关于会计政策变更的公告 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。 杭州滨江房产集团股份有限公司(以下简称"公司")根据中华人 民共和国财政部颁布的《关于印发<企业会计准则解释第 17 号>的通 知》（财会〔2023〕21 号）（以下简称"准则解释第 17 号"）的要 求变更会计政策，无需提交公司董事会审议，现将本次会计政策变更 的具体情况公告如下： 一、本次会计政策变更概述 （一）变更原因及变更日期 2023年11月9日，财政部印发《准则解释第17号》，对"关于流动 负债与非流动负债的划分"、"关于供应商融资安排的披露"和"关 于售后租回交易的会计处理"的内容进行规范和明确，自2024年1月1 日起施行。由于上述会计准则修订，公司需对原会计政策相关内容进 行调整，并按以上文件规定的起始日开始执行上述会计准则。 证券代码：002244 证券简称：滨江集团 公告编号：2024-059 杭州滨江房产集团股份有限公司 1、变更前采取的会计政策 本次会计政策变更前，公司采用财政部颁布的《企业会计准则— —基本准则》和各项具体会计准则、企业会计准则应用指南、企业会 ...

Financial Performance - The company's operating revenue for the first half of 2024 was approximately ¥24.20 billion, a decrease of 10.46% compared to ¥27.03 billion in the same period last year[14]. - The net profit attributable to shareholders was approximately ¥1.17 billion, down 28.74% from ¥1.64 billion year-on-year[14]. - Basic earnings per share decreased by 30.19% to ¥0.37 from ¥0.53 in the same period last year[14]. - The net profit attributable to shareholders for the same period was CNY 1.166 billion, a decrease of 28.74% year-on-year, primarily due to a reduction in delivery volume and lower gross margins on delivered projects[21]. - The company reported a net profit of CNY 10,483,261.51 from the liquidation of Hangzhou Binwang Real Estate Development Co., Ltd.[67]. - The company reported a net profit of CNY 1,223,557,639.18 for the first half of 2024, down 37.0% from CNY 1,941,579,429.00 in the first half of 2023[125]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion CNY for the first half of 2024, representing a 15% year-over-year growth[149]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at approximately -¥4.58 billion, a significant decline of 116.62% compared to ¥27.59 billion in the previous year[14]. - The company reported a total cash inflow from financing activities of CNY 18,260,413,560.39, down from CNY 27,205,899,220.24 in the first half of 2023[129]. - The company's cash and cash equivalents decreased significantly to CNY 867.77 million from CNY 4.20 billion, a decline of about 79.3%[121]. - The total cash and cash equivalents at the end of the first half of 2024 stood at ¥861,151,478.54, up from ¥316,996,691.09 at the end of the first half of 2023, indicating improved liquidity[131]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥282.92 billion, a decrease of 2.45% from ¥290.03 billion at the end of the previous year[14]. - The company's total liabilities amounted to CNY 224.16 billion, down from CNY 231.58 billion, indicating a decrease of about 3.2%[119]. - The company's total equity rose to CNY 24,331,335,408.44, an increase of 6.1% from CNY 22,921,717,015.44[123]. - The company's total equity attributable to shareholders was ¥25,302,261,949.00 at the end of the reporting period, showing stability in shareholder equity[132]. Investment and Projects - The company added 10 new land reserve projects in Hangzhou during the reporting period, with a total planned construction area of 875,198 square meters and an equity land cost of CNY 11.22 billion[22]. - The company has multiple ongoing projects in Hangzhou, with a total planned investment of approximately ¥3.5 billion across various residential and commercial developments[28]. - The total presale area for the projects in Hangzhou reached 1,200,000 square meters, with a presale amount of 1,200 million yuan in the first half of 2024[31]. - The company is actively expanding its project portfolio in Hangzhou, focusing on residential and commercial properties to enhance market presence[29]. Market Position and Strategy - The company achieved a sales revenue of CNY 58.23 billion, ranking 8th in the industry according to CRIC, an increase of 3 positions compared to 2023[21]. - The sales target for 2024 is set at over CNY 100 billion, aiming for a national ranking within the top 15 in the industry[38]. - The company plans to expand its market presence by launching new residential and commercial projects in the coming quarters[32]. - The company is focusing on developing new technologies and products to enhance its competitive edge in the real estate market[31]. Risk Factors and Challenges - The company faces significant risks related to policy changes and the long development cycle of real estate projects, which may impact operational goals[2]. - The company has adjusted its accounting policies, which may affect the comparability of financial data[13]. - The company reported a significant reduction in tax and additional fees, down 74.72% to ¥196,292,463.95, due to lower land value-added tax[51]. Corporate Governance and Compliance - The company did not distribute cash dividends or issue bonus shares for this period[4]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[78]. - The company has a AAA credit rating, enhancing its financing advantages and reflecting strong asset quality and operational stability[46]. - The company has no significant litigation or arbitration matters pending, with a minor case involving RMB 32.59 million that is not expected to have a major impact[79]. Environmental and Social Responsibility - The company has implemented various environmental protection measures, including the use of energy-efficient materials and designs, aiming to create "green real estate" and reduce pollution throughout the construction lifecycle[74]. - The company has committed to a long-term rural revitalization strategy, planning to transform 15 administrative villages and nearly 100 natural villages over the next 5-7 years, benefiting approximately 17,000 residents[77]. - The company has received recognition for its rural revitalization efforts, including the "Hangzhou Charity Award" for rural revitalization and being named one of the "Most Beautiful Construction Groups" in the provincial housing and urban-rural development system[77].

