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2022年12月31日止年度業績公告 2022年業績公告財務摘要 • 合約銷售金額達人民幣352.02億元，累計銷售面積為2,598,417平方米，平均銷售價 格為每平方米人民幣13,548元； • 收入為人民幣20,013.4百萬元，較2021年減少25.0%。商業經營及酒店經營收入上 升8.0%至人民幣675.5百萬元（2021年：人民幣625.7百萬元）； • 毛利和毛利率分別為人民幣1,665.6百萬元及8.3%； • 淨虧損為人民幣3,937.8百萬元（2021年：淨利潤人民幣1,865.7百萬元）。 ...

Financial Performance - Contracted sales reached RMB19.61 billion, representing a year-on-year decrease of 60.1%[22] - Revenue decreased by 2.7% to RMB12,609.3 million compared to the corresponding period of 2021, with revenue from commercial and hotel operations increasing by 2.4% to RMB322.1 million[22] - Gross profit was RMB1,824.7 million, with a gross profit margin of 14.5%[22] - Net loss was RMB405.5 million, compared to a net profit of RMB990.0 million for the corresponding period of last year[23] - Net loss attributable to the parent was RMB691.0 million, compared to a net profit of RMB739.3 million for the corresponding period of last year[24] - The Group's revenue for the same period was RMB 12.61 billion, reflecting a year-on-year decrease of 2.7%[35] - The net loss for the Group during the reporting period was RMB 405.5 million[35] - Revenue from property sales decreased by 2.9% to approximately RMB 12,287.3 million, accounting for 97.4% of total recognized revenue[144] - Income from commercial operations increased by 6.3% to approximately RMB 310.1 million, primarily due to increased rental income from Jinan Hong Yang Plaza[137] - Income from hotel operations decreased by 47.0% to approximately RMB 12.0 million, mainly due to lower occupancy rates affected by the COVID-19 pandemic[138] - The Group reported a profit before tax of RMB80.8 million, a decrease of 95.3% from approximately RMB1,725.6 million in the same period last year, with a net loss of approximately RMB405.5 million compared to a net profit of RMB990.0 million last year[10][171][175] - Core net loss for the six months ended June 30, 2022, was approximately RMB467.7 million, compared to a core net profit of approximately RMB904.9 million for the same period last year[10][172][176] Cash Flow and Debt Management - As of June 30, 2022, cash and bank balances were approximately RMB9,502.4 million[24] - As of June 30, 2022, the net gearing ratio was 59.4%, with a cash to short-term debt ratio of 0.7 times[24] - Total borrowings as of June 30, 2022, amounted to approximately RMB27.61 billion, a decrease from approximately RMB34.14 billion as of December 31, 2021[12][174][180] - The Group repaid principal and interest on debt amounting to US$1,522.7 million during the six months ended June 30, 2022, including US$450 million in senior notes due in April 2022[13][187] - Assets with an aggregate value of approximately RMB37,155.0 million were pledged to secure credit facilities granted to the Group and its joint ventures and associates[14][186] - The Group's net gearing ratio was approximately 59.4%, an increase from 57.0% as of December 31, 2021[188][193] - The Group's debt to asset ratio was approximately 74.6% as of June 30, 2022, down from 76.1% as of December 31, 2021[188][193] - The current ratio was approximately 1.3 times as of June 30, 2022, compared to 1.38 times as of December 31, 2021[188][193] - The cash to short-term debt ratio was approximately 0.7 times as of June 30, 2022, a decrease from 1.41 times as of December 31, 2021[189][194] - The Group had capital and property development expenditure commitments of approximately RMB6.80 billion as of June 30, 2022, down from approximately RMB10.13 billion as of December 31, 2021[190][195] - The Group provided guarantees of approximately RMB12.09 billion for mortgage loans to purchasers as of June 30, 2022, an increase from RMB11.44 billion as of December 31, 2021[199] - Guarantees provided to joint ventures and associates amounted to approximately RMB5.57 billion as of June 30, 2022, down from RMB6.61 billion as of December 31, 2021[199] Market Conditions and Strategic Focus - The economic environment remains challenging, with limited effects from current policies and private property enterprises facing significant liquidity pressure[30] - The Group anticipates a decline in sales, investment, new starts, and land purchases due to economic downturns and low buyer confidence, with a continued focus on core cities for inventory replenishment[56] - The industry is returning to rationality, and the Group will continue to refine its product and service competitiveness to achieve steady and orderly development[63] - The second half of 2022 is expected to see continued efforts in macro-adjustment policies to stabilize market confidence and support housing demand[52] - The Group is focusing on premium areas in the Greater Jiangsu Region and the Yangtze River Delta Region to strengthen its market position[44] - The Group's operational strategies focus on guaranteeing delivery, safeguarding people's livelihood, and maintaining stability, with a commitment to delivering properties to owners in good quality[60] - The Group adopted robust financial strategies to ensure cash flow safety and improve operational efficiency during challenging market conditions[46] - Looking ahead, the Group aims to enhance product and service quality while stabilizing operations and optimizing cooperation[54] Property Development and Land Bank - As of June 30, 2022, the Group's total gross floor area of land bank was approximately 16,794,966 sq.m., including completed properties totaling 1,987,598 sq.m., rentable area held for investment totaling 1,003,361 sq.m., and properties under development totaling 13,804,007 sq.m.[77] - The total area of land bank held by the Group is approximately 16,794,966 sq.m., with significant projects in Xuzhou and Weifang[134] - The total area of land bank held for investment is approximately 1,200,000 sq.m., indicating a strong pipeline for future developments[128] - The company holds a total land bank area of 1,200,000 sq.m., indicating strong potential for future projects[107] - The company is actively expanding its market presence with new projects in cities like Chengdu and Zhengzhou, indicating a strategic focus on growth[112] - The company has several projects with significant land reserves, such as the project in Xiangyang with a total land bank of 260,002 sq.m.[112] Customer Satisfaction and Operational Efficiency - A total of 54 batches of properties were delivered, serving 27,078 households, with an overall delivery rate of 87.1%, an increase of 4.4% year-on-year[36] - The Group's overall customer satisfaction exceeded the industry average, with higher scores at every stage compared to similarly sized companies[37] - The customer satisfaction of the Group's shopping malls has been higher than the industry average, with steady increases in business revenue[45] - The Group's strategy includes expanding commercial operations and enhancing property management to improve rental income and occupancy rates[137] - The Group will continue to emphasize cash flow safety in its financial strategies, ensuring the safety of cash flow while enhancing internal competitiveness and improving quality[61]

