SBGCL(SH:600827)2024-09-09 08:56Group 1: Company Performance and Financials - The company reported a cash dividend ratio of 53.64% of the net profit attributable to shareholders for the year 2023 [2] - As of the end of 2023, the company had monetary funds amounting to 19.424 billion, trading financial assets of 2.186 billion, and other equity investments of 2.932 billion, totaling 24.542 billion [2] - After deducting short-term and long-term borrowings of 1.382 billion and 1.76 billion respectively, the remaining funds amount to 21.4 billion [2] Group 2: Strategic Initiatives and Future Plans - The company is considering a collaboration to create a "百联汽车奥特莱斯" project aimed at addressing the overstock of vehicles and enhancing consumer experience [2] - The company plans to issue "百联奥特莱斯 REITs" based on market conditions and development needs [3] - The second phase of the Qingpu百联奥特莱斯 project is expected to commence construction in October 2024 [3] Group 3: Investor Relations and Communication - The company held a performance briefing on September 6, 2024, to enhance communication with investors and gather feedback for future development [1] - The management emphasized the importance of maintaining a solid core business and enhancing competitive strength for sustainable high-quality growth [2] - The company reassured investors that all financial transactions are conducted at market rates and that it values investor returns [2]