2023 年第一季度报告 证券代码：600173 证券简称：卧龙地产 卧龙地产集团股份有限公司 2023 年第一季度报告 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。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 将《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》中列举的非经常性损益 项目界定为经常性损益项目的情况说明 □适用 √不适用 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | | | 单位：元 币种：人民币 | | --- | --- | --- | | 项目 | 本报告期 | 本报告期比上年同期增减 | | | | 变动幅度(%) | | 营业收入 | 1,649,646,264.70 | 273.29 | | 归属于上市公司股东 ...

Financial Performance - The net profit attributable to the parent company for 2022 was RMB 301,199,566.65, a decrease of 37.92% compared to RMB 485,141,726.31 in 2021[4]. - The operating revenue for 2022 reached RMB 5,238,021,608.27, representing a 53.98% increase from RMB 3,401,812,110.43 in 2021[22]. - The basic earnings per share for 2022 was RMB 0.4300, down 37.85% from RMB 0.6919 in 2021[23]. - The net cash flow from operating activities was negative RMB 1,131,695,663.84, a decline of 592.82% compared to positive RMB 229,634,558.40 in 2021[22]. - The total assets as of the end of 2022 were RMB 6,487,948,696.55, a decrease of 13.89% from RMB 7,534,278,148.83 at the end of 2021[22]. - The weighted average return on net assets for 2022 was 8.09%, down 6.04 percentage points from 14.13% in 2021[23]. - The net assets attributable to shareholders at the end of 2022 were RMB 3,698,950,755.31, an increase of 3.59% from RMB 3,570,657,682.51 at the end of 2021[22]. - The company reported a significant decline in net profit in Q4 2022, with a loss of 60.36 million RMB, contrasting with profits in the first three quarters[25]. Business Operations - The company completed the acquisition of 100% equity of Shanghai Mining, which is classified as a business combination under common control[23]. - The company is focusing on diversifying its operations to mitigate risks associated with a single business model, particularly in real estate and non-ferrous metal trading[35]. - The company is actively managing costs and expenses while accelerating inventory turnover in the real estate sector[35]. - The company expanded its non-real estate business, achieving sales revenue of 3.599 billion yuan in metal trading, a year-on-year increase of 304.46%, which helped offset the decline in real estate revenue[37]. - The mineral trading business generated sales revenue of CNY 3,599 million, accounting for 69% of the total operating revenue for 2022[47]. Market Environment - The overall economic environment in China showed signs of weakness, with GDP growth at only 3% in 2022, impacting various sectors including real estate[32]. - The total sales area of commercial housing in China decreased by 24.3% year-on-year, with sales amounting to 13.33 trillion RMB, down 26.7%[33]. - In 2022, the company's real estate sales revenue was 1.627 billion yuan, a year-on-year decrease of 34.71% due to a downturn in the real estate market[37]. - The domestic consumption of refined copper is expected to decline by 4.7% year-on-year, totaling approximately 13.719 million tons in 2022[34]. Financial Management - The company implemented a project funding budget management mechanism to improve fund utilization efficiency amid declining sales and market demand[38]. - The company recognized an impairment loss of 184.785 million RMB on long-term equity investments, impacting the net profit attributable to the parent company by -174.363 million RMB[61]. - The company reported a significant increase in sales expenses by 55.12% to CNY 72,221,057.08, primarily due to higher sales agency fees[46]. - The company reported a long-term equity investment impairment of 184.7853 million RMB, impacting the net profit attributable to the parent company by 174.3630 million RMB[165]. Corporate Governance - The company has established a compliance management system to mitigate operational risks associated with its diversified business model[39]. - The company has implemented a transparent performance evaluation and incentive mechanism for senior management, ensuring compliance with legal regulations[104]. - The company has maintained a stable relationship with investors through various communication channels, including in-person visits and online interactions[104]. - The company has not engaged in any related party transactions that would harm the interests of other shareholders during the reporting period[105]. Future Outlook - The company provided a future outlook projecting a revenue growth of 10% for the next fiscal year[114]. - The company plans to expand its trade scale and diversify its rare metal trading categories, actively seeking upstream and downstream partners to strengthen its channel construction[96]. - The company anticipates a revenue of 5.874 billion yuan and an operating cost of 5.437 billion yuan in 2023[97]. - The company plans to launch 2-3 new games in the domestic market and multiple titles in overseas markets, including RPG and card games[171]. Social Responsibility and Sustainability - The company emphasizes social responsibility, focusing on sustainable development and community engagement while providing quality housing and services to its stakeholders[102]. - The company is committed to green and sustainable development in the construction industry, integrating green residential concepts into product design and construction[142]. - The company has actively participated in sponge city construction projects, implementing various ecological facilities for rainwater management[142].

