China South City Holdings Limited 華南城控股有限公司
Climate Impact & Sustainability Data (2007-03-31 to 2009-03-31)
Reporting Period: 2007-03-31 to 2009-03-31
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Demand for our trade centers may continue to be negatively affected by the recent financial market and economic crisis
- We may not be able to complete the development of Phase Two of China South City Shenzhen, our property under development, or commence or complete our properties planned for future development in Nanchang and Nanning on time or within budget
- We may not be able to obtain adequate funding to complete the development of Phase Two of China South City Shenzhen, our property under development, or our properties planned for future development in Nanchang and Nanning
- If we are unable to obtain the land-use rights for our properties planned for future development, including Nanchang and Nanning, we will not be able to develop these planned projects
- The treatment of China South International or any of the project companies for our properties planned for future development as domestic real estate developers or foreign investment real estate enterprises may subject us to restrictions imposed on such enterprises under relevant PRC laws and regulations
- Our results of operations may fluctuate from period to period due to variations in the proceeds received from sales and leases of trade center units and the fair value of our investment properties
- Our operations are subject to extensive governmental regulation, and we are susceptible to changes in policies related to the real estate or logistics market in China
- We face competition from other industrial materials trade centers
- In previous years, we engaged in advertising services without proper authorization, which could subject us to penalties
- In the past, we have experienced certain incidents of non-compliance with respect to statutory requirements and rules and regulations and if we are unable to effectively comply with such rules and regulations or fail to effectively manage our growth, our business, results of operations and financial condition could suffer
- We are a holding company and rely on dividends paid by our subsidiaries for our funding requirements
- Sales of our properties are subject to land appreciation tax and income tax
- The implementation of the PRC Enterprise Income Tax Law may significantly increase our income tax expenses
- Any occurrence or recurrence of severe acute respiratory syndrome, or SARS, avian influenza, influenza A H1N1 or other widespread public health problems could adversely affect our business, financial condition and results of operations
- We may have to forfeit land being developed if we do not comply with the terms of the land grant contract
Mitigation Strategies
- We have adopted several measures to prevent tenants from defaulting on rental payments
- We have adopted certain measures to improve our internal control procedures
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Shenzhen Major Construction Project
- Top 100 Overseas Chinese Invested Enterprises in China