Core Viewpoint - China Communications Real Estate Company Limited (中交地产) reported a significant decline in performance for 2024, with a revenue of 18.302 billion yuan, a year-on-year decrease of 44.59%, and a net loss of 5.179 billion yuan, marking a substantial increase in losses by 221.44% [2][3] Financial Performance - The company experienced a continuous decline in performance over the past two years, accumulating losses of 6.8 billion yuan [2][4] - In 2023, the company reported a revenue of 32.468 billion yuan, down 15.60% year-on-year, and a net loss of 1.673 billion yuan [4][6] - Real estate sales revenue for the previous year was 17.181 billion yuan, a decrease of 46.69% [4][6] - The total sales amount for the company was 15.643 billion yuan, down 58.13% year-on-year, with a signed sales area of 853,200 square meters, a decrease of 52.51% [4][5] Business Strategy and Transition - In January 2024, the company announced its exit from the real estate business, focusing on light asset businesses such as property services and asset management [2][6] - The company plans to transfer its real estate development assets and liabilities to its controlling shareholder, China Communications Real Estate Group [6][7] - The company has restructured its real estate operations, reducing the number of city companies from 16 to 9 and simplifying management layers [4][6] Asset Management and Property Services - As of the end of 2024, the company held 117 real estate projects, primarily cooperative projects, with a total land area reduced to 10.45 million square meters [7] - The company reported a revenue of 172 million yuan from property leasing and 728 million yuan from property management, with the latter showing a year-on-year increase of 56.82% [7][8] - The company acquired 100% equity of a property company from its parent company, which contributed to the expansion of its property management business [8] Stock Market and Risk Warning - The company was placed under delisting risk warning and its stock name changed to "*ST中地" after a one-day suspension [2][8] - As of the end of 2024, the company's total assets were 107.698 billion yuan, with a net asset value of -3.579 billion yuan, leading to the delisting risk [8]

本报记者 李贝贝 上海报道 自2023年出现首亏后，2024年，中交地产股份有限公司（下称"中交地产"，000736.SZ）的亏损规模进一步扩大。 年报显示，公司2024年营业收入为183.02亿元，同比下降44.59%；净亏损为51.79亿元，同比下降221.44%。而由 于公司2024年末经审计的归属于上市公司股东的净资产为负值，中交地产的股票将于4月15日停牌一天，并将于4 月16日起被实施退市风险警示，公司股票也正式"披星戴帽"。 为摆脱退市风险、应对亏损，中交地产正计划将持有的房地产开发业务相关资产及负债转让至控股股东中交房地 产集团有限公司，"退房"后将聚焦于物业服务、资产管理与运营等轻资产业务。 就上述重大资产进展、如何提升轻资产业务营收等问题，《华夏时报》记者致电中交地产。公司方面向记者表 示，"重大资产重组事宜我们正在积极推进当中，目前正针对准备退出的资产进行资产评估及审计工作，达到披露 节点的时候会对外统一发布进展公告"。有关轻资产业务的相关信息，同样会以公告的形式进行披露。 亏损扩大，公司股票"披星戴帽" 4月15日早间，中交地产停牌。此前一天深夜，中交地产披露，公司将于2025年4月1 ...