证券代码：002244 证券简称：滨江集团 公告编号：2024-057 杭州滨江房产集团股份有限公司 关于竞得土地使用权的公告 2024 年 8 月 29 日，公司竞得下述地块的国有建设用地使用权： 二○二四年八月三十日 | 序 | 地块编号 | | 规划用途 | 建设用地面积 | 容积 | 土地总价 | 土地权益 | | --- | --- | --- | --- | --- | --- | --- | --- | | 号 | | | | (㎡) | 率 | (万元) | | | 1 | 杭政储出[2024]91 | 号 | 住宅 | 36826 | 1.9 | 160752 | 100% | 公司在上述项目中所占权益比例可能发生变化，上述比例仅供投 资者作阶段性参考。 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， 特此公告。 没有虚假记载、误导性陈述或重大遗漏。 杭州滨江房产集团股份有限公司 董事会 ...

关于为控股子公司提供担保的公告 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。 特别风险提示 证券代码：002244 证券简称：滨江集团 公告编号：2024—056 杭州滨江房产集团股份有限公司 截止本公告日，公司及控股子公司对外担保总额为 1,175,178.68 万元，占公司最近一期经审计净资产的 46.45%。 一、担保情况概述 （一）基本情况 为满足项目经营需要，公司控股子公司天台杨帆慈悦置地有限公 司（以下简称"天台杨帆公司"）拟向浙商银行股份有限公司申请人 民币2亿元的融资，为切实提高子公司融资效率，保障其良好经营，公 司拟按50%的股权比例为天台杨帆公司本次融资提供连带责任保证担 保，保证范围为天台杨帆公司本次未清偿债务的50%（最高本金限额为 1亿元）。合作方股东为天台杨帆公司本次融资提供110%最高全额连带 责任保证担保。 （二）审议程序 公司于 2024 年 4 月 25 日、6 月 17 日召开了第六届董事会第三十 四次会议及 2023 年年度股东大会，审议通过了《关于为控股子公司提 供担保额度的议案》，同意公司为资产负债率为 70%以上 ...

公司在上述项目中所占权益比例可能发生变化，上述比例仅供投 资者作阶段性参考。 特此公告。 杭州滨江房产集团股份有限公司 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。 2024 年 8 月 13 日，公司竞得下述地块的国有建设用地使用权： | 序 | 地块编号 | 规划用途 | 建设用地面积 | 容积 | 土地总价 | 土地权益 | | --- | --- | --- | --- | --- | --- | --- | | 号 | | | (㎡) | 率 | (万元) | | | 1 | 杭政储出[2024]80 | 号 住宅 | 20164 | 1.9 | 109920 | 100% | 证券代码：002244 证券简称：滨江集团 公告编号：2024-055 杭州滨江房产集团股份有限公司 关于竞得土地使用权的公告 董事会 二○二四年八月十四日 ...

