Stock Code: Huafa Industrial Co.Ltd.Zhuhai(600325) stock abbreviation: Huafa Industrial Co.Ltd.Zhuhai(600325) Announcement No.: 2022009 Huafa Industrial Co.Ltd.Zhuhai(600325)
Announcement on recent production and operation
The board of directors and all directors of the company guarantee that the contents of the announcement are true, accurate and complete, and are jointly and severally liable for false records, misleading statements or major omissions in the announcement.
1、 Current overall situation of the industry and main work achievements of the company
In 2021, China’s real estate market adhered to the positioning of “housing without speculation”, and actively and steadily implemented the long-term mechanism of real estate. In 2022, with the continuous improvement of the long-term mechanism of the real estate market and the continuous appearance of the effect of urban policy implementation, real estate investment is expected to develop steadily and healthily.
In 2021, the company actively responded to national industrial policies, accelerated transformation and upgrading, and committed to promoting accurate industrial layout and building upstream and downstream industrial chains. In 2021, the main achievements of the company are as follows: 1. In terms of sales, the company formulates more targeted sales strategies according to the differentiation pattern of different urban markets, actively supply and promote sales, deepen sales channels, improve turnover efficiency and accelerate cash return. 2. In terms of investment, the company adheres to the prudent investment strategy, takes the healthy and stable markets such as first tier and strong second tier cities as the main areas for layout, and continues to develop steadily and orderly. 3. In terms of debt reduction, the company has achieved remarkable results in debt reduction and deleveraging by taking multiple measures such as paying close attention to the de commercialization of sales, accelerating the return of funds, revitalizing low-speed assets, optimizing the financing structure and controlling the rhythm of investment and expansion: in 2021, the scale of interest bearing debt of the company has decreased steadily, the interest bearing debt structure has been significantly optimized, and the “three red lines” have been turned green in an all-round way.
2、 Current production, operation and solvency of the company
1. Current production and operation of the company
In 2021, the company achieved a total operating revenue of 51.408 billion yuan and a net profit attributable to shareholders of listed companies of 3.195 billion yuan, a year-on-year increase of 10.10%; Earnings per share was 1.34 yuan, with a year-on-year increase of 15.52%, realizing a double harvest of “financial stability” and “operating profit”. Contract sales reached 121.89 billion yuan, while the company’s sales collection increased significantly. The total annual collection reached 70 billion yuan, a year-on-year increase of more than 30%. As of February 28, 2022, the company has achieved contract sales of 13.47 billion yuan and a sales area of 388000 square meters.
2. The company’s open market bonds and payment response arrangements
As of December 31, 2021, the asset scale of the company was 357202 billion yuan, with a year-on-year increase of 10.97%. The business scale increased steadily, and the disposable monetary capital was abundant. In 2021, the scale of interest bearing debt of the company decreased steadily, with a year-on-year decrease of 10%; The structure of interest bearing debt was significantly optimized, and short-term debt decreased by 40%.
As of February 28, 2022, the balance of domestic corporate bonds and asset-backed securities (consolidation criteria) existing in the exchange market of the company was RMB 16.584 billion (excluding subordinated bonds), of which the scale of corporate bonds and asset-backed securities due within three months was RMB 0 billion and the scale of corporate bonds and asset-backed securities due within one year was RMB 819 million. The company will do its best to raise its own funds, repay the old by borrowing new ones, accurately cash and other measures, adhere to the bottom line thinking, repay the principal and interest of open market bonds in full on time, and fully protect the reputation of the company and the legitimate rights and interests of investors. The company has abundant monetary funds, smooth financing channels, large-scale contract sales, sufficient land reserves and high bond security.
Note: the financial data of 2021 contained in this announcement is preliminary accounting data, which has not been audited by an accounting firm, and may be different from the data disclosed in the company’s 2021 annual report. For details, please refer to the data disclosed in the 2021 annual report.
3、 Next arrangement of the company
In order to improve the operation quality of the company and protect the legitimate rights and interests of investors, the company will continue to do a good job in strategic transformation, promote sales and payment collection, control the reasonable scale of liabilities, seek benign development space, timely do a good job in information disclosure, and effectively protect the legitimate rights and interests of investors.
It is hereby announced.
Huafa Industrial Co.Ltd.Zhuhai(600325) board of directors
March 9, 2002
