Financial Performance - Gree Real Estate reported a revenue of CNY 1,893,474,714.98 for the first half of 2024, representing a 2.05% increase compared to CNY 1,855,414,345.85 in the same period last year[15]. - The net profit attributable to shareholders was a loss of CNY 776,911,274.22, which is a deterioration of CNY 565,990,128.15 compared to a loss of CNY 211,921,146.07 in the previous year[15]. - The net cash flow from operating activities decreased significantly by 89.47%, amounting to CNY 446,771,886.29 compared to CNY 4,241,136,635.63 in the same period last year[15]. - The total assets of the company decreased by 6.32%, from CNY 26,332,319,980.87 at the end of the previous year to CNY 24,667,935,182.22[15]. - The net assets attributable to shareholders decreased by 14.13%, from CNY 5,566,184,918.91 to CNY 4,779,912,716.38[15]. - The basic earnings per share for the first half of 2024 was -CNY 0.41, compared to -CNY 0.11 in the same period last year[16]. - The weighted average return on net assets decreased by 11.60 percentage points to -15.00% from -3.40% in the previous year[16]. - The company achieved operating revenue of CNY 1.89 billion in the first half of 2024, a year-on-year increase of 2.05%[28]. - The net profit attributable to shareholders was a loss of CNY 777 million, an increase in loss of CNY 565 million compared to the same period last year[28]. - The company's total assets as of June 30, 2024, were CNY 24.67 billion, with net assets attributable to shareholders of CNY 4.78 billion[28]. Market Conditions - The company attributed the increased losses to the downturn in the real estate market, declining gross profit margins on project transfers, and provisions for asset impairments[16]. - In the first half of 2024, the total sales of the top 100 real estate companies in China amounted to CNY 2,083.47 billion, a year-on-year decrease of 41.6%[19]. - The sales area of commercial housing from January to June 2024 was 47.916 million square meters, down 19.0% year-on-year, with residential sales area decreasing by 21.9% to 40.114 million square meters[19]. - The real estate market is expected to gradually stabilize in the second half of 2024, with a narrowing decline in new housing sales due to supportive policies[19]. - The company is facing market risks due to a cautious consumer sentiment and insufficient demand in the real estate sector[37]. Strategic Initiatives - The company is focusing on enhancing its brand image through high-quality residential projects in cities like Zhuhai, Shanghai, Chongqing, and Sanya, with significant sales performance in the Sanya project[21]. - The company is actively promoting digital transformation in its commercial projects, including the "Zhuhai Duty-Free MALL" online platform, to enhance operational efficiency and sales performance[21]. - The company is pursuing a strategic investment in the biopharmaceutical sector, holding a 5% stake in Kehua Bio, to strengthen its position in the health industry[21]. - The company is implementing cost reduction and efficiency enhancement measures to mitigate risks associated with external uncertainties[21]. - The company is leveraging innovative marketing strategies, including AI viewings and live promotions, to drive sales recovery in its real estate segment[21]. - The company plans to adjust its major asset restructuring plan, aiming to transform into a consumer industry led by duty-free business[22]. - The company is actively pursuing strategic opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area and Hainan Free Trade Port[27]. Financial Risks and Management - Financial risks are present due to the capital-intensive nature of real estate development, necessitating careful cash flow management[38]. - The asset-liability ratio, excluding contract liabilities, increased by 2.58 percentage points to 77.31% compared to the end of the previous year[28]. - The company reported a significant increase in operating costs by 30.09% to CNY 1.71 billion, primarily due to increased costs in the real estate sector[28]. - The company recognized an impairment loss of CNY 198 million on long-term equity investments, accounting for 25.55% of the net profit attributable to shareholders for the first half of 2024[29]. - The company will continue to monitor national and local policy changes to improve its risk resilience[36]. Shareholder and Governance Matters - The company held its first extraordinary general meeting on February 23, 2024, and the second on April 2, 2024, with resolutions published on the Shanghai Stock Exchange[40]. - The company plans to distribute profits and does not intend to increase capital reserves for the half-year period[41]. - The sixth employee stock ownership plan's second lock-up period ended on March 10, 2024, with a total of 14,830,400 shares released, accounting for 0.79% of the company's total share capital[42]. - The company sold all 29,660,800 shares held under the sixth employee stock ownership plan by June 7, 2024[42]. - The company has made commitments to avoid competition with its main business and to improve governance structures, with long-term compliance expected[46]. - The company reported a fine of 3 million yuan due to information disclosure violations, as per the administrative penalty decision by the China Securities Regulatory Commission[48]. - The company has committed to providing accurate and complete information regarding its transactions and will bear legal responsibility for any misleading statements that cause investor losses[49]. Asset Management and Transactions - The company is in the process of divesting 100% equity stakes in several subsidiaries, including Shanghai Haikong Baolian Real Estate Co., Ltd. and Sanya Halian Construction Development Co., Ltd.