Core Viewpoint - The company anticipates a loss of approximately HKD 42 million to HKD 44 million in the first half of 2025, a significant decline from a profit of HKD 8.12 million in the same period last year [1] Financial Performance - The expected loss is primarily attributed to a foreign exchange loss of about HKD 27 million during the period, in contrast to a foreign exchange gain of approximately HKD 19.39 million in the same period last year [1]

Group 1 - The company, Great China Holdings, expects to incur a loss of approximately HKD 42 million to HKD 44 million in the first half of 2025, compared to a profit of HKD 8.12 million in the same period last year [1] - The anticipated loss is primarily attributed to a foreign exchange loss of about HKD 27 million during the period, in contrast to a foreign exchange gain of approximately HKD 19.39 million in the previous year [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不會就因本公佈全 部或 任 何部 份 內容 而產 生 或因 倚 賴該 等內 容 而引 致 之任 何損 失 承擔 任 何責 任。 承董 事 會命 大中華控股 (香 港 )有限 公 司 主席 黃世再 香港 ， 二零 二 五年 八月 十 九日 於本公佈刊發日期，董事會由 兩 名 執 行 董 事 ： 黃 世 再 先 生 （ 主 席 ） 及 黃 文 稀 女 士（行政總裁）； 一名非執行董事 ： 李 知 真 先 生 以 及 三 名 獨 立 非 執 行 董 事 ： 鄭 康棋 先 生、 梁 坤先 生和 王 紅欣 先 生組 成。 －1－ 盈利預警 本公 佈 乃大 中 華控 股（香 港 ）有限 公 司（「 本公司 」，連 同其 附 屬公 司 統稱「 本 集 團 」）根 據 香港 聯 合交 易 所有 限 公司 證券 上 市規 則（「 上 市 規 則 」）第13.09(2) 條及 香 港法 例 第 571章證 券 及期 貨 條例 第 XIVA部 之 內幕 消 息條 文（ 定義 見 上市 規 則） 發 出。 本公 ...

Group 1 - The company, Great China Holdings (00021.HK), announced that it will hold a board meeting on August 25, 2025, to approve its interim results for the period ending June 30, 2025 [1]

香港 ， 二零 二 五年 八月 十 二日 董事會會議召開日期 大 中 華 控 股 (香 港 )有限公司 (「本公司」 )董 事 會 (「董事會」 )謹 此 宣 佈 ， 本 公 司 將 於 二零 二 五 年 八 月 二 十五 日 (星 期 一 )舉 行 董事 會 會 議 ， 藉 以 批准 (其中包括 )本 公司 及 其附 屬 公司 截至 二 零二 五 年六 月三 十 日止 中 期業 績。 承董 事 會命 大中華控股 (香 港 )有限 公 司 主席 黃世再 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不會就因本公佈全 部或 任 何部 份 內容 而產 生 或因 倚 賴該 等內 容 而引 致 之任 何損 失 承擔 任 何責 任。 (於香港註冊成立之有限公司 ) (股 份代 號 ：21) 於本公佈刊發日期，董事會由 兩 名 執 行 董 事 ： 黃 世 再 先 生 （ 主 席 ） 及 黃 文 稀 女 士（行政總裁）； 一名非執行董事 ： 李 知 真 先 生 以 及 三 名 獨 立 非 執 行 董 事 ： 鄭 康棋 先 生、 梁 坤先 生和 王 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年7月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 大中華控股(香港)有限公司 | | | 呈交日期: | 2025年8月1日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.1.1 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00021 | | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 3,975,233,406 | | 0 | | 3,975,233,406 | | 增加 / 減少 (-) | | | | | | | | | ...

