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 reliance upon the whole or any part of the contents of this announcement.
Red Star Macalline Group Corporation Ltd.
紅星美凱龍家居集團股份有限公司
(A sino-foreign joint stock company incorporated in the People's Republic of China with limited liability)
(Stock Code: 1528)
ANNOUNCEMENT ON THE OPERATING STATISTICS FOR 2020
This announcement is made by Red Star Macalline Group Corporation Ltd. (the "Company") pursuant to Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) and the Rules Governing the Listing of Stocks on Shanghai Stock Exchange.
The board of directors and all directors of the Company confirm that there are no false representations, misleading statements, or material omissions in this announcement, and they shall individually and collectively accept full responsibility for the truthfulness, accuracy and completeness of contents herein.
In accordance with the relevant requirements under the Guidelines No. 5 on Industry Information Disclosure of Listed Companies - Retail 《( 上市公司行業信息披露指引第五號-零售》) and
the Notice in relation to the Endeavour on Disclosure of the 2020 Annual Report by the Listed Companies of the main board 《( 關於做好主板上市公司2020年年度報告披露工作的通知》) issued
by the Shanghai Stock Exchange, the Company hereby discloses its principal operating statistics for 2020 (the "Reporting Period") as follows:
As of 31 December 2020, the Company operated 92 Portfolio Shopping Malls, 273 Managed Shopping Malls, and 11 home furnishing malls through strategic cooperation. In addition, the Company opened 66 franchised home improvement material projects by way of franchising, which includes a total of 476 home improvement material stores/industry streets.
1
-
CHANGES IN MALLS FOR 2020
During the Reporting Period, the net increase in the number of Portfolio Shopping Malls was five, of which, six were newly opened shopping malls, situated in Kunshan, Jiangsu Province, Zibo, Shandong Province, Taiyuan, Shanxi Province, Chongqing, Chengdu, Sichuan Province, Kunming, Yunnan Province; two shopping malls were closed, situated in Shenyang, Liaoning Province and Qujing, Yunnan Province; and one shopping mall in Wuhan, Hubei Province, was transferred from Managed Shopping Mall to Portfolio Shopping Mall. The net increase in the number of Managed Shopping Malls was 23, of which, 31 were newly-opened shopping malls, situated respectively in Changde, Hunan Province, Bozhou, Anhui Province, Baoding, Hebei Province, Jishou, Hunan Province, Laiyang, Shandong Province, Cangzhou, Hebei Province, Lhasa, Tibet, Yancheng, Jiangsu Province, Wuxi, Jiangsu Province, Suzhou, Anhui Province, Yongzhou, Hunan Province, Chongqing, Zhuji, Zhejiang Province, Guangde, Anhui Province, Yangzhou, Jiangsu Province, Shangrao, Jiangxi Province, Ningde, Fujian Province, Yantai, Shandong Province, Yangzhong, Jiangsu Province, Weinan, Shaanxi Province, Handan, Hebei Province, Shaoxing, Zhejiang Province, Baiyin, Gansu Province, Chuzhou, Anhui Province, Nantong, Jiangsu Province, Heyuan, Guangdong Province, Zhoukou, Henan Province, Lianyungang, Jiangsu Province, Zhaotong, Yunnan Province, and Huangshi, Hubei Province; seven shopping malls were closed, situated respectively in Hegang, Heilongjiang Province, Shouguang, Shandong Province, Dalian, Liaoning Province, Changsha, Hunan Province, Hengshui, Hebei Province, Langfang, Hebei Province and Longyan, Fujian Province.
