Core Viewpoint - China Jinmao is committed to high-quality urban development and has achieved counter-cyclical growth during the real estate industry adjustment period by focusing on real estate development, premium holdings, quality services, and construction technology [1][2][3] Financial Performance - In 2024, China Jinmao reported a revenue of 59.053 billion yuan and a net profit attributable to shareholders of 1.065 billion yuan, marking a 115% year-on-year increase [2] - The company achieved a contracted sales amount of 98.3 billion yuan, ranking 12th in the industry, with 90% of sales coming from first- and second-tier cities [2][3] - Management expenses, sales expenses, and financial expenses decreased by 25%, 23%, and 16% respectively, showcasing effective cost control [2] Business Strategy - The company emphasizes high-quality products and services while optimizing its business layout to create greater value for shareholders [3] - China Jinmao's subsidiary, Jinmao Services, reported a revenue of 2.966 billion yuan, a 9.7% increase, and a net profit of 384 million yuan, reflecting strong internal collaboration [3] Product Innovation - China Jinmao has developed the "Three Understandings and Six Environments" system to enhance living quality, integrating technology with architecture to meet high-quality housing standards [5][6] - The "Jin Yu Man Tang" series of products has been well-received in major cities, demonstrating the company's ability to meet diverse market demands [7] Sustainable Development - The company has improved its ESG governance and received multiple recognitions, including an A rating from MSCI ESG and a four-star rating from GRESB [9] - China Jinmao has committed to sustainable practices, achieving 315 green building certifications by mid-2025, reflecting its dedication to long-termism and community integration [9][10]
解码中国金茂：产品力驱动逆周期增长 以“好房子”释放城市未来生命力