Financial Performance - For the fiscal year ending December 31, 2024, the company reported a revenue of approximately HKD 132,580,000, an increase of about 456% compared to last year's revenue of approximately HKD 23,840,000[13]. - The profit attributable to the company's owners for the fiscal year was approximately HKD 17,110,000, a turnaround from a loss of approximately HKD 4,040,000 in the previous year[13]. - The increase in revenue was primarily driven by a rise in the area of property sales delivered during the year[13]. - The company experienced an increase in revenue and foreign exchange gains due to the conversion of financial liabilities, alongside a reduction in administrative and operational expenses[13]. - The increase in profit was partially offset by an increase in the fair value loss of investment properties[13]. - Total revenue for the year ended December 31, 2024, was HKD 132,584,000, a significant increase from HKD 23,843,000 in 2023, representing a growth of approximately 455%[144]. - Gross profit for 2024 was HKD 40,217,000, compared to HKD 9,385,000 in 2023, indicating a gross margin improvement[144]. - The company reported a profit before tax of HKD 21,928,000 for 2024, recovering from a loss of HKD 3,935,000 in the previous year[144]. - Net profit for the year was HKD 17,105,000, a turnaround from a loss of HKD 4,041,000 in 2023, reflecting a positive performance shift[144]. Assets and Liabilities - Total current assets amount to approximately HKD 801,870,000, while total current liabilities are approximately HKD 1,132,330,000 as of December 31, 2024[31]. - The company's debt-to-equity ratio is approximately 2.5% as of December 31, 2024, compared to 3.0% as of December 31, 2023[31]. - The company has unrecognized capital commitments totaling approximately HKD 398,810,000 as of December 31, 2024, down from HKD 465,950,000 as of December 31, 2023[32]. - The company has contingent liabilities of approximately RMB 155,630,000 (equivalent to approximately HKD 164,990,000) as of December 31, 2024[35]. - The company has a net current liability position of HKD 330,459,000 as of December 31, 2024, compared to HKD 325,691,000 in 2023[145]. - Total assets decreased to HKD 1,283,992,000 in 2024 from HKD 1,328,839,000 in 2023, a decline of approximately 3.4%[145]. - Current liabilities decreased to HKD 1,132,326,000 in 2024 from HKD 1,215,939,000 in 2023, a reduction of about 6.9%[145]. - The company's equity attributable to owners decreased to HKD 803,761,000 in 2024 from HKD 841,957,000 in 2023, a decline of approximately 4.5%[146]. Corporate Governance - The board of directors is committed to maintaining high levels of corporate governance to enhance transparency in disclosing important information[40]. - The company has adopted the standard code of conduct for securities trading by directors, confirming compliance for the fiscal year ending December 31, 2024[41]. - The board consists of two executive directors, one non-executive director, and three independent non-executive directors, aiming for a balanced and diverse structure[43]. - The audit committee held four meetings to discuss annual audit arrangements and review the group's financial performance and accounting principles adopted[53]. - The audit committee is responsible for monitoring the effectiveness of internal controls and risk management systems to ensure management fulfills its duties[52]. - The company has implemented a set of internal policies and guidelines for managing investment targets, effective from May 1, 2025[68]. - The board has established three committees: audit committee, remuneration committee, and nomination committee, to ensure effective governance[46]. - The company has adopted the corporate governance code as per the listing rules and has fully complied with it for the year ending December 31, 2024[111]. Employee and Operational Information - The company has increased its employee count to 81 as of December 31, 2024, from 62 as of December 31, 2023, with related employee costs amounting to approximately HKD 18,520,000[38]. - The company will continue to focus on mid-to-high-end commercial and tourism property development and investment, seeking quality and cost-effective investment opportunities[15]. - The company has not engaged in any significant investments or acquisitions during the fiscal year ending December 31, 2024[34]. - The company has not taken any arrangements to acquire its own shares or bonds as of December 31, 2024[103]. Legal and Compliance Matters - The company has appealed a court ruling requiring it to pay approximately RMB 16,700,000 (approximately