Financial Performance - The net profit attributable to shareholders of the parent company for 2020 was CNY 4,503,869,024.59, while the net profit for the parent company was CNY 1,288,359,786.85[4]. - The proposed cash dividend for 2020 is CNY 5 per 10 shares, totaling CNY 1,431,776,265.00 to be distributed to all shareholders[4]. - The retained earnings of the parent company at the end of 2020 amounted to CNY 2,417,534,927.17 after accounting for the statutory surplus reserve and previous undistributed profits[4]. - The company's operating revenue for 2020 was approximately ¥432.95 billion, representing a year-on-year increase of 28.38% compared to ¥337.24 billion in 2019[16]. - The net profit attributable to shareholders for 2020 was approximately ¥4.50 billion, a decrease of 5.39% from ¥4.76 billion in 2019[16]. - The net profit after deducting non-recurring gains and losses was approximately ¥3.78 billion, down 10.76% from ¥4.24 billion in 2019[16]. - The company's total assets at the end of 2020 reached approximately ¥387.16 billion, an increase of 29.82% from ¥298.22 billion at the end of 2019[16]. - The basic earnings per share for 2020 was ¥1.59, a decrease of 5.36% from ¥1.68 in 2019[17]. - The weighted average return on equity for 2020 was 13.01%, down 2.85 percentage points from 15.86% in 2019[17]. Supply Chain Operations - The company reported a total operating income of approximately ¥43.29 billion for the supply chain operation segment in 2020, compared to ¥33.72 billion in 2019[21]. - The net profit for the supply chain operation segment in 2020 was approximately ¥450.39 million, an increase from ¥476.03 million in 2019[21]. - The company generated CNY 384,132,657.16 in financial fees from subsidiaries, up from CNY 238,006,349.67 in 2019, indicating a growth of approximately 61.5%[25]. - The company aims to enhance its global supply chain operations by providing differentiated services tailored to various industries, thereby improving its market position[34]. - The company’s supply chain service system, known as "LIFT," integrates logistics, information, finance, and trading to offer customized solutions[29]. Real Estate Development - Xiamen Jianfa Co., Ltd. aims to become a leading real estate operator in China, with its subsidiary Jianfa Real Estate ranked 36th among the top 50 real estate developers in China in 2021[37]. - In 2020, the total sales area of commercial housing in China reached 1,760.86 million square meters, a year-on-year increase of 2.6%, while the sales revenue was 1,736.13 billion yuan, up 8.7% year-on-year[42]. - The investment in real estate development in China for 2020 was 1,414.43 billion yuan, representing a year-on-year increase of 7.0%[42]. - The company’s real estate business achieved a revenue of RMB 82.415 billion, representing a year-on-year growth of 65.52%[60]. - The total contract sales amount for subsidiaries Jianfa Real Estate and Lianfa Group reached RMB 137.93 billion, a year-on-year increase of 38.62%[60]. Market Expansion and Strategy - The company has established business relationships in over 170 countries and regions, expanding its product categories across various sectors including metals, paper products, and agricultural products[33]. - The company plans to continue leveraging its global supply chain platform to enhance operational efficiency and reduce costs for clients[34]. - The company is actively expanding into key urban clusters, having entered over 40 cities including major first and second-tier cities[50]. - The company is focusing on residential and commercial developments, with a diverse portfolio that includes mixed-use projects across different regions[90]. Risk Management - The company’s risk management strategy focuses on price, credit, ownership, and exchange rate risks, which are critical for maintaining healthy supply chain operations[36]. - The company has established a comprehensive risk management system to address price risks associated with commodity price fluctuations[158]. - The company is actively managing credit risk by implementing a strict credit approval process and utilizing export and domestic credit insurance[159]. - The company is addressing currency risk through centralized management and the use of derivative financial instruments to hedge against exchange rate fluctuations[162]. Corporate Governance and Compliance - The company appointed Rongcheng Accounting Firm as the auditor for the 2020 financial report, with an audit fee of 5.63 million RMB[178]. - The company has no major litigation or arbitration matters during the reporting period[180]. - The company has no bankruptcy reorganization matters during the reporting period[180]. - The company has no penalties or rectification situations involving its directors, supervisors, senior management, or controlling shareholders during the reporting period[181]. Social Responsibility - The company donated a total of 500,000 RMB to support poverty alleviation efforts in four villages in Gansu Province in 2020[199]. - The company established a partnership with two villages in Xiamen, donating 200,000 RMB to assist in developing local economies[199]. - The company plans to continue its active response to national poverty alleviation initiatives and fulfill its social responsibilities[200].

