新城发展二零二四年年报

Seazen Group Limited 分享喜悅不負懷情 CONTENTS Consolidated Financial Statements 2Corporate Information •113Consolidated Statement of FinancialPosition•115Consolidated Statement of Profit orLoss•117Consolidated Statement ofComprehensive Income•118Consolidated Statement of Changesin Equity•120Consolidated Statement of CashFlows•122Notes to the Consolidated FinancialStatements 5Financial Summary/Financial Review 6Breakdown of Major Properties 24Management Discussion and Analysis 39Directors 45Report of the Directors 77Corporate Governance Report 100Independent Auditor’s Report Corporate Information BOARD OF DIRECTORS Executive Directors 20254 1 Mr. Lv XiaopingMr. Lu ZhongmingMr. Zhou Fudong(appointed on 1 April 2025) Non-executive Directors Mr. Wang XiaosongMr. Zhang Shengman(resigned on 1 April 2025) 20254 1 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 20246 2820246 28 Ms. Wu Ke(Chairman) (appointed on 28 June 2024)Mr. Zhu ZengjinMr. Zhong WeiMr. Chen Huakang(retired on 28 June 2024) 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 20254 120254 1 Mr. Zhu Zengjin(Chairman)Mr. Lu ZhongmingMs. Wu Ke(appointed on 1 April 2025)Mr. Zhong Wei(ceased on 1 April 2025) ESG ESG COMMITTEE Mr. Wang Xiaosong(Chairman)Mr. Lv XiaopingMr. Zhang Shengman(resigned on 1 April 2025)Mr. Lu ZhongmingMr. Zhou Fudong(appointed on 1 April 2025) 20254 120254 1 Corporate Information JOINT COMPANY SECRETARIES Ms. Zhang WanlingMs. Ng Sau Mei COMPANY’S WEBSITE www.seazengroup.com.cn www.seazengroup.com.cn AUTHORISED REPRESENTATIVES 3101006-1008 Mr. Lu ZhongmingSuites 1006-1008, 10/FICBC Tower3 Garden Road, CentralHong Kong 131 Ms. Ng Sau Mei31/F, Tower TwoTimes Square1 Matheson Street, Causeway BayHong Kong 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 3886A15 15/F, Seazen Holdings Tower ANo. 6, Lane 388, Zhongjiang Road, Putuo DistrictShanghaiPRC 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 LLP Maples and Calder Maples and Calder AUDITOR 2811 Grant Thornton Hong Kong LimitedCertified Public AccountantsRegistered Public Interest Entity Auditor11/F, Lee Garden Two, 28 Yun Ping RoadCauseway BayHong Kong HONG KONG SHARE REGISTRAR MUFG Corporate Markets Pty LimitedSuite 1601, 16/F, Central Tower28 Queen’s Road CentralHong Kong MUFG Corporate Markets Pty Limited28161601 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 Hong Kong Stock Code: 1030 1030 Breakdown of Major Properties Management Discussion and Analysis BUSINESS OVERVIEW Development Business 202412 3176,0419,854,35420247,716 For the year ended 31 December 2024, revenue from sale of propertiesby the Group was approximately RMB76,041 million. Properties with atotal gross floor area (“GFA”) of approximately 9,854,354 square meters(“sq.m.”) were delivered. Average selling price of properties delivered andrecognized as sales was RMB7,716 per sq.m. in 2024. 202412 311,25179,427 As at 31 December 2024, the Group’s pre-sold but yet to be delivered(including joint ventures and associates) properties had a total GFA ofapproximately 12.51 million with value of approximately RMB79,427million. Management Discussion and Analysis In 2024, the Group recorded contracted sales of approximatelyRMB40,171 million. Contracted sales was approximately 5,388,239sq.m. in GFA. The aggregate contracted selling price (excluding carparkssales) for the year was RMB9,832 per sq.m.. 202440,171538.829,832 22024 Table 2: Details of contracted sales of the Group in 2024 The following table sets out the geographic breakdown of the Group’scontracted sales in 2024: 2024 Management Discussion and Analysis Rentable and Saleable Land Resources The geographic spread of the rentable and saleable land resources of theGroup as at 31 December 2024 was as follows, among which the areafor future residential sales is about 31.44 million sq.m.: 202412 313,144 Table 3: Details of rentable and saleable land resources of theGroup Management Discussion and Analysis Management Discussion and Analysis 1.B2.3.2024128.0813%4.202412 315.202490519% 1.The data of Shanghai includes the occupancy of the offices of ShanghaiSeazen Holdings Tower B.2.Rental income includes renta