证券代码：600340 证券简称：华夏幸福 编号：临2023-067 华夏幸福基业股份有限公司 关于控股股东一致行动人股份质押解除的公告 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、准确性及完整性承担法律责任。 重要内容提示: 截至2023年8月8日，华夏幸福基业股份有限公司（以下简称"公司"）控股 股东华夏幸福基业控股股份公司（以下简称"华夏控股"）及其一致行动人 合计持有公司股份569,323,233股，占公司目前总股本3,913,720,342股的 14.55%。华夏控股及其一致行动人持有公司股份累计质押合计382,085,111 股，占其持有公司股份的67.11%，占公司总股本的9.76%。 近日，公司收到控股股东华夏控股一致行动人北京东方银联投资管理有限公 司（以下简称"东方银联"）、鼎基资本管理有限公司（以下简称"鼎基资本"） 关于将其质押的部分本公司股份解除质押的通知，现将有关情况公告如下： 1 股东名称 东方银联 本次解质股份（股） 19,661,625 占其所持股份比例 100.00% 占公司总股本比例 0.50% 解质时间 2023 ...

证券代码：600340 证券简称：华夏幸福 公告编号：2023-066 华夏幸福基业股份有限公司 关于召开 2023 年第七次临时股东大会的通知 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： 一、召开会议的基本情况 (一)股东大会类型和届次 2023 年第七次临时股东大会 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2023 年 8 月 24 日 15 点 00 分 召开地点：河北省廊坊市固安科创中心二层会议室 8 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2023 年 8 月 24 日 至 2023 年 8 月 24 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为 ...

证券代码：600340 证券简称：华夏幸福 编号：临2023-065 华夏幸福基业股份有限公司 第八届董事会第七次会议决议公告 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、准确性及完整性承担法律责任。 一、 董事会会议召开情况 华夏幸福基业股份有限公司（以下简称"公司"）于 2023 年 8 月 3 日以邮 件方式发出召开第八届董事会第七次会议的通知，会议于 2023 年 8 月 8 日在北 京市朝阳区佳程广场公司会议室以现场结合通讯方式召开并表决。本次会议应出 席会议的董事 8 名，实际出席会议的董事 8 名。本次会议由公司董事长王文学先 生主持，公司董事会秘书、财务总监及监事列席了本次会议。会议的召集、召开 及表决程序符合《中华人民共和国公司法》及《华夏幸福基业股份有限公司章程》 的规定。 二、 董事会会议审议情况 （一）审议通过《关于公司购买董监高责任险的议案》 为进一步完善公司风险管理体系，促进公司董事、监事及高级管理人员充分 行使职权、履行职责，降低公司治理和运营风险，根据《上市公司治理准则》等 有关规定，公司拟为公司及董事、监事及高级管理人 ...

1 证券简称：华夏幸福 证券代码：600340 编号：临 2023-048 华夏幸福基业股份有限公司 关于参加河北辖区上市公司 2023 年投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，华夏幸福基业股份有限公司（以下简称"公 司"）将参加由河北证监局、河北省上市公司协会与深圳市全景网络有限公司联合举 办的"2023 年河北辖区上市公司投资者集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP,参与 本次互动交流，活动时间为 2023 年 5 月 30 日（周二）15:00-17:00。届时公司高管 将在线就公司 2022 年度业绩、公司治理、发展战略、经营状况和可持续发展等投资 者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与。 特此公告。 华夏幸福基业股份有限公司董事会 2023 年 5 月 26 日 ...

