二〇二五年四月二十七日 保利发展控股集团股份有限公司 董事会 保利发展控股集团股份有限公司 董事会对独立董事独立性自查情况的专项意见 根据《上市公司独立董事管理办法》《上海证券交易所 上市公司自律监管指引第 1 号——规范运作》及保利发展控 股集团股份有限公司（以下简称"公司"）《独立董事工作 制度》等相关规定，公司董事会经核查在任独立董事章靖忠、 张峥、张俊生任职经历以及签署的相关自查文件，对其独立 性情况进行评估并出具如下专项意见： 公司全体独立董事不存在任何妨碍其进行独立客观判 断的关系，不存在影响独立董事独立性的情况，符合《上市 公司独立董事管理办法》等法律法规及《公司章程》中关于 独立董事的任职资格及独立性的要求。 ...

证券代码：600048 证券简称：保利发展 公告编号：2025-029 保利发展控股集团股份有限公司（以下简称"公司"）第七届监事会第十次 会议于 2025 年 4 月 27 日在广州市保利发展广场会议室以现场结合视频方式召 开，会议召集人为公司监事会主席孔峻峰先生，会议应参加表决监事三名，实际 参加表决监事三名。会议的召集和召开符合《中华人民共和国公司法》《中华人 民共和国证券法》及《公司章程》的有关规定，会议审议通过了如下议案： 一、监事会以 3 票同意，0 票反对，0 票弃权审议通过了《关于 2024 年度 监事会工作报告的议案》。 二、监事会以 3 票同意，0 票反对，0 票弃权审议通过了《关于 2024 年度 财务决算的议案》。 本次财务决算结果经立信会计师事务所（特殊普通合伙）审计，并以信会师 报字[2025]第 ZG11531 号审计报告予以确认。 三、监事会以 3 票同意，0 票反对，0 票弃权审议通过了《关于 2024 年度 计提减值准备的议案》，并对公司 2024 年度计提减值准备提出审核意见如下： 本次计提减值准备，符合《企业会计准则》和公司会计政策、会计估计的相 关规定，能够公允地反映 ...

证券代码：600048 证券简称：保利发展 公告编号：2025-028 第七届董事会第九次会议决议公告 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。 保利发展控股集团股份有限公司（以下简称"公司"）第七届董事会第九次 会议于 2025 年 4 月 27 日在广州市保利发展广场会议室以现场结合视频方式召开， 会议召集人为公司董事长刘平先生，会议应参加表决董事九名，实际参加表决董 事九名，公司监事及部分高级管理人员列席会议。会议的召集和召开符合《中华 人民共和国公司法》《中华人民共和国证券法》及《公司章程》的有关规定，会 议审议通过了以下议案： 一、董事会以 9 票同意、0 票反对、0 票弃权通过《关于 2024 年度董事会 工作报告的议案》。 二、董事会以 9 票同意、0 票反对、0 票弃权通过《关于 2024 年度财务决 算的议案》。 本次财务决算结果经立信会计师事务所（特殊普通合伙）审计，并以信会师 报字[2025]第 ZG11531 号审计报告予以确认。 本议案已经董事会审计委员会审议通过。 三、董事会以 9 票同意、0 ...

证券代码：600048 证券简称：保利发展 公告编号：2025-031 关于延迟审议 2024 年度利润分配方案的公告 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。 一、延迟审议 2024 年度利润分配方案的原因 1 本次延迟审议 2024 年度利润分配方案充分考虑了公司向特定对象发行可转 换公司债券方案实施进展、股东回报规划等因素，不会影响公司正常经营和长期 发展。敬请广大投资者理性判断，注意投资风险。 特此公告。 待本次向特定对象发行可转换公司债券发行完成后，公司将尽快按照法律法 规与《公司章程》的相关规定，推进 2024 年度利润分配方案的审议和落实。 二、公司履行的决策程序 公司于 2025 年 4 月 27 日召开第七届董事会第九次会议、第七届监事会第十 次会议，审议通过《关于延迟审议公司 2024 年度利润分配方案的议案》。 监事会认为：公司延迟审议 2024 年度利润分配方案符合《公司法》《公司章 程》等关于利润分配的相关规定，综合考虑了公司和全体股东利益，不存在损害 公司股东，特别是中小股东利益的情况。监事会 ...

