Financial Performance - The company's operating revenue for Q1 2025 was ¥2.59 billion, a decrease of 57.94% compared to ¥6.15 billion in Q1 2024[2] - The net profit attributable to shareholders was a loss of ¥381.67 million, worsening by 36.13% from a loss of ¥280.37 million in the same period last year[2] - The weighted average return on equity was -1.55%, a decline of 0.77 percentage points from -0.78% in the previous year[2] - The basic and diluted earnings per share were both -¥0.13, a decrease of 44.44% from -¥0.09 in Q1 2024[2] - Operating profit for Q1 2025 was reported at -¥520,098,440.33, worsening from -¥164,007,733.37 in the same quarter last year[32] - The total comprehensive loss for Q1 2025 was ¥427,708,834.64, compared to a comprehensive income of ¥217,454,804.45 in the same period last year[33] - The comprehensive income total was -¥136,843,923.45, compared to -¥74,427,939.49 in the previous period, indicating a worsening of approximately 84%[35] Cash Flow - The net cash flow from operating activities increased significantly by 408.29%, reaching ¥954.36 million compared to ¥187.76 million in Q1 2024[11] - The company maintained a cash flow from operating activities that remained positive during the reporting period, ensuring financial stability[20] - The net cash flow from operating activities for the first quarter of 2025 was ¥954,360,230.08, a significant increase from ¥187,758,736.84 in the previous period, representing a growth of approximately 408%[36] - The net cash flow from financing activities was -¥1,533,032,552.39, worsening from -¥996,961,124.48 in the previous year, reflecting a decline of approximately 54%[37] - The company reported a net cash flow from investment activities of ¥314,603,603.29, a substantial increase from ¥7,119,574.72 in the previous year, marking a growth of over 4,300%[37] - The total cash inflow from financing activities was ¥8,652,552,025.63, compared to ¥2,330,600,000.00 in the prior period, indicating a year-over-year increase of about 271%[37] - The total operating cash inflow for the parent company was ¥22,992,835,168.80, compared to ¥9,835,068,590.07 in the same period last year, representing an increase of approximately 134%[38] - The net cash flow from operating activities for the parent company was ¥2,865,102,463.77, a turnaround from a negative cash flow of -¥898,651,892.54 in the previous year[38] Assets and Liabilities - The total assets as of March 31, 2025, were ¥119.05 billion, a decrease of 2.12% from ¥121.63 billion at the end of 2024[2] - The total liabilities decreased from CNY 94.032 billion at the end of the previous year to CNY 91.878 billion[29] - The total current assets decreased from CNY 72.857 billion at the end of the previous year to CNY 69.977 billion[28] - The total liabilities due within one year decreased by 40.97% to ¥2.28 billion from ¥3.86 billion at the end of 2024[7] - The company's total equity as of March 31, 2025, was ¥31,963,239,990.60, down from ¥32,100,083,914.05 at the end of the previous year, indicating a decline of about 0.4%[31] - The total liabilities decreased to ¥64,070,081,346.60 from ¥67,186,668,736.85 year-over-year, reflecting a reduction of approximately 3.2%[31] Sales and Market Performance - In Q1 2025, the company achieved a sales contract amount of approximately RMB 2.75 billion, with a sales area of about 197,000 square meters[20] - Residential products accounted for RMB 2.38 billion in sales contracts, covering a sales area of 132,000 square meters, while commercial products generated approximately RMB 370 million in sales contracts over 65,000 square meters[20] - The overall sales area of commercial housing in China decreased by 3.0% year-on-year in Q1 2025, with a sales amount decline of 2.1%[18] - The company is actively adjusting its sales strategies in response to market changes to improve sales recovery[20] Financial Agreements and Guarantees - The total amount of guarantees provided for mortgage loans reached RMB 4.18777 billion by the end of the reporting period[23] - The company has signed a financial service agreement with Beijing Financial Street Group Financial Co., Ltd., with a transaction limit not exceeding RMB 8.204 billion[26] - The company has not provided guarantees for its controlling shareholders or related parties during the reporting period[25] Other Financial Metrics - The company's cash and cash equivalents decreased from CNY 12.811 billion to CNY 12.490 billion[28] - The accounts receivable increased from CNY 490.950 million to CNY 537.851 million[28] - The inventory decreased from CNY 50.989 billion to CNY 48.952 billion[28] - The total equity attributable to shareholders decreased from CNY 24.883 billion to CNY 24.501 billion[29] - The company's long-term borrowings increased from CNY 29.633 billion to CNY 31.518 billion[29] - The company's initial deposit balance at the beginning of the reporting period was CNY 1.261 billion, while the ending balance was CNY 1.201 billion, with a peak daily deposit amount of CNY 1.261 billion[27] - The initial loan balance at the beginning of the reporting period was CNY 2.044 billion, with no new loans added during the period, resulting in an ending loan balance of CNY 1.894 billion[27]

