新城发展2024 中期报告

Seazen Group Limited CONTENTS •54Condensed Consolidated Statementof Comprehensive Income•55Condensed Consolidated Statementof Changes in Equity•57Condensed Consolidated Statementof Cash Flows•59Notes to the Condensed ConsolidatedInterim Financial Statements 2Corporate Information 5Breakdown of Major Properties 27Management Discussion and Analysis Other Information 42 Condensed Consolidated Interim FinancialStatements •51Condensed Consolidated Statementof Financial Position •53Condensed Consolidated Statementof Profit 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 Shengman Independent Non-executive Directors Mr. Zhu ZengjinMr. Zhong WeiMs. Wu Ke(appointed on 28 June 2024)Mr. Chen Huakang(retired on 28 June 2024) 20246 2820246 28 AUDIT COMMITTEE Ms. Wu Ke(Chairman)(appointed on 28 June 2024)Mr. Zhu ZengjinMr. Zhong WeiMr. Chen Huakang(retired on 28 June 2024) 20246 2820246 28 REMUNERATION COMMITTEE Mr. Zhu Zengjin(Chairman)Mr. Zhong WeiMs. Wu Ke(appointed on 28 June 2024)Mr. Chen Huakang(retired on 28 June 2024) 20246 2820246 28 NOMINATION COMMITTEE Mr. Zhu Zengjin(Chairman)Mr. Lu ZhongmingMr. Zhong Wei ESG ESG COMMITTEE Mr. Wang Xiaosong(Chairman)Mr. Lv XiaopingMr. Zhang ShengmanMr. Lu Zhongming Corporate Information JOINT COMPANY SECRETARIES Ms. Zhang WanlingMs. Ng Sau Mei www.seazengroup.com.cn COMPANY’S WEBSITE www.seazengroup.com.cn AUTHORISED REPRESENTATIVES 3101006-1008 Mr. Lu ZhongmingSuites 1006-1008, 10/FICBC Tower3 Garden 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 Management Discussion and Analysis REVIEW AND PROSPECTS In the first half of 2024, the main tone of policies on real estate continuedto be relaxed, with the policy focus shifting to “destocking”. In terms ofdemand side, credit policies for residents have ushered in positive results.Most cities have lifted purchase restrictions and lowered the minimumrequirement of the interest rates on mortgage loans, and reduced thedown payment ratio for the loans on the first and second housing units. Interms of supply side, a real estate financing coordination mechanism wasestablished and its implementation has been accelerated. The centralbank has launched refinancing tools to support local state-owned assetscommittees in purchasing and storing existing commercial housing, andlocal governments have promoted “old for new” housing schemes. It isbelieved that the policy will provide continuous support to the market andpoint out the direction. 2024 202420245.720241-6612024630326.22235.54 In 2024, Seazen Group Limited (the “Company” or “Seazen”) andits subsidiaries (collectively referred to as the “Group” or “SeazenGroup”) continued to adhere to pursuing the goal of guaranteeingdelivery and credit, while actively seizing the opportunities for the growthof its construction management business to strengthen its expansionand operation capabilities. In the first half of 2024, the Group achievedsuccessful delivery of more than 57,000 residential units. Meanwhile, theconstruction management segment of Seazen has secured a number ofcontracted construction projects, and the contracted scale of contractedconstruction from January to June 2024 has leapt to top 61. During thesix months ended 30 June 2024 (the “Reporting Period”), the Grouprecorded contracted area sold of approximately 3,262,200 square meters(“sq.m.”) and contracted sales of approximately RMB23,554 million. 2024620246 3020162.1297.24% In terms of commercial operations, Seazen returned to its businessnature, adhered to long-termism, an