Core Viewpoint - China Resources Land released its 2024 Sustainable Development Report, showcasing its ESG responsibilities and achievements in a comprehensive manner [1][2][3] Environmental Dimension - The company actively responds to the national dual carbon strategy, integrating sustainable development concepts throughout the design, construction, and operation phases [1] - Total environmental protection investment reached 10.93 million yuan, with 15 subsidiaries obtaining ISO 14001 environmental management system certification [1] - Two new ultra-low energy and low-carbon building certification projects were added, bringing the total to 373 certified projects with a cumulative certified area exceeding 57.17 million square meters [1] - Investment in energy-saving and emission-reduction technology upgrades amounted to 8.2366 million yuan, with expected annual energy savings of 8 million kWh [1] - The company emphasizes ecological sustainability, having constructed and operated over 30 park projects in cities like Shenzhen, Chengdu, and Xi'an [1] Social Dimension - In 2024, the company added 2.82 million square meters of new land reserves, increasing the number of shopping centers to 92 and managing a cumulative area of over 76 million square meters in urban construction [2] - The construction area for affordable housing reached 19.15 million square meters, managing 56,000 rental housing units to address urban housing needs [2] - The company conducted 24,612 emergency drills with over 530,000 participants and organized 7,089 safety education activities, reaching over 260,000 individuals [2] - Since 2008, the company has been involved in the planning and construction of 13 Hope Towns to support rural revitalization [2] Governance Dimension - The company has enhanced its corporate governance by optimizing its top-down risk management framework [2] - A total of 103 training sessions on laws and regulations were conducted, covering over 17,000 participants [2] - The company obtained 1,346 registered trademarks, 1 famous trademark, 189 patents, and 80 software copyrights [2] - In 2024, the company released its sustainable development financial framework, receiving professional recognition from the Hong Kong Quality Assurance Agency (HKQAA) [2] - The company secured 8.5 billion yuan in new ESG loans, with a total of 28.8 billion yuan in outstanding loans aimed at promoting sustainable development and green supply chain transformation [2] Recognition - The company's efforts in the ESG field were recognized with a four-star rating in the GRESB global real estate sustainability assessment [3] - It was included in the Hang Seng Sustainable Development Corporate Benchmark Index and the ESG50 Index, ranking 7th in the State-owned Assets Supervision and Administration Commission's "Top 100 ESG Pioneers of Central Enterprises" and 10th in the "Top 100 ESG Pioneers of Chinese Listed Companies" by China Central Television [3]

Core Viewpoint - China Resources Land is launching a high-end residential strategy in Chongqing, focusing on the "宸系" (Chensystem) to redefine luxury living standards in the city [1][3]. Group 1: High-End Strategy - The company has been operating in Chongqing for 18 years, establishing a presence in key urban areas and enhancing the city's consumption capacity through two major shopping centers [1]. - The "宸系" strategy is based on data from over 5,000 high-net-worth families, aiming to meet the demands of high-end living experiences [3]. - Six core keywords—"extreme core, art, high configuration, advanced, master, and permanent property"—were introduced to define the high-end residential ideal in Chongqing [3]. Group 2: Quality Housing Standards - China Resources Land is committed to creating high-quality products, building on the standards set by the Ministry of Housing and Urban-Rural Development regarding "good houses" [3]. - The company presented a comprehensive housing creation system consisting of six core perspectives: architecture, design, environment, service, community, and brand, along with 18 standards and over 100 details [3][5]. Group 3: Luxury Residential Model - The company aims to establish a high-end residential value model that surpasses industry standards, focusing on asset stability, design aesthetics, comprehensive service, cultural alignment, and brand strength [5]. - The "嘉宸" (Jiachen) project was highlighted as a key offering, featuring a low plot ratio of 1.4 and innovative housing types designed to meet the needs of affluent buyers [5][7]. Group 4: Exclusive Owner Platform - The launch of the "润宸荟" (Runchen Club) platform aims to deepen the connection between developers and homeowners, offering exclusive member benefits and high-end community activities [7].

(Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號：1109) 29 April 2025 Letter to those shareholders who have elected to receive the printed form of corporate communications We are pleased to enclose the Annual Report 2024, the Circular dated 29 April 2025 and the Proxy Form for use at the annual general meeting on 6 June 2025 of China Resources Land Limited (the "Company"). Please note that the annual general meeting of the Company will be held at Ball Room, 1st Fl ...

(Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號：1109) 29 April 2025 Dear Shareholders, Letter to those shareholders who have elected to receive the corporate communications through the Company's website We hereby notify you that the following corporate communications of China Resources Land Limited (the "Company") in both English and Chinese are now available on the Company's website at www.crland.com.hk. Please note that the annual general meeting of the Compan ...

(Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號：1109) 29 April 2025 Dear Shareholders, Letter to new shareholders — election of means of receipt of corporate communications In order to protect the environment, China Resources Land Limited (the "Company") proposes that as a shareholder of the Company, you may choose to receive its Corporate Communications Note : (i) by electronic means through the Company's website at www.crland.com.hk (the "Electronic Communicat ...

Notification of publication of corporate communications on the Company's website (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號：1109) 29 April 2025 Dear Non-Registered Holder of Securities of the Company, • Annual Report 2024; and We hereby notify you that the following Corporate Communications Note (the "Current Corporate Communications") of China Resources Land Limited (the "Company"), in both English and Chinese, are now available on the Company's website at ...

（股票代码：01109.HK） （股票代码：01109.HK） CR LAND 华润置地官方微信 华润置地有限公司 China Resources Land Limited 深圳市南山区大冲一路华润置地大厦E座48楼 电话：0755-25856668 www.crland.com.hk 扫码查看企业评级档案 华润置 地可持续发展报告 时代之海，生生不息 华润置地创立三十年 以品质描绘城市万千生活 以奋斗筑就企业发展之路 峥嵘岁月，风雨同舟 在奔赴城市理想的道路上 我们以理想为帆 信任为桨 让更好的城市蓬勃生长 | 高管致辞 | PAGE / 03 | | --- | --- | | 关于本报告 | PAGE / 05 | | 关于华润置地 | PAGE / 07 | | 可持续发展管理 | PAGE / 11 | | 责任专题：为更好，再出发 | PAGE / 23 | | 第一章 ：品质营造美好人居 | PAGE / 27 | | 第二章 ：生态描绘城市绿洲 | PAGE / 47 | | 第三章 ：初心守护温暖家园 | PAGE / 71 | | 第四章 ：价值成就基业长青 | PAGE / 87 | | ...

普 通 決 議 案 – 1 – 1. 省 覽 及 考 慮 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度 已 審 核 之 財 務 報 告 與 董 事 會 報 告 及 獨 立 核 數 師 報 告。 2. 宣佈派發截至二零二四年十二月三十一日止年度之末期股息每股人民幣1.119 元。 3. (1) 重 選 李 欣 先 生 為 本 公 司 之 執 行 董 事； (2) 重 選 徐 榮 先 生 為 本 公 司 之 執 行 董 事； (3) 重 選 張 大 為 先 生 為 本 公 司 之 執 行 董 事； (4) 重 選 郭 世 清 先 生 為 本 公 司 之 執 行 董 事； (5) 重 選 陳 偉 先 生 為 本 公 司 之 執 行 董 事；及 (6) 授 權 董 事 會 釐 定 董 事 酬 金。 4. 續 聘 畢 馬 威 會 計 師 事 務 所 為 本 公 司 核 數 師 及 授 權 董 事 會 釐 定 其 酬 金。 5. 作 為 特 別 事 項，考 慮 並 在 認 為 適 當 時，通 過 下 列 決 議 案 為 普 通 決 議 案： （股份代號：1109） 股 東 週 年 大 會 通 告 香 ...

此 乃 要 件 請 即 處 理 閣 下 如 對 本 通 函 任 何 部 份 或 應 採 取 之 行 動 有 任 何 疑 問，應 諮 詢 閣 下 之 股 票 經 紀 或 其 他 註 冊 證 券 商、銀 行 經 理、律 師、專 業 會 計 師 或 其 他 專 業 顧 問。 閣 下 如 已 將 名 下 之 華 潤 置 地 有 限 公 司 股 份 全 部 售 出，應 立 即 將 本 通 函 連 同 隨 附 本 通 函 之 代 表 委 任 表 格 送 交 買 主 或 經 手 買 賣 之 銀 行、股 票 經 紀 或 其 他 代 理，以 便 轉 交 買 主。 香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 通 函 之 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 通 函 全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） （股份代號：1109） 建 議 購 回 股 份 及 發 行 股 份 之 一 般 授 權 及 重 選 退 任 董 ...