Financial Performance - The company's operating revenue for 2024 reached ¥19,074,882,169.66, representing a 51.74% increase compared to ¥12,570,632,811.21 in 2023[15]. - The net profit attributable to shareholders for 2024 was -¥11,083,720,499.52, a significant decline of 469.69% from -¥1,945,571,279.59 in 2023[15]. - The basic earnings per share for 2024 was -¥3.71, a decrease of 470.77% compared to -¥0.65 in 2023[15]. - The total assets at the end of 2024 were ¥121,632,781,386.67, down 15.75% from ¥144,371,852,580.58 at the end of 2023[15]. - The net assets attributable to shareholders decreased by 30.76% to ¥24,882,849,278.76 in 2024 from ¥35,938,181,588.51 in 2023[15]. - The cash flow from operating activities for 2024 was ¥5,998,297,835.63, a slight decrease of 0.98% from ¥6,057,775,306.87 in 2023[15]. - The weighted average return on net assets for 2024 was -36.44%, a decline of 31.17 percentage points from -5.27% in 2023[15]. - The company reported a total of four quarters with negative net profit attributable to shareholders, with the fourth quarter showing a loss of -¥8,468,755,065.93[21]. Market Conditions - In 2024, the national sales area of commercial housing decreased by 12.9% year-on-year, with a total sales area of 9.74 billion square meters[27]. - The sales amount of commercial housing in 2024 was 9.68 trillion yuan, reflecting a year-on-year decline of 17.1%[27]. - The average sales price of new residential properties in 70 large and medium-sized cities fell by 5.7% year-on-year in 2024[27]. - The residential land transaction area in 300 cities decreased by 22.7% year-on-year, with a total area of 3.8 billion square meters in 2024[28]. - The company’s residential land transaction amount in 2024 was 2.1 trillion yuan, down 27.6% year-on-year[28]. - The company’s sales area in key cities decreased by 11.0% year-on-year, while the sales amount dropped by 17.1%[31]. Strategic Initiatives - The company aims to ensure financial safety and promote transformation by controlling expenditures and reducing liabilities[34]. - The company revised its long-term development strategy to focus on five major urban clusters, emphasizing real estate development, asset management, cultural tourism, and urban renewal[42]. - The company plans to continue enhancing cash flow safety as a primary operational task, focusing on sales and project liquidation strategies[77]. - The company plans to invest in five major urban agglomerations, targeting projects supported by population and industry demand[117]. - The company will explore new business models such as urban renewal and long-term rental apartments to cultivate new growth points[117]. Asset Management - The asset management business generated revenue of approximately 2.29 billion CNY and an EBITDA of about 1.24 billion CNY, indicating stable operations[38]. - The company's real estate development business reported revenue of 16.72 billion CNY, a year-on-year increase of 65.98%, with residential products contributing 15.99 billion CNY[46]. - The property leasing business generated revenue of 1.73 billion CNY, a decrease of 5.28% year-on-year, while the property management business saw a revenue increase of 5.42% to 461.86 million CNY[47]. Governance and Management - The company has established a complete and independent organizational structure, separate from its controlling shareholder[134]. - The company has maintained a high level of governance, ensuring compliance with legal requirements and enhancing information disclosure to protect shareholder interests[128]. - The company is focusing on enhancing its management structure with experienced professionals from various sectors, including finance and real estate[142]. - The company has appointed new directors and supervisors, with the latest appointment of a director effective from August 1, 2024[140]. - The company has seen a transition in its executive team, with multiple vice presidents resigning on July 31, 2024, as part of a broader restructuring[141]. Risk Management - The company has committed to risk control and compliance, closely monitoring cash flow, sales, and construction timelines to mitigate potential risks[126]. - The company has established a management system for insider information, effectively controlling risks associated with insider trading[186]. - The company’s risk management committee reviewed the 2023 comprehensive risk management report and the 2024 semi-annual risk assessment report[180]. Employee and Training Initiatives - The total number of employees at the end of the reporting period was 1,933, with 2,496 employees receiving compensation[189]. - The company conducted extensive training programs, with over 7,500 participants in various training sessions, achieving an average satisfaction score of 97.38[192]. - The company has implemented a performance evaluation system for senior management, focusing on both short-term and long-term development[187]. Financial Management - The company plans not to distribute cash dividends or issue bonus shares for the 2024 fiscal year[196]. - The company has established a comprehensive internal control system that is effectively implemented, ensuring compliance with laws and regulations[185]. - The company has actively pursued new business growth points in response to macroeconomic changes and industry developments[197].

