新城发展2023 中期报告

Seazen Group Limited 分享喜悅不負情懷 CONTENTS 2536536467Condensed Consolidated Statement ofComprehensive Income68Condensed Consolidated Statement ofChanges in Equity70Condensed Consolidated Statement ofCash Flows72Notes to the Condensed ConsolidatedInterim Financial Statements Corporate Information Breakdown of Major Properties Management Discussion and Analysis Other Information Condensed Consolidated Statement ofFinancial Position 66Condensed Consolidated Statement ofProfit or Loss Corporate Information BOARD OF DIRECTORS Executive Directors Mr. Lv Xiaoping(Chief Executive Officer)Mr. Lu Zhongming Non-executive Directors Mr. Wang Xiaosong(Chairman)Mr. Zhang ShengmanMr. Qu Dejun(resigned on 16 February 2023) 20232 16 Independent Non-executive Directors Mr. Chen HuakangMr. Zhu ZengjinMr. Zhong Wei AUDIT COMMITTEE Mr. Chen Huakang(Chairman)Mr. Zhu ZengjinMr. Zhong Wei REMUNERATION COMMITTEE Mr. Zhu Zengjin(Chairman)Mr. Zhong WeiMr. Chen Huakang NOMINATION COMMITTEE Mr. Zhu Zengjin(Chairman)Mr. Lu ZhongmingMr. Zhong Wei ESG COMMITTEE ESG Mr. Wang Xiaosong(Chairman)Mr. Lv XiaopingMr. Zhang ShengmanMr. Lu ZhongmingMr. Qu Dejun(resigned on 16 February 2023) 20232 16 Corporate Information JOINT COMPANY SECRETARIES Ms. Zhang WanlingMs. Ng Sau Mei www.seazengroup.com.cn COMPANY’S WEBSITE www.seazengroup.com.cn AUTHORISED REPRESENTATIVES 99454503-7 Mr. Lu ZhongmingUnits 4503-7, 45/FThe Center99 Queen’s Road CentralHong Kong Ms. Ng Sau Mei31/F, Tower TwoTimes Square1 Matheson Street, Causeway BayHong Kong 131 REGISTERED OFFICE Grand PavilionHibiscus Way802 West Bay RoadP.O. Box 31119KY1-1205, Cayman Islands Grand PavilionHibiscus Way802 West Bay RoadP.O. Box 31119KY1-1205, Cayman Islands HEAD OFFICE 11/F, Seazen Holdings Tower BNo. 5, Lane 388, Zhongjiang Road, Putuo DistrictShanghaiPRC 3885B11 PRINCIPAL PLACE OF BUSINESS IN HONG KONG 31/F, Tower TwoTimes Square1 Matheson Street, Causeway BayHong Kong 131 Corporate Information LEGAL ADVISERS As to Hong Kong lawJingtian & Gongcheng LLPAs to Cayman Islands lawMaples and Calder Maples and Calder AUDITOR PricewaterhouseCoopersCertified Public AccountantsRegistered Public Interest Entity Auditor22/F, Prince’s BuildingCentralHong Kong 22 HONG KONG SHARE REGISTRAR Computershare Hong Kong Investor Services LimitedShops 1712-171617th Floor, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong 183171712-1716 PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Maples Fund Services (Cayman) LimitedP.O. Box 1093, Boundary HallCricket SquareGrand Cayman, KY1-1102Cayman Islands Maples Fund Services (Cayman) LimitedP.O. Box 1093, Boundary HallCricket SquareGrand Cayman, KY1-1102Cayman Islands LISTING INFORMATION 1030 Hong Kong Stock Code: 1030 Breakdown of Major Properties Breakdown of Major Properties Management Discussion and Analysis REVIEW AND PROSPECTS In the first half of 2023, amid severe challenges at home and abroad,Seazen Group Limited (the “Company” or “Seazen”) and its subsidiaries(collectively referred to as the “Group” or “Seazen Group”) activelydevoted its heart and strength in response to the government’s callingfor “guaranteeing house delivery and stabilizing people’s livelihood”,and delivered over 50,000 units of residential flat on schedule. For thefirst half of 2023, the Group recorded core net profit of approximatelyRMB1,565 million. The total commercial operating income amounted toapproximately RMB5.201 billion, representing a year-on-year increaseof 10.24%. Against the backdrop of a period of industry adjustment, theCompany has gained competitive edges with its “dual-driver” strategy. 20235202315.6552.0110.24% 20232023424516 In the first half of 2023, affected by overall macroeconomic environmentand the policies, the demand on real estate market continued to beweak with shrinking market scale. Though the entire industry wasunder substantial economic pressure, the Group managed to achievecontracted sales of approximately RMB42.4 billion and contracted salesof approximately 5.16 million square meters (“sq.m.”) in gross floor area(“GFA”) for the first half of 2023. We are clearly aware that no matterwhether the trend of the market is moving upward or downward, qualityproducts and services have always been the foundation of an enterprise.We are committed to gradually optimize our product structure and workhard to restore our profitability in the future. Large-scale market presence will continue to support the Group inovercoming the industry cycle. In the first half of 2023, the Group hasnewly opened 6 Wuyue Plazas. As of 30 June 2023, the number ofWuyue Plazas in operation has reached 146. The number of urbancomplexes of Wuyue Plazas in operation and under development bythe Group across the country has reached 205. As the economy hasgradually stabilized and the consumer’s confidence has cautiouslyrestored, Wuyue Plaza will, with its more diversified types of operationand trendy brands that are popular amon