证券代码：600173 证券简称：卧龙地产 公告编号：临 2023-018 卧龙地产集团股份有限公司 关于举行 2022 年度业绩暨现金分红说明会的公告 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。 重要内容提示： 卧龙地产集团股份有限公司（以下简称"公司"）已于 2023 年 4 月 8 日披露 了公司 2022 年年度报告。为便于广大投资者更全面深入地了解公司 2022 年度经 营成果、财务状况，公司计划于 2023 年 4 月 19 日 下午 15:00-16:00 举行 2022 年 度业绩暨现金分红说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度的经营成果及 财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内就 投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 3、董事、副总裁及董事会秘书王海龙先生； 4、独立董事杜兴强先生； 5、财务总监赵钢先生； 四、投资者参加方式 （一）投资者也可以在 2023 年 4 月 19 ...

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。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 2022 年第三季度报告 证券代码：600173 证券简称：卧龙地产 卧龙地产集团股份有限公司 2022 年第三季度报告 1 / 22 2022 年第三季度报告 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 第三季度财务报表是否经审计 | | | | | 本报告 | | | | 年初至 报告期 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 期比上 | | | | 末比上 | | | | 上年同期 | | 年同期 | | 上年同期 | | 年同期 | | 项目 | 本报告期 | | | 增减变 | ...

Financial Performance - The company's operating revenue for the first half of 2022 was approximately CNY 1.72 billion, a decrease of 22.56% compared to the same period last year[21]. - The net profit attributable to shareholders of the listed company was approximately CNY 262.40 million, down 24.47% year-on-year[21]. - The basic earnings per share decreased by 24.51% to CNY 0.3746 compared to the same period last year[22]. - The total assets of the company decreased by 8.08% to approximately CNY 6.93 billion as of the end of the reporting period[21]. - The net cash flow from operating activities was negative at approximately CNY -762.82 million, a significant decline compared to the previous year's positive cash flow[21]. - The company reported a weighted average return on equity of 7.09%, down 3.24 percentage points from the same period last year[22]. - The company achieved an operating income of 171,970.73 million yuan, a decrease of 22.56% year-on-year, and a net profit attributable to shareholders of 26,239.76 million yuan, down 24.47%[35]. - The company reported a net profit margin of approximately 20.0% for the first half of 2022, compared to 10.0% in the same period of 2021[105]. - The total profit for the first half of 2022 was CNY 336,553,862.09, a decrease of 26.1% from CNY 455,720,979.22 in the first half of 2021[107]. - The company's operating profit for the first half of 2022 was CNY 339,135,685.75, down 25.7% from CNY 455,747,157.74 in the same period of 2021[107]. Acquisitions and Investments - The company completed the acquisition of 100% equity in Shanghai Mining, which required retrospective adjustments to the initial data[23]. - The company acquired 100% equity of Shanghai Mining for CNY 68 million, which has been completed and is now a wholly-owned subsidiary[48]. - The company signed a share transfer agreement to acquire 0.7692% of Chengyun Technology (China) Co., Ltd. for CNY 20 million, completed on May 30, 2022[47]. - The company acquired 100% equity of Shanghai Mining, expanding its business scope into metal trading, which is expected to enhance market competitiveness[38]. - The company reported a trade segment revenue of CNY 797 million and a net profit of CNY 4.79 million following the acquisition of Shanghai Mining[40]. Real Estate and Market Conditions - In the first half of 2022, the cumulative sales area of commercial housing decreased by over 20%, with a sales area of 68,923 million square meters, down 22.2% year-on-year[33]. - The sales revenue of commercial housing was 66,072 billion yuan, a decline of 28.9% compared to the previous year[33]. - The real estate development investment decreased by 5.4% year-on-year, totaling 68,314 billion yuan[33]. - The average construction area of housing under construction was 848,812 million square meters, down 2.8% year-on-year[33]. - The company faces risks related to government policies affecting real estate investment, market fluctuations, and project development[55][56]. Cash Flow and Financial Position - Cash and cash equivalents