Financial Performance - The company's operating revenue for 2022 was approximately ¥31.94 billion, a decrease of 26.03% compared to ¥43.18 billion in 2021[22]. - The net profit attributable to shareholders for 2022 was approximately ¥1.58 billion, a significant recovery from a loss of ¥39.03 billion in 2021[22]. - The basic earnings per share for 2022 was ¥0.41, compared to a loss of ¥10.17 per share in 2021[23]. - The total assets of the company decreased by 7.34% to approximately ¥408.60 billion at the end of 2022, down from ¥440.96 billion at the end of 2021[22]. - The net assets attributable to shareholders increased by 48.51% to approximately ¥9.37 billion at the end of 2022, compared to ¥6.31 billion at the end of 2021[22]. - The company reported a net cash flow from operating activities of approximately ¥137.20 million in 2022, a recovery from a negative cash flow of ¥2.65 billion in 2021[22]. - The weighted average return on net assets for 2022 was 28.39%, an increase of 181.05 percentage points from -152.66% in 2021[23]. - Non-recurring gains for 2022 amounted to CNY 18.07 billion, significantly influenced by debt restructuring gains[28]. Debt Restructuring and Financial Strategy - The company has acknowledged significant uncertainties regarding its ability to continue as a going concern, as noted in the audit report[5]. - The company has committed to maintaining its debt obligations and ensuring equal rights among creditors as part of its operational principles[32]. - The company has restructured approximately RMB 1,806.24 billion of its financial debt, which is about 82.4% of the total financial debt of RMB 2,192 billion[34]. - The company has initiated cash payment arrangements totaling RMB 1.916 billion for creditors under the debt restructuring agreements[34]. - The "Happiness Selected" platform has compensated financial debts amounting to approximately RMB 74.27 billion, with creditors receiving about 19.55% equity in the platform[35]. - The company is committed to debt restructuring, adhering to the principle of "no evasion of debt" and actively addressing pain points in the restructuring process to ensure execution[200]. Business Transformation and Strategic Focus - The company has actively engaged in debt restructuring and business operations, transitioning from an "industrial new city operator" to an "industrial new city service provider" in 2022[31]. - The company aims to transform into an industrial new town service provider, focusing on government, residential, and enterprise services[36]. - The company has implemented a "three-service system" focusing on government services, residential services, and enterprise services as part of its strategic transformation[31]. - The company’s innovation strategy is centered on transforming into an industrial new city service provider, with a focus on market demand and internal capabilities[82]. - The company is focusing on diversifying cooperation subjects and integrating resources to improve the comprehensive service and development model of industrial new cities[193]. Market and Industry Trends - The real estate industry is gradually returning to normal, with a focus on major cities and structural opportunities under the "dual rental and purchase" policy[195]. - The commercial office market is expected to stabilize and recover, driven by policies aimed at expanding domestic demand and optimizing industrial structure[196]. - The urban property service sector is shifting towards integrated and intelligent services, tapping into a trillion-dollar market opportunity[197]. Project Development and Operations - The company reported a total of 74 projects and 77,852 units delivered since Q4 2020, with 74 projects and 77,346 units delivered in 2022 alone[32]. - The company has ongoing construction projects with a total area of 80.47 million square meters, indicating significant expansion efforts[154]. - The company has multiple ongoing residential projects, with a total area of 1,732,903.13 square meters under construction in the International Wenjingyuan project[153]. - The company is focusing on expanding its residential offerings, with multiple projects in various stages of development across different regions[153]. Revenue and Sales Performance - The company achieved total operating revenue of approximately CNY 31.94 billion, with quarterly revenues of CNY 4.18 billion, CNY 10.18 billion, CNY 7.62 billion, and CNY 9.96 billion respectively[25]. - The sales volume reached 13.973 billion yuan, down 50.39% year-on-year[113]. - The company reported a total sales amount of CNY 662,149.43 million during the reporting period[163]. - The total sales area reached 370,368.87 square meters[163]. Digital Transformation and Technology - The company has developed a digital platform utilizing 52 advanced algorithms, holding 22 national patents and 15 software copyrights, to enhance its investment attraction services[77]. - The company is leveraging digital technology to collect and share招商数据, enabling more precise and intelligent investment attraction strategies[194]. - The company has launched a comprehensive intelligent management system, "Happiness e-Butler," which significantly improves customer satisfaction and operational efficiency through digital solutions[92]. Customer and Supplier Relations - The company’s major customers accounted for 4.93% of total annual sales, indicating a diversified customer base[173]. - The company’s major suppliers accounted for 38.75% of total annual purchases, reflecting a moderate reliance on key suppliers[173].