Financial Performance - The company's operating revenue for 2024 was CNY 31,166.63 million, a decrease of 10.14% compared to CNY 34,682.81 million in 2023[21]. - The net profit attributable to shareholders for 2024 was CNY 500.12 million, down 58.56% from CNY 1,206.72 million in 2023[21]. - The net cash flow from operating activities was CNY 625.73 million, a decline of 55.08% compared to CNY 1,393.00 million in 2023[21]. - The total assets at the end of 2024 were CNY 133,510.80 million, a decrease of 7.08% from CNY 143,691.18 million at the end of 2023[21]. - The basic earnings per share for 2024 were CNY 0.42, down 58.32% from CNY 1.01 in 2023[22]. - The weighted average return on equity for 2024 was 2.53%, a decrease of 3.60 percentage points from 6.13% in 2023[22]. - The net assets attributable to shareholders at the end of 2024 were CNY 19,759.65 million, a slight decrease of 0.48% from CNY 19,854.31 million at the end of 2023[21]. - The company reported a total revenue of 311.67 billion RMB, a year-on-year decrease of 10%, with a gross profit margin of 14%, down 2 percentage points from the previous year[58]. Market Challenges - The company reported a significant decline in net profit and revenue, indicating potential challenges in the market environment[21]. - The real estate sector saw a total sales area of 9.7 billion square meters in 2024, with a year-on-year decline of 12.9%[34]. - The total investment in real estate development reached CNY 10.03 trillion in 2024, down 10.6% year-on-year, reflecting weak investment sentiment[40]. - The overall funding for real estate development in 2024 was 10.77 trillion yuan, a year-on-year decrease of 17%[42]. - The company is currently facing challenges due to declining resident income expectations and insufficient effective customer demand, impacting the real estate market's recovery[166]. Sales and Revenue Trends - In Q1 2024, the company reported operating revenue of CNY 4,974,849.75, which increased to CNY 12,889,193.27 in Q4 2024, showing a significant growth trend[24]. - The net profit attributable to shareholders was CNY 222,360.66 in Q1 2024, but turned negative in Q4 2024 with a loss of CNY 281,136.42[24]. - The company achieved a sales amount of 42.3 billion yuan in October alone, representing a year-on-year increase of 28%[52]. - The company maintained a leading position in the industry with a stable sales amount of approximately 246.5 billion yuan attributable to shareholders, a year-on-year decrease of 14.5%[52]. - The company achieved sales from incremental projects amounting to nearly 200 billion RMB, contributing 60% to the total annual sales[53]. Cost Management and Efficiency - The company continues to focus on cost control and efficiency improvements, as evidenced by the management expense reduction[78]. - The company has a robust financial management policy, maintaining a healthy debt level and strong cash flow management capabilities[48]. - The company maintained a cash inflow of 6.3 billion RMB, marking the seventh consecutive year of positive operating cash flow, with year-end cash on hand at 134.2 billion RMB[54]. - The company reduced its interest-bearing debt by 5.4 billion RMB to 348.8 billion RMB, achieving a debt-to-asset ratio of 74.3%, down 2.2 percentage points year-on-year[56]. Project Development and Expansion - The company has a total of 173 projects under construction, with 100% ownership in 10 projects and a 50% ownership in 12 projects[102]. - The company has ongoing residential projects in Shanghai, with a total land area of 2,455,000 square meters and a total construction area of 1,200,000 square meters[94]. - The company is focusing on expanding its market presence in the Yangtze River Delta region, targeting a 20% increase in market share by 2025[92]. - The company has ongoing projects in various cities, including Guangzhou, Beijing, and Shanghai, with significant investments in construction and planning stages[153]. - The company plans to expand its market presence in the Guangdong province, focusing on residential and mixed-use developments[102]. Strategic Initiatives - The company is exploring potential mergers and acquisitions to enhance its market position and expand its project portfolio[90]. - The company has allocated approximately 300 million for new product development and technology enhancements in the upcoming year[90]. - The company is actively pursuing new technology developments to enhance project efficiency and sustainability in construction[138]. - The company aims to achieve a net profit margin of 12% for the fiscal year 2024, supported by cost control measures and operational efficiencies[140]. - The company has set ambitious revenue targets for 2024, aiming for a growth rate of 15% compared to the previous year[143].