Rsun翡ၻ 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 Rsun3680 场 ＡＮＮＵＡＬ ＲＥＰＯＲＴ 2021 年 報 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 ...

02 INTERIM REPORT 中 游 報 告 ULD 2017 Rsun 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 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 12 管理層討論與分析 ● Corporate Governance and Other Information 51 企業管治及其他資料 ● Independent Review Report 69 獨立審閱報告 ● Interim Condensed Consolidated Statement of Profit or Loss 71 中期簡明綜合損益 ...

Rsun翡ၻ 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 ＡＮＮＵＡＬ ＲＥＰＯＲＴ ２０２０ 年 報 milliam minus 新 मूं N TANTARIAL PROPERTY OF AND ABOUT US 關 於 我 們 Redsun Properties is a comprehensive property enterprise with established presence in the Yangtze River Delta region and keen on national expansion. We focus on residential property development, commercial property investment and operations as well as hotel operating managem ...

Rsun翡ၻ 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 2020 INTERIM REPORT 中期報告 CONTENTS 目錄 ● Corporate Information 2 公司資料 ● Financial Highlights 6 財務摘要 ● Business Review and Outlook 7 業務回顧及前景 ● Management Discussion and Analysis 12 管理層討論與分析 ● Corporate Governance and Other Information 36 企業管治及其他資料 ● Independent Review Report 53 獨立審閱報告 ● Interim Condensed Consolidated Statement of Profit or Loss 55 中期簡明綜合損益表 ● Inte ...

Rsun翡ങ 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 ANNUAL REPORT 年報 201 8 Trosport 放 庫 r =121 t ABOUT US Redsun Properties is a comprehensive property enterprise with established presence in the Yangtze River Delta region and keen on national expansion. We focus on residential property development and sales, commercial property investment and operations as well as hotel operations. Adhering to the core values o ...

Rsun翡ၻ 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 INTERIM REPORT 2019 CONTENTS 目錄 ● Corporate Information 2 公司資料 ● Financial Highlights 6 財務摘要 ● Business Review and Outlook 7 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 33 企業管治及其他資料 ● Independent Review Report 50 獨立審閱報告 ● Interim Condensed Consolidated Statement of Profit or Loss 52 中期簡明綜合損益表 ● Interim C ...

Rsuns48 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 2018 ANNUAL REPORT 2018 CONTENTS 目錄 ● Corporate Information 02 公司資料 ● Chairman's Statement 06 主席報告 ● Breakdown of Primary Properties 11 主要物業明細 ● Management Discussion and Analysis 22 管理層之討論及分析 ● Directors and Senior Management 55 董事及高級管理層 ● Directors' Report 69 董事會報告 ● Corporate Governance Report 112 企業管治報告 ● Environmental, Social and Governance Report 136 環境、 ...