2023年第一季度报告 证券代码：600340 证券简称：华夏幸福 华夏幸福基业股份有限公司 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。 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 ...

会议召开时间：2023 年 5 月 11 日（星期四）下午 16:00-17:00 关于召开 2022 年度业绩说明会的公告 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、准确性及完整性承担法律责任。 华夏幸福基业股份有限公司 会议召开地点： 上海证券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 5 月 4 日（星期四）至 5 月 10 日（星期三）16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 IR@cfldcn.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 华夏幸福基业股份有限公司（以下简称"公司"）已于 2023 年 4 月 29 日发 布公司 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 5 月 11 日下午 16:00-17:00 举行 2022 年度业绩说明会，就投资者关心的问题进行交流。 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥7,616,190,373.46, representing a year-on-year increase of 3.56%[5] - The net profit attributable to shareholders for Q3 2022 was -¥1,021,192,088.28, with a year-to-date net profit of -¥1,559,626,492.90, indicating a significant loss[5] - The basic earnings per share for Q3 2022 was -¥0.26, compared to -¥0.40 for the same period last year[6] - Total revenue for the first three quarters of 2022 was CNY 21,980,439,901.04, a decrease of 22.6% compared to CNY 28,422,467,237.27 in the same period of 2021[26] - The company reported a net loss of CNY 2,751,413,078.32 in retained earnings, compared to a loss of CNY 1,191,786,585.42 in the previous year[23] - In Q3 2022, the company reported a net loss of CNY 1,635,756,513.68, compared to a net loss of CNY 13,077,475,046.34 in the same period of 2021, indicating a significant improvement[27] - The total comprehensive loss for Q3 2022 was CNY 5,023,003,638.93, compared to a loss of CNY 12,873,748,532.85 in Q3 2021[28] - The company reported a total profit loss of CNY 1,491,869,268.43 in Q3 2022, compared to a loss of CNY 15,589,653,287.12 in Q3 2021[27] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥417,292,605,475.84, a decrease of 5.37% from the end of the previous year[6] - The equity attributable to shareholders decreased by 80.36% to ¥1,238,868,788.62 compared to the end of the previous year[6] - The total assets decreased to CNY 417,292,605,475.84 from CNY 440,964,154,092.08, reflecting a decline of 5.4%[23] - Current liabilities totaled CNY 268,680,700,246.59, down 26.3% from CNY 363,986,865,531.94 in the previous year[23] - The company's total liabilities amounted to CNY 400,801,915,139.06, a slight decrease from CNY 417,137,505,294.42[23] - Long-term borrowings increased to CNY 88,936,795,490.70 from CNY 31,147,467,390.12, indicating a significant rise[23] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥1,676,035,033.70[6] - The cash flow from operating activities decreased due to a reduction in cash payments for goods and services[11] - Operating cash flow for the first nine months of 2022 was CNY 15,084,245,354.61, down from CNY 28,942,837,242.43 in the same period of 2021, reflecting a decrease of approximately 48%[30] - The company’s net cash flow from operating activities in Q3 2022 was CNY 1,676,035,033.70, a recovery from a negative cash flow of CNY 4,892,963,491.48 in Q3 2021[31] - The cash flow from financing activities in Q3 2022 was negative at CNY -3,393,522,951.23, compared to a negative cash flow of CNY -9,351,538,470.56 in Q3 2021[32] Shareholder Information - The total number of ordinary shares at the end of the reporting period was 155,368[13] - The largest shareholder, Huaxia Happiness Holdings, holds 538,559,482 shares, representing 13.76% of the total shares[14] - China Ping An Life Insurance Company holds 414,223,338 shares, accounting for 10.58% of the total shares[14] - The total shares held by the top 10 shareholders amount to 654,778,018, which is 16.73% of the total share capital[16] - The company has a total of 985,729,553 shares held by China Ping An Life Insurance and its affiliates, representing 25.19% of the total share capital[16] - The company has 421,320,026 shares pledged and 756,845 shares frozen by Huaxia Happiness Holdings[14] Land and Development - The company has a land reserve of 472,853.72 square meters in the Gu'an area, with a planned construction area of 1,085,881.31 square meters[17] - In the Bazhou area, the company holds 846,383.00 square meters