Important Notes, Table of Contents, and Definitions
The Board of Directors and senior management of the company guarantee that the content of the annual report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibility. The responsible person Li Nan, the head of accounting Fu Wenda, and the head of the accounting institution (accounting supervisor) Zhan Huilu declare: they ensure the truthfulness, accuracy, and completeness of the financial report in this annual report. All directors have attended the board meeting to review this report. The forward-looking statements regarding future plans and development strategies in this report do not constitute a substantive commitment to investors, and investors are advised to maintain sufficient risk awareness and understand the differences between operational plans, forecasts, and performance commitments. The company must comply with the disclosure requirements for the real estate industry as stipulated in the "Self-Regulatory Guidelines for Listed Companies No. 3 - Industry Information Disclosure" issued by the Shenzhen Stock Exchange. The company has detailed the major risks it will face in the future and the corresponding countermeasures in this report. For details, please refer to the section "Management Discussion and Analysis" in this report, specifically "XI. Outlook for the Company's Future Development." Investors are advised to pay attention to investment risks. The company plans not to distribute cash dividends, nor to issue bonus shares, nor to increase capital using reserves.
Table of Contents
- Important Notes, Table of Contents, and Definitions ............................... 2
- Company Profile and Key Financial Indicators ............................. 6
- Management Discussion and Analysis ................................... 10
- Corporate Governance, Environment, and Society ............................... 43
- Important Matters ........................................... 57
- Changes in Shares and Shareholder Information ................................. 71
- Bond-Related Information ....................................... 78
- Financial Report ........................................... 79
Directory of Documents for Inspection
- Financial statements signed and stamped by the responsible person, head of accounting, and head of the accounting institution (accounting supervisor).
- Original audit report stamped and signed by the accounting firm and certified public accountants.
- Original documents and announcements of all company documents publicly disclosed on the designated website of the China Securities Regulatory Commission during the reporting period.