旭辉控股集团：2019年报.PDF

(Incorporated in the Cayman Islands with limited liability) Stock Code : 00884 ANNUAL REPORT 2019 CONTENTS 2 Company Profile 3 Corporate Information 5 Major Property Projects 19 Performance Highlights 20 Glossary and Definitions 21 Chairman’s Statement 36 Management Discussion and Analysis 83 Biographies of Directors and Senior Management 92 Corporate Governance Report 113 Directors’ Report 153 Independent Auditor’s Report 162 Consolidated Statement of Profit or Loss and Other Comprehensive Income 163 Consolidated Statement of Financial Position 165 Consolidated Statement of Changes in Equity 167 Consolidated Statement of Cash Flows 170 Notes to the Consolidated Financial Statements 460 Five Years’ Financial Summary Appendix Company Profile ABOUT CIFI Headquartered in Shanghai, CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Company” and together with its subsidiaries, the “Group”) is principally engaged in the property development and property investment business in the People’s Republic of China (“PRC” or “China”). We principally focus on developing high quality and end-users driven properties in first-, second- and third-tier cities