of land, with a planned construction area of 1,475,608.80 square meters[17] - The company has 166,633.37 square meters of land in the Yongqing area, with a planned construction area of 322,995.29 square meters[17] - The company has 95,830.23 square meters of land in the Dachang area, with a planned construction area of 203,453.44 square meters[17] - The total area of land held for development is 4,242,047.57 square meters, with 8,281,209.46 square meters of primary land being organized and 7,718,902.89 square meters planned for construction[19] - The company completed a total of 644,239.74 square meters of real estate projects in the third quarter of 2022[19] - The company has a 30% equity stake in the cooperative development project in the Handan area, involving 155,131.10 square meters of land[19] - The company has a significant cooperative development project in Guilin, with an 85% equity stake involving 559,317 square meters of land[19] Investment and Expenses - The company reported a net investment income of CNY 11,967,391,128.95, significantly higher than CNY 277,221,419.56 in the previous year[26] - Research and development expenses increased to CNY 6,489,259.57 from CNY 2,758,292.13, showing a growth of 135.5%[26] - The company incurred total operating expenses of CNY 14,857,681,164.30 in Q3 2022, compared to CNY 34,962,795,199.75 in Q3 2021, showing a reduction in expenses[31] - The company's total assets impairment loss for Q3 2022 was CNY 225,881,927.75, a significant decrease from CNY 1,915,382,091.58 in Q3 2021[27]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥14.36 billion, a decrease of 31.82% compared to ¥21.07 billion in the same period last year[25]. - The net profit attributable to shareholders of the listed company was approximately -¥538.43 million, compared to -¥9.48 billion in the same period last year[25]. - The net cash flow from operating activities was approximately ¥1.33 billion, a significant improvement from -¥4.77 billion in the same period last year[25]. - The total assets at the end of the reporting period were approximately ¥423.91 billion, a decrease of 3.87% from ¥440.96 billion at the end of the previous year[25]. - The net assets attributable to shareholders of the listed company were approximately ¥4.15 billion, down 34.19% from ¥6.31 billion at the end of the previous year[25]. - The basic earnings per share for the first half of 2022 was -¥0.14, compared to -¥2.62 in the same period last year[27]. - The weighted average return on net assets was -10.29%, an increase of 14.92 percentage points compared to -25.21% in the same period last year[27]. - The company reported a loss of RMB 1.105 billion from other non-operating income and expenses[31]. Debt and Liquidity - The company is currently implementing a debt restructuring plan due to liquidity challenges caused by macroeconomic and industry conditions[8]. - There are significant uncertainties regarding the company's ability to continue as a going concern, as noted in the audit report for the previous year[8]. - The company has signed debt restructuring agreements totaling RMB 120.315 billion, with interest reductions and waivers amounting to RMB 10.77 billion[36]. - The company has initiated cash payments totaling RMB 1.916 billion to creditors under the debt restructuring plan[36]. - The company is implementing a debt restructuring plan to address liquidity risks and restore normal operations[96]. - The company faced liquidity risks and debt overdue situations due to the macroeconomic environment and multiple rounds of the pandemic, impacting normal business operations[193]. - The company has initiated a debt restructuring plan to address liquidity and overdue debt risks, with support from local governments and financial institutions[194]. Business Strategy and Development - The company aims to transform into an industrial new city service provider, focusing on providing comprehensive solutions for industrial development and government services[39]. - The company plans to optimize its business portfolio into six core segments, including industrial city development, residential development, asset management, and investment attraction services[41]. - The company