时代中国控股2023年度报告

2023ANNUAL REPORT年 度 報 告 CONTENTS Awards Won by theCompany Corporate Milestones CorporateInformation Company Overview 1216 18 27 Directors and SeniorManagement Report of Directors Chairman’s Statement Financial Highlights 192 116 91 IndependentAuditor’s Report Corporate GovernanceReport Environmental, Socialand Governance Report CONSOLIDATED FINANCIAL STATEMENTS 199 197 198 201 Consolidated Statementof ComprehensiveIncome Consolidated Statementof Financial Position Consolidated Statementof Profi t or Loss Consolidated Statementof Changes in Equity 207 391 203 Notes to FinancialStatements Consolidated Statementof Cash Flows Five Year FinancialSummary COMPANY OVERVIEW COMPANY OVERVIEW Times China Holdings Limited (“Times China” or the “Company”,together with its subsidiaries, collectively the “Group”), China Fortune500 and Top 50 Real Estate Companies in China, has its shareslisted on the Main Board of The Stock Exchange of Hong KongLimited (the “SEHK” or the “Stock Exchange”) (stock code: 1233). 500501233 Founded in 1999, Times China has become a leading urbandevelopment service provider in China with its operation coveringvarious sectors, including residential development, industrial andcommercial development operation, as well as urban redevelopment,financial, long-term rental apartments, education, furniture andhome decorations. As of December 2023, the Group’s total assetsexceeded RMB121.1 billion. 1,211 13660 Times China has been focusing in the Guangdong-Hong Kong-Macau Greater Bay Area and taking steps to enter other regionsin China with high growth potential. Existing projects have coveredeconomically developed cities, including Guangzhou, Foshan,Dongguan, Zhuhai, Huizhou, Zhongshan, Jiangmen, Qingyuan,Zhaoqing, Shantou, Shanwei, Heyuan, Changsha, Wuhan, Chengdu,Nanjing and Hangzhou area, amounted to a total of 136 projects indifferent development stages, providing quality living apartments andservices for approximately 600,000 home owners. 500 Times China will continue to pursue the core values of “Love,Commitment and Creation”, endeavor to become a Global 500company, provide consumers with better products and services,create greater returns for its shareholders, and enable more peopleto live with the lifestyle they desire. CORPORATE MILESTONESCORPORATE MILESTONES •Entered Jiangmenmarket, adhering to thecorporate strategy of“Regional Focus, CitiesPenetration and ProductDiversification”•Transformed from atraditional propertycompany to a serviceprovider for urbandevelopment •Grand opening of“Times FavoriteCar Center”,the commercial complex,official completion ofTimes FavoriteCar Town industryin Foshan •MALL•Grand opening of TimesFun-in (Zhongshan),the first communityboutique mall •2020th anniversary•Times Neighborhoodspun off 2022 ••CR8Further expandedpresence by theopening of TimesFun-in CR8, the firstshopping mall inGuangzhou•Official release of“Times FavoriteCar Center”, thecommercial complexof Times Favorite CarTown in Foshan •Contracted salessurpassedRMB100.3 billion•Two industrial townprojects in Foshan,Times Favorite CarTown and TimesGlobal ChuangkeTown, commencedsuccessfully •Offi cially renamed asTimes China to identifyour new vision•Made a presencein Chengdu for thefi rst time, marking anew breakthrough ofstrategic layout •Entered Zhongshan,Qingyuan and Zhuhairesidential propertydevelopment markets,focusing on thedevelopment ofresidential propertyprojects•Times Laguna (Zhuhai)•Times Mont Blanc(Zhongshan)•Times King City(Qingyuan) •Contractedsales surpassedRMB19.5 billion•20First issuanceof bonds ofRMB2 billionin China •Positioned itselfas “Life Stylist”and started toestablish itsown competitivestrength •Successfully listedon the Main Board ofthe Stock Exchange•Contracted salessurpassedRMB10 billion 2014 •Contracted salessurpassed RMB29.3 billion•Entered Shenzhen,Huizhou andDongguan marketsso as to have a morecomprehensive layoutin the Pearl River Delta••Introduced the “Times •Future Towns” strategyso as to facilitate thetransformation andupgrade of nationalindustry •Contracted salessurpassed RMB15billion•2.25First issuance ofbonds ofUSD225 millionin Hong Kong •Times Chinawas establishedin 1999 andengaged in realestate business •Successfullyentered HunanChangsha market,bringing successfulproducts toChangsha•Times King City(Changsha) •Entered Foshanmarket, focusingon thedevelopmentof residentialproperty projects•Times King City(Foshan) AWARDS WON BY THE COMPANY 100Top 100 Private Enterprises in Guangdong Province 50Top 50 Private Enterprises in the Guangdong Service Industry 20231002023 Top 100 in the “Performance Index” among Commercial Real Estate Enterprises 2023202023 Top 20 Benchmark Park Operators in the Guangdong-Hong Kong-MacaoGreater Bay Area 2023202023 Top 20 Influential Industrial Operation Development Enterprises 20232023 China’s Best Commercial Enterprise Innovation Award AWARDS WON BY THE COMPANYAWARDS WON BY T