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Public company info - Jiande International Holdings Limited , 00865.HK
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Jiande International Holdings Limited, 00865.HK - Company Profile
Chairman Shie Tak Chung
Share Issued (share) 5,838,000,000
Par Currency Hong Kong Dollar
Par Value 0.005
Industry Property Development
Corporate Profile Business Summary: The Group are principally engaged in property development in the People’s Republic of China (the “PRC”). Performance for the year: During the year ended 31 December 2019, the Group’s business operation achieved revenue of RMB184,082,000, representing an increase of 15.1% as compared with that for the year ended 31 December 2018. Profit and total comprehensive income attributable to owners of the Company for the year ended 31 December 2019 grew by 202.6% and reached RMB33,144,000. Business Review： Looking back to 2019, the Chinese central government reiterated that “houses are for living in, not for speculation”, stressing the need for property developers to guard against the potential impact of financial risks and tightening the capital regulations. With the implementation of “one city, one strategy”, regional governments continuously optimised their adjusting and controlling policies based on the local situations, promoting the balance between supply and demand and facilitating the long-term stable and healthy development of property market. Despite reaching record high annual sales amount, the overall growth rate of real estate industry in the People’s Republic of China (the “PRC”) slowed down during 2019. According to the National Bureau of Statistics, the PRC sales of commodity properties for 2019 amounted to RMB15,972.5 billion, representing a year-on-year increase of 6.5%, and the gross floor area of commodity properties sold amounted to 1,715.58 million square meters, generally the same as 2018. The Group continued to generate revenue by selling the completed properties in the Binjiang International project in Quanzhou, Fujian Province and The Cullinan Bay project in Yangzhou, Jiangsu Province. During the year ended 31 December 2019, the Group’s business operation achieved revenue of RMB184,082,000, representing an increase of 15.1% as compared with that for the year ended 31 December 2018. Profit and total comprehensive income attributable to owners of the Company for the year ended 31 December 2019 grew by 202.6% and reached RMB33,144,000. Basic earnings per share for the year ended 31 December 2019 were RMB0.57 cents, rising threefold compared to the previous year’s. Prospects: In 2020, the Group will focus on the development of its two new residential property projects located in Xinyang, Henan Province and Wugang, Hunan Province respectively, in addition to ongoing construction of the remaining part of The Cullinan Bay project. The coronavirus (the “COVID-19”) outbreak since the beginning of 2020 in the PRC have affected the overall economy. Despite causing temporary closure of sales centres and suspension of site construction, the Group has performed strict control over its operation in response to the epidemic situation while steadily promoting the resumption of work and production. The management of the Company believes that the impact of the COVID-19 on the real estate industry is temporary but will closely monitor the development of the epidemic, making appropriate measures timely.

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