HKD 18,100,000) to a contractor[25]. - The group has initiated civil litigation against the associate company to obtain updated financial information as required under the cooperation agreement, with the first hearing scheduled for May 2025[73]. - The audit committee is aware of the basis for the qualified audit opinion and acknowledges the lack of control over the associate company’s management and operations[74]. - The company will keep shareholders and investors informed about the latest developments regarding the audit issues[75]. Shareholder Information - The company has a total of 3,975,233,406 shares issued as of December 31, 2024[98]. - Mr. Huang Shizai holds 1,848,162,476 shares, representing 46.49% of the company's issued share capital[98]. - Ms. Huang Wenxi holds a total of 635,801,409 shares, which is 16.00% of the company's issued share capital[98]. - Mr. Li Zhizhen has a total of 49,448,730 shares, accounting for 1.24% of the company's issued share capital[98]. - The board does not recommend the distribution of any dividends for the fiscal year ending December 31, 2024[86]. Accounting and Financial Reporting - The group has adopted new accounting standards that do not have a significant impact on the consolidated financial statements[161]. - The revisions to HKAS 1 clarify the classification of liabilities as current or non-current, enhancing consistency in application[160]. - The group applies equity accounting for investments in associates, recognizing share of profits and losses in the consolidated income statement[174]. - The company measures goodwill initially at cost, which includes the total consideration transferred, the amount of non-controlling interest recognized, and the fair value of any previously held equity interests in the acquiree[176]. - The company conducts annual impairment tests for goodwill as of December 31[176]. - The company recognizes gains or losses from changes in the fair value of investment properties in the profit or loss for the period in which they occur[187].

Financial Performance - The total revenue for the year ended December 31, 2024, was HKD 132,584,000, a significant increase from HKD 23,843,000 in 2023, representing a growth of approximately 455%[3] - Gross profit for the same period was HKD 40,217,000, compared to HKD 9,385,000 in 2023, indicating a growth of about 328%[3] - The net profit for the year was HKD 17,105,000, a turnaround from a loss of HKD 4,041,000 in the previous year[3] - The basic and diluted earnings per share for the year were HKD 0.43, compared to a loss of HKD 0.10 per share in 2023[4] - The profit attributable to the company's owners for the year ended December 31, 2024, was approximately HKD 17,110,000, a turnaround from a loss of HKD 4,040,000 in the previous year[43] Revenue Sources - Property sales revenue reached HKD 122,322,000 for the year ending December 31, 2024, compared to HKD 13,018,000 in 2023, indicating an increase of about 839%[32] - Property management income was HKD 8,850,000 in 2024, slightly up from HKD 8,339,000 in 2023, reflecting a growth of approximately 6%[32] Financial Position - Total assets less current liabilities amounted to HKD 953,533,000, a decrease from HKD 1,003,148,000 in 2023[5] - The company's cash and bank balances decreased to HKD 32,760,000 from HKD 46,472,000, a decline of about 29.5%[5] - The total liabilities decreased from HKD 1,215,939,000 in 2023 to HKD 1,132,326,000 in 2024, indicating a reduction of approximately 6.9%[5] - Trade payables decreased to HKD 25,311,000 in 2024 from HKD 45,357,000 in 2023, showing a reduction of approximately 44.3%[42] - The total current assets amounted to approximately HKD 801,870,000, while total current liabilities were approximately HKD 1,132,330,000, resulting in a debt-to-equity ratio of about 2.5%[54] Expenses and Costs - Total financial expenses increased to HKD 1,166,000 in 2024 from HKD 706,000 in 2023, marking a rise of about 65%[32] - Employee costs, including director remuneration, increased to HKD 20,273,000 in 2024 from HKD 17,156,000 in 2023, reflecting a rise of approximately 12.3%[34] - The company incurred a loss of HKD 88,004,000 from the cost of properties sold in 2024, compared to HKD 9,821,000 in 2023, indicating a significant increase in property sales activity[34] - The total income tax expense for the year was HKD 4,823,000, up from HKD 106,000 in the previous year, primarily due to the recognition of Chinese corporate income tax and land appreciation tax[37] Shareholder and Governance Matters - The company did not recommend any dividend distribution for the years ended December 