- Changes in Malls During the Reporting Period
Table 1-1 Changes in Owned
Portfolio Shopping Malls during the Reporting Period
Unit: m2
Malls as at the | Malls Transferred | Malls Transferred | ||||||||||||||||||||||||||
Beginning of | from Other | into Other | Malls as at the End | |||||||||||||||||||||||||
the Period | New Malls | Business Mode | Closed Malls | Business Mode | of the Period | |||||||||||||||||||||||
Mode of | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | ||||||||||||||||
Operation | Location | Malls | Area | Malls | Area | Malls | Area | Malls | Area | Malls | Area | Malls | Area | |||||||||||||||
Owned | Beijing | 3 | 226,567 | 3 | 226,359 | |||||||||||||||||||||||
Owned | Shanghai | 7 | 903,540 | 7 | 905,389 | |||||||||||||||||||||||
Owned | Tianjin | 4 | 455,563 | 4 | 457,240 | |||||||||||||||||||||||
Owned | Chongqing | 3 | 249,735 | 1 | 66,337 | 4 | 317,145 | |||||||||||||||||||||
Owned | Northeast China | 10 | 1,044,303 | 10 | 1,030,696 | |||||||||||||||||||||||
Owned | North China (excluding | 2 | 168,615 | 1 | 55,317 | 3 | 223,479 | |||||||||||||||||||||
Beijing and Tianjin) | ||||||||||||||||||||||||||||
Owned | East China (excluding | 12 | 1,471,404 | 1 | 33,154 | 13 | 1,500,666 | |||||||||||||||||||||
Shanghai) | ||||||||||||||||||||||||||||
Owned | Central China | 4 | 501,415 | 4 | 527,162 | |||||||||||||||||||||||
Owned | South China | 2 | 116,201 | 2 | 116,204 | |||||||||||||||||||||||
Owned | West China (excluding | 6 | 558,637 | 2 | 77,770 | 8 | 628,037 | |||||||||||||||||||||
Chongqing) | ||||||||||||||||||||||||||||
Total: | 53 | 5,695,981 | 5 | 232,577 | 58 | 5,932,377 | ||||||||||||||||||||||
Note 1: The discrepancies between total and sums of amounts in the table above are due to rounding.
Note 2: Portfolio Shopping Malls stated in this announcement include Owned Portfolio Shopping Malls, JV/ Associate Portfolio Shopping Malls and Leased Portfolio Shopping Malls.
2
Table 1-2 Changes in JV/Associate
Portfolio Shopping Malls during the Reporting Period
Unit: m2
Malls as at the | Malls Transferred | Malls Transferred | |||||||||||||||||||||||||
Beginning of | from Other | into Other | Malls as at the End | ||||||||||||||||||||||||
the Period | New Malls | Business Mode | Closed Malls | Business Mode | of the Period | ||||||||||||||||||||||
Mode of | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | |||||||||||||||
Operation | Location | Malls | Area | Malls | Area | Malls | Area | Malls | Area | Malls | Area | Malls | Area | ||||||||||||||
JV/Associate | Beijing | ||||||||||||||||||||||||||
JV/Associate | Shanghai | ||||||||||||||||||||||||||
JV/Associate | Tianjin | ||||||||||||||||||||||||||
JV/Associate | Chongqing | ||||||||||||||||||||||||||
JV/Associate | Northeast China | ||||||||||||||||||||||||||
JV/Associate | North China (excluding | ||||||||||||||||||||||||||
Beijing and Tianjin) | |||||||||||||||||||||||||||
JV/Associate | East China (excluding | 3 | 247,700 | 3 | 247,702 | ||||||||||||||||||||||
Shanghai) | |||||||||||||||||||||||||||
JV/Associate | Central China | ||||||||||||||||||||||||||
JV/Associate | South China | 1 | 15,817 | 1 | 15,857 | ||||||||||||||||||||||
JV/Associate | West China (excluding | 1 | 89,215 | 1 | 89,268 | ||||||||||||||||||||||
Chongqing) | |||||||||||||||||||||||||||
Total: | 5 | 352,732 | 5 | 352,827 | |||||||||||||||||||||||
Note 1: The discrepancies between total and sums of amounts in the table above are due to rounding.
Table 1-3 Changes in Leased
Portfolio Shopping Malls during the Reporting Period
Unit: m2
Malls as at the | Malls Transferred | Malls Transferred | ||||||||||||||||||||||||||||||||||||
Beginning of | from Other | into Other | Malls as at the End | |||||||||||||||||||||||||||||||||||
