Company Overview - China Aoyuan was listed on the Main Board of the Stock Exchange on October 9, 2007, with stock code 3883, and is a constituent of MSCI China Index and Hang Seng Composite Index[2]. - The Group focuses on the Guangdong-Hong Kong-Macao Greater Bay Area and has a strategic layout in South China, Central and Western China, East China, and the Bohai Rim[3]. - The Group aims to provide customers with a high-quality living environment and create a healthy lifestyle, striving to become a world-class integrated healthy lifestyle service provider[4]. - The Group's core business is property development, with a strategy of "one core business with vertical development"[5]. - The Group has been recognized as one of the top 30 national sales companies in China and included in various prestigious indices[1]. Financial Performance - For the year ended December 31, 2019, the company reported revenue of RMB 50,531,150, an increase of 62.5% from RMB 31,005,834 in 2018[31]. - Gross profit for 2019 was RMB 15,021,166, representing a 55.1% increase from RMB 9,634,151 in 2018[31]. - Net profit reached RMB 5,221,830, up 77.5% from RMB 2,939,467 in the previous year[31]. - Core net profit for 2019 was RMB 5,123,190, compared to RMB 3,074,013 in 2018, marking a 66.7% increase[31]. - Total assets as of December 31, 2019, were RMB 289,880,433, a significant rise from RMB 188,858,219 in 2018[37]. - Total liabilities increased to RMB 252,883,825 in 2019 from RMB 158,124,373 in 2018[37]. - The company's total equity grew to RMB 36,996,608, up from RMB 30,733,846 in 2018[37]. - Property development revenue was RMB 48,090,825, a substantial increase from RMB 29,739,726 in 2018[33]. - The earnings per share (basic) for 2019 was 156.48 cents, compared to 89.91 cents in 2018, reflecting a growth of 74.0%[32]. Strategic Initiatives - The Group's strategic focus includes market expansion and potential mergers and acquisitions to enhance its competitive edge[3]. - The Group successfully issued USD275 million 7.95% senior notes due 2021 and USD500 million 8.50% senior notes due 2022, marking the first fully marketed 3-year PRC property high yield issuance since Q4 2018[45]. - The Group's domestic credit rating was upgraded to "AAA", the highest credit rating in PRC, by United Credit Ratings[50]. - The Group was added as a constituent stock in the MSCI China Index, enhancing liquidity and brand recognition[50]. - The Group successfully completed an issuance of USD200 million 7.35% senior notes due 2023 at par through private placement[54]. - The Group successfully issued four-year onshore corporate bonds of RMB1.5 billion with a coupon rate of 6.80%[58]. - The Group secured a three-year syndicated loan of approximately HK$1.3 billion with an interest rate of HIBOR+4.95% per annum[49]. Market Position and Growth - Property contracted sales reached approximately RMB 118.06 billion, marking a year-on-year increase of 29% and exceeding the original full-year sales target[76]. - In 2019, China Aoyuan achieved revenue of RMB 50.53 billion, representing a year-on-year increase of 63%[72]. - The net profit for 2019 was approximately RMB 5.22 billion, reflecting a year-on-year increase of 78%[72]. - The compound annual growth rate for property contracted sales from 2016 to 2019 reached 66%, outpacing the industry average[97]. - The total area of commodity housing sold nationwide in 2019 decreased by 0.1% to 1.72 billion sq.m., while the sales volume increased by 6.5% to approximately RMB16.0 trillion[95]. Corporate Social Responsibility - The Group donated RMB20 million to Jinan University to support education development[62]. - The company has been proactive in supporting COVID-19 relief efforts, procuring over 1.1 million medical supplies for frontline workers[122]. - The company has a commitment to corporate social responsibility, as evidenced by awards received for outstanding enterprise contributions[184]. Employee and Management - As of December 31, 2019, the group employed 16,504 employees, an increase from 12,040 employees in the previous year[177]. - The group regularly reviews employee remuneration and benefits according to market practices and individual performance[177]. - The group provides various insurance benefits to employees in China, including medical, work injury, maternity, and unemployment insurance[177]. - The Group's executive director and CEO, Guo Zining, has extensive experience in commercial real estate investment and development since joining in 1996[189]. - COO Ma Jun oversees the management of the Property Group, International Investment Group, and Cultural Tourism Group, bringing over 15 years of real estate industry experience[192]. Future Outlook - The Group is committed to sustainable high-quality development and aims to leverage the ecosystem effect of "building healthy life" for steady growth in 2020[90]. - The company plans to maintain moderate sales growth while enhancing product design and operational standards to improve brand competitiveness and operational efficiency[125]. - The Group expects income generated from business operations and borrowings to continue as the main source of funds in the coming year[145]. - The Group will continue to explore opportunities for collaboration with domestic and foreign investors for project expansion and operational growth[145]. - Future outlook includes strategic initiatives to enhance operational efficiency and explore potential mergers and acquisitions[192].

中國奧園集團股份有限公司 China Aoyuan Group Limited (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) 中期報告 2019 HKEx Stock Code 香港聯交所上市編號：3883 Group Introduction 集團簡介 China Aoyuan together with its subsidiaries was listed on the Main Board of the Stock Exchange on 9 October 2007 (Stock Code: 3883), and is a member of MSCI China Index, Hang Seng Composite LargeCap & MidCap Index, Hang Seng Stock Connect Hong Kong Index and Hang Seng Stock Connect Greater Bay Area Composite Index. As the pionee ...

(Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） HKEx Stock Code 香港聯交所上市編號：3883 2018 年報 Annual Report One Core Business with Vertical Development Annual Report 2018 年報 集團簡介 Group Introduction China Aoyuan Group Limited ("Aoyuan" or the "Company"), together with its subsidiaries (the "Group") was listed on the main board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") on 9 October 2007 (Stock Code: 3883), and is a member of Hang Seng Stock Connect Hong Kong Index ...