Financial Performance - The company's operating revenue for Q1 2025 was CNY 5,427,179.02 million, an increase of 9.09% compared to CNY 4,974,849.75 million in the same period last year[4] - The net profit attributable to shareholders decreased by 12.27% to CNY 195,080.07 million from CNY 222,360.66 million year-on-year[4] - The basic earnings per share for Q1 2025 was CNY 0.16, down 11.88% from CNY 0.19 in the previous year[4] - In Q1 2025, the company achieved revenue of 54.272 billion RMB, a year-on-year increase of 9.09%[12] - Net profit for Q1 2025 was 3.368 billion RMB, a year-on-year decrease of 15.43%[12] - The net profit attributable to shareholders was 1.951 billion RMB, down 12.27% compared to the previous year[12] - Total operating revenue for Q1 2025 reached ¥54.27 billion, a 9.1% increase from ¥49.75 billion in Q1 2024[19] - Net profit for Q1 2025 was ¥3.37 billion, a decrease of 15.4% compared to ¥3.98 billion in Q1 2024[20] - Earnings per share for Q1 2025 was ¥0.16, down from ¥0.19 in Q1 2024[20] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 165,842.33 million, a significant recovery from a negative cash flow of CNY -3,330,586.76 million in the previous year[4] - Cash flow from operating activities for Q1 2025 was ¥1.66 billion, a significant improvement from a negative cash flow of ¥33.31 billion in Q1 2024[24] - Cash received from sales and services in Q1 2025 totaled ¥60.25 billion, compared to ¥53.03 billion in Q1 2024[24] - The company's cash and cash equivalents increased by approximately RMB 13.75 billion, resulting in an ending balance of RMB 146.25 billion[25] - The company reported cash and cash equivalents of ¥29,779,204,796.83 at the end of Q1 2025, up from ¥1,923,791,061.84 at the end of Q1 2024[36] - The net cash increase for Q1 2025 was ¥18,553,176,753.13, contrasting with a decrease of -¥9,647,157,979.90 in Q1 2024[36] Assets and Liabilities - The total assets at the end of Q1 2025 were CNY 133,066,549.06 million, a slight decrease of 0.33% from CNY 133,510,801.56 million at the end of the previous year[4] - As of the end of the reporting period, total assets amounted to 1,330.665 billion RMB, a decrease of 0.33% from the end of the previous year[12] - The company's debt-to-asset ratio was 74.06%, a decrease of 0.29 percentage points from the previous year[12] - The company's total current liabilities decreased from 722.599 billion RMB to 699.017 billion RMB[17] - Long-term borrowings increased from 208.132 billion RMB to 226.291 billion RMB[17] - Total assets reached approximately RMB 364.95 billion, compared to RMB 349.83 billion at the end of 2024, reflecting a growth of about 4.5%[29] - Total liabilities increased to approximately RMB 314.35 billion, up from RMB 298.59 billion, indicating a rise of about 5.3%[29] Shareholder Information - The company reported a total of 218,192 common shareholders at the end of the reporting period[7] - The net assets attributable to shareholders increased by 1.00% to 199.569 billion RMB compared to the end of last year[12] - The company's equity decreased to approximately RMB 50.60 billion from RMB 51.24 billion, a decline of about 1.25%[30] - The company reported a decrease in undistributed profits to approximately RMB 12.96 billion from RMB 13.61 billion, a decline of about 4.8%[30] Investment and Expenses - The company expanded its real estate projects by 11, adding a total gross floor area of 1.09 million square meters at a total acquisition cost of CNY 18 billion, all located in 38 core cities[11] - Investment income for Q1 2025 was ¥134.08 million, a decrease from ¥399.99 million in Q1 2024[19] - The company incurred financial expenses of ¥592,296,055.39 in Q1 2025, down from ¥756,338,382.29 in Q1 2024[32] - The company reported a significant increase in investment income to ¥21,250,537.18 in Q1 2025, compared to a loss of -¥12,301,755.74 in Q1 2024[32] - Tax expenses for Q1 2025 were ¥1.38 billion, slightly down from ¥1.42 billion in Q1 2024[20] - Other comprehensive income for Q1 2025 showed a net loss of ¥25.81 million, contrasting with a gain of ¥64.90 million in Q1 2024[20]