the Period | New Malls | Business Mode | Closed Malls | Business Mode | of the Period | |||||||||||||||||||||||||||||||||
Mode of | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | ||||||||||||||||||||||||||
Operation | Location | Malls | Area | Malls | Area | Malls | Area | Malls | Area | Malls | Area | Malls | Area | |||||||||||||||||||||||||
Leased | Beijing | 1 | 115,285 | 1 | 117,369 | |||||||||||||||||||||||||||||||||
Leased | Shanghai | |||||||||||||||||||||||||||||||||||||
Leased | Tianjin | |||||||||||||||||||||||||||||||||||||
Leased | Chongqing | 2 | 133,586 | 2 | 132,752 | |||||||||||||||||||||||||||||||||
Leased | Northeast China | 1 | 102,785 | 1 | 102,785 | |||||||||||||||||||||||||||||||||
Leased | North China (excluding | 8 | 396,305 | 8 | 441,017 | |||||||||||||||||||||||||||||||||
Beijing and Tianjin) | ||||||||||||||||||||||||||||||||||||||
Leased | East China (excluding | 10 | 492,236 | 1 | 51,142 | 11 | 544,912 | |||||||||||||||||||||||||||||||
Shanghai) | ||||||||||||||||||||||||||||||||||||||
Leased | Central China | 4 | 307,468 | 1 | 103,801 | 5 | 409,680 | |||||||||||||||||||||||||||||||
Leased | South China | 2 | 103,264 | 2 | 103,345 | |||||||||||||||||||||||||||||||||
Leased | West China (excluding | 1 | 37,201 | 1 | 37,623 | |||||||||||||||||||||||||||||||||
Chongqing) | ||||||||||||||||||||||||||||||||||||||
Total: | 29 | 1,688,131 | 1 | 51,142 | 1 | 103,801 | 2 | 140,408 | 29 | 1,749,074 | ||||||||||||||||||||||||||||
Note 1: | The discrepancies between total and sums of amounts in the table above are due to rounding. |
3
Table 1-4 Changes in Managed
Shopping Malls during the Reporting Period
Unit: m2
Malls as at the | Malls Transferred | Malls Transferred | ||||||||||||||||||||||||||
Beginning of | from Other | into Other | Malls as at the End | |||||||||||||||||||||||||
the Period | New Malls | Business Mode | Closed Malls | Business Mode | of the Period | |||||||||||||||||||||||
Mode of | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | No. of | Operating | ||||||||||||||||
Operation | Location | Malls | Area | Malls | Area | Malls | Area | Malls | Area | Malls | Area | Malls | Area | |||||||||||||||
Managed | Beijing | 1 | 112,757 | 1 | 112,885 | |||||||||||||||||||||||
Managed | Shanghai | |||||||||||||||||||||||||||
Managed | Tianjin | 3 | 175,490 | 3 | 178,268 | |||||||||||||||||||||||
Managed | Chongqing | 6 | 205,859 | 2 | 56,872 | 8 | 265,218 | |||||||||||||||||||||
Managed | Northeast China | 16 | 772,922 | 2 | 56,173 | 14 | 714,635 | |||||||||||||||||||||
Managed | North China (excluding | 29 | 1,604,884 | 2 | 40,781 | 2 | 89,265 | 1 | 28,184 | 28 | 1,536,903 | |||||||||||||||||
Beijing and Tianjin) | ||||||||||||||||||||||||||||
Managed | East China (excluding | 105 | 6,030,080 | 16 | 528,975 | 2 | 105,471 | 119 | 6,486,497 | |||||||||||||||||||
Shanghai) | ||||||||||||||||||||||||||||
Managed | Central China | 35 | 1,681,350 | 7 | 270,869 | 1 | 9,498 | 1 | 103,801 | 40 | 1,852,924 | |||||||||||||||||
Managed | South China | 12 | 616,266 | 1 | 28,398 | 13 | 649,539 | |||||||||||||||||||||
Managed | West China (excluding | 43 | 2,050,498 | 3 | 104,472 | 1 | 29,480 | 47 | 2,224,522 | |||||||||||||||||||
Chongqing) | ||||||||||||||||||||||||||||
Total: | 250 | 13,250,106 | 31 | 1,030,367 | 1 | 29,480 | 7 | 260,407 | 2 | 131,985 | 273 | 14,021,390 | ||||||||||||||||
Note 1: The discrepancies between total and sums of amounts in the table above are due to rounding.
Note 2: Malls Transferred into Other Business Mode: one mall was changed from a Managed Shopping Mall to a Leased Portfolio Shopping Mall.
Malls Transferred from Other Business Mode: one mall was changed from a franchised home improvement material project to a Managed Shopping Mall.
