Group 1: Financial Support for Industry Development - The document outlines support for technology innovation industries, encouraging financial institutions to innovate bill discount products and increase financing support for eligible enterprises in Nansha [1] - It emphasizes support for high-end manufacturing industries, including the issuance of technology innovation bonds and exploring mixed financing models [1][2] - The document highlights the importance of supporting digital industries by establishing data centers and enhancing cooperation with digital asset trading platforms [2] Group 2: Financial Services for Social and Economic Development - It promotes the facilitation of cross-border payment services, including expanding the pilot scope for Hong Kong and Macau residents to open accounts [3] - The document supports cross-border credit financing by encouraging cooperation among credit institutions in the Guangdong-Hong Kong-Macau region [3] - It aims to enhance the convenience of international professionals' practice by promoting mutual recognition of professional qualifications [3] Group 3: Development of Specialized Financial Services - The document encourages the innovation of green financial services, including the exploration of electricity futures and supporting enterprises in sustainable information disclosure [4] - It outlines the development of digital financial services, supporting the application of generative AI in finance and establishing a research think tank for digital finance [4][5] - The document supports the construction of a cross-border asset management center in the Guangdong-Hong Kong-Macau Greater Bay Area [5] Group 4: International Leasing and Factoring Business - It supports the exploration of international factoring business by qualified commercial factoring companies and encourages the use of foreign exchange income for domestic leasing [6] - The document promotes the development of a competitive leasing industry by providing policy support for aircraft, ships, and large equipment leasing [6]

的 临时受托管理事务报告 债券简称：22 金街 03 债券代码：149915.SZ 中信建投证券股份有限公司关于"22 金街 03"转售事项的临时受托管理事务报告 中信建投证券股份有限公司 关于 "22 金街 03"转售事项 受托管理人：中信建投证券股份有限公司 2025 年 5 月 8 日 中信建投证券股份有限公司关于"22 金街 03"转售事项的临时受托管理事务报告 重要声明 本报告依据《公司债券发行与交易管理办法》、《公司债券受托管理人执业 行为准则》、《债券受托管理协议》及其它相关信息披露文件以及金融街控股股份 有限公司（以下简称"发行人"或"公司"）出具的相关说明文件和提供的相关资料 等，由受托管理人中信建投证券股份有限公司（以下简称"中信建投证券"或"受 托管理人"）编制。中信建投证券编制本报告的内容及信息均来源于金融街控股 股份有限公司提供的资料或说明。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相 关事宜作出独立判断，而不应将本报告中的任何内容据以作为中信建投证券所作 的承诺或声明。在任何情况下，未经中信建投证券书面许可，不得将本报告用作 其他任何用途。 1 中信建投证券股 ...

| 证券代码：000402 | 证券简称：金融街 | | | 公告编号：2025-060 | | --- | --- | --- | --- | --- | | 债券代码：149916 | 债券简称：22 | 金街 | 04 | | 金融街控股股份有限公司 公司债券（22 金街 04）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 2022 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：22 金街 04，债券代码：149916）将于 2025 年 5 月 12 日支付自 2024 年 5 月 11 日到 2025 年 5 月 10 日期间的利息， 本次付息的债权登记日为 2025 年 5 月 9 日，凡在 2025 年 5 月 9 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 5 月 9 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 2022 年 5 月 1 ...

| 证券代码：000402 | 证券简称：金融街 | | | 公告编号：2025-059 | | --- | --- | --- | --- | --- | | 债券代码：149915 | 债券简称：22 | 金街 | 03 | | 金融街控股股份有限公司 公司债券（22 金街 03）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。 2、债券简称及代码：22 金街 03（149915）。 3、发行人：金融街控股股份有限公司。 4、发行规模：5 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：3.16%。 7、起息日：2022 年 5 月 11 日。 8、付息日：付息日为存续期内每年的 5 月 11 日（如遇非交易日，则顺延至 其后的第 1 个交易日）。 特别提示：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（第二期）（品种一）（债券简称：22 金街 03，债券代码：149915）将于 2025 年 5 月 12 日支付自 2024 年 5 月 11 日到 ...

