Financial Performance - In 2013, the company achieved a net profit attributable to shareholders of RMB 2,692,975,139.82, representing a 24.90% increase compared to RMB 2,156,036,970.07 in 2012[7]. - The company's total revenue for 2013 was RMB 102,067,799,243.02, an increase of 11.96% from RMB 91,166,970,131.66 in 2012[30]. - The net profit for 2013 was RMB 3.39 billion, with a net profit attributable to the parent company of RMB 2.69 billion, reflecting a growth of 24.90% year-on-year[38]. - The basic earnings per share for 2013 was RMB 1.20, a 25.00% increase from RMB 0.96 in 2012[31]. - The weighted average return on equity was 23.83% in 2013, slightly up from 23.78% in 2012[31]. - The company reported a net asset value attributable to shareholders of RMB 12,552,213,162.57, a 25.26% increase from RMB 10,021,232,691.12 in 2012[30]. - The company achieved a record high in operating revenue, surpassing 100 billion yuan for the first time in 2013, with an average annual growth rate of around 30% in key operating metrics since its listing[71]. - The company's total liabilities amounted to ¥63.69 billion, an increase from ¥48.13 billion, which is a rise of about 32.3%[197]. - The total equity attributable to shareholders reached ¥12.55 billion, up from ¥10.02 billion, marking an increase of approximately 25.2%[197]. Cash Flow and Investments - The net cash flow from operating activities was negative at RMB -1,921,185,594.58, a decline of 140.41% compared to RMB 4,754,265,750.75 in 2012[30]. - The financial expenses decreased significantly by 92.72%, from RMB 390.69 million to RMB 28.45 million[48]. - The company’s investment income surged by 370.88%, reaching RMB 304.59 million compared to RMB 64.69 million in the previous year[48]. - Investment income increased by 370.88% compared to the previous year, mainly due to gains from the disposal of trading financial assets and other investment income[49]. - The company plans to raise up to RMB 3.5 billion through a rights issue to support its growth initiatives[38]. Business Segments - The supply chain operation business generated an annual revenue of RMB 87.8 billion, up 10.48% from the previous year, with a net profit of RMB 930 million, increasing by 24%[40]. - The real estate segment saw联发集团 achieve revenue of RMB 6.59 billion, a 21% increase, and net profit of RMB 925 million, up 17%[43]. - 建发房产 reported revenue of RMB 7.94 billion, a growth of 15.97%, and net profit of RMB 1.61 billion, an increase of 30.33%[44]. - Real estate development revenue was 12.225 billion RMB, an 8.6% increase, representing 11.98% of total revenue[51]. Operational Challenges and Strategies - The company faced challenges in the supply chain operations due to global raw material market weakness and currency fluctuations, but managed to mitigate risks effectively[39]. - The company will continue to implement a dual business strategy of "supply chain + real estate" to drive long-term growth[85]. - The company aims to achieve a revenue target of 105 billion CNY for 2014, with expected costs totaling 101 billion CNY[87]. - The company plans to enhance supply chain management efficiency by leveraging information technology and providing one-stop services to clients[86]. - The company will actively promote smart community initiatives to tap into the value potential of community services, seeking new profit growth points in the mobile internet era[86]. Corporate Governance and Management - The company has established a strong risk management system, which has become a core competitive advantage for its sustained healthy development[70]. - The company has implemented a strict governance structure, ensuring clear responsibilities and compliance with relevant laws and regulations[165]. - The company has established a performance evaluation mechanism for senior management, combining basic annual salary with operational performance[178]. - The independent directors have significant academic backgrounds, enhancing the governance and oversight of the company[150]. - The company has maintained a consistent leadership structure with key positions held by individuals since at least 2001[152]. Shareholder Engagement and Dividends - The company proposed a cash dividend of RMB 2.00 per 10 shares, totaling RMB 447,550,148.20 distributed to shareholders[7]. - The company has established a cash dividend policy, distributing 1.50 CNY per 10 shares for the 2012 fiscal year, totaling approximately 335.66 million CNY[96]. - The company plans to distribute 2.00 CNY per 10 shares for the first three quarters of 2013, amounting to around 447.55 million CNY[97]. - The company actively engages with shareholders, ensuring their rights and interests are protected during shareholder meetings[165]. Employee and Workforce Management - The total number of employees in the parent company is 129, while the total number of employees in major subsidiaries is 9,384, resulting in a combined total of 9,513 employees[159]. - The company has established a three-tier training system to enhance management skills and employee competencies, focusing on various levels of training[161]. - The company has a remuneration policy based on fairness, competition, and legal compliance, with senior management on a fixed salary system and business personnel on a performance-based pay system[160]. - The total remuneration for all directors, supervisors, and senior management personnel amounted to 1,922.7 million yuan (before tax) for the reporting period[156]. Financial Reporting and Compliance - The internal control audit report issued by Grant Thornton confirmed that the company maintained effective financial reporting internal controls as of December 31, 2013[182]. - No significant accounting errors or omissions occurred during the reporting period, ensuring the quality and transparency of the annual report[183]. - The company revised its information disclosure management system to ensure quality and protect the rights of shareholders and creditors[171].