4
(II) Details of Changes in Malls during the Reporting Period
Table 1-5Newly-added Malls during the Reporting Period
Unit: m2 | |||||
Operating | Way of | Construction Cost | |||
Name | Address | Area | Opening Date | Contracting | (RMB) |
Kunshan Qianjin | No. 505, Qianjin West Road, Kunshan City, | 33,154 | 20 June 2020 | Acquisition | 313,457,252.62 |
Road (昆山前進路) | Suzhou City (蘇州市昆山市前進西路505號) | ||||
Taiyuan IF Park | 1F - 5F, Yunjinsheng Technology Industrial Park, | 55,317 | 8 November 2020 | Self-build | 503,913,940.54 |
(太原國金) | No. 455, South Zhonghuan Street, Taiyuan Xuefu | ||||
Park, Transformation and Comprehensive Reform | |||||
Demonstration Zone, Taiyuan City, Shanxi | |||||
Province (山西省太原市綜改示範區太原學府園 | |||||
區南中環街455號雲錦盛科技產業園一層至五層) | |||||
Chongqing Yubei | No. 118, Jinzhou Avenue, Yubei District, | 66,337 | 25 December 2020 | Self-build | 786,309,810.50 |
(重慶渝北) | Chongqing (重慶市渝北區金州大道118號) | ||||
Chengdu Life | No. 2608, South Section of Tianfu Avenue, | 51,795 | 25 December 2020 | Self-build | 792,076,531.10 |
Aesthetics Center | Huayang, Tianfu New District, Chengdu City, | ||||
(成都美學中心) | Sichuan Province (四川省成都市天府新區華陽天 | ||||
府大道南段2608號) | |||||
Kunming Panlong | Red Star Macalline Home Furnishings Living | 25,975 | 31 December 2020 | Self-build | 174,350,315.69 |
(昆明盤龍) | Plaza, Fengyuan Road, Panlong District, Kunming | ||||
City, Yunnan Province (雲南省昆明市盤龍區灃 | |||||
源路紅星美凱龍家居生活廣場) | |||||
Contract Period | |||||
(Applicable | |||||
to Leased | |||||
Operating | Way of | and Managed | |||
Name | Address | Area | Opening Date | Contracting | Business Mode) |
Changde Dongxing | No. 3980, Changde Avenue, Zhugentan | 38,402 | 15 June 2020 | Contracted | 10 years since the |
(常德東星) | Community, Nanping Subdistrict, Wuling District, | management | opening | ||
Changde City, Hunan Province (湖南省常德市武 | |||||
Zibo Ogloria (淄博 | 陵區南坪街道竹根潭社區常德大道3980號) | ||||
Red Star Ogloria Shopping Mall, No. 169, | 51,142 | 28 September 2020 | Leased | Due to expire on | |
歐麗洛雅) | Liantong Road, Zhangdian District, Zibo City, | 31 July 2040 | |||
Shandong Province (山東省淄博市張店區聯通路 | |||||
169號紅星歐麗洛雅商場) |
5
Contract Period | |||||
(Applicable | |||||
to Leased | |||||
Operating | Way of | and Managed | |||
Name | Address | Area | Opening Date | Contracting | Business Mode) |
Bozhou Shaohua | Building A23, Yidu International Mall, | 34,439 | 18 July 2020 | Contracted | 12 years since the |
Road (亳州芍花路) | Intersection of Huatuo Avenue and Shaohua Road, | management | opening | ||
Qiaocheng District, Bozhou City, Anhui Province | |||||
(Red Star Macalline Bozhou Shaohua Road | |||||
Shopping Mall) (安徽省亳州市譙城區華佗大道與 | |||||
芍花路交叉口億都國際商城A23號樓(紅星美凱 | |||||
龍亳州芍花路商場)) | |||||
Quyang Nanhuan | Red Star Macalline, Intersection of Nanhuan Road | 19,269 | 18 July 2020 | Contracted | 10 years since the |
(曲陽南環) | and Chaoyang Street, Hengzhou Town, Quyang | management | opening | ||
County, Baoding City, Hebei Province (河北省保 | |||||
定市曲陽縣恒州鎮南環路與朝陽街交口紅星美凱 | |||||
龍) | |||||
Jishou Qianzhou | Yanzi Road, Shizi Community, Qianzhou Office, | 56,150 | 30 July 2020 | Contracted | 10 years since the |
(吉首乾州) | Jishou City, Xiangxi Autonomous Prefecture, | management | opening | ||
Hunan Province (Former Farmers' Market) (湖南 | |||||
省湘西自治州吉首市乾州辦事處獅子社區燕子路 | |||||
(原農貿市場)) | |||||
Laiyang Longmen | No. 470, Longmen West Road, Laiyang City, | 59,145 | 1 September 2020 | Contracted | 5 years since the |
(萊陽龍門) | Yantai City, Shandong Province (山東省煙台市萊 | management | contract took effect | ||
陽市龍門西路470號) | |||||
Cangzhou Yanshan | Intersection of Qiantong Street and Tai'an Road, | 21,512 | 12 September 2020 | Contracted | 10 years since the |
