五矿地产二零二四年年报

(Incorporated in Bermuda with limited liability)Stock Code230 Annual Report ABOUT MINMETALS LAND 關於五礦地產 Minmetals Land Limited is a subsidiary and the sole listedreal estate flagship of China Minmetals Corporation inHong Kong. Minmetals Land Limited’s principal businessincludes real estate development, specialised constructionandproperty investment.Currently,its real estatedevelopment business covers the Pan Bohai Rim, YangtzeRiverDelta,Central China Region,Chengdu-ChongqingRegion and Pearl River Delta (including Hong Kong). 6Corporate Information7Financial Highlights8Honours and Awards9Five-Year Financial Summary12Group Properties24Chairman’s Statement30Management Discussion and Analysis42Corporate Governance Report62Directors’ and Senior Management’s Profile69Report of the Directors CORPORATEINFORMATION CORPORATE INFORMATION公司資料 — EXECUTIVE DIRECTORSMr. He Jianbo — Chairman ——— Mr. Liu Bo — Managing DirectorMr. Chen Xingwu — Deputy Managing DirectorMr. Yang Shangping — Deputy Managing Director NONEXECUTIVE DIRECTORSMs. He XiaoliMr. Huang Guoping INDEPENDENT NONEXECUTIVEDIRECTORSMr. Lam Chung Lun, Billy Ms. Law Fan Chiu Fun, FannyProfessor Wang Xiuli COMPANY SECRETARYMr. Yiu Yu Cheung (appointed on 14 June 2024)Mr. Cheng Ka Hang, Francis (resigned on 14 June 2024) LEGAL ADVISORNorton Rose Fulbright Hong Kong 97927 INDEPENDENT AUDITORErnst & Young Certified Public AccountantsRegistered Public Interest Entity Auditor27th Floor, One Taikoo Place,979 King’s Road, Quarry Bay, Hong Kong PRINCIPAL BANKERSAgricultural Bank of China Limited ANNUAL REPORT 2024Bank of China (Hong Kong) LimitedBank of Communications Company, LimitedChina Construction Bank CorporationChong Hing Bank LimitedCMB Wing Lung Bank LimitedChina Zheshang Bank Company, LimitedIndustrial and Commercial Bank of China (Asia) LimitedIndustrial Bank Company, Limited 1831717121716 BRANCH SHARE REGISTRARComputershare Hong Kong Investor Services Limited Shops 1712–1716,17th Floor, Hopewell Centre,183 Queen’s Road East,Wan Chai, Hong Kong Victoria Place,5th Floor, 31 Victoria Street,Hamilton HM 10,Bermuda REGISTERED OFFICEVictoria Place, 5th Floor, 31 Victoria Street,Hamilton HM 10,Bermuda PRINCIPAL PLACE OF BUSINESS INHONG KONG18th Floor, China Minmetals Tower, 79182613 63632581 9823info@minmetalsland.com 79 Chatham Road South, Tsimshatsui,Kowloon, Hong KongTel:2613 6363Fax:2581 9823Email:info@minmetalsland.com http://www.minmetalsland.com WEBSITEhttp://www.minmetalsland.com MINMETALS LAND LIMITED FINANCIAL HIGHLIGHTS財務摘要 ***#=—##=^ HONOURS AND AWARDS榮譽與獎項 REAL ESTATE DEVELOPMENT Minmetals Land Limited •2024 Real Estate OutstandingEnterprise Performance2024•2024 Listed Enterprise OutstandingPerformance (Real Estate G30+)2024G30+•2024 Chinese Real Estate BrandReputation and Credibility Enterprise2024•2024 Influential Digital DevelopmentEnterprise2024•2024 Chinese Real Estate BrandInfluential Enterprise2024 PROPERTY MANAGEMENT China Minmetals Tower •Honorable Managed Property Award•Quality Water Supply Scheme for Buildings— Fresh Water (Management System) (Gold)—•Universal Design Award Scheme (Sliver Award) LKF29 •Quality Water Supply Scheme for Buildings— Fresh Water (Management System) (Gold)—•Universal Design Award Scheme (Certificate ofMerit) Montego Bay •Certificate of Five Stars Gym Room For TheYear 20242024 MAJORINVESTMENTPROPERTIES主要投資物業 CHAIRMAN’S STATEMENT主席報告 98.8321.8%37.485.2635.2110.16*5.660.44 ANNUAL REPORT 2024In 2024, the overall China’s real estate market was under pressure, withvariations in product profiles across cities and the market’s liquidityremained bleak, making it a difficult year for real estate companies. Thereal estate industry has entered into the most difficult stage after fouryearsof correction.China’s property market has shown signs ofstabilization and uptick, fueled by multiple measures from both thesupply and demand sides rolled out at the end of 2024. However,given the impact brought about by this round of sea change in themarket landscape, a recovery for the property market may take longer.Looking back on the last year, the Group has been pursuing progresswhileensuring stability,promoting stability through progress,andstrictly controlling operational risks, so as to effectively respond to themarket uncertainties, and laid a foundation for passing through theindustry cycle despite the significant challenges of economic downturnandunprecedented operational difficulties.In 2024,the Group’sconsolidatedrevenue decreased by 21.8%year-on-year to$9,883million;net loss for the year has been widened year-on-year toHK$3,748 million (2023: HK$526 million); loss attributable to equityholders of the Company was HK$3,521 million (2023: HK$1,016 million);and core loss attributable to equity holders of the Company* wasHK$566 million (2023: HK$44 million). The Board of Directors does notrecommend the declaration of a final dividend for the year ended31 December 2024 (2023: no divide