[49]. - The company plans to transfer 51% equity of Zhuhai Duty-Free Group Co., Ltd. as part of the transaction[52]. - The company has fully paid its capital contribution to the duty-free group, with no issues regarding capital withdrawal or affecting its legal existence[52]. - The company guarantees that the transferred assets are free from any pledges, liens, or third-party rights[52]. - There are no ongoing or foreseeable litigation or arbitration disputes related to the ownership of the transferred assets[52]. - The company commits to timely changes in asset ownership as per the relevant agreements and to handle any outstanding matters during the transaction process[52]. - The company has no plans to reduce its holdings in Gree Real Estate from the date of the transaction proposal disclosure until the completion of the transaction[52]. Compliance and Legal Matters - The company has not faced any criminal investigations or administrative penalties related to securities violations in the last five years[55]. - The company has made commitments to ensure compliance with regulations regarding major asset restructuring and insider trading[54]. - The company has a history of ensuring that its board members and senior management are not involved in any insider trading related to significant asset restructuring[54]. - The company has not reported any significant changes in user data or market expansion strategies in the current report[56]. Share Capital and Ownership - The total number of ordinary shareholders as of the end of the reporting period is 59,273[67]. - The largest shareholder, Zhuhai Investment Holdings Co., Ltd., holds 847,339,780 shares, representing 44.95% of the total shares[67]. - The second-largest shareholder, Feng Junjue, increased his holdings by 15,679,695 shares to a total of 27,763,740 shares, accounting for 1.47%[68]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the first four shareholders alone holding over 50%[68]. - The company has not reported any changes in its share capital structure during the reporting period[66]. - The company has not issued any new shares or conducted any major capital restructuring in the first half of 2024[66]. Financial Instruments and Accounting Policies - The company recognizes financial assets and liabilities upon entering into a financial instrument contract[130]. - Financial assets are classified into three categories based on the business model and cash flow characteristics: amortized cost, fair value through other comprehensive income, and fair value through profit or loss[132]. - The company applies expected credit loss accounting for financial assets measured at amortized cost and those measured at fair value with changes recognized in other comprehensive income[142]. - The company assesses the cash flow characteristics of financial assets to determine their classification[136]. - The company measures fair value based on orderly transactions in the principal market or the most advantageous market, using observable inputs when available[152]. Asset Valuation and Impairment - The company conducts impairment testing for long-term assets, including goodwill and intangible assets, annually or when there are indications of impairment[176]. - The recoverable amount of assets is determined based on the higher of fair value less costs to sell and the present value of future cash flows[176]. - Impairment losses recognized cannot be reversed in subsequent periods[176]. - The company recognizes investment income from subsidiaries based on declared cash dividends or profits, while adjustments are made for equity method investments based on the share of net profit and other comprehensive income[161]. Revenue Recognition - The company recognizes revenue when control of goods or services is transferred to the customer, either at a point in time or over time based on performance obligations[192]. - For real estate projects, revenue is recognized when the property control is transferred to the buyer, and all related costs can be reliably measured[192]. Taxation and Deferred Tax - The company recognizes deferred tax assets and liabilities based on temporary differences between the carrying amounts of assets and liabilities and their tax bases[198]. - Deferred tax assets are confirmed only if it is probable that sufficient taxable income will be available to utilize the deductible temporary differences[199].

