to drive future growth[12]. Cost Management - Administrative expenses for the period were approximately RMB 375,704,000, an increase of about 12% from RMB 336,303,000 in the previous year, primarily due to rising R&D and consulting costs[55]. - The total cost of construction services decreased to RMB 6,122,255 thousand from RMB 7,231,650 thousand, a reduction of about 15.3%[131]. - The cost of selling properties increased to RMB 3,854,933 thousand from RMB 2,049,008 thousand, a rise of approximately 88.0%[131]. Corporate Governance and ESG - The board is committed to enhancing corporate governance and ensuring the maximization of shareholder value[85]. - The company has established an ESG committee to oversee its environmental, social, and governance strategies[91]. - The company has complied with all provisions of the corporate governance code as of the report date, with some deviations noted[101]. Employee and Operational Metrics - The employee benefits expenditure for the six months ended June 30, 2023, reached approximately RMB 2,251,063,000, compared to RMB 2,448,200,000 for the same period in 2022, reflecting a decrease of about 8.03%[98]. - The number of employees as of June 30, 2023, was 6,445, down from 6,663 a year earlier, indicating a reduction of approximately 3.28%[98]. Investment and Market Position - The company is focusing on market expansion and new product development to sustain growth momentum in the upcoming quarters[189]. - The group invested in Shanghai JianKe Group Co., Ltd., which completed its initial public offering and was listed on the Shanghai Stock Exchange in March 2023[200].

– 27 – 購 買、出 售 或 贖 回 公 司 股 份 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 就 因 本 公 告 全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 寶業集團股份有限公司（「本公司」）董 事（「董 事」）會（「董事會」）欣然宣佈本公司 及其附屬公司（合 稱「本集團」）截 至2023年6月30日止六個月（「期 內」）未經審核中 期 業 績，並 呈 列2022年 同 期 的 比 較 數 字。有 關 中 期 業 績 已 經 本 公 司 審 核 委 員 會 審 閱 並 獲 董 事 會 批 准。以 下 財 務 資 料 是 節 錄 自 本 集 團2023年中期報告所載列的 未 經 審 核 中 期 財 務 資 料。 中期簡明合併利潤表 中期簡明合併綜合收益表 當 年 其 他 綜 合 收 益，扣 除 稅 項 203,913 (26,814) 截 至2023年6月30日止六個月之中期業績公告 – 1 – – 2 – 當年盈利 723,618 254,794 ...

（股 票 代 碼：2355） * 僅供識別 截 至12月31日止年度 2022年 2021年 附 註 人民幣千元 人民幣千元 其他收入 5 211,338 177,110 其 他 利 得－淨 額 6 73,892 97,695 銷售及推廣成本 (143,044) (191,512) 行政開支 (699,034) (755,869) 金融及合同資產減值損失淨額 (163,815) (127,560) 應 佔： －本 公 司 所 有 者 704,777 788,477 －非 控 制 性 權 益 16,628 96,897 | --- | --- | --- | |----------------------------------------------------------------------|------------------|----------------| | | | | | | 截 至 12 月 31 | 日止年度 | | | 2022 年 | 2021 年 | | | 人民幣千元 | 人民幣千元 | | 當年盈利 其 他 綜 合 收 益╱（損 失）： | 721,405 | 885,374 ...

Financial Performance - Revenue for the first half of 2022 was RMB 13,005,950, a decrease of 0.83% compared to RMB 13,114,524 in the same period of 2021[7] - Profit attributable to owners of the company was RMB 241,796, down 28% from RMB 335,479 in the first half of 2021[7] - Earnings per share decreased to RMB 0.44 from RMB 0.60 in the same period last year[7] - Operating profit for the same period was approximately RMB 367,457,000, down about 37% year-on-year[15] - Net profit for the period was RMB 254,794 thousand, representing a decrease of 33.83% compared to RMB 384,490 thousand in the prior year[75] - Gross profit for the same period was RMB 570,109 thousand, down 37.06% from RMB 907,102 thousand year-on-year[74] - The total comprehensive income for the period was RMB 227,980 thousand, a significant decrease from RMB 480,370 thousand in the same period of 2021[75] Assets and Liabilities - Total assets increased to RMB 49,141,608, up from RMB 45,721,111 in the previous year[7] - Total liabilities rose to RMB 37,637,855, compared to RMB 34,883,382 in the same period of 2021[7] - The company's equity attributable to owners increased to RMB 11.01 billion, up from RMB 10.40 billion year-on-year[38] - Total loans decreased to RMB 3.68 billion, down from RMB 4.86 billion in the previous year, with 37.4% of loans being secured[37] - The total liabilities as of June 30, 2022, were RMB 37,637,855 thousand, slightly up from RMB 37,566,498 thousand at the end of 2021[73] Cash Flow - Operating cash inflow for the period was RMB 594,703, significantly up from RMB 9,528 in the same period last year[8] - The net cash inflow from operating activities for the six months ended June 30, 2022, was approximately RMB 594,703,000, an increase of RMB 585,175,000 compared to the same period last year[41] - The net cash inflow from investing activities for the same period was approximately RMB 125,301,000, a decrease of RMB 431,471,000 from RMB 556,772,000 in the previous year, primarily due to the acquisition of property, plant, and equipment[41] - The net cash outflow from financing activities was approximately RMB 912,119,000, mainly due to the repayment of amounts due to non-controlling owners and bank borrowings[41] Construction and Real Estate Development - The company is focusing on expanding its construction and real estate development businesses across various regions in China[5] - The construction segment generated revenue of approximately RMB 9,549,222,000, a decline of about 10% compared to the previous year[16] - The property development segment saw a significant revenue increase of approximately 82%, reaching RMB 2,320,441,000[19] - New contracts in the construction business amounted to approximately RMB 7.6 billion, a decrease of about 36% year-on-year[17] - The company has ongoing property developments totaling approximately 1,050,000 square meters, with a planned construction area of about 650,000 square meters for the Baoye Four Seasons Garden project[20] Financial Health and Risk Management - The company has maintained a net cash position with a net cash ratio of 50% as of June 30, 2022, indicating strong financial health[38] - The company is exploring industrialized construction as a strategic focus for future development, aiming to improve operational efficiency[35] - The group is actively monitoring the impact of COVID-19 on its financial performance and is responding to the challenges posed by the pandemic[80] - The group has not made any significant changes to its risk management policies since the end of the previous year[87] Shareholder and Corporate Governance - The board of directors has resolved not to declare an interim dividend for the six months ended June 30, 2022[49] - The company has maintained compliance with corporate governance codes, with a board consisting of nine directors, including five executive directors and three independent non-executive directors[52] - The company actively engages with investors to enhance transparency and maintain good communication[59] - The company’s remuneration committee is composed of two independent non-executive directors and one executive director, focusing on the remuneration policies for directors and senior management[56] Employee and Operational Metrics - The company employed 6,663 employees as of June 30, 2022, an increase from 6,535 employees in the previous year[65] - Employee benefits expenditure for the six months ended June 30, 2022, amounted to approximately RMB 2,448,200,000, compared to RMB 2,892,330,000 in the same period of 2021[65] - The company has a total of 67,690 indirectly employed construction personnel as of June 30, 2022, a decrease from approximately 77,576 in the previous year[65] Market and Future Outlook - Future outlook includes continued investment in new technologies and materials to enhance operational efficiency and market competitiveness[5] - The company plans to adopt a cautious approach to capital expenditure, focusing on land acquisitions and relevant mergers and acquisitions as market conditions evolve[47] - The company aims to enhance the technological value of its projects, focusing on health and comfort in residential development[34]