证券代码：002244 证券简称：滨江集团 公告编号：2024—054 杭州滨江房产集团股份有限公司 关联交易公告 本公司及其董事、监事、高级管理人员保证公告内容真实、准确 和完整，并对公告中的虚假记载、误导性陈述或者重大遗漏承担责任。 一、关联交易概述 因个人需求，杭州滨江房产集团股份有限公司（以下简称"公司"） 副总裁郭清先生及其配偶王锦女士拟共同向公司控股子公司杭州滨 绿房地产开发有限公司（以下简称"滨绿公司"）购买武林壹号商品 房一套及相应车位，总金额 1694.0574 万元。沈于蓝女士拟向公司全 资子公司杭州滨融房地产开发有限公司（以下简称"滨融公司"）购 买御潮府商品房一套及相应车位，总金额 1033.9214 万元。根据《深 圳证券交易所股票上市规则》的相关规定，以上购房人为公司的关联 自然人，本次购买商品房的交易构成关联交易。 公司独立董事已就本次关联交易事项召开了专门会议并发表了 同意的独立意见。2024 年 8 月 9 日，公司召开第六届董事会第三十 八次会议，会议以 4 票同意、0 票反对，0 票弃权审议通过了《关于 关联交易的议案》，关联董事沈伟东先生回避表决。 根据《深圳证券交易所 ...

证券代码：002244 证券简称：滨江集团 公告编号：2024-053 杭州滨江房产集团股份有限公司 第六届董事会第三十八次会议决议 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。 杭州滨江房产集团股份有限公司(以下简称"公司")第六届董事 会第三十八次会议通知于 2024 年 8 月 4 日以专人送达、传真形式发 出，会议于 2024 年 8 月 9 日以通讯方式召开，应出席董事 5 人，实 际出席董事 5 人。本次会议召开程序符合《公司法》和《公司章程》 的规定。 会议以通讯表决的方式，审议并表决了以下议案： 一、审议通过《关于关联交易的议案》 因个人需求，公司副总裁郭清先生及其配偶王锦女士拟共同向公 司控股子公司杭州滨绿房地产开发有限公司购买武林壹号商品房一 套及相应车位，总金额 1694.0574 万元；沈于蓝女士拟向公司全资子 公司杭州滨融房地产开发有限公司购买御潮府商品房一套及相应车 位，总金额 1033.9214 万元。根据《深圳证券交易所股票上市规则》 的相关规定，以上购房人为公司的关联自然人，本次购买商品房的交 易构成关联交易。 公司独立董事 ...

2023 年年度利润分配实施公告 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。 一、股东大会审议通过利润分配方案等情况 1、杭州滨江房产集团股份有限公司（以下简称"公司"）2023 年 年度利润分配方案已获 2024 年 6 月 17 日召开的 2023 年年度股东大 会审议通过，具体内容为：以 2023 年 12 月 31 日的总股本 3,111,443,890 股为基数，向全体股东每 10 股派 0.90 元人民币现金 红利（含税），不送红股，不转增。剩余未分配利润结转以后年度。 若分红派息方案实施时公司总股本发生变化，将按照分配总额不变的 原则对分配比例进行调整。 2、本次实施的利润分配方案，与 2023 年年度股东大会审议通过 的分配方案一致。 证券代码：002244 证券简称：滨江集团 公告编号：2024－052 杭州滨江房产集团股份有限公司 3、自 2023 年年度利润分配方案披露至实施期间，公司股本总额 未发生变化。 4、本次利润分配方案距离股东大会审议通过的时间未超过 2 个 月。 5、公司目前尚未开立回购账户，不存在回购账户股份。 二、利润 ...