关于计提资产减值准备的公告 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个别及连带责任。 一、计提资产减值准备情况概述 根据《会计准则第 8 号—资产减值》《上海证券交易所股票上市规则》等相关 规定，为真实、准确、公允地反映公司财务状况、资产价值及经营成果，基于谨慎性 原则，公司对截至 2024 年 6 月 30 日合并报表中主要资产进行了减值测试，对合并 报表范围内可能发生资产减值损失的有关资产计提相应减值准备。 证券代码：600185 股票简称：格力地产 编号：临 2024-058 债券代码：185567、250772 债券简称：22 格地 02、23 格地 01 格力地产股份有限公司 公司本次计提资产减值准备的资产范围包括应收账款、其他应收款、存货、长 期股权投资、债权投资，计提各项资产减值准备合计 29,938.80 万元，占公司 2023 年 度经审计的归属于母公司所有者净利润绝对值的比例为 38.54%，具体情况如下： | 资产名称 | 计提减值准备金额 | 占公司 年度经审计的归属 2023 | | --- | --- ...

格力地产股份有限公司董事会 关于本次交易不构成《上市公司重大资产重组管理办法》 第十三条规定的重组上市情形的说明 一、交易方案概述 格力地产股份有限公司（以下简称"公司"）拟将持有的上海海控保联置 业有限公司100%股权、上海海控合联置业有限公司100%股权、上海海控太联 置业有限公司100%股权、三亚合联建设发展有限公司100%股权、重庆两江新 区格力地产有限公司100%股权及公司相关对外债务，与珠海投资控股有限公司 （以下简称"海投公司"）持有的珠海市免税企业集团有限公司51%股权进行 资产置换，资产置换的差额部分以现金方式补足（以下简称"本次交易"）。 二、构成重组上市的标准 根据《上市公司重大资产重组管理办法》第十三条规定："上市公司自控 制权发生变更之日起36个月内，向收购人及其关联人购买资产，导致上市公司 发生以下根本变化情形之一的，构成重大资产重组，应当按照本办法的规定履 行相关义务和程序： （一）购买的资产总额占上市公司控制权发生变更的前一个会计年度经审 计的合并财务会计报告期末资产总额的比例达到100%以上； （二）购买的资产在最近一个会计年度所产生的营业收入占上市公司控制 权发生变更的前一 ...

格力地产股份有限公司董事会 关于本次交易采取的保密措施及保密制度的说明 格力地产股份有限公司（以下简称"公司"）拟将持有的上海海控保联置业 有限公司 100%股权、上海海控合联置业有限公司 100%股权、上海海控太联置业 有限公司 100%股权、三亚合联建设发展有限公司 100%股权、重庆两江新区格力 地产有限公司 100%股权及公司相关对外债务，与珠海投资控股有限公司持有的 珠海市免税企业集团有限公司 51%股权进行资产置换，资产置换的差额部分以 现金方式补足（以下简称"本次交易"）。 综上所述，公司已采取必要措施防止保密信息泄露，严格遵守了保密义务， 公司及公司董事、监事、高级管理人员没有利用该等信息在二级市场买卖公司股 票之行为，也不存在利用该信息进行内幕交易的情形。 特此说明。 格力地产股份有限公司董事会 1、公司与交易对方对相关事宜进行磋商时，采取了必要且充分的保密措施， 参与项目商议的人员仅限于公司少数核心管理层，限定了相关敏感信息的知悉范 围，确保信息处于可控范围之内。 2、公司及公司相关人员，在参与制订、论证本次交易方案等相关环节严格 遵守了保密义务。 3、公司已根据《上市公司监管指引第 5 ...

格力地产股份有限公司董事会 关于本次交易信息公布前公司股票价格波动是否达到《上市公 司自律监管指引第 6 号——重大资产重组》相关标准的说明 根据上海证券交易所《上市公司自律监管指引第 6 号——重大资产重组》的 要求，格力地产股份有限公司（以下简称"公司"）就公司股票价格在重组方案 首次披露前的波动情况进行了自查，具体如下： 公司于 2024 年 7 月 8 日披露了《关于撤回发行股份及支付现金购买资产并 募集配套资金暨关联交易事项申请文件并拟对原重大资产重组方案进行重大调 整的公告》（以下简称"《公告》"）。《公告》披露前第 21 个交易日（即 2024 年 6 月 6 日）至前 1 交易日（即 2024 年 7 月 5 日）的收盘价格及同期大盘及行 业指数如下： 2 据此，剔除大盘因素及行业板块因素影响，公司股价在股价敏感重大信息公 布前 20 个交易日内累计涨跌幅未超过 20%，未达到《上市公司自律监管指引第 6 号——重大资产重组》规定的相关标准。 特此说明。 1 格力地产股份有限公司董事会 2024 年 8 月 29 日 | 股价/指数 | 披露前 | 21 | 个交易日 | | 披露前 | 1 ...

格力地产股份有限公司（以下简称"公司"）拟将持有的上海海控保联置业 有限公司 100%股权、上海海控合联置业有限公司 100%股权、上海海控太联置业 有限公司 100%股权、三亚合联建设发展有限公司 100%股权、重庆两江新区格力 地产有限公司 100%股权及公司相关对外债务，与珠海投资控股有限公司（以下 简称"海投公司"）持有的珠海市免税企业集团有限公司（以下简称"免税集团"） 51%股权进行资产置换，资产置换的差额部分以现金方式补足（以下简称"本次 交易"）。 公司董事会对本次交易是否符合《上市公司监管指引第 9 号——上市公司筹 划和实施重大资产重组的监管要求》第四条的规定进行了审慎分析，认为： 格力地产股份有限公司董事会 关于本次交易符合《上市公司监管指引第 9 号——上市公司 筹划和实施重大资产重组的监管要求》第四条规定的说明 综上，本次交易符合《上市公司监管指引第 9 号——上市公司筹划和实施重 1 大资产重组的监管要求》第四条规定的各项条件。 特此说明。 格力地产股份有限公司董事会 2024 年 8 月 29 日 1、本次交易的拟置入资产为免税集团 51%股权，除免税集团尚需就所属部 分划拨用地 ...