Financial Performance - Operating revenue for the first nine months was CNY 264.33 billion, reflecting a year-on-year growth of 25.66%[5] - Net profit attributable to shareholders was CNY 2.81 billion, a significant increase of 54.18% compared to the same period last year[5] - Basic earnings per share increased by 54.69% to CNY 0.99[5] - The weighted average return on equity rose to 8.87%, an increase of 2.41 percentage points year-on-year[5] - Total operating revenue for Q3 2020 reached ¥106.79 billion, a 29.4% increase from ¥82.52 billion in Q3 2019[27] - Net profit for Q3 2020 was ¥529.46 million, slightly down from ¥552.39 million in Q3 2019, representing a decrease of 4.1%[28] - Operating profit for the first three quarters of 2020 was ¥5.00 billion, significantly higher than ¥3.16 billion in the same period of 2019, an increase of 58.2%[27] Cash Flow - The net cash flow from operating activities for the first nine months was negative at CNY -13.70 billion, worsening from CNY -9.20 billion in the previous year[5] - The net cash flow from operating activities decreased to -¥13.70 billion, reflecting increased land and project payments due to expanded real estate operations[15] - Cash inflows from operating activities for the first three quarters of 2020 totaled CNY 384,233,616,359.29, up from CNY 298,152,929,259.30 in the same period of 2019, reflecting a growth of 28.83%[34] - The cash outflow for operating activities was 21.29 billion RMB in 2020, compared to 14.04 billion RMB in 2019, indicating a rise of about 51.9%[38] - The net cash flow from financing activities increased by 45.85% to ¥19.98 billion, driven by a larger financing scale compared to the previous year[15] - The cash flow from financing activities saw a net inflow of 6.10 billion RMB in 2020, compared to a net outflow of -702.17 million RMB in 2019, indicating a turnaround in financing activities[39] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 388.62 billion, an increase of 31.56% compared to the end of the previous year[5] - Current assets totaled CNY 357.01 billion, up from CNY 268.20 billion year-over-year, indicating a growth of about 33.1%[20] - Total liabilities amounted to CNY 321.60 billion, up from CNY 229.29 billion, which is an increase of approximately 40.3%[20] - The company's equity attributable to shareholders rose to CNY 32.40 billion from CNY 30.89 billion, showing a growth of about 4.9%[20] - The total liabilities as of September 30, 2020, amounted to ¥18.75 billion, up from ¥13.07 billion at the end of 2019, reflecting a growth of 43.5%[24] - The total owner's equity reached CNY 66.43 billion as of January 1, 2020, up from CNY 66.10 billion on December 31, 2019, an increase of CNY 324.61 million[43] Investments and Income - Investment income rose by 39.23% to ¥740.25 million, mainly from stock sales by subsidiaries[14] - The company reported a significant increase in derivative financial liabilities by 418.23% to ¥136.19 million, due to increased floating losses from commodity futures contracts[12] - The company’s investment income showed a loss of CNY 16,636,672.95 in Q3 2020, contrasting with a gain of CNY 4,677,566.86 in Q3 2019[32] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 63.03 million during the reporting period, contributing to its financial performance[7] - Non-recurring gains and losses totaled CNY 195.36 million for the reporting period, down from CNY 609.34 million in the previous year[7] Market Outlook - The company anticipates continued growth in the real estate sector, supported by ongoing projects and market demand[16]

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 4,675,776,510.82 in 2019, a slight increase of 0.08% compared to RMB 4,672,023,584.96 in 2018[5]. - Total operating revenue for 2019 was RMB 337,238,672,648.40, representing a year-on-year growth of 20.28% from RMB 280,381,790,726.29 in 2018[16]. - The net cash flow from operating activities increased significantly by 134.61% to RMB 11,215,065,397.85 in 2019, compared to RMB 4,780,265,299.45 in 2018[17]. - The company's total assets reached RMB 295,398,664,300.95 at the end of 2019, marking a 35.84% increase from RMB 217,453,940,226.69 in 2018[17]. - The basic earnings per share remained stable at RMB 1.65 in 2019, unchanged from 2018[18]. - The weighted average return on equity decreased to 16.07% in 2019, down by 2.22 percentage points from 18.29% in 2018[18]. - The net profit after deducting non-recurring gains and losses was RMB 4,140,401,078.62, reflecting a decrease of 2.48% from RMB 4,245,887,468.12 in 2018[16]. - The company reported a substantial increase in trading financial assets, with a year-end balance of CNY 670.87 million, reflecting a change of CNY 406.44 million during the