| 证券代码：000402 | 证券简称：金融街 | | | 公告编号：2025-058 | | --- | --- | --- | --- | --- | | 债券代码：149915 | 债券简称：22 | 金街 | 03 | | 金融街控股股份有限公司 特此公告。 金融街控股股份有限公司 董事会 2025 年 5 月 8 日 关于"22金街03"债券持有人回售结果的公告 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 （第二期）募集说明书》（以下简称：《募集说明书》）的约定，"22 金街 03"债 券持有人有权选择在投资者回售登记期内（2025 年 3 月 25 日至 2025 年 3 月 27 日）进行登记，将持有的本期债券按面值全部或部分回售给金融街控股股份有限 公司，回售价格为 100 元/张（不含利息），回售资金兑付日为 2025 年 5 月 12 日， 本次回售资金已足额划转至中国证券登记结算有限责任公司深圳分公司。 根据中国证券登记结算有限责任公司深圳分公司提供的数 ...

证券代码：000402 证券简称：金融街 公告编号：2025-061 金融街控股股份有限公司 关于召开 2024 年度业绩说明会的公告 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。 为进一步加强与广大投资者的沟通交流，公司计划召开 2024 年度业绩说明 会，现将有关事项公告如下： 一、说明会召开的时间、地点和方式 会议召开时间：2025 年 5 月 14 日（星期三）15:00-16:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 二、参加人员 公司董事长、总经理、独立董事、董事会秘书、财务总监、负责投资经营的 副总经理参加本次业绩说明会。 金融街控股股份有限公司 董事会 2025 年 5 月 9 日 三、投资者参加方式 投资者可于 2025 年 5 月 14 日（星期三）15:00-16:00 通过网址活动链接： https://eseb.cn/1nlXtzNYb5e 或使用微信扫描下方小程序码即可进入参与互动交 流。投资者可于 2025 年 5 月 14 日前进行访问，点击"进入会议"进行会前提 问。 ...

推进房地产价值链一体化，核心主业保持增长 金融街在2024年年报中提及，公司新一轮发展战略明确"深耕精投五大城市群的中心城市，坚持以房地 产开发、资产管理、文化旅游、城市更新为核心业务，辅以资产支持证券业务，打造房地产全价值链一 体化业务平台，实现公司持续、稳定、健康发展"的发展思路和方向。 这一战略发展思路和方向反映了当前房地产行业的发展现状和预期，也体现了金融街自身优势所在。金 融街在新战略下调整并优化控股本部组织架构，增设城市更新管理部、文旅业务管理部、自持业务管理 部、开发业务管理部，提升业务专业管理水平，持续推动公司业务转型升级。 2024年，金融街房地产开发主业通过加强销售去化力度、持续盘活存量项目，销售增长显著。全年实现 销售签约额约194.5亿元(其中北京房山金悦郡和苏州融悦湾写字楼等项目实现整售)，实现销售签约面积 约121.2万平米，销售签约额在中国房地产销售额百亿企业排名提升至第47位。从产品类型看，公司住 宅产品实现销售签约额约175.9亿元(销售面积约104.5万平米)；商务产品实现销售签约额约18.6亿元(销 售面积约16.7万平米)。 "保交楼"始终是金融街的运营与管理核心，公司 ...

Core Insights - A-share listed companies demonstrated strong resilience in 2024, with total operating revenue reaching 62.33 trillion yuan, a year-on-year increase of 0.57%, and net profit attributable to shareholders of 5.06 trillion yuan, up 1.05% [1][2] - The growth was primarily driven by advancements in artificial intelligence (AI) technology, which significantly boosted demand in sectors such as GPU, PCB, and storage chips [2][3] - Despite overall growth, non-financial companies faced challenges, with a slight decline in revenue and a notable drop in net profit [1][3] Financial Performance - Among the 5402 listed companies, 4029 reported positive earnings, with 548 companies achieving over 100% growth in net profit [2] - The chemical company Zhengdan achieved a remarkable 119-fold increase in net profit, driven by soaring TMA prices due to supply-demand imbalances [2][3] - The semiconductor sector saw significant profit increases, with companies like Zhaoyi Innovation and Weir Shares reporting net profit growth of 584.21% and 498.11%, respectively [3] Sector Analysis - The AI sector is identified as a key growth driver, with companies in the GPU, PCB, and optical module industries experiencing substantial performance improvements [2][3] - The consumer electronics market is also rebounding, with a reported 5.6% year-on-year increase in smartphone shipments in China [3][4] International Expansion - A total of 3653 listed companies reported overseas revenue of 9.43 trillion yuan, accounting for approximately 20% of their total revenue [6][7] - Companies like Luxshare Precision and BYD achieved over 100 billion yuan in overseas revenue, with notable growth in emerging markets [6][7] - The internationalization strategies include local market investments and partnerships, particularly in Africa and the Middle East [7][8] Challenges and Losses - Despite overall positive performance, 124 companies reported net losses exceeding 1 billion yuan, with the real estate sector being particularly affected [9][10] - Vanke A led the loss rankings with a staggering 494.78 billion yuan loss, highlighting the difficulties faced in the real estate market [9][10] - The energy sector, including solar and lithium companies, also reported significant losses due to overcapacity and intensified competition [10] Regulatory Environment - The introduction of stricter delisting regulations is expected to normalize the delisting process, with 52 companies delisted in 2024 [11][12] - New rules include higher thresholds for financial delisting criteria, aiming to enhance market stability and protect investor interests [11][12]