(滄州鹽山) | Yanshan County, Cangzhou City, Hebei Province | management | opening | ||
(河北省滄州市鹽山縣千童大街與泰安路交口) | |||||
Lhasa Dunzhu | Red Star Macalline, Dunzhu Financial City, Liuwu | 61,179 | 19 September 2020 | Contracted | 10 years since the |
(拉薩頓珠) | New District, Lhasa City, Tibet Autonomous | management | opening | ||
Region (西藏自治區拉薩市柳梧新區頓珠金融城 | |||||
紅星美凱龍) | |||||
Yancheng Fangong | Red Star Grand Home Mall, No. 269, Kaifang | 15,994 | 26 September 2020 | Contracted | 10 years since the |
Road (鹽城范公路) | Avenue, Yancheng City, Jiangsu Province (江蘇 | management | opening | ||
省鹽城市開放大道269號紅星至尊家居MALL) | |||||
Huishan City | No. 1777, Zhonghui Avenue, Huishan District, | 31,507 | 29 September 2020 | Contracted | Due to expire on |
Railway (惠山城鐵) | Wuxi City, Jiangsu Province (江蘇省無錫市惠山 | management | 6 April 2024 | ||
區中惠大道1777號) | |||||
Si County Huayuan | Intersection of Huayuan Road and Hongxiang | 25,704 | 30 September 2020 | Contracted | 10 years since the |
Road (泗縣花園路) | Road, Si County, Suzhou City, Anhui Province | management | opening | ||
(安徽省宿州市泗縣花園路與虹鄉路交匯處) | |||||
Qiyang Huanxing | Red Star Macalline Shopping Mall, Qiyang | 33,116 | 30 September 2020 | Contracted | 10 years since the |
(祁陽環星) | Avenue, Qiyang County, Yongzhou City, Hunan | management | opening | ||
Province (湖南省永州市祁陽縣祁陽大道紅星美 | |||||
凱龍商場) |
6
Contract Period | ||||||
(Applicable | ||||||
to Leased | ||||||
Operating | Way of | and Managed | ||||
Name | Address | Area | Opening Date | Contracting | Business Mode) | |
Chongqing Jiangjin | 19-5, No. 5 South Section of North-South Avenue, | 28,346 | 30 | September 2020 | Contracted | 10 years since the |
(重慶江津) | Degan Subdistrict, Jiangjin District, Chongqing | management | opening | |||
(重慶市江津區德感街道南北大道南段5號19-5) | ||||||
Zhuji Mall | Intersection of East 2nd Ring Road and Xiang'an | 46,547 | 1 October 2020 | Contracted | Due to expire on | |
(諸暨商場) | Road, Jiyang Subdistrict, Zhuji City, Zhejiang | management | 13 June 2028 | |||
Province (浙江省諸暨市暨陽街道東二環路與祥 | ||||||
安路交叉口) | ||||||
Guangde Binhe | Intersection of Nantang Road and Binhe Road, | 35,189 | 15 | November 2020 | Contracted | 10 years since the |
(廣德濱河) | Economic Development Zone, Guangde City, | management | opening | |||
Xuancheng City, Anhui Province (安徽省宣城市 | ||||||
廣德市經濟開發區南塘路與濱河路交叉口) | ||||||
Baoying Anyi | West to Huaijiang Avenue and South to Shugang | 37,489 | 12 | December 2020 | Contracted | 10 years since the |
(寶應安宜) | Road, Baoying County, Yangzhou City, Jiangsu | management | opening | |||
Province (江蘇省揚州市寶應縣淮江大道西側、 | ||||||
疏港路南側) | ||||||
Shangrao Yiyang | Intersection of Baima Avenue and Zhaoxian Road, | 12,409 | 12 | December 2020 | Contracted | 10 years since the |
(上饒弋陽) | Nanyan Town, Yiyang County, Shangrao City, | management | opening | |||
Jiangxi Province (江西省上饒市弋陽縣南岩鎮白 | ||||||
馬大道與招賢路交匯處) | ||||||
Xiapu New City | No. 96, Chi'an Avenue, Xiapu County, Ningde | 27,491 | 12 | December 2020 | Contracted | 10 years since the |
(霞浦新城) | City, Fujian Province (福建省寧德市霞浦縣赤岸 | management | opening | |||
大道96號) | ||||||
Chongqing Tongnan | Land parcel E7-15-01, Jiangnan Area, Tongnan | 28,526 | 12 | December 2020 | Contracted | 10 years since the |
(重慶潼南) | District, Chongqing (重慶市潼南區江南片區分區 | management | opening | |||
E7-15-01地塊) | ||||||
Yantai Laishan | North of the intersection of Zhenda Road and | 34,158 | 12 | December 2020 | Contracted | 10 years since the |
(煙台萊山) | Jintan South Road, Laishan District, Yantai City, | management | opening | |||
Shandong Province (山東省煙台市萊山區軫大路 | ||||||
與金灘南路交匯處北) | ||||||
Zhenjiang | No. 258, Xinmin Road, Sanmao Subdistrict, | 30,568 | 19 | December 2020 | Contracted | 10 years since the |