| 证券代码：000402 | 证券简称：金融街 | 公告编号：2025-042 | | --- | --- | --- | | 债券代码：148728 | 债券简称：24 金街 01 | | 金融街控股股份有限公司 公司债券（24 金街 01）2025 年付息公告 本公司及董事会全体成员保证信息披露的内容是真实、准确、完整的，没 有虚假记载、误导性陈述或者重大遗漏。 特别提示：金融街控股股份有限公司 2024 年面向专业投资者公开发行公司 债券（第一期）（品种一）（债券简称：24 金街 01，债券代码：148728）将于 2025 年 4 月 29 日支付自 2024 年 4 月 29 日到 2025 年 4 月 28 日期间的利息， 本次付息的债权登记日为 2025 年 4 月 28 日，凡在 2025 年 4 月 28 日（含）前 买入并持有本期债券的投资者享有本次派发的利息；2025 年 4 月 28 日卖出本 期债券的投资者不享有本次派发的利息。截至本公告披露日，公司已将本期债 券本次利息足额划付至中国结算深圳分公司指定的银行账户。 一、本期债券的基本情况 1、债券名称：金融街控股股份有限公司 20 ...

| 证券代码：000402 | 证券简称：金融街 | 公告编号：2025-041 | | --- | --- | --- | | 债券代码：149922 | 债券简称：22 金街 | 05 | 金融街控股股份有限公司 关于"22金街05"债券持有人回售申报情况的公告 本公司及董事会全体成员保证信息披露的内容是真实、准确、完整的，没 有虚假记载、误导性陈述或者重大遗漏。 根据《金融街控股股份有限公司 2022 年面向专业投资者公开发行公司债券 （第三期）募集说明书》（以下简称：《募集说明书》），金融街控股股份有限公司 分别于 2025 年 4 月 16 日、4 月 17 日、4 月 18 日发布了《金融街控股股份有限 公司关于"22 金街 05"票面利率调整及投资者回售实施办法第一次提示性公告》、 《金融街控股股份有限公司关于"22 金街 05"票面利率调整及投资者回售实施 办法第二次提示性公告》和《金融街控股股份有限公司关于"22 金街 05"票面 利率调整及投资者回售实施办法第三次提示性公告》。 根据《募集说明书》设定的回售选择权，"22 金街 05"债券持有人有权选择 在投资者回售登记期内进行登记，将持有 ...

| 证券代码：000402 | 证券简称：金融街 | 公告编号：2025-039 | | --- | --- | --- | | 债券代码：148276 | 债券简称：23 金街 03 | | 金融街控股股份有限公司 公司债券（23 金街 03）2025 年付息公告 2、债券简称及代码：23 金街 03（148276）。 3、发行人：金融街控股股份有限公司。 4、发行规模：5.7 亿元。 5、债券期限：5 年，附第 3 年末发行人调整票面利率选择权及投资者回售 选择权。 6、债券利率：3.25%。 7、起息日：2023 年 4 月 28 日。 本公司及董事会全体成员保证信息披露的内容是真实、准确、完整的，没 有虚假记载、误导性陈述或者重大遗漏。 特别提示：金融街控股股份有限公司 2023 年面向专业投资者公开发行公司 债券（第二期）（品种一）（债券简称：23 金街 03，债券代码：148276）将于 2025 年 4 月 28 日支付自 2024 年 4 月 28 日到 2025 年 4 月 27 日期间的利息， 本次付息的债权登记日为 2025 年 4 月 25 日，凡在 2025 年 4 月 25 日（含 ...

| 证券代码：000402 | 证券简称：金融街 | 公告编号：2025-040 | | --- | --- | --- | | 债券代码：148277 | 债券简称：23 金街 04 | | 金融街控股股份有限公司 公司债券（23 金街 04）2025 年付息公告 1、债券名称：金融街控股股份有限公司 2023 年面向专业投资者公开发行公 司债券（第二期）（品种二）。 2、债券简称及代码：23 金街 04（148277）。 3、发行人：金融街控股股份有限公司。 4、发行规模：10 亿元。 5、债券期限：7 年，附第 5 年末发行人调整票面利率选择权及投资者回售 选择权。 6、债券利率：3.60%。 7、起息日：2023 年 4 月 28 日。 本公司及董事会全体成员保证信息披露的内容是真实、准确、完整的，没 有虚假记载、误导性陈述或者重大遗漏。 特别提示：金融街控股股份有限公司 2023 年面向专业投资者公开发行公司 债券（第二期）（品种二）（债券简称：23 金街 04，债券代码：148277）将于 2025 年 4 月 28 日支付自 2024 年 4 月 28 日到 2025 年 4 月 27 日期间的 ...