is focusing on developing new urban areas as part of the high-quality development strategy, aligning with national policies to enhance urbanization quality[54]. - The company is committed to exploring new development models in response to the pressures faced in the residential development market due to various economic factors[58]. - The company plans to implement a comprehensive strategy involving organizational and cultural restructuring to ensure the effective execution of its new strategic direction[46]. - The company is actively pursuing asset disposal and strategic partnerships to enhance asset value and improve liquidity[196]. - The company is committed to transforming into a service provider for new urban projects, aiming to create new growth momentum and revenue streams[196]. Market Conditions and Trends - The GDP for the first half of 2022 was approximately 56.26 trillion yuan, showing a year-on-year growth of 2.5%, with a slight recovery in the second quarter at 0.4%[47]. - The retail sales of consumer goods in June 2022 increased by 3.1%, recovering from a decline of 6.7% in May 2022, indicating a positive market trend[47]. - In the real estate sector, the total investment in real estate development in the first half of 2022 was 683.14 billion yuan, a year-on-year decrease of 5.4%[59]. - The residential sales area decreased by 26.6% year-on-year, with total sales amounting to 660.72 billion yuan, down 28.9%[59]. - The company reported a 25.3% year-on-year decline in funds received for real estate development, totaling 768.47 billion yuan[60]. - The commercial real estate sector faced significant challenges due to multiple COVID-19 outbreaks and a downturn in the overall real estate market, leading to a sharp decline in residential sales[104]. Project Development and Operations - As of the report date, the company has completed the resumption of operations for 70 projects, covering 9.33 million square meters, and delivered 60 residential projects totaling 63,000 units and 6.95 million square meters since Q4 2020[35]. - The company has created over 50 livable residential communities under the "Peacock City" brand, emphasizing convenient transportation, beautiful environments, and comprehensive amenities[86]. - The company has ongoing cooperative development projects involving 1,616,533.82 square meters of land, with an equity stake of 51% in the Harbin Songbei area and 85% in the Guilin Xing'an area[112]. - The company is actively expanding its residential and commercial projects across various regions, including Baoding and Beidaihe New District, with significant completed and ongoing investments[115][116]. - The company is focusing on both residential and commercial developments, with a diverse portfolio aimed at capturing various market segments[115]. - The company is expanding its market presence with new projects in multiple regions, focusing on residential and supporting facilities[129]. Financial Management and Investments - The company established new companies and invested a total of 3.328 billion yuan in equity investments, an increase of 62.74% compared to the same period last year[182]. - The company's long-term borrowings increased by 165.57% to 82,719,802,811.06 yuan compared to the previous year[179]. - The company’s cash flow from investment activities increased by 221.94% to 755,410,946.12 yuan compared to the same period last year[174]. - The company is investing in new technologies to improve construction efficiency and reduce costs, aiming for a 10% reduction in project timelines[165]. Sales and Revenue - The company reported a total of 21,720.38 million RMB in revenue from transferred areas in Dachang, indicating strong sales performance[147]. - The total area available for sale across various projects is 1,020,000 square meters, with 1,000,000 square meters already sold or pre-sold, indicating a sales rate of approximately 98%[163]. - The average selling price per square meter for the transferred area is approximately 12,000 yuan, reflecting a stable market demand[160]. - The company reported a revenue of 38,400.73 million for the transferred area in the Wuhan project, with a total of 21,063.42 square meters pending transfer[163].