31, 2024, and 2023[38] - The company has a financial support commitment from a major shareholder amounting to approximately HKD 930,732,000 until the company can repay its obligations[11] - The company has maintained compliance with corporate governance codes as per the listing rules throughout the fiscal year[63] Projects and Developments - The company has received a pre-sale permit for the first phase of the Jinliwan project, which will cover a total construction area of approximately 430,000 square meters[44] - The company has established a sales center and exhibition hall for the first phase of the Jinliwan project, which is set to open soon[44] - The Jinbao City project in Shanwei is expected to generate property sales of approximately HKD 122,320,000 for the year ending December 31, 2024, compared to HKD 13,020,000 in 2023[47] - The Jinbao City project has received pre-sale deposits of approximately HKD 52,260,000 as of December 31, 2024, down from HKD 113,550,000 a year earlier[47] - The Honghai Bay project is currently on hold, with the company reassessing its positioning based on market conditions and local government guidelines[48] Legal and Contingent Liabilities - A final court ruling requires the company to pay approximately RMB 18,500,000 (around HKD 20,300,000) to the contractor, with an appeal currently in process[49] - The company has initiated a lawsuit against Greenland Hong Kong for approximately RMB 123,900,000 (around HKD 134,200,000) related to shareholder loans under the cooperation agreement[51] - The company reported contingent liabilities of approximately RMB 155,630,000 (equivalent to about HKD 164,990,000) related to guarantees provided for housing loans[58] Accounting and Reporting - The company has not adopted any new or revised Hong Kong Financial Reporting Standards that would have a significant impact on its financial performance or position[26] - The company expects that the adoption of new accounting standards will not have a significant impact on its financial performance or position in the future[26] - The company has consolidated its resources and does not present separate financial information for independent operating segments[30] Audit and Financial Disclosures - The group has been unable to obtain sufficient appropriate audit evidence regarding the equity interest and receivable from the associate company, which may impact the financial performance and disclosures in the consolidated financial statements[70] - The group has taken all reasonable steps to request updated financial information from the associate company but has only received unaudited financial data for the six months ending June 30, 2024[69] Employment and Staffing - The company employed 81 staff members as of December 31, 2024, with total employee costs amounting to approximately HKD 18,520,000, an increase from HKD 15,790,000 in the previous year[61] Market and Investment Strategy - The company continues to focus on mid-to-high-end commercial and tourism property development and investment strategies[53] - The company has not engaged in any significant investments, acquisitions, or disposals during the fiscal year ending December 31, 2024[57] - The company has not hedged its foreign exchange risks, which may impact its operational performance due to fluctuations in the RMB and HKD exchange rates[56] Shareholder Rights - The company will suspend the transfer of shares from June 3, 2025, to June 6, 2025, to determine the rights of shareholders attending the annual general meeting[72]

Financial Performance - For the six months ended June 30, 2024, the company reported revenue of HKD 5,180,000, a decrease of 72.4% compared to HKD 18,725,000 for the same period in 2023[1] - The gross profit for the same period was HKD 3,179,000, down from HKD 6,732,000, reflecting a significant decline in profitability[1] - The company recorded a profit before tax of HKD 9,349,000, compared to HKD 28,170,000 in the previous year, indicating a decrease of 66.8%[1] - The net profit for the period was HKD 8,121,000, a decline of 71.0% from HKD 28,060,000 in the prior year[1] - The total comprehensive loss for the period was HKD 31,957,000, an improvement from a loss of HKD 48,742,000 in the same period last year[1] - The basic and diluted earnings per share for the period were HKD 0.20, a decrease from HKD 0.71 in the same period last year[1] - The profit attributable to the company's owners for the same period was approximately HKD 8,120,000, down from HKD 28,060,000 year-on-year, primarily due to reduced foreign exchange gains from financial liabilities and decreased revenue[44] Assets