Securities code: Cccg Real Estate Corporation Limited(000736) securities abbreviation: Cccg Real Estate Corporation Limited(000736) Announcement No.: 2022047
Bond Code: 114547 bond abbreviation: 19 CCCC bond
Bond Code: 149192 bond abbreviation: 20 CCCC bond
Bond Code: 149610 bond abbreviation: 21 CCCC bond
Cccg Real Estate Corporation Limited(000736) 2021 annual report summary
1、 Important note: the summary of this annual report comes from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC. All directors have attended the meeting of the board of directors to consider this report. Tips on non-standard audit opinions □ applicable √ not applicable to the profit distribution plan of common shares or the plan of converting accumulation fund into share capital in the reporting period considered by the board of directors √ applicable □ not applicable whether to convert accumulation fund into share capital □ yes √ no
The company's profit distribution plan for ordinary shares reviewed and approved by the board of directors is: take 695433689 as the base, distribute cash dividend of 0.40 yuan (including tax) to all shareholders for every 10 shares, do not give bonus shares, and do not convert accumulation fund into share capital. Preferred stock profit distribution plan for the reporting period adopted by the board of directors □ applicable √ not applicable II. Basic information of the company 1. Company profile
Stock abbreviation Cccg Real Estate Corporation Limited(000736) Stock Code: Cccg Real Estate Corporation Limited(000736)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Tian Yuli, Wang Ting
Office address: 9 / F, block B, Fortune Building, No. 9, Honghu East Road, Yubei District, Chongqing
Fax: 02367530016
Tel: 023675 Jiangsu Xiuqiang Glasswork Co.Ltd(300160) 2367530016
E-mail zfdc Cccg Real Estate Corporation Limited(000736) 163.com. zfdc Cccg Real Estate Corporation Limited(000736) 163.com.
2. Main business or product introduction during the reporting period (1) the main business of the company during the reporting period has not changed significantly. The main business of the company is real estate development, operation and sales. At the same time, the company actively explores and develops emerging businesses such as financing agency construction, TESE Town, Tod urban complex, urban renewal, industrial real estate and logistics real estate. The company's product types are mainly to meet the needs of rigid demand and improved housing, supplemented by commerce, apartments, industrial parks, characteristic towns, urban complexes, etc; With the brand vision of "the builder of a better life" and the product concept of "products to beauty, start with appearance and finally experience", the products create a Cccg Real Estate Corporation Limited(000736) characteristic product pedigree and form a competitive advantage of product power + service power. As the only A-share real estate listed company under CCCC group, the company closely focuses on the national strategy, gives full play to the holding advantages of central enterprises, constantly optimizes and upgrades the development strategy, focuses on the main business, strengthens the specialty, deepens the reform, optimizes the management, and continuously improves the brand value and brand strength. In recent years, the company's land reserve and sales performance have increased significantly, and gradually constructs a diversified product system, It shows the advantages and determination of the company's "better life builder", and the company's brand value and industry status have been significantly improved. (2) Review of operation in the reporting period during the reporting period, the company's main business profit mainly comes from the real estate business, and the composition of the main business has not changed significantly. In 2021, facing many tests such as in-depth adjustment of the industry and continuous policy regulation, the company worked together to ensure the healthy, sustainable and stable development of the company.
Financial indicators: as of December 31, 2021, the total assets of the company were 141962 billion yuan, an increase of 42.67% over the end of the previous year, and the net assets attributable to shareholders of listed companies were 3.259 billion yuan, an increase of 6.44% over the end of the previous year; From January to December 2021, the operating revenue was 14.542 billion yuan, an increase of 18.23% over the previous year, the total profit was 1.522 billion yuan, an increase of 4.00% over the same period of the previous year, and the net profit attributable to shareholders of listed companies was 236 million yuan, a decrease of 32.19% over the same period of the previous year.
