ANNUAL REPORT 2024 年 報 2 O2 4 ABOUT US Redsun Properties is a comprehensive property enterprise with established presence in the Yangtze River Delta region and dual-driven synergic development in property development and commercial real estate. We focus on residential property development, commercial property investment and operations as well as hotel operating management. Adhering to the core values of "professionalism and building credibility for the long term" and promoted the second entrepreneurial spir ...

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公告的內容概不負責，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公告全部或任何部分內容而產生 或因倚賴該等內容而引致的任何損失承擔任何責任。 Redsun Properties Group Limited 弘陽地產集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1996） 截 至2024年12月31日止年度 | | | | 2024年 | 2023年 | | --- | --- | --- | --- | --- | | | | 附 註 | 人民幣千元 | 人民幣千元 | | 收 | 入 | 5 | 11,305,674 | 19,794,695 | | 銷售成本 | | | (11,482,748) | (20,464,412) | | 毛 | 損 | | (177,074) | (669,717) | | 其他收入及收益 | | 5 | 20,820 | 39,185 | | 銷售及分銷開支 | | | (281,918) | (482,111) | | 行政開支 | | | (226,871) | (388,325) | | ...

Rsunച്ചബ 弘陽地產集團有限公司 Redsun Properties Group Limited (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: 1996 2024 INTERIM REPORT 中 期 報 告 canon CONTENTS目錄 | --- | --- | |------------------------------------------------------------------|-------| | Corporate Information 公司資料 | 2 | | Financial Highlights | 5 | | 財務摘要 | | | Business Review and Outlook | 6 | | 業務回顧及前景 | | | Management Discussion and Analysis | 8 | | 管理層討論與分析 | | | Corporate Governance and Other Informati ...

Financial Performance - Revenue for the six months ended June 30, 2024, was RMB 6,006.4 million, a decrease of 1.5% compared to RMB 6,098.7 million in the same period of 2023[2]. - Gross profit was RMB 532.0 million, with a gross profit margin of 8.9%[1]. - The company reported a net loss of RMB 1,710,314,000 for the six months ending June 30, 2024[8]. - The pre-tax loss for the six months ended June 30, 2024, was RMB 2,655,397,000, compared to a loss of RMB 1,784,029,000 for the same period in 2023, indicating an increase in losses[29]. - The group reported a loss before tax of approximately RMB 1,584.9 million for the six months ended June 30, 2024, compared to a loss of RMB 2,631.7 million in the same period last year[66]. - Total financing costs decreased to RMB 1,096,787,000 for the six months ended June 30, 2024, down from RMB 1,624,721,000 in the previous year, reflecting a reduction of approximately 32.3%[24]. - The total tax expense for the period was RMB 125,446,000, a decrease from RMB 211,916,000 in the same period last year, representing a reduction of about 40.7%[26]. Sales and Revenue Breakdown - Contract sales amounted to RMB 4.812 billion, with a total sales area of 365,810 square meters and an average selling price of RMB 13,155 per square meter[1]. - The property development segment generated revenue of RMB 5,723,157 thousand, while the commercial property investment and operation segment contributed RMB 270,104 thousand, and hotel operations brought in RMB 13,175 thousand[15]. - Property sales revenue decreased by 0.2% to approximately RMB 5,723.2 million, while commercial operation revenue decreased by 22.3% to approximately RMB 270.1 million[57]. - The company’s customer contract revenue for the six months ended June 30, 2024, was RMB 5,746,877 thousand, slightly lower than RMB 5,764,529 thousand for the same period in 2023[20]. Assets and Liabilities - Non-current assets totaled RMB 21.389 billion as of June 30, 2024, down from RMB 22.670 billion as of December 31, 2023[4]. - Current liabilities amounted to RMB 48.361 billion, a decrease from RMB 53.220 billion as of December 31, 2023[5]. - Total assets less current liabilities were RMB 18.830 billion, down from RMB 21.686 billion[5]. - The company's net asset value was RMB 12.326 billion, a decrease from RMB 14.824 billion as of December 31, 2023[5]. - Total assets as of June 30, 2024, amounted to RMB 67,190,997 thousand, down from RMB 74,906,438 thousand as of December 31, 2023[18]. - The total liabilities as of June 30, 2024, were RMB 54,864,859 thousand, a decrease from RMB 60,082,607 thousand as of December 31, 2023[18]. Cash Flow and Financing - As of June 30, 2024, the group had cash and bank balances of approximately RMB 2.07 billion, down from RMB 2.75 billion as of December 31, 2023[67]. - Total borrowings as of June 30, 2024, were approximately RMB 21.1 billion, a slight decrease from RMB 21.4 billion as of December 31, 2023[68]. - The current ratio was approximately 0.95 times as of June 30, 2024, down from 0.98 times on December 31, 2023[70]. - The cash-to-short-term debt ratio was approximately 0.12 times as of June 30, 2024, compared to 0.16 times on December 31, 2023[70]. - The company is seeking alternative financing and loans to meet existing financial obligations and future operational and capital expenditures[9]. Strategic Initiatives - A business strategy plan has been prepared, focusing on accelerating property sales[9]. - The company aims to recover outstanding sales proceeds more quickly and effectively control costs and expenses[9]. - The company plans to enhance online and offline integration and innovation, while also focusing on cash flow management and multi-channel financing to ensure financial stability[34]. - The company remains committed to its three strategic directions: maintaining a dual-driven industry combination of real estate and commerce, focusing on deepening its presence in Jiangsu, and ensuring sustainable quality development[32]. Market Conditions - The real estate market in China is expected to remain in a deep adjustment phase in the second half of 2024, with ongoing structural opportunities despite traditional development models accelerating transformation[34]. - As of June 30, 2024, the unsold area of commercial housing was 730 million square meters, reflecting a year-on-year increase of 15.2%[32]. Employee and Corporate Governance - The group had a total of 1,204 employees as of June 30, 2024, with 789 in real estate development, 331 in commercial property management, and 84 in hotel operations[73]. - The board of directors did not recommend any interim dividend for the six months ended June 30, 2024, consistent with the previous year[1]. Project Developments - The total land reserve area across various projects is 10,137,821 square meters, with 2,148,296 square meters completed and available for sale[53]. - The company has ongoing projects in Jiangyin with a land area of 203,609 square meters and a total construction area of 28,212 square meters, holding a 20% equity interest[43]. - The company is expanding its market presence with new projects in various regions, including a 47% equity interest in the Nanchang Zhongda Hongyang project with a total construction area of 23,845 square meters[44].

