1、 1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in rel
2、iance upon the whole or any part of the contents of this announcement.(Incorporated in Hong Kong with limited liability)(Stock code:00123)Announcement of 2020 Annual ResultsResults Summary The revenue was approximately RMB46.23 billion,representing a year-on-year increase of 20.6%.The gross profit m
3、argin was approximately 25.1%,representing a year-on-year decrease of 9.1 percentage points.Profit attributable to equity holders was approximately RMB4.25 billion,representing a year-on-year increase of 21.9%;core net profit*was approximately RMB4.02 billion,representing a year-on-year increase of
4、14.6%.The value of the aggregate contracted sales(including contracted sales by joint venture projects)for the year amounted to approximately RMB95.76 billion,representing a year-on-year increase of 32.8%,and accounted for 119.4%of the full year contracted sales target of RMB80.2 billion.In 2020,the
5、 contracted sales value of“Railway+Property”projects amounted to approximately RMB17.0 billion.In 2020,the Group has newly acquired 22 land parcels located in 11 cities through our“6+1”unique and diversified land acquisition platform,with a total GFA of approximately 5.6 million sq.m.,and newly acqu
6、ired 4 land parcels in Guangzhou through the“Residential+Government Project”model,with a total GFA of approximately 1.41 million sq.m.As at the end of 2020,the total landbank of the Group was approximately 24.54 million sq.m.2 The Group completed the acquisition of 51%equity interest in Guangzhou Yu