Yangzhong | Yangzhong City, Jiangsu Province (江蘇省揚中市 | management | opening | |||
(鎮江揚中) | 三茅街道新民路258號) | |||||
Weinan High Tech | Red Star Macalline, Shuangwang Subdistrict, | 45,393 | 19 | December 2020 | Contracted | 10 years since the |
(渭南高新) | Linwei District, Weinan City, Shaanxi Province | management | opening | |||
(陝西省渭南市臨渭區雙王街道紅星美凱龍) | ||||||
Fengfeng Xiangtang | No. 18, Xiangtang Avenue, Linshui Town, | 19,590 | 25 | December 2020 | Contracted | 10 years since the |
(峰峰響堂) | Fengfeng Mining District, Handan City, Hebei | management | opening | |||
Province (河北省邯鄲市峰峰礦區臨水鎮響堂大 | ||||||
道18號) | ||||||
Xinchang Mall | No. 88, Taitan Avenue, Xinchang County, | 31,628 | 26 | December 2020 | Contracted | 10 years since the |
(新昌商場) | Shaoxing City, Zhejiang Province (浙江省紹興市 | management | opening | |||
新昌縣泰坦大道88號) |
7
Contract Period | |||||
(Applicable | |||||
to Leased | |||||
Operating | Way of | and Managed | |||
Name | Address | Area | Opening Date | Contracting | Business Mode) |
Baiyin Fumen | Red Star Macalline, Changtong Road, Baiyin | 31,778 | 26 December 2020 | Contracted | 10 years since the |
(白銀福門) | District, Baiyin City, Gansu Province (甘肅省白 | management | opening | ||
銀市白銀區長通路紅星美凱龍) | |||||
Anhui Dingyuan | Intersection of Yongkang Road and Kaoshan | 34,932 | 26 December 2020 | Contracted | 10 years since the |
(安徽定遠) | Road, Dingyuan County, Chuzhou City, Anhui | management | opening | ||
Province (安徽省滁州市定遠縣永康路與靠山路 | |||||
交叉口) | |||||
Nantong Ogloria | No. 1999, Xinghu Avenue, Development Zone, | 36,408 | 27 December 2020 | Contracted | Due to expire on |
(南通歐麗洛雅) | Nantong City, Jiangsu Province (江蘇省南通市開 | management | 30 June 2030 | ||
發區星湖大道1999號) | |||||
Guangdong Heyuan | No. 88, East Jianshe Avenue, Yuancheng District, | 28,398 | 28 December 2020 | Contracted | 10 years since the |
(廣東河源) | Heyuan City, Guangdong Province (廣東省河源 | management | opening | ||
市源城區建設大道東88號) | |||||
Dancheng Yingbin | Red Star Macalline, Intersection of Keji Avenue | 33,113 | 30 December 2020 | Contracted | 10 years since the |
(鄲城迎賓) | and Yingbin Avenue, Dancheng County, Zhoukou | management | opening | ||
City, Henan Province (河南省周口市鄲城縣科技 | |||||
大道與迎賓大道交叉口紅星美凱龍) | |||||
Donghai Jingdu | No. 916, Jingdu Avenue, Donghai County, | 35,367 | 30 December 2020 | Contracted | 10 years since the |
(東海晶都) | Lianyungang City, Jiangsu Province (江蘇省連雲 | management | opening | ||
港市東海縣晶都大道916號) | |||||
Zhaotong Zhaoyang | Red Star Macalline Home Furnishings Mall, | 23,703 | 31 December 2020 | Contracted | 10 years since the |
(昭通昭陽) | Intersection of Zhaotong Avenue and Guoxue | management | opening | ||
Road, Zhaoyang District, Zhaotong City, Yunnan | |||||
Province (雲南省昭通市昭陽區昭通大道與國學 | |||||
路交叉口紅星美凱龍家居商場) | |||||
Yangxin Xingfu | No. J1, Southeast Hubei International Trade City, | 32,918 | 31 December 2020 | Contracted | 10 years since the |
(陽新興富) | Ditian Industrial Park, Yangxin Avenue, Yangxin | management | opening | ||
County, Huangshi City, Hubei Province (湖北省 |
黃石市陽新縣陽新大道荻田產業園鄂東南國際商 貿城J1號)
8
Table 1-6 Mall Closures during the Reporting Period | |||||||
Unit: m2 | |||||||
Contract | |||||||
Period | |||||||
(Applicable | |||||||
to Leased and | |||||||
Managed | |||||||
Operating | Opening | Way of | Business | Reason for | Time of | ||
Name | Address | Area | Date | Contracting | Mode) | Closure | Closure |
Hegang Gongnong Xijiefang Road, Gongnong | |
(鶴崗工農) | District, Hegang City, |
Heilongjiang Province | |
(黑龍江省鶴崗市工農區 | |
西解放路) | |
Shenyang Dadong | No.22, Pangjiang Street, |
(瀋陽大東) | Dadong District, Shenyang City, |
Liaoning Province (遼寧省瀋陽 | |
市大東區滂江街22號) | |
Shouguang Caidu | Opposite New Bus Station, |
