绿城中国二零二三年年报

CORE VALUES Sincerity KindnessExquisiteness Perfection 6 DEVELOPMENT SYNERGIES Image Quality RefinementBrand Integrity Character CONTENTS目錄 095Report of the Directors129Independent Auditor’s Report139Consolidated Statement of Profit or Lossand Other Comprehensive Income141Consolidated Statement of FinancialPosition144Consolidated Statement of Changes inEquity146Consolidated Statement of Cash Flows150Notes to Financial Statements379Definition 004Corporate Information 008Chairman’s Statement 012Financial Highlights 016Property Portfolio 036Management Discussion and Analysis 062Biographical Details of Directorsand Senior Management 公司簡介Corporate Profile 綠城中國控股有限公司是中國領先的優質房產品開發及生活綜合服務供應商，以優秀的產品質量、獨特的建築美學、以人為本的服務保持行業引領地位。公司連續二十年榮獲「中國房地產百強企業綜合實力TOP10」1，所進駐重點城市客戶滿意度連續十三年保持領先，蟬聯產品力測評榜第一2，並獲得「房地產開發企業交付能力TOP5」「房地產開發企業穩健經營TOP10」等榮譽。 Greentown China Holdings Limited is a leading quality property developer and an integrated livingservice provider in China. It maintains a leadership position in the industry by virtue of the quality ofits properties, its unique architectural aesthetics, and its customer-centric services. The Company hasbeen awarded the “Top10 among 100 Chinese Real Estate Enterprises by Comprehensive Strength”1for 20 consecutive years and maintained a leading position in customer satisfaction in core cities inwhich it operates for 13 consecutive years, and ranked first in the product strength assessment lists forseveral consecutive years2as well as having been awarded the honors of “Top5 Real Estate Enterprisesby Delivery Capacity” and “Top10 Real Estate Developers with Steady Operation”. 綠城中國控股有限公司於1995年1月在中國杭州成立，2006年7月在香港聯交所上市，並先後引入九龍倉、中交集團作為重要股東。於本報告日期，綠城中國的最大單一股東中交集團持有本公司已發行股本總額約28.97%的權益。 Greentown China Holdings Limited was founded in Hangzhou, China in January1995 and listed on the Hong Kong Stock Exchange in July 2006. Wharf and CCCGwere introduced as substantial shareholders successively. As at the date of thisreport, CCCG, Greentown China’s single largest shareholder, was interested inapproximately 28.97% of the total issued share capital of the Company. Throughout 29 years of development, the Company has adhered to thedevelopment strategy of “quality first” and developed the upstream anddownstream of the real estate business to form three major segments, namely 歷經二十九年的發展，公司秉持「品質為先」的發展戰略指引，佈局房地產上下游業務，形成重資產、輕資產和「綠城＋」三大板塊。重資產板塊聚 ʮ̡ᔊʧCorporate Information 焦房產開發業務，在傳統開發業務基礎上，積極發展特色房地產業務，包括小鎮、城市更新等相關業務；輕資產板塊強化代建業務，2020年7月正式分拆綠城管理控股有限公司並於聯交所主板上市（股票代碼：09979），市佔率在行業中遙遙領先；「綠城＋」板塊發展和培育不動產產業鏈業務，建立產業生態圈，協同賦能主業。 asset-heavy, asset-light and “Greentown+”. The asset-heavy segment focuseson the real estate development business, and actively builds its featured realestate businesses, including town projects, urban renewal projects and otherbusinesses, on the foundation of its traditional development business. Theasset-light segment strengthens the project management business. In July2020, Greentown Management Holdings Company Limited was officially spunoff and listed separately on the Main Board of the Stock Exchange (stock code:09979), with a market share ranking far ahead in the industry. The “Greentown+”segment develops and cultivates the industry chain business of real estateand establishes an industrial ecosystem to collaborate and empower its mainbusiness. Being a professional developer of premium properties in China, Greentown Chinahas always insisted on innovation and continued to explore the relationshipbetween humans and their living space. Through creating aesthetically pleasingarchitecture, Greentown China is committed to building a better life for morepeople. Based in Zhejiang, the Company focuses its attention on core areas aswell as cultivating footprints in first- and second-tier cities and high quality third-and fourth-tier cities. Leveraging its superior development quality, premium landbank, highly effective organizational structure and high-calibre managementteam, Greentown China has established its brand image in all the cities whereit operates. The rich experience that Greentown has accumulated in developingnumerous high-quality projects together with its outstanding operationalcapabilities has served to provide strong momentum for its sustainabledevelopment. 作為中國精品物業營造專家，綠城中國一直堅持創新，不斷探索人居關係，在營造美麗建築的基礎上，致力於為更多人打造美好生活。公司立足於浙江，聚焦核心區域，深耕一二綫及優質三四綫城市。綠城中國憑藉優質的開發品質、高質的土地儲備、高效的組織架構、優秀的管理團隊，在業務所及的城市成功樹立品牌形象，並累積了大量高質量項目的開發經驗和卓越的營運能力，為可持續發展提供了強勁動力。 The Company has always adhered to its corporate values of “Sincerity, Kindness,Exquisiteness, Perfection”, and insisted on the “6 Development Synergies” of“Image for internal and external development, Quality for process, Refinement forworking, Brand for results, Integrity for teams, Character for spirits (內外出品相、過程求品質、工作有品位、結果樹品牌、隊伍講品行、精神顯品格)”, aiming toconstantly enhance its resilience for growth. In 2023, the Company maintained astable growth as it had ceaselessly increased efforts into innovative products andearned wide recognit