01 11 The Power to Transform 專 注 致 遠 順 勢 有 為 Enduring Commitment TRANSFORMATIVE IMPACT 堅 謝 致 遠 2024 年報Ｉ股份代號：165 1 封面故事 堅韌致遠 水滴石穿 水滴，微小卻堅定。 它一次次落下，無聲卻有力。 每一次流動，都是對困境的突破； 每一道溝壑，都是在堅守中成長的印記； 在等待中保持耐心，在沉澱中積蓄力量。 光大控股走過跨境資產管理27載，恒久韌性、專注致 遠，持續培育耐心資本，以水滴般的韌性，在每一次衝 擊中開闢前行的道路。 目錄 風險管理報告 董事會報告 企業管治報告 董事及高級管理人員 管理層討論與分析 6 8 18 66 75 22 87 38 12 公司概覽 主席報告書 二零二四年業務 發展亮點 二零二四年回顧 財務報告 | 92 | 獨立核數師報告 | | --- | --- | | 97 | 綜合損益表 | | 98 | 綜合全面收益表 | | 99 | 綜合財務狀況表 | | 101 | 綜合權益變動表 | | | | 103 財務報表附註 186 財務摘要 187 主要物業資料 188 公 ...

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 告 的 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 對 因 本 公 告 全 部 或 任 何 部 份 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 中國光大控股有限公司 CHINA EVERBRIGHT LIMITED （於香港註冊成立之有限公司） （股份代號：165） 公 告 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度 之 業 績 中 國 光 大 控 股 有 限 公 司（「本 公 司」或「光 大 控 股」）董 事 會（「董 事 會」或「董 事」）宣 佈，本 公 司 及 其 附 屬 公 司（統 稱 為「本 集 團」）截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度 之 綜 合 業 績 連 同 上 年 度 相 關 比 較 數 字 如 下： – 1 – 綜 合 損 益 表 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 ...

光大控股 EVERBRIGHT LIMI The Power to Transform 專 注 致 遠 | 順 勢 有 為 TOGETHER WE GO FURTHER 協力精進 與時同行 2024 中期報告 I 股份代號 : 165 www.fac.arg 公司资料 | --- | --- | |---------------|-------| | | | | | | | 董事會成員 | | | 于法昌(主席)· | | | 林 春(總裁) | | | 安雪松 | | | IH | | | 尹岩武 | | | 楽洪元" | | | 林志軍 * | | | 器卓堅 * | | | 黃俊碩 * | | | --- | --- | |-------|----------------| | | | | . | 非執行董事 | | " | 獨立非執行董事 | | | 公司秘書 | | | 温劍瑩 | | | 註冊地址 | | 香港 | | | | 夏恳道16號 | | | 遠東金融中心 | | 46樓 | | 主要往來銀行 中國光大銀行股份有限公司 中國建設銀行股份有限公司 中國農業銀行股份有限公司 中國工商銀行(亞 ...

Financial Performance - Revenue for the six months ended June 30, 2024, decreased to HKD 3,028,249 thousand from HKD 3,968,827 thousand in the same period last year, representing a decline of 23.7%[3] - Net investment loss for the period was HKD 389,551 thousand, compared to a net investment gain of HKD 731,601 thousand in the previous year, marking a significant downturn[3] - The company reported a net loss of HKD 1,242,981 thousand for the six months ended June 30, 2024, compared to a net profit of HKD 410,610 thousand in the same period last year[3] - Basic and diluted loss per share for the period was HKD 0.761, compared to a profit per share of HKD 0.186 in the previous year[3] - Total comprehensive loss for the period was HKD 970,930 thousand, compared to a comprehensive loss of HKD 773,809 thousand in the same period last year[4] - The company's total assets as of June 30, 2024, stood at HKD 53,985,691 thousand, down from HKD 56,220,941 thousand as of December 31, 2023[5] - The company's equity attributable to shareholders decreased to HKD 996,747 thousand as of June 30, 2024, from HKD 649,415 thousand at the end of 2023[4] - The company's net loss for the period was HKD 1,282,100 thousand as of June 30, 2024[11] - Other comprehensive income for the period was HKD 285,353 thousand as of June 30, 2024[11] - The company reported a basic and diluted loss per share of HKD 1,282,100,000 for the six months ended June 30, 2024, compared to a profit of HKD 312,676,000 for the same period in 2023[27] - The company's total operating loss for the first half of 2024 was HKD 812,608 thousand, with the largest loss in financial investments (HKD 437,770 thousand)[97] - In the first half of 2024, the company's pre-tax loss was HKD 1,520,061 thousand, with a significant loss in financial investments (HKD 437,271 thousand)[97] - The company's total revenue for the first half of 2023 was HKD 1,074,130 thousand, with the highest revenue from market investments (HKD 931,867 thousand)[98] - In the first half of 2023, the company's pre-tax profit was HKD 276,002 thousand, with the highest profit from cornerstone investments (HKD 797,648 thousand)[98] - The company's total assets as of June 30, 2024, were HKD 78,113,066 thousand, with liabilities of HKD 31,694,361 thousand[99] - Unallocated corporate assets amounted to HKD 79,587,922[100] - The company's total assets as of June 30, 2024, were HKD 78.113 billion, down from HKD 79.588 billion at the end of 2023[145] - Net assets as of June 30, 2024, were HKD 32.877 billion, compared to HKD 34.106 billion at the end of 2023[145] - The company held cash and bank balances of HKD 9.735 billion as of June 30, 2024, up