(壽光菜都) | Wensheng Street, Shouguang |
City, | |
Shandong Province | |
(山東省壽光市文聖街 | |
新汽車站對面) | |
Dalian Jinzhou | No.42 Yongle Jinting, |
(大連金州) | Guangming Street, Jinzhou |
District, Dalian City, Liaoning | |
Province | |
(遼寧省大連市金州區 | |
光明街道永樂金庭42號) | |
Changsha Yong'an 3F, Building A6, Boda Central | |
(長沙永安) | Plaza, Yongming Road, Liuyang |
High-tech Development Zone, | |
Changsha City, Hunan Province | |
(湖南省長沙市瀏陽高新技術開 | |
發區永明路博大中央廣場A6棟 | |
三樓) | |
Hebei Hengshui | No.2236 Hongqi Street, |
(河北衡水) | Taocheng District, Hengshui |
City, Hebei Province (河北省衡 | |
水市桃城區紅旗大街2236號) | |
Langfang Second | 14# Mall, Rongsheng Huafu, |
Store (廊坊二店) | Guangyang District, Langfang |
City, Hebei Province (河北省廊 | |
坊市廣陽區榮盛華府14#商城) | |
Longyan Minxi | No. 6, Zhongxing Road, |
(龍岩閩西) | Beicheng Subdistrict, Xinluo |
District, Longyan City, Fujian | |
Province (福建省龍岩市新羅區 | |
北城街道中興路6號) | |
Yunnan Qujing | Fortune Plaza, Cuifeng Road, |
(雲南曲靖) | Qilin District, Qujing City, |
Yunnan Province (雲南省曲靖市 | |
麒麟區翠峰路財富中心) |
25,400 | 25 October | Contracted | 15 years since | Closure by mutual | March 2020 |
2010 | management | the opening | agreement between both | ||
parties | |||||
102,785 | 30 September | Leased | Due to expire | Due to strategy | May 2020 |
2010 | on 31 May | adjustment, the Company | |||
2022 | chose to close the | ||||
mall after careful | |||||
consideration | |||||
37,278 | 6 June | Contracted | 10 years since | The partner was bankrupt | June 2020 |
2014 | management | the opening | and was unable to | ||
continue to have the legal | |||||
ownership and the right | |||||
of management of the | |||||
mall properties | |||||
30,773 | 31 August | Contracted | 10 years since | The partner defaulted, | June 2020 |
2017 | management | the opening | and we terminated the | ||
contract by sending a | |||||
letter and withdrew from | |||||
the mall | |||||
9,498 | 29 December | Contracted | 10 years since | Closure by mutual | June 2020 |
2017 | management | the opening | agreement between both | ||
parties |
56,274 | 24 December | Contracted | Due to expire on | Expiration of the | July 2020 |
2016 | management | 31 March 2020 | entrusted management | ||
contract and the parties | |||||
failed to reach an | |||||
32,991 | 30 June 2017 | Contracted | Due to expire on | agreement on the renewal | |
Expiration of the | September | ||||
management | 30 September | entrusted management | 2020 | ||
2020 | contract | ||||
68,193 | 1 October | Contracted | 10 years since | Expiration of the | October |
2010 | management | the opening | entrusted management | 2020 | |
contract | |||||
37,623 | 1 October | Leased | Due to expire on | Expiration of the lease | December |
2011 | 31 December | contract | 2020 | ||
2020 |
9
-
MALLS THAT ARE IN OPENING PREPARATION AS OF THE END OF THE FOURTH QUARTER OF 2020
As of 31 December 2020, the Company has 24 pipeline Portfolio Shopping Malls (of which 19 are Owned Portfolio Shopping Malls and 5 are Leased Portfolio Shopping Malls), and the planned construction area amounted to approximately 3.55 million sq.m. (subject to the final construction areas as approved in the government permit documents). Among the pipeline Managed Shopping Malls, we have obtained land use rights/land parcels for 348 managed contractual projects.
- REVENUE AND GROSS PROFIT MARGIN OF PORTFOLIO SHOPPING MALLS FOR 2020
During the Reporting Period, the Portfolio Shopping Malls opened by the Company recorded revenue of RMB6,929,616,343.51, representing a decrease of 14.2% as compared with the same period of last year; the gross profit margin was 76.4%, representing a decrease of 2.5 percentage points as compared with the same period of 2019.