decreased by 36.36% to CNY 1,712,422,758.40, mainly due to payments for company goods and taxes[43]. - The net cash flow from operating activities turned negative at CNY -762,819,016.39, a decline of 627.96% year-on-year[39]. - The total cash and cash equivalents at the end of the period decreased to 1,644,632,246.84 RMB from 2,601,052,803.30 RMB, marking a decline of approximately 36.8%[114]. - The cash flow from investment activities showed a net outflow of -122,126,217.86 RMB, a stark contrast to a net inflow of 536,840,065.68 RMB in the prior period, highlighting reduced investment returns[113]. - The total amount of guarantees provided by the company, including those to subsidiaries, is 304,933.80 million RMB, which accounts for 83.32% of the company's net assets[83]. Corporate Governance and Compliance - The company has indicated potential risks related to its future operational and strategic plans, which are not guaranteed commitments to investors[7]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[8]. - The company strictly adhered to national environmental protection laws and regulations, with no violations or administrative penalties reported during the reporting period[66]. - The company is committed to sustainable development and green building standards, focusing on resource conservation and pollution reduction in its projects[67]. - The company has made commitments to avoid competing businesses with its subsidiaries and to protect the rights of other shareholders[70]. Shareholder and Equity Information - The total equity attributable to shareholders at the end of the reporting period was CNY 3,300,090,165.76, down from CNY 3,404,703,848.66 at the end of the previous year[130]. - The company has not reported any significant changes in its share capital structure during the reporting period[86]. - As of the end of the reporting period, the total number of ordinary shareholders is 21,089[88]. - Zhejiang Wolong Investment Co., Ltd. holds 44.84% of the shares, amounting to 314,104,357 shares, with 30,000,000 shares pledged[88]. - The company did not propose any profit distribution or capital reserve fund transfer plans for the half-year period[62]. Operational Challenges and Future Outlook - The company has indicated potential risks related to its future operational and strategic plans, which are not guaranteed commitments to investors[7]. - The company plans to focus on market expansion and new product development in the upcoming quarters[1]. - The company aims to enhance its financial position through strategic investments and potential acquisitions in the near future[1]. - The company plans to focus on improving operational efficiency and cost management in the upcoming quarters[126]. - The company aims to expand into overseas markets such as South Korea and Southeast Asia with validated products to seek revenue growth[53]. Accounting Policies and Financial Reporting - The company's accounting policies comply with the enterprise accounting standards, ensuring accurate financial reporting[138]. - The company’s accounting period runs from January 1 to December 31 each year, aligning with standard fiscal practices[139]. - The company recognizes its share of assets and liabilities in joint operations and accounts for income and expenses accordingly[149]. - Financial assets are classified at initial recognition as amortized cost, fair value through other comprehensive income, or fair value through profit or loss[153]. - The company applies the effective interest method for calculating interest on financial assets measured at amortized cost[156].

2022 年第一季度报告 证券代码：600173 证券简称：卧龙地产 卧龙地产集团股份有限公司 2022 年第一季度报告 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个别及连带责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报表 信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 上年同期 | | 本报告期比上年同 期增减变动幅度 | | --- | --- | --- | --- | --- | | | | | | (%) | | | | 调整前 | 调整后 | 调整后 | | 营业收入 | 441,920,265.97 | 483,250,330.96 | 533,132,976.28 | -17.11 | | 归属 ...