159 Consolidated Statement of Cash Flows 綜合現金流量表 162 Notes to Financial Statements 財務報表附註 352 Financial Summary 財務概要 弘陽地產集團有限公司 | 1 | - | | --- | --- | | ILC | | ABOUT US 關於我們 Redsun Properties is a comprehensive property enterprise with established presence in the Yangtze River Delta region and dual-driven synergic development in property development and commercial real estate. We focus on residential property development, commercial property investment and operations as well as hotel operating management. ...

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公告的內容概不負責，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公告全部或任何部分內容而產生 或因倚賴該等內容而引致的任何損失承擔任何責任。 Redsun Properties Group Limited 弘陽地產集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1996） • 合約銷售金額達人民幣218.29億 元，累 計 銷 售 面 積 為1,567,348平 方 米，平 均銷售價格為每平方米人民幣13,927元； • 收入為人民幣19,794.7百萬元，較2022年減少1.1%； • 毛損和毛損率分別為人民幣669.7百萬元及3.4%； • 淨虧損為人民幣7,739.7百 萬 元（2022年：淨虧損人民幣3,937.8百 萬 元）。 報表及附註 弘 陽 地 產 集 團 有 限 公 司（「本公司」或「公 司」）董 事（「董 事」）會（「董事會」）欣 然 公 佈 本 公 司 及 其 附 屬 公 司（統 稱「本集團」或「集 團」）截 至2023年12月31日 止 年 度（「報 告期間」）的 綜 合 業 績，連 同 去 年 同 期 的 ...

智通财经APP讯，弘阳地产(01996)发布公告，纽约梅隆银行伦敦分行向香港特别行政区高等法院提呈针对公司日期为2024年2月14日的清盘呈请，涉及金额不少于2.29亿美元的财务义务，即公司所发行于2023年到期的2亿美元9.50%有担保票据项下的付款金额。公司正就有关对该呈请的适当回应寻求法律意见。 于公告日期，有关该呈请尚未进行聆讯，且高等法院尚未对公司发出清盘令。公司已与持有大量优先票据的若干持有人保持持续沟通，并始终认为，基于各方一致意见的重组乃为所有持份者保存价值的最佳方法，因此符合所有持份者的最佳利益。公司仍致力于与其债权人沟通，以探索所有可行的选择，从而寻求针对当前情况的全面解决方案，并确保公司的长期未来，保障所有持份者的利益。 根据《公司(清盘及杂项条文)条例》(香港法例第32章)第182条，倘公司最终因该呈请而清盘，公司于开始清盘之日开始后就公司直接拥有的财产作出的任何产权处置、公司的任何股份转让或公司股东地位的任何变更将属无效，惟获高等法院授出认可令则作别论。倘该呈请其后被撤销、驳回或永久搁置，则于起始日或之后作出的任何有关产权处置、转让或变更均不受影响。 鉴于公司清盘条例第182条的影响 ...

中期報告 INTERIM REPORT 2023 Interim Report 2023 中期報告 CONTENTS 目錄 | Corporate Information | 2 | | --- | --- | | 公司資料 | | | Financial Highlights | 5 | | 財務摘要 | | | Business Review and Outlook | 6 | | 業務回顧及前景 | | | Management Discussion and Analysis | 11 | | 管理層討論與分析 | | | Corporate Governance and Other Information | 41 | | 企業管治及其他資料 | | | Interim Condensed Consolidated Statement of Profit or Loss | 61 | | 中期簡明綜合損益表 | | | Interim Condensed Consolidated Statement of Comprehensive Income | 62 | | 中期簡明綜合全面收入表 | | | ...

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公告的內容概不負責，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公告全部或任何部分內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 Redsun Properties Group Limited 弘 陽 地 產 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1996） 截至2023年6月30日止六個月的未經審核中期業績公告 2023年中期業績摘要 • 合約銷售金額達人民幣130.25億元，累計銷售面積為926,042平方米，平均銷售價 格為每平方米人民幣14,066元； • 收入為人民幣6,098.7百萬元，較2022年同期減少51.6%。商業經營及酒店經營收入 上升13.4%至人民幣365.1百萬元（2022年同期：人民幣322.1百萬元）； • 毛利和毛利率分別為人民幣86.3百萬元及1.4%，扣除本期計提的開發中物業及持 作出售的已完工物業減值虧損後毛利和毛利率分別為906.6百萬元及14.9%； • 淨虧損為人民幣2,843.6百萬元（2022年同期：淨虧損人民幣405.5百萬元）；及 • 董事會不建議 ...

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