证券代码：002244 证券简称：滨江集团 公告编号：2024—050 杭州滨江房产集团股份有限公司 关于为控股子公司提供担保的公告 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。 特别风险提示 截止本公告日，公司及控股子公司对外担保总额为 1,146,187.76 万元，占公司最近一期经审计净资产的 45.30%。 一、担保情况概述 （一）基本情况 为满足项目经营需要，公司全资子公司杭州滨来置业有限公司（以 下简称"滨来公司"）拟向浙商银行股份有限公司申请人民币6.66亿 元的融资，为切实提高项目融资效率，保障项目的良好运作，公司拟 为滨来公司本次融资提供全额连带责任保证担保，同时公司拟以全资 子公司杭州滨科企业管理有限公司持有的滨来公司100%股权为本次融 资事项提供质押担保，保证金额为滨来公司本次未清偿债务的100%（最 高本金限额为6.66亿元），具体内容以相关担保文件为准。 （二）审议程序 公司于 2024 年 4 月 25 日、6 月 17 日召开了第六届董事会第三十 四次会议及 2023 年年度股东大会，审议通过了《关于为控股子公司提 供担保额度 ...

Investment Rating - The report gives Binjiang Group a "Recommend" rating for the first time, with expected PE multiples of 7/6/6 for 2024-2026 [2][43] Core Views - Binjiang Group is a leading real estate company in Hangzhou, with a deep-rooted advantage in the Zhejiang market centered around Hangzhou [2] - The company has been actively reducing financing costs and scaling back interest-bearing debt, adopting a "proactive crouching and crawling forward" strategy to navigate market fluctuations [2] - With policy support such as interest rate cuts and lower down payment ratios in 2024, the company's real estate development business is expected to recover as the market stabilizes [2] Company Overview - Binjiang Group was established in 1992 and has a first-class development qualification from the Ministry of Construction [6] - The company's businesses include real estate development, property investment, property services, hotel operations, and long-term apartment rentals [6] - As of Q1 2024, the top ten shareholders hold 71.14% of the shares, with the top five shareholders holding 64.73% [7] Financial Performance - In 2023, the company achieved revenue of 70.443 billion yuan, a year-on-year increase of 69.73%, with real estate sales contributing 69.335 billion yuan, up 70.49% [10] - The company's net profit attributable to the parent company was 2.401 billion yuan in 2023, a decrease of 35.52% YoY, mainly due to asset impairment provisions of 3.78 billion yuan and credit impairment provisions of 527 million yuan [10] - As of Q1 2024, the company achieved a net profit attributable to the parent company of 648 million yuan, a year-on-year increase of 19.77% [10] Sales and Investment - In 2023, the company achieved sales of 153.47 billion yuan, flat compared to the previous year, and sales area of 3.114 million square meters, up 12.62% [15][16] - As of H1 2024, the company achieved sales of 58.23 billion yuan, down 37.10% YoY, and sales area of 941,000 square meters, down 48.75% [15][16] - In 2023, the company added new projects with a total construction area of 3.33 million square meters, with land costs of 25.6 billion yuan, and 60% of the land reserve is in Hangzhou [18] Market Position in Hangzhou - In 2023, Hangzhou's land transfer revenue was 180.3 billion yuan, second only to Shanghai, with an average premium rate of 8.8%, ranking second among the top 20 cities [22] - Binjiang Group achieved sales of 127.67 billion yuan in Hangzhou in 2023, more than double that of the second-place Greentown China, and sales area of 2.672 million square meters, 1.65 times that of Greentown China [22] Financing and Debt - As of the end of 2023, the company's interest-bearing debt was 41.518 billion yuan, a decrease of 12.027 billion yuan from the end of the previous year, with bank loans accounting for 79.8% and direct financing accounting for 20.2% [26] - The company's average financing cost has been declining, from 5.2% in 2020 to 4.2% in 2023, and further to 3.7% as of May 24, 2024 [28][39] Profit Forecast - The report forecasts the company's revenue for 2024-2026 to be 73.009 billion yuan, 75.601 billion yuan, and 76.163 billion yuan, respectively [31] - The gross profit margin for real estate business is expected to be 13.15%, 12.54%, and 12.83% for 2024-2026, respectively [36]