美的置业2024年度报告

CONTENTS 2Company Profile3Financial Overview4Milestones7Major Honours and Awards10Chairman’s Statement17Management Discussion and Analysis28Directors and Senior Management35Corporate Governance Report60Directors’Report97Property Development98Independent Auditor’s Report108Consolidated Statement of Comprehensive Income110Consolidated Balance Sheet112Consolidated Statement of Changes in Equity114Consolidated Statement of Cash Flows116Notes to the Consolidated Financial Statements247Five-Year Financial Summary249Corporate Information COMPANY PROFILE 3990.HK2004+++ Midea Real Estate Holding Limited (the“Company”and together with itssubsidiaries, the“Group”or“Midea Real Estate”) (Stock Code: 3990.HK) isa listed company of The Stock Exchange of Hong Kong Limited (the“StockExchange”), whose shares are included in the constituents of indexessuch as Hang Seng Stock Connect Hong Kong Index. Founded in 2004, theGroup, guided by the development positioning as a“Smart Healthy LifeService Provider”, has built comprehensive development ecology of“projectmanagement services + property management services+ asset operation +real estate technology”, and continued to move steadily towards high-qualitydevelopment. TOP184009,000 Midea Real Estate Services, upholding service-oriented original aspiration, ranksamong the top 18 property service companies in China with its craftsmanshipin manufacturing. It established three core business sectors of residential,industrial parks and medical care and wellness, supplemented by diversifiedtracks such as new energy and group meals. As at the end of the ReportingPeriod, there were over 400 projects under management with an area undermanagement of approximately 90 million square metres. Midea Real EstateConstruction is a professional project management service provider capableof managing integrated multi-business sectors and customising full-cycleservices with extensive project management experience and is committedto providing customers with high-quality project management servicesthat are green and energy-saving as well as healthy and multi-functional.Midea Real Estate Commercial and Midea Real Estate Property Developmentfocused on strengthening its light-asset operation capabilities, developedthird-party business through innovated operation, and maintained goodrelationship with customers to achieve quality growth. REMAC ASPACE, as thereal estate technology industry in which the Company adopts its strategiesfor transformation and upgrade, focused on three areas covering designtechnology, building industrialisation and artificial intelligence homes, aimingto build digital, green, industrialised and intelligent capabilities throughout thebuilding lifecycle, and is committed to becoming a leading enterprise in smarthealthy space technology. In the future, Midea Real Estate will continue to adhere to long-termdevelopment, consolidate its industrial foundation, enhance technologicalempowerment and focus on digitalisation, greening and industrialisation anddrive the comprehensive integration and upgrade of the industry chain serviceplatform, creating greater value for the society in a high-quality, achievable andsustainable way. FINANCIAL OVERVIEW 20241022 Note:The Company completed the Distribution and Disposal on 22 October 2024. The above is theresults of Continuing Operations. For details, please refer to the consolidated statement ofcomprehensive income in this report. MILESTONES MAR3 Midea Real Estate Property Development— Successful Groundbreaking and ProjectSigning Ceremony forNanhai RuichuangCenter, an R&D and Science and InnovationHeadquarters Cluster Amid high expectations, the successful groundbreaking and projectsigning ceremony for the Nanhai Ruichuang, an industrial parkdeveloped by Midea Real Estate Property Development, marked a significant milestone. The Nanhai Ruichuang Center aims to drive industrial upgrades and smartly shape a brighter future! APR4 Midea Real Estate Services Partnered withHeyou International Hospital, Setting a NewBenchmark for Medical Services in the Bay Area Midea Real Estate Services provides comprehensive propertymanagement for Heyou International Hospital, managing a totalservice area of approximately 600,000 square meters. Upholdingthe philosophy of“Original Aspiration and Craftsmanship, QualityLeads to Beauty,”Midea Real Estate Services is committed toelevating the hospital’s high-quality development. 60• REMAC ASPACE’s MiC Modular Integrated ConstructionSystem Earns IPA Certification from Hong Kong BuildingsDepartment MiCIPA The MiC modular industrial construction system under REMAC ASPACE has receivedIPA certification from the Hong Kong Buildings Department, enabling solutions forbuildings up to 40 stories tall. MiCIPA40 REMAC ASPACE Attended the 12th ChinaInternational Urban Construction Exposition,Exploring New Trends in Green and SmartManufacturing 12 At the 12th China International Urban Construction Exposition inBeij