| 证券代码：000402 | 证券简称：金融街 | | | 公告编号：2025-037 | | --- | --- | --- | --- | --- | | 债券代码：148269 | 债券简称：23 | 金街 | 02 | | 金融街控股股份有限公司 公司债券（23 金街 02）2025 年付息公告 本公司及董事会全体成员保证信息披露的内容是真实、准确、完整的，没 有虚假记载、误导性陈述或者重大遗漏。 特别提示：金融街控股股份有限公司 2023 年面向专业投资者公开发行公司 债券（第一期）（品种二）（债券简称：23 金街 02，债券代码：148269）将于 2025 年 4 月 24 日支付自 2024 年 4 月 24 日到 2025 年 4 月 23 日期间的利息， 本次付息的债权登记日为 2025 年 4 月 23 日，凡在 2025 年 4 月 23 日（含）前 买入并持有本期债券的投资者享有本次派发的利息；2025 年 4 月 23 日卖出本 期债券的投资者不享有本次派发的利息。截至本公告披露日，公司已将本期债 券本次利息足额划付至中国结算深圳分公司指定的银行账户。 公司在 2023 年 4 ...

| 证券代码：000402 | 证券简称：金融街 | | | 公告编号：2025-036 | | --- | --- | --- | --- | --- | | 债券代码：148268 | 债券简称：23 | 金街 | 01 | | 金融街控股股份有限公司 公司债券（23 金街 01）2025 年付息公告 本公司及董事会全体成员保证信息披露的内容是真实、准确、完整的，没 有虚假记载、误导性陈述或者重大遗漏。 特别提示：金融街控股股份有限公司 2023 年面向专业投资者公开发行公司 债券（第一期）（品种一）（债券简称：23 金街 01，债券代码：148268）将于 2025 年 4 月 24 日支付自 2024 年 4 月 24 日到 2025 年 4 月 23 日期间的利息， 本次付息的债权登记日为 2025 年 4 月 23 日，凡在 2025 年 4 月 23 日（含）前 买入并持有本期债券的投资者享有本次派发的利息；2025 年 4 月 23 日卖出本 期债券的投资者不享有本次派发的利息。截至本公告披露日，公司已将本期债 券本次利息足额划付至中国结算深圳分公司指定的银行账户。 公司在 2023 年 4 ...

金融街控股股份有限公司 证券代码：000402 证券简称：金融街 公告编号：2025-038 关于对外提供财务资助的公告 本公司及董事会全体成员保证信息披露的内容是真实、准确、完整的，没有 虚假记载、误导性陈述或者重大遗漏。 近日，公司按持股比例为天津盛世鑫和置业有限公司（以下简称"盛世鑫和"） 提供财务资助，财务资助金额 15,000 万元。 公司于 2024 年 4 月 10 日召开第十届董事会第十六次会议，于 2024 年 5 月 15 日召开 2023 年年度股东大会，审议通过了《公司 2024 年度预计新增财务资 助额度的议案》，同意公司根据经营工作安排，为开展房地产业务而成立、公司 持股且持股比例不超过 50%的项目公司提供财务资助，新增财务资助总额度不 超过 22 亿元。具体详见公司于 2024 年 4 月 12 日和 2024 年 5 月 16 日在指定媒 体上披露的《2024 年度预计新增财务资助额度的公告》和《金融街控股股份有限 公司 2023 年度股东大会决议公告》。 截至本公告披露日，上述财务资助额度已使用 2.8786 亿元，本次使用 1.5 亿 元，剩余 17.6214 亿元未使用 ...

Group 1 - The core viewpoint of the notification is to enhance the responsibility of insurance companies in managing their sales personnel and to improve the professionalism of insurance sales agents [1][2] - Insurance companies are required to take on the primary responsibility for compliance and risk management of their sales personnel, with specific roles assigned to the board, management, and branch offices [1] - The notification emphasizes the need for a comprehensive management system for insurance sales personnel, including recruitment, training, behavior control, and performance evaluation [1] Group 2 - The notification aims to guide the professional development of insurance sales personnel by optimizing the management mechanisms for insurance sales consultants [2] - It suggests creating a sustainable commission and incentive system for independent insurance agents while ensuring effective cost and risk management [2] - The notification encourages the simplification of sales team structures and the implementation of incentive policies that favor direct insurance sales consultants [2]