Financial Performance - The company's operating revenue for Q1 2022 was ¥4,182,363,343.46, representing a decrease of 47.39% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was ¥2,774,717,962.64, while the net profit attributable to shareholders after deducting non-recurring gains and losses was -¥4,287,583,300.73[6]. - The net profit for the first quarter of 2022 was approximately ¥2.79 billion, compared to a net loss of ¥3.74 billion in the first quarter of 2021, marking a significant turnaround[43]. - The total comprehensive income for the first quarter of 2022 was approximately ¥2.82 billion, a significant improvement from a loss of ¥3.86 billion in the same period of 2021[43]. - The company's basic and diluted earnings per share were both ¥0.71[6]. - The company reported a basic earnings per share of ¥0.71 for the first quarter of 2022, compared to a loss per share of ¥1.08 in the first quarter of 2021[43]. - Total operating costs for the first quarter of 2022 were approximately ¥8.74 billion, down from ¥12.29 billion in the previous year, indicating a reduction of about 29.5%[40]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥311,911,925.36[6]. - The cash flow from operating activities for the first quarter of 2022 was approximately ¥311.91 million, a recovery from a negative cash flow of ¥2.57 billion in the same quarter of 2021[48]. - The company's cash and cash equivalents increased to ¥14,624,731,073.50 from ¥14,437,474,854.43, showing a growth of approximately 1.3%[31]. - The ending balance of cash and cash equivalents stood at $12.98 billion, down from $16.18 billion year-over-year[49]. - The net increase in cash and cash equivalents was $192.52 million, contrasting with a decrease of $9.29 billion in the previous year[49]. - Cash inflow from financing activities totaled $439.80 million, compared to $6.92 billion in the prior period[49]. - Cash outflow for debt repayment was $515.13 million, down from $6.07 billion year-over-year[49]. Assets and Liabilities - Total assets at the end of the reporting period were ¥433,267,980,604.78, a decrease of 1.75% from the end of the previous year[9]. - Current assets totaled ¥386,317,104,417.73 as of March 31, 2022, down from ¥392,470,413,957.64 at the end of 2021, reflecting a decrease of about 1.4%[31]. - Total liabilities amounted to ¥407,707,508,771.11, a slight decrease from ¥417,137,505,294.42, reflecting a decline of about 2.0%[37]. - The company's long-term borrowings increased significantly to ¥75,866,515,902.78 from ¥31,147,467,390.12, marking an increase of approximately 143.5%[37]. - The equity attributable to shareholders of the listed company increased by 44.56% to ¥9,118,327,142.23 compared to the end of the previous year[9]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 171,825[15]. - Huaxia Happiness Holdings Co., Ltd. holds 679,065,164 shares, accounting for 17.35% of the total shares[15]. - China Ping An Life Insurance Co., Ltd. - Self-owned funds holds 414,223,338 shares, representing 10.58% of the total shares[15]. - The total share capital of the company at the end of the reporting period is 3,913,720,342 shares[18]. - The top 10 shareholders collectively hold 19.14% of the total shares[18]. Debt Restructuring and Projects - The company reported non-recurring gains of ¥9,263,371,659.40 from debt restructuring[12]. - The company has signed debt restructuring agreements totaling 106.187 billion yuan as part of its debt restructuring plan[27]. - The company is actively coordinating with local governments to address liquidity issues and facilitate the implementation of its debt restructuring plan[26]. - The company has initiated new construction projects totaling 37,625.35 square meters in the first quarter of 2022, with completed projects amounting to 248,027.06 square meters[24]. Land and Development - The company holds a total of 4,251,828.43 square meters of land for development, with a planned construction area of 8,483,266.12 square meters[22]. - The company has a 71% equity stake in the land area of 51,073.43 square meters in the Jiangmen region, which includes a planned construction area of 127,683.58 square meters[22]. - The company has a 90% equity stake in the land area of 166,633.37 square meters in the Yongqing region, with a planned construction area of 322,995.29 square meters[21]. - The company has a 52% equity stake in the land area of 482,629.58 square meters in the Gu'an region, with a planned construction area of 1,085,881.31 square meters[21]. - The company has a 30% equity stake in the land area of 95,830.23 square meters in the Dachang region, with a planned construction area of 203,453.44 square meters[21]. - The company has a 35% equity stake in the land area of 846,383.00 square meters in the Bazhou region, with a planned construction area of 1,475,608.80 square meters[21]. Research and Development - Research and development expenses for the first quarter of 2022 were approximately ¥90,629, a decrease from ¥473,134 in the first quarter of 2021[40].