and Liabilities - Non-current assets totaled HKD 1,299,237,000 as of June 30, 2024, down from HKD 1,328,839,000 at the end of 2023[3] - Current assets increased to HKD 901,464,000 from HKD 890,248,000, showing a growth of 1.4%[3] - The total liabilities amounted to HKD 1,233,363,000, compared to HKD 1,215,939,000 at the end of 2023, indicating a slight increase in liabilities[4] - The company's equity attributable to owners was HKD 810,013,000, down from HKD 841,970,000 at the end of the previous year[4] - Trade receivables as of June 30, 2024, amounted to HKD 1,447 million, an increase from HKD 1,049 million as of December 31, 2023, representing a 37.9% growth[28] - The aging analysis of trade receivables shows that overdue amounts over 90 days increased to HKD 1,182 million from HKD 861 million, a rise of 37.2%[28] - The total current liabilities as of June 30, 2024, were approximately HKD 1,233,360,000, up from HKD 1,215,940,000 on December 31, 2023[54] Cash Flow and Financing - The net cash flow from operating activities was HKD (7,641,000), a decline from HKD 4,964,000 in the previous year, indicating a significant cash outflow[7] - The financing activities generated a net cash inflow of HKD 8,080,000, down from HKD 11,491,000 in the previous year, primarily due to repayments of loans and lease liabilities[9] - Cash and cash equivalents at the end of the period stood at HKD 10,260,000, a decrease from HKD 1,716,000 at the end of June 2023[9] - The company reported a net foreign exchange loss of HKD (19,079,000), compared to a loss of HKD (26,380,000) in the prior year, reflecting improved currency conditions[7] Investment and Projects - The company has received a pre-sale permit for the first phase of the Jinliwan project, which has a total construction area of approximately 430,000 square meters[45] - The company has paid approximately RMB 92,490,000 as consideration for the acquisition of a 99.99% stake in Tangshan Caofeidian, with a remaining payment of RMB 12,000,000 contingent on the seller settling personal income tax[47] - The Honghaiwan project is planned to be developed into a tourism and entertainment complex with a total construction area of approximately 720,000 square meters[51] - The company is actively discussing the overall planning of the Tanghai County project with local government authorities due to its designation as a nature reserve[47] - The company has established a sales center and exhibition hall for the first phase of the Jinliwan project, which is set to open soon[45] Corporate Governance and Compliance - The company has not reported any significant changes in accounting policies that would materially affect its financial performance or position[12] - The company operates a single reportable segment focused on property development and investment in China, with no independent financial data available for separate reporting[14] - The company’s interim financial statements have not been audited but have been reviewed by the audit committee, ensuring compliance with relevant regulations[11] - The company has adopted and fully complied with the corporate governance code as per the listing rules during the six months ending June 30, 2024[66] - The company has established an audit committee consisting of three independent non-executive directors to review the unaudited interim results for the six months ending June 30, 2024[68] Employee and Management - The total remuneration for key management personnel for the six months ended June 30, 2024, was HKD 867 million, up from HKD 668 million for the same period in 2023, a rise of 30%[38] - The group employed 76 staff members as of June 30, 2024, an increase from 62 staff members on December 31, 2023[58] - Employee costs for the six months ended June 30, 2024, were approximately HKD 8,690,000, compared to HKD 7,540,000 for the same period in 2023[58] Risk Management - Financial risk management policies have not undergone significant changes since January 1, 2024, indicating stability in the company's approach to managing foreign currency, credit, and liquidity risks[41]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不會就因本公佈全部 或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 GREAT CHINA HOLDINGS (HONG KONG) LIMITED ⟥ᳫ劭㉥佟桗㳭 㗇攎⊶ （於香港註冊成立之有限公司） （股份代號：21） 截至二零二四年六月三十日止六個月之 中期業績公佈 大 中 華 控 股（香 港）有 限 公 司（「本 公 司」）之 董 事 會（「董 事 會」）欣 然 公 佈 本 公 司 及 其 附 屬 公 司（統 稱「本 集 團」）截 至 二 零 二 四 年 六 月 三 十 日 止 六 個 月 之 未 經 審 核 中 期 簡 明綜合業績，連同二零二三年同期之選定比較資料如下： 中期簡明綜合全面收益表 截至二零二四年六月三十日止六個月 截至六月三十日止六個月 | --- | --- | --- | --- | |------------------------|---------|---------------------|-------------------| | ...