证券代码：600185 股票简称：格力地产 编号：临 2024-056 债券代码：185567、250772 债券简称：22 格地 02、23 格地 01 格力地产股份有限公司 董事会决议公告 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个别及连带责任。 一、董事会会议召开情况 格力地产股份有限公司（以下简称"公司"）第八届董事会第二十五次会议 于 2024 年 8 月 29 日以现场和通讯表决相结合的方式召开，会议通知于 2024 年 8 月 20 日以电子邮件方式发出。本次会议由公司董事长陈辉先生主持，会议应 出席董事 8 人，实际参加表决董事 8 人。本次会议的召集、召开符合《中华人民 共和国公司法》及公司《章程》规定。 二、董事会会议审议情况 （一）审议通过《2024 年半年度报告》全文及摘要； 表决情况：同意 8 票，反对 0 票，弃权 0 票。 详见公司于同日披露的《2024 年半年度报告》全文及摘要。 本议案在提交董事会前已经公司第八届董事会审计委员会第十一次会议审 议通过。 （二）审议通过《关于计提资产减值准备的议案》 ...

格力地产股份有限公司董事会 关于本次交易符合《上市公司重大资产重组管理办法》 2、本次交易不会导致公司不符合股票上市条件。 3、拟置入资产和拟置出资产的审计和评估工作尚未全部完成。最终交易价 格将以符合《证券法》规定的资产评估机构出具的评估报告所载明的并经有权国 有资产监督管理机构核准的评估结果为基础，由公司与交易对方协商并签订书面 1 协议予以确定，确保本次交易所涉及的资产定价公允，不存在损害公司和股东合 法权益的情形。 第十一条规定的说明 格力地产股份有限公司（以下简称"公司"）拟将持有的上海海控保联置业 有限公司 100%股权、上海海控合联置业有限公司 100%股权、上海海控太联置业 有限公司 100%股权、三亚合联建设发展有限公司 100%股权、重庆两江新区格力 地产有限公司 100%股权及公司相关对外债务，与珠海投资控股有限公司持有的 珠海市免税企业集团有限公司（以下简称"免税集团"）51%股权进行资产置换， 资产置换的差额部分以现金方式补足（以下简称"本次交易"）。 根据《上市公司重大资产重组管理办法》的要求，公司董事会就本次交易是 否符合《上市公司重大资产重组管理办法》第十一条的规定进行了审慎分 ...

证券代码：600185 股票简称：格力地产 编号：临 2024-059 债券代码：185567、250772 债券简称：22 格地 02、23 格地 01 格力地产股份有限公司 关于重大资产重组的一般风险提示公告 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个别及连带责任。 格力地产股份有限公司（以下简称"公司"）拟将持有的上海海控保联置业 有限公司 100%股权、上海海控合联置业有限公司 100%股权、上海海控太联置业 有限公司 100%股权、三亚合联建设发展有限公司 100%股权、重庆两江新区格力 地产有限公司 100%股权及公司相关对外债务，与珠海投资控股有限公司（以下 简称"海投公司"）持有的珠海市免税企业集团有限公司（以下简称"免税集团"） 51%股权进行资产置换，资产置换的差额部分以现金方式补足（以下简称"本次 交易"）。 2024 年 8 月 29 日，公司召开第八届董事会第二十五次会议、第八届监事会 第十六次会议审议通过了《关于<格力地产股份有限公司重大资产置换暨关联交 易预案>及其摘要的议案》等与本次交易相关议案，具 ...

上市地：上海证券交易所 证券代码：600185 证券简称：格力地产 格力地产股份有限公司 重大资产置换暨关联交易预案 | 项目 | 交易对方 | | --- | --- | | 重大资产置换 | 珠海投资控股有限公司 | 二〇二四年八月 声 明 本部分所述词语或简称与本预案"释义"所述词语或简称具有相同含义。 一、上市公司声明 本公司及全体董事、监事、高级管理人员保证本预案及其摘要的内容的真实、准确、 完整，对本预案及其摘要的虚假记载、误导性陈述或者重大遗漏负个别及连带责任。全 体董事、监事、高级管理人员承诺，如本次交易因涉嫌所提供或者披露的信息存在虚假 记载、误导性陈述或者重大遗漏，被司法机关立案侦查或者被中国证监会立案调查的， 在案件调查结论明确之前，将暂停转让其在本公司拥有权益的股份。 截至本预案签署之日，与本次重组相关的审计、评估工作尚未全部完成，相关资产 经审计的财务数据和资产评估结果将在重组报告书中予以披露。本公司及董事会全体成 员保证本预案及其摘要所引用的相关数据的真实性和合理性。 本预案及其摘要所述事项并不代表中国证监会、上海证券交易所对于本次重组相关 事项的实质性判断、确认或批准。 根据《证 ...