Financial Performance - The net profit attributable to shareholders for 2021 was RMB 476,940,147.66, a decrease of 1.52% compared to RMB 484,277,881.13 in 2020[5] - The operating revenue for 2021 reached RMB 2,503,287,910.04, representing a 9.73% increase from RMB 2,281,298,897.23 in 2020[22] - The basic earnings per share for 2021 was RMB 0.6802, down 1.66% from RMB 0.6917 in 2020[23] - The company reported a decrease of 4.08% in net profit after deducting non-recurring gains and losses, amounting to RMB 465,598,540.97 in 2021[22] - The company’s real estate sales revenue for 2021 was CNY 2,491,643,808.51, a year-on-year increase of 33.89%[49] - The company reported a net profit increase of 80.49% for the Tianxiang South Garden project, attributed to an increase in the area available for recognition[69] - The net profit for the Yaojiang Shenma project increased by 61.36%, also due to an increase in the area available for recognition[69] Cash Flow and Assets - The net cash flow from operating activities was RMB 198,895,697.44, a significant recovery from a negative cash flow of RMB -93,060,728.48 in 2020[22] - The total assets as of the end of 2021 were RMB 7,376,892,696.54, a decrease of 6.21% from RMB 7,865,149,583.15 at the end of 2020[22] - The company’s total assets attributable to shareholders amounted to CNY 3.529 billion by the end of 2021[33] - The company achieved a cash recovery of 1.946 billion RMB during the reporting period[35] - The company’s total liabilities to equity ratio improved from 1.49 in 2020 to 1.09 in 2021, indicating a stronger financial position[196] Investment and Development - The company completed 55.60% of its annual sales target in the first half of the year, benefiting from a strong national real estate market[34] - The company accelerated the development of projects such as Shangyu Wanchengfu and Qingyuan Boxueyuan, with a total construction area of 403,900 square meters and new construction area of 188,300 square meters during the year[34] - The total investment in ongoing and newly started projects during the reporting period reached RMB 32,236.43 million for the Qingyuan Wuzhou project alone[63] - The company has a total of 91,393.94 square meters of land held for future development in Qingyuan[62] Costs and Expenses - Operating costs rose by 42.08% to 1.655 billion RMB, primarily due to increased revenue from property sales[45] - Sales expenses decreased by 41.58% to 37.19 million RMB, attributed to reduced advertising and agency fees[45] - The gross profit margin for property sales decreased by 15.17 percentage points to 33.89%[48] - The cost of real estate sales increased by 42.37% year-on-year, primarily due to rising land costs[52] Market and Industry Trends - The real estate industry saw a 1.9% year-on-year increase in sales area, reaching 1,794.33 million square meters, and a 4.8% increase in sales revenue, totaling CNY 1.8193 trillion[31] - The real estate market is anticipated to experience a decline in sales area, with stable sales prices due to rising land costs and increased transaction volume in first and second-tier cities[72] - The financial environment remains challenging with ongoing regulatory pressures in the real estate sector[40] Corporate Governance and Management - The company has established a fair and transparent performance evaluation and incentive mechanism for senior management[82] - The company has implemented measures to ensure the independence of its operations from controlling shareholders[83] - The board of directors has been actively involved in strategic decisions, including the appointment of new executives and oversight of company operations[98] - The company has a structured approach to evaluating the performance of its directors and senior management, linking remuneration to actual business performance[97] Future Outlook - The company provided a future outlook projecting a revenue growth of 10-12% for the next fiscal year[91] - The company expects annual revenue of 3.18 billion yuan and operating costs of 2.638 billion yuan[76] - New construction area is projected at 111,600 square meters, while completed area is estimated at 341,900 square meters, ensuring stable performance growth[76] Compliance and Legal Matters - The company conducted related party transactions in compliance with legal regulations, ensuring no harm to other shareholders' interests[82] - The company strictly adhered to environmental protection laws and regulations, with no violations or administrative penalties reported during the period[122] - The company has no significant litigation or arbitration matters during the reporting period[133]

2021 年第三季度报告 证券代码：600173 证券简称：卧龙地产 卧龙地产集团股份有限公司 2021 年第三季度报告 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个别及连带责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 主要会计数据和财务指标 单位：元 币种：人民币 2021 年第三季度报告 | | 本报告期末 | 上年度末 | 本报告期末 比上年度末 增减变动幅 | | --- | --- | --- | --- | | | | | 度(%) | | 总资产 | 7,362,833,571.00 | 7,865,149,583.15 | -6.39 | | 归属于上市公司股东的所有者 | 3,470,565,343.42 | 3,156 ...