保利发展控股集团股份有限公司 审计报告及财务报表 二○二四年度 信会师报字[2025]第 ZG11531 号 保利发展控股集团股份有限公司 审计报告及财务报表 （2024 年 01 月 01 日至 2024 年 12 月 31 日止） | | 目录 | 页次 | | --- | --- | --- | | 一、 | 审计报告 | 1-6 | | 二、 | 财务报表 | | | | 合并资产负债表和母公司资产负债表 | 1-4 | | | 合并利润表和母公司利润表 | 5-6 | | | 合并现金流量表和母公司现金流量表 | 7-8 | | | 合并所有者权益变动表和母公司所有者权益变动表 | 9-12 | | | 财务报表附注 | 1-227 | 审计报告 信会师报字[2025]第 ZG11531 号 保利发展控股集团股份有限公司全体股东： 一、 审计意见 我们审计了保利发展控股集团股份有限公司（以下简称"保利发 展"）财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表， 2024 年度的合并及母公司利润表、合并及母公司现金流量表、合并 及母公司所有者权益变动表以及相关财务报表附注。 我 ...

关于保利发展控股集团股份有限公司 涉及财务公司关联交易的存款、贷款等 金融业务的专项说明 信会师报字[2025]第 ZG11533 号 关于保利发展控股集团股份有限公司 涉及财务公司关联交易的存款、贷款等金融业务的专项说明 | | | 目录 | 页次 | | --- | --- | --- | --- | | 一、 | 专项说明 | | 1-2 | | 二 | 金融业务汇总表 | | 1 | 关于保利发展控股集团股份有限公司涉及财务公司 关联交易的存款、贷款等金融业务的专项说明 信会师报字[2025]第 ZG11533 号 保利发展控股集团股份有限公司全体股东： 我们接受委托，根据中国注册会计师审计准则审计了保利发展控股集 团股份有限公司（以下简称"贵公司"）2024 年 12 月 31 日的合并及公司资 产负债表、2024 年度的合并及公司利润表、合并及公司现金流量表以及合 并及公司所有者权益变动表（以下简称"财务报表"），并于 2025 年 4 月 27 日签发了信会师报字[2025]第 ZG11531 号标准无保留意见的审计报告。 按照上海证券交易所《上海证券交易所上市公司自律监管指引第 5 号 ——交 ...

保利发展控股集团股份有限公司 内部控制审计报告 2024 年度 信会师报字[2025]第 ZG11532 号 保利发展控股集团股份有限公司 内部控制审计报告 | | | 目 | 录 | 页次 | | --- | --- | --- | --- | --- | | 一、 | 审计报告 | | | 1-2 | 内部控制审计报告 信会师报字[2025]第 ZG11532 号 保利发展控股集团股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相 关要求，我们审计了保利发展控股集团股份有限公司（以下简称贵公 司）2024 年 12 月 31 日的财务报告内部控制的有效性。 一、企业对内部控制的责任 二、注册会计师的责任 我们的责任是在实施审计工作的基础上，对财务报告内部控制的 有效性发表审计意见，并对注意到的非财务报告内部控制的重大缺陷 进行披露。 三、内部控制的固有局限性 内部控制具有固有局限性，存在不能防止和发现错报的可能性。 此外，由于情况的变化可能导致内部控制变得不恰当，或对控制政策 和程序遵循的程度降低，根据内部控制审计结果推测未来内部控制的 有效性具有一定风险。 四、财务报告内部 ...

保利发展控股集团股份有限公司 非经营性资金占用及其他关联资金往来 专项报告 2024 年度 信会师报字[2025]第 ZG11535 号 保利发展控股集团股份有限公司 非经营性资金占用及其他关联资金往来专项报告 | 一、审计报告 | | 1-2 | | --- | --- | --- | | 二、专项说明 | 目录 | 页次 1-24 | 关于保利发展控股集团股份有限公司 非经营性资金占用及其他关联资金往来情况 的专项报告 本报告仅供保利发展公司为披露 2024 年年度报告的目的使用， 不得用作任何其他目的。 信会师报字[2025]第 ZG11535 号 保利发展控股集团股份有限公司全体股东： 我们审计了保利发展控股集团股份有限公司(以下简称"保利发 展公司")2024 年度的财务报表，包括 2024 年 12 月 31 日的合并及母 公司资产负债表、2024 年度合并及母公司利润表、合并及母公司现 金流量表、合并及母公司所有者权益变动表和相关财务报表附注，并 于 2025 年 4 月 27 日出具了报告号为信会师报字[2025]第 ZG11531 号 的无保留意见审计报告。 保利发展公司管理层根据中国证券监 ...