Financial Performance - In 2022, the company experienced its first loss since listing, facing significant operational pressure and challenges, marking the most difficult period since its establishment [2]. - The company's operating revenue for 2022 was CNY 76.77 billion, a decrease of 25.17% compared to CNY 102.58 billion in 2021 [17]. - The net profit attributable to shareholders for 2022 was a loss of CNY 10.91 billion, a decline of 387.05% from a profit of CNY 3.80 billion in 2021 [17]. - The basic earnings per share for 2022 was -CNY 1.3296, down 381.28% from CNY 0.4727 in 2021 [17]. - The total assets at the end of 2022 were CNY 392.92 billion, a decrease of 18.15% from CNY 480.06 billion at the end of 2021 [17]. - The net assets attributable to shareholders at the end of 2022 were CNY 68.86 billion, down 15.20% from CNY 81.20 billion at the end of 2021 [17]. - The cash flow from operating activities showed a net loss of CNY 11.64 billion in 2022, a decline of 606.94% from CNY 2.30 billion in 2021 [17]. - The weighted average return on equity for 2022 was -14.54%, a decrease of 19.27% from 4.73% in 2021 [17]. - The company reported a significant drop in net profit, indicating ongoing challenges in maintaining operational stability [17]. - The company has faced uncertainty regarding its ability to continue as a going concern, as indicated in the latest audit report [17]. Strategic Initiatives - The company implemented a series of reforms, achieving progress in professional integration and lean management, which significantly improved resource allocation efficiency [2]. - The company plans to enhance its "professionalization" awareness to improve value creation capabilities and strengthen its market competitiveness [3]. - The company aims for sustainable high-quality development, emphasizing the importance of long-term planning and immediate action to navigate current challenges [4]. - The company is committed to enhancing its operational quality through systematic improvement of key business processes and management elements [3]. - The company will focus on capital accumulation as a source for expanding reproduction, emphasizing the need for higher quality profits [3]. - The company is pursuing a market-oriented cooperation model to achieve mutual benefits with external stakeholders [3]. - The company is focusing on strategic adjustments to improve financial performance and market position moving forward [17]. Real Estate Development - The company has strategically positioned itself as a leader in theme parks and cultural tourism, with a focus on real estate development, creating a diverse portfolio of projects from 2015 to 2021 [25]. - In 2022, the company emphasized transformation and high-quality development in the real estate sector, implementing reforms in professional integration and lean management [25]. - The company has established a "two cores and three dimensions" development model in its tourism business, focusing on theme parks and cultural sites as key growth drivers [26]. - The company is actively exploring the development of affordable housing and talent housing, enhancing its product structure in the real estate sector [27]. - The company has several ongoing projects with significant remaining developable areas, including the Xi'an project with 26.23 million square meters and the Wuhan project with 57.69 million square meters [30]. - The company aims to enhance its market-oriented profit model and strengthen internal collaboration through specialized enterprises in tourism technology and travel services [26]. - The company has a total of 39 projects listed, with significant remaining developable areas across various locations, indicating strong future growth potential [30]. Financial Management - The company will not distribute cash dividends or issue bonus shares for the current year, indicating a focus on reinvestment [6]. - The company has clarified its headquarters' positioning to enhance control over new investments, ensuring prudent financial management [2]. - The company plans to optimize its capital structure and enhance cash flow management to maintain sufficient liquidity and cash reserves [81]. - The company is focusing on residential properties as a key sales asset and will control the proportion of self-owned assets to improve sustainable operating capacity [80]. - The company intends to explore new development models, including participation in government-subsidized housing projects and asset management capabilities [80]. Market Conditions - The total domestic tourism in 2022 was 2.53 billion trips, a decrease of 716 million trips year-on-year, reflecting the impact of economic pressures [23]. - The average urban unemployment rate in China for 2022 was 5.6%, reflecting ongoing economic challenges [23]. - The company is experiencing market risks from the ongoing low performance of the real estate market, which may affect its sales and inventory turnover [90]. - The company faces macroeconomic risks due to global economic instability and domestic demand fluctuations, which may impact its tourism and real estate businesses [89]. Corporate Governance - The company has established independent operations in business, personnel, assets, institutions, and finance, ensuring complete separation from its controlling shareholder [95]. - The company revised its governance documents to enhance corporate governance and investor relations management during the reporting period [94]. - The board of directors includes independent members with extensive experience in academia and industry, ensuring diverse perspectives in decision-making [102]. - The company has established a performance evaluation and incentive mechanism for senior management, with rewards based on the implementation of long-term strategic goals [111]. Environmental and Social Responsibility - The company achieved cost savings of nearly 3.5 million yuan and reduced carbon dioxide emissions by over 1,000 tons through the "12340" green low-carbon project in 2022 [138]. - The company is actively involved in the "OCT Phoenix Flower Carnival," which focuses on natural ecology and green low-carbon themes, featuring various public activities [140]. - The company invested CNY 464,000 in rural revitalization efforts in 2022 [143]. - The first grassland parent-child theme park, "Maple Fun Childhood," opened on October 1, 2022, in Inner Mongolia, marking a significant project for rural revitalization [143].