from HKD 9.588 billion at the end of 2023[146] Investment Performance - Investment properties decreased slightly to HKD 5,541,617 thousand as of June 30, 2024, from HKD 5,584,819 thousand at the end of 2023[5] - The fair value of financial assets through profit or loss decreased to HKD 23,752,522 thousand as of June 30, 2024, from HKD 26,496,579 thousand at the end of 2023[5] - The company's non-current assets, including property, plant, and equipment, remained relatively stable at HKD 461,515 thousand as of June 30, 2024, compared to HKD 463,967 thousand at the end of 2023[5] - Total assets increased to HKD 60,193,922 thousand as of June 30, 2024, compared to HKD 58,254,580 thousand as of February 31, 2023[6] - Net current assets rose to HKD 6,208,231 thousand as of June 30, 2024, up from HKD 2,033,639 thousand as of February 31, 2023[6] - Total liabilities decreased to HKD 27,316,980 thousand as of June 30, 2024, from HKD 24,148,794 thousand as of February 31, 2023[7] - Equity attributable to the company's shareholders declined to HKD 29,823,013 thousand as of June 30, 2024, from HKD 30,989,721 thousand as of February 31, 2023[7] - Cash and bank balances increased to HKD 9,734,946 thousand as of June 30, 2024, compared to HKD 9,588,078 thousand as of February 31, 2023[6] - Customer loans decreased slightly to HKD 3,056,057 thousand as of June 30, 2024, from HKD 3,070,573 thousand as of February 31, 2023[6] - Trade securities increased to HKD 2,999,341 thousand as of June 30, 2024, from HKD 2,916,448 thousand as of February 31, 2023[6] - Non-current liabilities rose to HKD 27,316,980 thousand as of June 30, 2024, from HKD 24,148,794 thousand as of February 31, 2023[7] - The investment property revaluation net gain was HKD 760,263 for the six months ended June 30, 2023, with no revaluation gain reported for the same period in 2024[28] - The company's investment in associate companies had a net book value of HKD 17,861,199 as of June 30, 2024, compared to HKD 17,709,713 as of December 31, 2023[29] - The company holds a 20.73% equity interest in Everbright Securities Co., Ltd., with a market value of HKD 15,314,145,000 as of June 30, 2024[31] - The company holds a 38.08% equity interest in China Aircraft Leasing Group Holdings Limited, primarily engaged in investment holding[31] - The company holds a 29.17% equity interest in Everbright Jiabao Co., Ltd., primarily engaged in real estate development and asset management[31] - The company holds a 49.29% equity interest in Everbright Senior Health Industry Co., Ltd., primarily engaged in providing elderly care services[31] - The market value of Hong Kong-listed shares decreased to HKD 790,735,000 as of June 30, 2024, from HKD 1,028,806,000 as of December 31, 2023[32] - The market value of Mainland China-listed shares decreased to HKD 886,619,000 as of June 30, 2024, from HKD 1,245,288,000 as of December 31, 2023[32] - The company holds a 49.29% equity stake in Everbright Elderly Care after a RMB 50 million investment by another investor[32] - The carrying amount of joint venture investments decreased to HKD 906,296,000 as of June 30, 2024, from HKD 932,964,000 as of December 31, 2023[33] - The company holds a 50.0% equity stake in Wuxi Ronghong Guolian Equity Investment Co., Ltd., a joint venture providing investment advisory services[34] - The company holds a 48.0% equity stake in Shandong High-Speed Everbright Industrial Investment Fund Management Co., Ltd., a joint venture providing fund management services[34] - The company holds a 49.0% equity stake in Shouyu Everbright Asset Management Co., Ltd., a joint venture providing asset management services[34] - The fair value of listed equity securities outside Hong Kong increased to HKD 5,462,542,000 as of June 30, 2024, from HKD 5,032,899,000 as of December 31, 2023[36] - The fair value of non-listed equity securities and collective investment schemes outside Hong Kong decreased to HKD 18,177,562,000 as of June 30, 2024, from HKD 20,789,666,000 as of December 31, 2023[38] - The fair value of listed and non-listed equity securities held by the company as of June 30, 2024, was HKD 17,480,881,000, down from HKD 19,346,709,000 as of December 31, 2023[39] - Total customer loans increased to HKD 4,179,420,000 as of June 30, 2024, compared