In terms of business indicators, the company achieved a contracted sales area of 2.2851 million square meters from January to December 2021 (full caliber), a decrease of 5.79% over the same period last year; The contracted sales amount was 56 billion yuan, an increase of 5.07% over the same period last year; Sales receipts amounted to 59.1 billion yuan, an increase of 56.35% over the same period last year; From January to December of 2021 (according to the equity standard), the contracted sales amount was 39.8 billion yuan, an increase of 7.28% over the same period of last year; Sales receipts amounted to 41.9 billion yuan, an increase of 51.26% over the same period last year. In 2021, the contracted sales area of agent construction business was 22300 square meters, and the contracted sales amount was 1.024 billion yuan. In terms of investment expansion: in 2021, under the new policy of "two centralized" land supply, the company adhered to the concept of "value investment, rational investment and high-quality investment", cooperated efficiently internally, simplified and optimized the process, improved the efficiency of fund raising and allocation, grasped market opportunities, and actively obtained 24 new projects; Focus on deeply cultivating the city, give full play to the experience and advantages in market, development and operation, and ensure the investment accuracy and operation efficiency of the project; Based on the current market situation, carefully carry out project research and judgment, strictly control investment risk, and select high-quality enterprises as partners to ensure the safety of project capital chain and company credit.
In terms of marketing: the company has established guidelines for the whole process of marketing management, refined marketing actions, improved marketing management efficiency, accurately grasped the window period of sales recovery, focused on value marketing, amplified project value, deeply explored brand connotation, improved brand exposure and brand influence by means of new media, continuously improved customers' purchase confidence through brand endorsement of central enterprises, and maintained concentration in multiple projects, Achieve a double breakthrough in sales premium. In 2021, the company's contracted sales rose against the trend, and the sales collection index increased significantly year-on-year. In terms of financing: in 2021, when the financing environment of real estate enterprises became more and more strict, the company further strengthened the capital control and use efficiency, successfully registered the storage rack with AA + credit for the first time, realized the balance of houses to be purchased in advance through the ABS business of house purchase balance, and successfully issued RMB 2.1 billion of CCCC bonds, continuously expanded the new situation of financing and strongly supported the sustainable development of the company. In terms of project quality improvement: continue to practice the product design concept of "products to beauty, start with appearance and finally experience", focus on the construction of product and service capacity, and iteratively upgrade the product line and product pedigree; The design management platform was fully launched to further improve the review efficiency, refine the management process, and basically realize the comprehensive digital design control; Establish and improve a series of quality management standards and codes; Strengthen the flight inspection and remote supervision of the project, carry out the normal management of on-site safe and civilized construction and project quality, and comprehensively promote the further improvement of the company's product strength. In terms of ensuring completion and delivery: compared with previous years, the number of projects delivered by the company in 2021 is large, and the task is heavy. The company overcomes the adverse factors such as the continuous and repeated covid-19 epidemic and the increase of severe weather such as rainstorm and high temperature. The company cooperates from top to bottom, closely tracks and anticipates the project delivery risks in advance, implements hierarchical management, scientifically allocates resources, comes up with targeted solutions one by one, and strengthens supervision and management of project quality risks Implement rectification, and use specialized and information-based means such as smart engineering platform to ensure the quality delivery of the project. In terms of management efficiency improvement: all departments and professional lines of the company face up to the existing management shortcomings, earnestly promote the refinement of management, seek benefits from management, comprehensively sort out the current systems, norms and guidelines of the company, and further improve the system of the company; Strictly control the operation nodes of each project, effectively implement them, and continuously improve the operation efficiency; In 2021, a number of information systems such as bidding and procurement platform and design management platform will be launched to support the daily operation stably and efficiently; Strictly control financial, legal and audit risks, and effectively standardize the company's business compliance. Party Building: the Party committee of the company insists on integrating party building into corporate governance and operation management, gives full play to the leading core role of the Party committee, and raises the flag and orientation for the development of the enterprise; Carry out a series of Party building activities in combination with the actual situation of the company, give full play to the political, organizational and talent advantages of state-owned enterprises, constantly improve the quality and efficiency of grass-roots party building, and promote the systematic, scientific, standardized and normalized level of Party building; Focus on high-quality development, strengthen the construction of Party style and clean government, improve the system and mechanism of comprehensively and strictly administering the party, adhere to mutual integration and progress, and release the momentum of development. (3) The development strategy and business plan for the coming year are oriented to the new year. The company will continue to focus on the main business of real estate development, make a quasi strategic positioning, strictly grasp the quality and efficiency of operation, deepen reform and innovation, refine the management, adhere to the guidance of Party building, implement the requirements of high-quality development, and build a leading urban development and operator in China. The key work arrangements for 2022 are as follows:
Strictly grasp the quality and efficiency of operation and take the lead in the benchmarking industry. The investment work is further in line with the national strategy, with value investment as the leader, do a good job in the research and prediction of policies and markets in key cities, further focus on core cities and regions, strengthen the cooperation of income, M & A and capital increase, continue to practice the diversified investment model, and strive to achieve new breakthroughs in urban complexes, Tod, characteristic towns and other fields; Strengthen brand recognition, carry out product innovation and service upgrading in combination with the strength of central enterprises, improve brand reputation and help improve the ability of project premium; Strengthen cost-effectiveness analysis, strictly control rate standardization, accelerate sales collection and improve collection efficiency; Timely respond to changes in financial policies, adopt diversified financing methods, strictly control the growth rate of interest bearing liabilities, reduce the pressure of short-term debt repayment, and do a good job in fund dynamic monitoring to provide a solid guarantee for investment expansion; Adhere to the problem orientation and goal orientation, strengthen the refinement, standardization and process level of operation management, and highlight the assessment of indicators such as net profit, total profit and revitalization of heavy assets; Establish and improve the hierarchical management and control mechanism of project risk, closely track the projects with completed delivery tasks, predict in advance, and fully ensure the supply and delivery tasks. Keep up with market changes and deepen reform and innovation. According to the industry development and the development stage of the company, the rights and responsibilities interface of each management subject shall be further clarified based on the principles of more optimized functions, more coordinated rights and responsibilities, more powerful assessment and more efficient operation. Standardize enterprise management, optimize organizational structure, continuously improve the management and control ability and decision-making ability of the headquarters, improve the strategic execution and market competitiveness of Companies in various cities, comprehensively improve the quality and efficiency of management, and quickly respond to the changes of market environment. Relying on the brand influence of central enterprises and the resources of the whole industrial chain, give play to the synergy advantages of the main industry, continue to integrate internal and external resources, expand the results of M & a strategy, further consolidate the business capacity of new channels and strengthen the capacity-building of diversified expansion. Refine management and comprehensively improve quality and efficiency. Optimize the system construction, continuously iteratively optimize the system and process system, continuously improve the quality and operation efficiency of corporate governance and control system, and form an institutional system with vertical connection, horizontal coordination, clear standards and clear processes; Strengthen the construction of product standardization and systematization, continue to promote the standardization of existing urban product design, improve the adaptation standards and cost limits of urban products, continuously tap the value points of products, deeply integrate into various product lines, and take high quality, excellent service and reproducible achievements as the important objectives of project development and operation; Implement cost control, adhere to increasing revenue and reducing expenditure and careful calculation, strictly control funds and costs, promote the implementation of war mining, strengthen target cost management, do a good job in internal and external benchmarking and research and analysis of special projects, do a good job in post cost evaluation in the project delivery stage, promote the construction of cost database, realize online informatization, comprehensively improve the quality and efficiency of bidding, and help improve the economic indicators of the project; Strengthen financial management, rigid budget management, adhere to no expenditure without budget, strengthen overall planning, make fund planning and control in combination with policies, and improve the efficiency of capital turnover; Do a good job in risk prevention and control, pay attention to legal compliance risks, continue to carry out legal risk prevention publicity, improve the risk prevention standards and normative system of cooperative projects, strengthen the linkage of audit accountability, timely investigate potential risks, strictly prevent cash flow risks, strengthen comprehensive budget management guided by cash flow management and value creation, and take cash flow management as the core to prevent various financial capital risks; Accelerate capital turnover, optimize top-level design, respect market laws, take market demand and target customers as guidance, improve asset value and project income. (4) On the whole, it is expected that in 2022, the general tone of regulation and control of the real estate industry will maintain the positioning of "no speculation in real estate", various measures of real estate policy supervision will continue to be implemented, real estate financial policies will maintain continuity, consistency and stability, and implement the prudent management system of real estate finance. After decades of rapid development, the real estate industry is changing from incremental development to stock operation. Enterprises also need to follow the trend, expand new business models and achieve high-quality development. The property of real estate investment will become less and less prominent in the future, and the property of housing investment will become the main property of the real estate market in the future. At present, China is promoting the creation of a "new pattern of dual cycle development dominated by China's cycle and promoted by international China", real estate