year[25]. - The company achieved a customer satisfaction rate ranking first in the real estate industry according to a survey by Saiwei Consulting[57]. Dividend and Capital Management - The company plans to distribute a cash dividend of RMB 5.00 per 10 shares, totaling RMB 1,417,600,265.00, based on the total share capital of 2,835,200,530 shares as of December 31, 2019[5]. - In 2019, the company distributed a cash dividend of 1,417,600,265 RMB, representing 30.32% of the net profit attributable to ordinary shareholders[156]. - The cash dividend policy stipulates a minimum annual distribution of 10% of the available profit, ensuring transparency and compliance with regulations[153]. - The company has maintained a consistent cash dividend distribution strategy over the past three years, with a total cash distribution of 3,402,240,637 RMB[156]. Supply Chain Operations - The supply chain operation business remains a core focus, providing diverse services across various sectors, including logistics and finance[27]. - The company aims to optimize operational efficiency and reduce risks through its comprehensive supply chain solutions[27]. - The company has a robust risk control system and decision-making mechanism to ensure the safe operation of its supply chain business[27]. - The company's supply chain operations exceeded RMB 280 billion in 2019, establishing it as a leading supply chain operator in China[139]. - The company will continue to innovate in supply chain services, integrating logistics, information, finance, and trading to enhance service capabilities[138]. Real Estate Development - In 2019, the company's real estate development business expanded to over 30 cities across China, with a focus on key regions such as the Yangtze River Delta and South China[30]. - The company's subsidiary, Jianfa Real Estate, ranked 37th in the "Top 50 Real Estate Development Enterprises in China" for 2020, while another subsidiary, Lianfa Group, ranked 45th in the "Top 100 Real Estate Development Enterprises" for the same year[30]. - The real estate development business reported revenue of CNY 45.91 billion, up CNY 5.33 billion, or 13.15% year-on-year[53]. - The company’s contract sales amounted to CNY 99.50 billion, a year-on-year growth of 35.20%[54]. - The company has established a strong risk management system to address various risks, including financial management and commodity price fluctuations, which is a core competitive advantage[35]. Project Management and Expansion - The company has several planned projects, including residential and commercial developments in cities like Zhangzhou and Nanchang, with a total planned construction area of 1,000,000 square meters[82]. - The company is currently constructing the Junling Shoufu project in Zhangzhou, which has an area of 116,201.59 square meters and a 100% equity ratio[85]. - The company is expanding its market presence with new projects in cities like Chengdu and Sydney, with respective areas of 39,640.18 square meters and 7,663.00 square meters[83]. - The company has a significant ongoing project in Xiamen, the Jingyue City, with an area of 117,701.55 square meters and a 49% equity ratio[85]. - The company is focusing on residential and commercial developments, with a mix of equity ratios ranging from 47.6% to 100% across various projects[84]. Environmental Compliance - The company’s environmental impact is managed with compliance to standards, as evidenced by the monitoring reports from its subsidiaries[185]. - Average COD concentration in wastewater after treatment is 52.52 mg/L, significantly below the standard limit of 100 mg/L, with a total discharge of 386.8 tons[186]. - The company has conducted regular environmental inspections and monitoring, ensuring compliance with emission standards[190]. - The company disposed of 1,287.7 tons of general solid waste and 107.055 tons of hazardous waste in 2019, following legal disposal procedures[188]. Strategic Outlook - The company plans to actively explore new business areas such as health care, elderly care, tourism, and cultural creativity to extend its industrial chain[140]. - The overall growth rate of the real estate industry has slowed, with a 5.67% decrease in commodity housing sales compared to the previous year[137]. - The company intends to leverage the strategic opportunity of the central government's support for Fujian's accelerated development to expand its international market presence[143]. - The company will focus on risk control and market analysis to mitigate potential risks in the supply chain operations sector[143]. - The company is committed to sustainable development practices in its new projects, focusing on energy efficiency and environmental impact reduction[120].