to HKD 4,036,858,000 as of December 31, 2023[41] - Impairment allowance for customer loans rose to HKD 1,123,363,000 as of June 30, 2024, up from HKD 966,285,000 as of December 31, 2023[41] - Net book value of customer loans decreased slightly to HKD 3,056,057,000 as of June 30, 2024, from HKD 3,070,573,000 as of December 31, 2023[41] - Receivables, deposits, prepayments, and other assets increased to HKD 2,673,440,000 as of June 30, 2024, compared to HKD 2,446,389,000 as of December 31, 2023[43] - Impairment allowance for receivables, deposits, prepayments, and other assets rose to HKD 593,070,000 as of June 30, 2024, up from HKD 517,284,000 as of December 31, 2023[44] - Total receivables, deposits, prepayments, and other assets net of impairment allowance increased to HKD 2,080,370,000 as of June 30, 2024, from HKD 1,929,105,000 as of December 31, 2023[43] - Stage 3 customer loans increased to HKD 2,946,819,000 as of June 30, 2024, compared to HKD 2,333,606,000 as of December 31, 2023[42] - Stage 2 customer loans decreased to HKD 1,226,737,000 as of June 30, 2024, from HKD 1,697,398,000 as of December 31, 2023[42] - Stage 3 impairment allowance for customer loans increased to HKD 970,081,000 as of June 30, 2024, up from HKD 631,357,000 as of December 31, 2023[42] - Stage 2 impairment allowance for customer loans decreased to HKD 153,277,000 as of June 30, 2024, from HKD 334,923,000 as of December 31, 2023[42] - Total current assets increased to HKD 2,999,341 thousand as of June 30, 2024, compared to HKD 2,916,448 thousand as of December 31, 2023[46] - Listed equity securities in Hong Kong increased to HKD 145,416 thousand as of June 30, 2024, up from HKD 84,316 thousand as of December 31, 2023[46] - Listed debt securities outside Hong Kong rose to HKD 1,991,888 thousand as of June 30, 2024, compared to HKD 1,688,699 thousand as of December 31, 2023[46] - Bank loans decreased to HKD 14,332,684 thousand as of June 30, 2024, from HKD 18,603,608 thousand as of December 31, 2023[48] - Unsecured bank loans accounted for HKD 12,721,411 thousand as of June 30, 2024, down from HKD 16,442,209 thousand as of December 31, 2023[49] - Bonds payable increased to HKD 18,626,390 thousand as of June 30, 2024, compared to HKD 13,793,500 thousand as of December 31, 2023[50] - Current portion of bonds payable decreased to HKD 4,930,515 thousand as of June 30, 2024, from HKD 6,069,140 thousand as of December 31, 2023[51] - Non-current financial liabilities to third-party investors stood at HKD 6,402,650 thousand as of June 30, 2024, down from HKD 6,768,868 thousand as of December 31, 2023[54] - Issued and fully paid ordinary shares remained unchanged at 1,685,254 thousand shares as of June 30, 2024, and December 31, 2023[55] - The company issued perpetual medium-term notes with a principal amount of RMB 2,000,000,000 (approximately HKD 2,184,880,000) in 2023, with a distribution rate of 3.60% per annum for the first 3 years, resetting every 3 years thereafter[57] - The company redeemed all outstanding preferred perpetual capital securities with a principal amount of USD 300,000,000 (approximately HKD 2,325,540,000) on October 27, 2023, which had a distribution rate of 3.80% per annum for the first 3 years[56] - As of December 31, 2023, the total liabilities of the company amounted to HKD 40,137,131,000, including bank loans of HKD 14,332,684,000 and other financial liabilities of HKD 6,840,458,000[59] - The company's total liabilities as of June 30, 2024, were HKD 39,899,756,000, with bank loans accounting for HKD 18,603,608,000 and other financial liabilities for HKD 7,241,282,000[60] - The company's management fee income from joint ventures and associates was HKD 341,000 for the period from January 1 to June 30, 2024, compared to HKD 78,000 for the same period in 2023[62] - Interest income from related party banks was HKD 10,139,000 for the period from January 1 to June 30, 2024, down from HKD 21,636,000 in the same period in 2023[62] - The company's interest expense on loans from related party banks was HKD 86,152,000 for the period from January 1 to June 30, 2024, slightly up from HKD 85,635,000 in the same period in 2023[62] - Receivables from associates and related parties increased to HKD 324,036 thousand as of June 30, 2024, compared to