Financial Performance - The company's operating revenue for the first half of 2021 reached approximately RMB 1.975 billion, representing a 306.47% increase compared to the same period last year[21]. - Net profit attributable to shareholders of the listed company was approximately RMB 347.68 million, an increase of 165.12% year-on-year[21]. - Basic earnings per share increased to RMB 0.4966, up 164.99% from RMB 0.1874 in the same period last year[20]. - The weighted average return on equity rose to 10.44%, an increase of 5.80 percentage points compared to the previous year[20]. - The net cash flow from operating activities was approximately RMB 104.34 million, a significant recovery from a negative cash flow of RMB 154.25 million in the same period last year[21]. - The company achieved operating revenue of CNY 1,974.59 million, a year-on-year increase of 306.47%[28]. - The net profit attributable to shareholders was CNY 347.68 million, up 165.12% compared to the same period last year[28]. - The company realized cash inflow of CNY 1.283 billion, a growth of 57% compared to the previous year[29]. - The company’s investment income increased by 472.18% to CNY 22.15 million, mainly due to increased profits from joint ventures[34]. - The total comprehensive income for the first half of 2021 was ¥347,608,948.47, compared to ¥131,172,868.22 in the first half of 2020, indicating a growth of approximately 164.5%[99]. Assets and Liabilities - Total assets decreased by 8.61% to approximately RMB 7.188 billion compared to the end of the previous year[21]. - The net assets attributable to shareholders of the listed company increased by 7.70% to approximately RMB 3.400 billion[21]. - Total liabilities decreased to CNY 3,787,110,341.51 from CNY 4,707,209,519.69, representing a reduction of about 19.5%[91]. - Current liabilities totaled CNY 3,770,062,883.24, down from CNY 4,690,672,681.73, indicating a decrease of approximately 19.6%[91]. - The total amount of guarantees provided by the company, excluding those to subsidiaries, is RMB 338,688.91 million, which accounts for 99.63% of the company's net assets[72]. - The company has provided guarantees totaling RMB 288,688.91 million for mortgage loans to home buyers, with the guarantee amount decreasing as borrowers repay their loans[72]. Real Estate Operations - The signed sales area of real estate projects reached 98,800 square meters, an increase of 77.38% year-on-year[29]. - The signed sales amount for real estate projects was CNY 1.397 billion, reflecting an increase of 82.38% year-on-year[29]. - As of June 30, 2021, the rental area for the Qingyuan B District shops was 9,970.87 square meters with a 100% occupancy rate, generating rental income of 389,700 RMB; Qingyuan A District shops had a rental area of 5,139.48 square meters with a 98.18% occupancy rate, generating 419,300 RMB in rental income[37]. Cash Flow and Investments - The company reported a net cash flow from investment activities of ¥536,852,977.20, a substantial increase from ¥32,036,110.53 in the first half of 2020[105]. - Cash inflow from investment activities totaled ¥553,050,000.00, significantly higher than ¥39,200,000.00 in the same period last year[105]. - The company received ¥543,000,000.00 from investment recoveries, which was not reported in the previous year[108]. Shareholder and Equity Information - The company has a total of 1,328,212.25 yuan in funds provided by its indirect controlling shareholder, which will be settled at the end of the year[69]. - The total owner's equity at the end of the period is CNY 2,958,907,208.39, showing a decrease from the previous period[119]. - The company has a total issued share capital of 700,989,244 shares as of June 30, 2021[121]. - The company has repurchased and canceled 483,000 unvested restricted stock options due to unmet performance targets, which has a minimal impact on financial metrics[78]. Compliance and Governance - There are no significant risks or non-compliance issues reported for this period[6]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[57]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[65]. - The company has committed to avoiding continuous related transactions with its subsidiaries, adhering to fair pricing principles[63]. Accounting Policies and Practices - The company follows the accounting standards set by the Ministry of Finance and ensures the financial statements reflect its financial status accurately[127]. - The company recognizes revenue when control of goods or services is transferred to the customer, indicating fulfillment of performance obligations[200]. - The company applies the fair value model for investment properties, adjusting the book value based on the fair value at the balance sheet date, with the difference recognized in the current profit and loss[171]. - The company uses the straight-line method for depreciation of fixed assets, with a depreciation rate of 2.38% for buildings and 19.00%-31.67% for general and office equipment[173].