证券代码：000069 证券简称：华侨城 A 公告编号：2023-10 深圳华侨城股份有限公司 关于召开 2022 年年报线上业绩说明会 并征集问题的公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 深圳华侨城股份有限公司（以下简称"公司"）拟于 2023 年 3 月 31 日披露公司《2022 年年度报告》及其摘要，为便 于广大投资者更深入、全面的了解公司情况，公司拟通过全 景网举行 2022 年年报线上业绩说明会，具体安排如下: 一、业绩说明会安排 （一）会议时间：2023 年 3 月 31 日（星期五）15:00 （二）会议召开方式：网络视频直播 欢迎广大投资者积极参与。 特此公告。 深圳华侨城股份有限公司 董 事 会 （三）召开网址：投资者可以登录"全景• 路演天下" 网站（http://rs.p5w.net/）参与 （四）现场出席人员：公司管理层 第 1 页 二、征集问题事项 为做好中小投资者保护工作，增进投资者对公司的了解 和认同，提升公司治理水平，现向投资者提前征集公司 2022 年度业绩说明会相关问题。 投资者可于 2023 年 3 月 31 ...

Group 1: Company Strategy and Management - The company is actively revising its strategic plan to adapt to changes in the real estate industry, focusing on enhancing the professionalism and market-oriented operations of its real estate business [2] - The new chairman has emphasized three main requirements: advancing strategic planning, increasing professional integration, and implementing lean management practices [2] - The company has established a management system that categorizes its operations into several professional lines, including real estate, theme parks, traditional scenic spots, hotels, commercial properties, etc. [2] Group 2: Financial and Operational Insights - The company is currently studying policies related to equity financing opportunities in the real estate sector, which has been awaited for six years [1] - The company has a land reserve of approximately 17 to 18 million square meters, primarily located in three core cities: Suzhou in East China, and Shenzhen and Dongguan in South China [2] - The company plans to disclose significant developments regarding equity financing as they arise [1]

Group 1: Company Strategy and Development - The company will continue to promote the "Tourism + Real Estate" entrepreneurial model and innovate the "Tourism + Internet + Finance" compensation model, focusing on the development of "Cultural + Tourism + Urbanization" [1][2] - The company emphasizes strategic cooperation opportunities with industrial capital, finance, and internet giants to achieve low-cost expansion and provide a solid foundation for long-term development and transformation [2] Group 2: Land Acquisition and Expansion - In 2015, the company successfully acquired land in Beijing Fengtai and Nanjing Hexi, marking its first entry into Nanjing and resuming land acquisition in Beijing after several years [2] - The company expanded its land acquisition channels in Shenzhen by acquiring 51% of Hengxiangji Company, with the first old renovation project launched in November 2015 [2] Group 3: Product Development - The Shenzhen Happy Coast represents the company's latest generation of tourism products, integrating theme commerce with coastal tourism, leisure entertainment, and cultural creativity [3] - The Happy Coast model combines retail, dining, entertainment, office, apartments, hotels, and wetland parks into a unique business model, promoting innovation and development in China's theme commerce [3] Group 4: Performance Metrics - In 2015, the company achieved a total visitor reception of over 33 million, solidifying its position as "Asia's No. 1 and the world's No. 4" in the industry [3] - The company plans to leverage the mature Happy Valley product model for rapid growth through external expansion and resource integration, while enhancing the integration of its main business with the internet [3] Group 5: Management Output Business - The company has been exploring efficient and low-risk market expansion through a light asset approach, establishing a wholly-owned subsidiary in 2013 for management output business development [4] - The management company provided comprehensive consulting and operational services for the construction and management of the Happy Water World Park in Changde, Hunan, which opened in the summer of 2015 [4]

Group 1: Business Overview - The paper packaging business is a strong and profitable segment of the company, currently a core business of the subsidiary, Overseas Chinese Town Asia [2] - The company's development focus remains within China due to the significant market potential and familiarity with the domestic market [2] Group 2: Market Strategy - The company aims to gradually understand overseas markets and hopes to collaborate with international peers to promote Chinese characteristics [2] Group 3: Environmental Standards - Government projects have minimum greenery area requirements, which the company exceeds in planning and implementation, enhancing the value potential of real estate projects [3] Group 4: Hotel Management - The company operates hotels through two models: establishing its own hotel management company and utilizing third-party management companies [3] Group 5: Financial Metrics - The company's current asset-liability ratio is approximately 65% [3]