HKD 152,881 thousand as of February 31, 2023[63] - Bank deposits with related parties rose to HKD 2,513,786 thousand as of June 30, 2024, from HKD 2,449,018 thousand as of February 31, 2023[63] - Loans to associates and related parties decreased to HKD 2,235,402 thousand as of June 30, 2024, from HKD 2,246,484 thousand as of February 31, 2023[63] - Capital commitments totaled HKD 10,230,904 thousand as of June 30, 2024, down from HKD 10,568,890 thousand as of February 31, 2023[66] - Future undiscounted lease payments receivable from tenants amounted to HKD 822,539 thousand as of June 30, 2024, compared to HKD 937,711 thousand as of December 31, 2023[68] - The fair value of asset derivative contracts was HKD 12,902 thousand as of June 30, 2024, down from HKD 21,162 thousand as of December 31, 2023[70] - The fair value of liability derivative contracts increased to HKD (36,646) thousand as of June 30, 2024, from HKD (27,938) thousand as of December 31, 2023[70] - The notional amount of asset derivative contracts decreased to HKD 108,619 thousand as of June 30, 2024, from HKD 325,369 thousand as of December 31, 2023[70] - The notional amount of liability derivative contracts rose to HKD 2,404,326 thousand as of June 30, 2024, from HKD 2,241,356 thousand as of December 31, 2023[70] - The company's credit risk management framework includes comprehensive policies, procedures, and credit risk limits, which are regularly reviewed and updated[73] - The company's credit risk management is embedded across all business units, with the first line of defense being the business departments and frontline teams[73] - The company uses a three-stage approach to measure expected credit losses: Stage 1 (12-month expected credit loss), Stage 2 (expected credit loss without credit impairment), and Stage 3 (lifetime expected credit loss with credit impairment)[75] - The company assesses expected credit losses based on the probability of default, loss given default, exposure at default, and the actual interest rate at the reporting date[76] - As of June 30, 2024, the expected credit loss for unsecured financial assets was measured with a probability of default ranging from 0.28% to 100% and a loss given default ranging from 24% to 97%[76]

Asset Management and Investment Performance - Total assets under management (AUM) reached HKD 126.2 billion, with 73 funds under management[7] - The company's seed capital commitment accounted for approximately 27% of the total AUM, amounting to HKD 33.6 billion[8] - In 2023, the company successfully exited projects totaling HKD 7.458 billion, generating overall returns of approximately HKD 2.776 billion[9] - The exit multiple (MOIC) for the exited projects was approximately 1.6x[10] - The company raised HKD 1.324 billion in new funds, focusing on industries such as energy conservation, integrated circuits, and new energy[10] - The company's proprietary investment business had a total asset value of approximately HKD 32.1 billion[8] - The company's global M&A fund and another fund generated performance fee income of HKD 153 million and HKD 175 million, respectively[9] - The company managed 235 post-investment projects in the primary market, covering high-growth industries such as healthcare, new energy, semiconductors, and high-end manufacturing[9] - The company's investment in the AI solution provider "Fourth Paradigm" led to its successful listing on the Hong Kong Stock Exchange[18] - The company's subsidiary, Kunshan Development Zone Guangkong Digital Industry Fund, completed its first capital contribution and registration with the China Securities Investment Fund Association[18] - The company's consumer fund invested in Sichuan Dekon Agriculture and Animal Husbandry, which successfully listed on the Hong Kong Stock Exchange[19] - The company's new economic fund was awarded the "Investment Institution Soft Power Ranking - New Economy TOP 20" by FOFWEEKLY[27] - The company's convertible bond opportunity fund received multiple awards including "Best Asia (ex-Japan) Fixed Income Hedge Fund (3 years)" and "Best Asia (ex-Japan) Hedge Fund (5 years)"[27] - The company raised approximately HKD 1.324 billion in new funds and advanced the establishment of several new funds including the Zhejiang Manufacturing Sub-Fund and