On the evening of March 28, Hengda Group (Holdings) Co., Ltd. (3616.HK, hereinafter referred to as Hengda Group Holdings) released the first transcript after listing in Hong Kong, and the company's revenue and net profit increased significantly. The leverage ratio and debt-to-equity ratio have fallen sharply.

Hengda Group Holdings' 2018 annual results announcement showed that during the reporting period, Hengda Group's holdings achieved revenue and net profit of 1.884 billion yuan and 225 million yuan, respectively, up 21.5% and 51.9% year-on-year.

Residential sales hit a new high

      In 2018, Hengda Group's total contract sales of 2.658 billion yuan, the contracted sales amount of residential areas reached 1.955 billion yuan.

禹州恒达·滨河府

恒达·旺角

禹州恒达·熙郡

恒达·NAPA溪地

鄢陵恒达·阳光城

      The Group is currently developing projects such as Hengda Wangjiao and Yuzhou Hengda Binhe Mansion, which will provide a steady growth momentum for sales and performance in the next few years.

land reserve excellent quality sufficient quantity

      In 2018, the total construction area of Hengda Group's holding land reserve is about 3.46 million square meters. These land reserves are concentrated in Xuchang, of which Yuzhou has the largest land reserve area of 1,747,600 square meters, accounting for 49.6% of its total reserve area. Most of the reserve land is located in strategic locations and has good growth potential. Taking Jian'an District and Weidu District of Xuchang City as an example, the land reserve of Jian'an District is located in the new political center of Xuchang New District, close to the new government department, and the land reserve of Weidu District is in the heart of the old city with convenient transportation. The surrounding facilities are complete and have high investment and holding value.

恒达·北海龙城

 恒达·西郡

Delivery ability significantly improved

      In 2018, the delivery capacity of Hengda Group Holdings also increased after the listing, especially the partial property units originally scheduled to be delivered in the first quarter of 2019 (mainly from Jinhui Plaza and Changge Sunshine City),and delivery is completed ahead of schedule in the fourth quarter of 2018.

恒达·金汇广场

长葛恒达·阳光城 

Build a new financing channel

      With the successful listing of Hengda Group Holdings on the Hong Kong Stock Exchange on November 12, 2018, it has also set up a new financing channel for enterprises–overseas debt issuance, and good performance and development expectations will help obtain overseas funding approval at a lower interest rate.

      As the fourth Hong Kong-listed real estate company in Henan Province and the first Hong Kong-listed real estate company in Xuchang, after the listing, Hengda Group Holdings is gradually consolidating and enhancing its market position and further enhancing its corporate management. At the same time, it will fully leverage the strength of international capital markets to accelerate business development; acquire more land resources through diversified channels such as mergers, acquisitions, investments, joint ventures and business cooperation; and leverage the expanded capital of the Group to expand its business scale and grasp The new demand driven by urbanization in Henan Province and Xuchang City ，and maintained steady and rapid growth, achieving better and faster development of the company.