Financial Performance - In 2018, the company achieved a net profit attributable to shareholders of 4,672,023,584.96 RMB, representing a 40.27% increase compared to 2017[3]. - The total operating revenue for 2018 was 280,381,790,726.29 RMB, which is a 28.26% increase from 218,601,583,976.54 RMB in 2017[12]. - The company's total assets reached 217,453,940,226.69 RMB at the end of 2018, reflecting a 23.95% increase from 175,430,357,650.35 RMB in 2017[13]. - The net assets attributable to shareholders of the listed company were 27,555,574,865.30 RMB, up 16.63% from 23,625,935,998.82 RMB in 2017[13]. - Basic earnings per share for 2018 reached CNY 1.65, a 41.03% increase compared to CNY 1.17 in 2017[14]. - The weighted average return on equity increased to 18.29%, up 3.46 percentage points from 14.83% in 2017[14]. - The net profit for 2018 was CNY 7.63 billion, reflecting a year-on-year growth of 58.15%[36]. - The net profit attributable to shareholders of the parent company reached CNY 4.67 billion, up 40.27% year-on-year[36]. Cash Flow and Dividends - The company reported a net cash flow from operating activities of 4,780,265,299.45 RMB in 2018, compared to a negative cash flow in 2017[13]. - The company plans to distribute a cash dividend of 5.00 RMB per 10 shares, totaling 1,417,600,265.00 RMB, based on a total share capital of 2,835,200,530 shares as of December 31, 2018[3]. - The company reported a cash dividend of 1,417,600,265 RMB for 2018, representing 30.34% of the net profit attributable to ordinary shareholders[125]. Supply Chain Operations - The company’s supply chain operations cover a wide range of products, including metals, chemicals, and agricultural products, with business relationships established in over 170 countries[22]. - The company has over 1,400 cooperative warehouses across major logistics nodes in China, enhancing its supply chain capabilities[22]. - The company’s supply chain operations revenue reached CNY 235.987 billion, a year-on-year increase of 25.21%[38]. - The company's import and export business exceeded USD 14 billion in 2018, growing by 35.33% year-on-year, accounting for over 40% of supply chain revenue[39]. Real Estate Development - The real estate development business has expanded to over 30 cities nationwide, with a focus on key regions such as the Yangtze River Delta and the Pearl River Delta[25]. - The real estate development business generated revenue of CNY 40.579 billion in 2018, an increase of CNY 11.324 billion, or 38.71% year-on-year[43]. - The company reported a contract sales amount of CNY 73.598 billion in 2018, a year-on-year growth of 60.83%, significantly outperforming the national average growth of 12.2%[44]. - The company added 45 new land plots in 2018, with a total new construction area of approximately 6.4214 million square meters[45]. - The company's land reserve area reached 15.5498 million square meters by the end of 2018, with 50.69% located in first and second-tier cities[45]. Project Management and Development - The company is focusing on expanding its residential and commercial land holdings, with a mix of equity stakes in various projects[71]. - The company has multiple planned projects across various cities, with a total area of 1,200,000 square meters under development[70]. - The company is actively pursuing new land acquisitions for residential and commercial use to support future growth initiatives[86]. - The company has a strategic focus on increasing its project completion rates across multiple locations, aiming for higher efficiency in project delivery[86]. Environmental and Social Responsibility - The company donated 480,000 RMB to support medical equipment projects in impoverished villages in Jian'ge County, Sichuan Province[153]. - The company plans to continue actively responding to national poverty alleviation initiatives and fulfill its social responsibilities[154]. - The company has implemented a comprehensive environmental management system, conducting monthly inspections and regular maintenance of pollution control facilities[163]. - The average wastewater discharge concentration for COD was 66.17 mg/L, well below the standard limit of 100 mg/L, with a total discharge of 406.37 tons[158]. Corporate Governance and Shareholder Information - The company has appointed Deloitte Touche Tohmatsu Certified Public Accountants LLP with an audit fee of CNY 475,000 for the year[130]. - The largest shareholder, Xiamen Jianfa Group Co., Ltd., held 1,301,203,376 shares, representing 45.89% of the total shares, with 600 million shares pledged[177]. - The company has not faced any penalties from securities regulatory agencies in the past three years, indicating compliance[195]. - The total number of employees in the parent company and major subsidiaries is 17,071, with 2,762 technical personnel and 11,479 business personnel[196].