Financial Performance - In 2024, the company's revenue reached RMB 278.8 billion, representing an 11.0% year-over-year increase[11]. - The core net profit for 2024 was RMB 25.4 billion, reflecting an 8.5% decrease compared to the previous year[11]. - The recurring business revenue in 2024 was RMB 41.6 billion, which is a 6.6% increase year-over-year[11]. - The full-year dividend per share for 2024 was RMB 1.319, down 8.5% year-over-year[11]. - Revenue for 2024 reached RMB 278,799 million, reflecting an 11.0% increase from RMB 251,137 million in 2023[84]. - Gross profit for 2024 was RMB 60,334 million, down 4.5% from RMB 63,162 million in the previous year[84]. - Net profit attributable to owners of the Company for 2024 was RMB 25,577 million, a decline of 18.5% from RMB 31,365 million in 2023[84]. - Core net profit attributable to owners of the Company decreased by 8.5% to RMB 25,418 million from RMB 27,774 million[84]. - The gross profit reached RMB60.33 billion, with a comprehensive gross profit margin of 21.6%, down 3.6 percentage points year-on-year[130]. - The gross profit margin for the investment property business increased by 0.4 percentage points year-on-year to 70.0%[130]. Sales and Market Position - The contracted sales for 2024 amounted to RMB 261.1 billion, ranking third in the industry[13]. - Contracted sales for 2024 amounted to RMB 261,100 million, a decrease of 15.0% compared to RMB 307,033 million in 2023[84]. - The Group's contracted sales amounted to RMB261.1 billion, accounting for approximately 2.7% of total commercial housing sales in the PRC, with an industry ranking increase to 3rd place[92]. - Recognised revenue from development properties for 2024 was RMB237.15 billion, representing an increase of 11.8% YoY, while booked GFA decreased by 10.0% YoY to 10.65 million square meters[141]. Asset Management and Investments - By the end of 2024, the asset management scale reached RMB 462.1 billion, an 8.1% increase year-over-year[13]. - The Group acquired 29 projects with an equity investment of RMB52.6 billion, maintaining a focus of 94% on tier-one and tier-two cities[93]. - The Group achieved total comprehensive revenue of RMB278.8 billion in 2024, representing a year-on-year increase of 11.0%[126]. - The investment property business included significant projects such as Changsha MIXc with a total GFA of 255,000 square meters, fully attributable to the group[166]. - The Group acquired 29 high-quality land parcels in 2024, with a total land premium of RMB77.58 billion, adding 3.93 million square meters to its land bank[176][177]. Operational Metrics - The number of operational shopping malls by the end of 2024 was 92, with retail sales of RMB 195.3 billion, up 19.2% year-over-year[13]. - The average occupancy rate for newly opened malls in 2024 was 95.9%[59]. - Retail sales from shopping malls reached RMB195.3 billion, representing approximately 0.4% of national retail sales, with an operating profit margin of 61%[98]. - The total GFA of shopping malls increased by 19.0% YoY to 11.46 million square meters[150]. - The total carrying value of shopping malls after revaluation was RMB212.99 billion, accounting for 18.9% of the Group's total assets[150]. Financial Position and Debt Management - Total assets at year-end 2024 were RMB 1,128,394 million, down 5.3% from RMB 1,191,177 million in 2023[84]. - The total debt at year-end 2024 was RMB 259,782 million, an increase of 8.5% from RMB 239,529 million in 2023[84]. - Cash reserves at the end of 2024 increased by 16.5% year-on-year to RMB133.21 billion, maintaining low total interest-bearing gearing and net gearing ratios[120]. - The net interest-bearing debt-to-equity ratio was 31.9% as of December 31, 2024, down from 32.6% at the end of 2023, indicating a strong financial position[187]. - The Group maintained a low weighted average financing cost of approximately 3.11% as of December 31, 2024, a decrease of 45 basis points from 3.56% at the end of 2023[188]. Employee and Corporate Governance - The total number of employees in mainland China and Hong Kong was 65,785 as of December 31, 2024[200]. - The company offers performance bonuses and other employee benefits, including provident funds and insurance[200]. - The company maintains credit ratings of BBB+, Baa1, and BBB+ from S&P, Moody's, and Fitch respectively[193]. Sustainability and Community Impact - The Group's carbon emission intensity was reduced by 27.16% through energy-saving technologies, achieving zero carbon electricity usage upon opening for Xi'an MIXc[119]. - The Group constructed 19.15 million square meters of affordable housing, contributing to community welfare and rural revitalization[119].