Table 3-1 Revenue and Gross Profit Margin of
Portfolio Shopping Malls Classified by Operating Mode
Unit: RMB | |||||||
Gross Profit | |||||||
Change as | Margin Change as | ||||||
Compared | Compared to | ||||||
to the Same | Gross Profit | the Same Period of | |||||
Mode of Operation | Revenue | Period | Margin | Last Year | |||
(%) | (%) | (Percentage Point) | |||||
Owned Portfolio Shopping Malls | 5,608,564,908.80 | -14.4% | 85.6% | a decrease of | |||
0.2 percentage points | |||||||
Leased Portfolio Shopping Malls | 1,055,721,470.29 | -14.7% | 32.3% | a decrease of | |||
14.0 percentage points Note 2 | |||||||
JV/Associate Portfolio Shopping Malls | 265,329,964.42 | -7.5% | 57.5% | a decrease of | |||
15.4 percentage points | |||||||
Total: | a decrease of | ||||||
6,929,616,343.51 | -14.2% | 76.4% | 2.5 percentage points | ||||
Note 1: Malls listed above are Portfolio Shopping Malls opened as at the end of each period (including JV/ Associate Portfolio Shopping Malls).
Note 2: During the epidemic, the shopping malls have implemented rent-free policy for their tenants, resulting in a period-on-period decrease in the gross profit margin of Leased Portfolio Shopping Malls.
10
Table 3-2 Revenue and Gross Profit Margin of
Portfolio Shopping Malls Classified by Location
Unit: RMB | |||||||
Gross Profit | |||||||
Margin Change as | |||||||
Change as | Compared to | ||||||
Compared to the | Gross Profit | the Same Period | |||||
Location | Revenue | Same Period | Margin | of Last Year | |||
(%) | (%) | (Percentage Point) | |||||
Beijing | 664,018,411.40 | -28.3% | 72.4% | a decrease of | |||
7.5 percentage points | |||||||
Shanghai | 1,508,103,358.04 | -13.3% | 88.8% | a decrease of | |||
1.0 percentage points | |||||||
Tianjin | 167,745,822.68 | -21.1% | 75.2% | a decrease of | |||
2.6 percentage points | |||||||
Chongqing | 454,405,458.12 | -15.4% | 80.5% | an increase of | |||
0.3 percentage points | |||||||
Northeast China | 653,345,353.14 | -22.6% | 85.0% | an increase of | |||
3.1 percentage points | |||||||
East China | 1,897,367,510.20 | -6.6% | 74.7% | a decrease of | |||
(excluding Shanghai) | 0.3 percentage points | ||||||
North China | 294,969,870.39 | -2.3% | 48.1% | a decrease of | |||
(excluding Beijing and | 1.8 percentage points | ||||||
Tianjin) | |||||||
South China | 166,044,740.43 | 36.1% | 50.8% | an increase of | |||
0.6 percentage points | |||||||
Central China | 616,959,739.81 | -20.4% | 63.7% | a decrease of | |||
14.7 percentage points | |||||||
West China | 506,656,079.30 | -13.4% | 77.2% | an increase of | |||
(excluding Chongqing) | 2.2 percentage points | ||||||
Total: | a decrease of | ||||||
6,929,616,343.51 | -14.2% | 76.4% | 2.5 percentage points | ||||
Note 1: Malls listed above are Portfolio Shopping Malls opened as at the end of each period (including JV/ Associate Portfolio Shopping Malls).
11
The operating information of this announcement is provided to investors to understand the operation of the Company only. The Company advises investors to exercise caution when using such information.
This announcement is published simultaneously in Chinese and English. In the event of any inconsistency between Chinese and English versions, the Chinese version shall prevail.
Notice is hereby given.
By Order of the Board
Red Star Macalline Group Corporation Ltd.
GUO Binghe
Vice Chairman
Shanghai, the PRC
30 March 2021
As at the date of this announcement, the executive Directors of the Company are CHE Jianxing, GUO Binghe, CHE Jianfang and JIANG Xiaozhong; the non-executive Directors are CHEN Shuhong, JING Jie, XU Hong, LIU Jin and CHEN Zhaohui; and the independent non-executive Directors are QIAN Shizheng, LEE Kwan Hung, Eddie, WANG Xiao, ZHAO Chongyi and QIN Hong.
12
Attachments
- Original document
- Permalink
Disclaimer
Red Star Macalline Group Corp. Ltd. published this content on 30 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2021 14:54:12 UTC.