Core Viewpoint - The company focuses on ensuring cash flow safety as its primary operational task, employing multiple strategies to enhance financial security and create a sustainable real estate value chain platform [1] Sales and Cost Management - The company has effectively accelerated sales and cost management, achieving a sales contract amount of approximately 19.45 billion yuan and a sales area of about 1.212 million square meters in 2024, ranking 47th among China's real estate companies with sales exceeding 10 billion yuan [2] - The company has actively disposed of inefficient assets, generating approximately 2.6 billion yuan from asset revitalization and achieving cash returns of about 800 million yuan [2] - Despite a significant 65.98% year-on-year increase in real estate development revenue, sales expenses only rose by 6.81%, and management expenses remained stable, indicating effective cost control [2] Financing and Debt Management - In 2024, the company diversified its financing channels, successfully issuing asset-backed securities with a total application scale of 17 billion yuan and raising 4.6 billion yuan through the first phase of CMBS [4][5] - The company reduced its interest-bearing debt by 2.339 billion yuan year-on-year, with cash balances reaching 12.811 billion yuan, ensuring coverage of short-term liabilities for five consecutive years [4] - The financing cost significantly decreased, with the company issuing medium-term notes at a historical low rate of 3.45% and corporate bonds at 2.73%, optimizing the debt maturity structure [5] Business Transformation and Synergy - The company is driving business transformation through a four-pronged approach: real estate development, asset management, urban renewal, and cultural tourism, which has led to a 5.42% increase in annual property operating income to 462 million yuan [6] - The stable cash flow from self-owned properties has been a key factor in achieving the highest AAA credit rating, reflecting the synergy between the company's operations and financing capabilities [7] - The company is positioned to explore new development models in the real estate sector, which may present structural opportunities supported by innovative financing strategies [7]

Core Viewpoint - In 2024, the real estate market in China is showing signs of recovery due to a series of policy measures aimed at stimulating demand and improving supply, leading to a more favorable environment for companies like Financial Street [1][7]. Financial Performance - Financial Street reported a revenue of 19.075 billion yuan in 2024, a year-on-year increase of 51.74%, while the net profit attributable to shareholders saw a loss due to various factors including declining gross margins and asset impairment [1]. - The company achieved a sales contract amount of approximately 19.45 billion yuan and a sales area of about 1.212 million square meters, ranking 47th among China's real estate companies by sales [2]. Operational Strategy - The company emphasizes cash flow safety as a primary goal, focusing on sales, operations, and financing to optimize its capital management system and maintain a stable asset-liability structure [2][3]. - Financial Street plans to enhance its sales efforts, manage costs, and promote asset turnover to ensure stable operations in 2025 [4]. Asset Management and Diversification - The asset management business is becoming increasingly important, with a focus on high-quality assets in core cities, achieving over 90% occupancy rates in several properties [5][6]. - The cultural tourism segment is emerging as a new growth engine, with the Mutianyu Scenic Area seeing a 34% increase in visitors and a 28% rise in revenue in 2024 [6]. Industry Outlook - The real estate industry is transitioning towards high-quality development, with companies like Financial Street leveraging their diversified business models to capture structural opportunities [7]. - The ongoing transformation in the real estate sector is expected to create a benchmark for proactive transformation among listed companies, positioning Financial Street for higher quality growth [7].