the Overseas Infrastructure Phase II Fund[31] - The company successfully listed three portfolio companies (Dekon Agriculture, Fourth Paradigm, and Xiao-i Robot) and received multiple industry awards including "2023 State-Owned Direct Investment Institution Best Return TOP8"[31] - The company established the Yixing Guangkong Industrial Investment Series Fund with a first-phase scale of RMB 1.2 billion and completed the first closing of the Guangkong Kunshan Fund with RMB 300 million[31] - The company's GDP achieved a year-on-year growth of 5.2% in 2023, meeting major expected targets[30] - The company's asset management business faced significant challenges in 2023, with overall profitability impacted despite some improvements compared to 2022[30] - The company's asset management business is undergoing a critical adjustment period, focusing on sustainable development and exploring the connotation and extension of asset management[30] - The company's asset management business is actively exploring light-asset business directions and deepening reforms in the asset management sector[32] - The company's asset management business is focusing on industries with competitive advantages and development potential, guiding more financial resources to promote technological innovation, advanced manufacturing, and green development[32] - Total assets under management (AUM) for the fund management business decreased by HKD 39.2 billion to HKD 126.2 billion in 2023, with RMB-denominated funds accounting for 78% of the total AUM[49] - The company raised HKD 1.324 billion in new funds and established one new fund during the reporting period[49] - The company exited 82 projects, realizing cash inflows of approximately HKD 4.584 billion, and invested in 17 projects with a total commitment of HKD 420 million[50] - The primary market fund business managed 43 funds with a total size of HKD 93.3 billion, covering sectors such as semiconductors, industrial internet, and high-end manufacturing[51] - The secondary market fund business managed 21 funds and accounts with an AUM of HKD 6.1 billion, with fixed-income products accounting for 95% of the total AUM[52] - The flagship Asia Convertible Bond Fund received multiple awards, including "Best Asia (ex-Japan) Fixed Income Hedge Fund (3 years)" and "Best Asia (ex-Japan) Fixed Income Hedge Fund (5 years)"[52] - The total assets under management of the parent fund reached approximately HKD 26.816 billion as of December 31, 2023[53] - The parent fund invested in 95 projects (sub-funds and direct investments), with 147 portfolio companies achieving IPOs, including 19 new IPOs during the reporting period[53] - The real estate investment and asset management business managed 54 projects through Everbright Anshi, with a fund management scale of approximately RMB 24.443 billion (HKD 26.97 billion) and total assets under management of RMB 46.756 billion (HKD 51.59 billion)[54] - The self-owned capital investment business held 62 post-investment projects with a total book value of approximately HKD 32.1 billion, including HKD 4.7 billion in equity of China Aircraft Leasing, Everbright Elderly Care, and Terminus[55][56] - China Aircraft Leasing's fleet size increased to 192 aircraft, with 165 owned and 27 managed, serving 41 airlines across 20 countries and regions[57] - Everbright Elderly Care operates 190 service sites across more than 50 cities in China, managing approximately 32,000 beds[58] - Terminus made significant progress in research, with over 20 papers accepted by top international academic conferences and the establishment of a joint research center with HKUST (Guangzhou)[59] - The financial investment segment of self-owned capital reached HKD 9.2 billion, with the top 10 projects accounting for HKD 6.5 billion in book value[60] - The company holds 956 million shares of Everbright Securities, accounting for 20.73% of its total share capital, with a book value of HKD 13.2 billion, representing 38.6% of the company's net assets and 16.5% of total assets[62] - The company's share of Everbright Securities' investment profit increased by 28.0% year-on-year to HKD 881 million[62] - The company holds 1.57 billion shares of Everbright Bank, accounting for 2.66% of its total share capital, with a book value and fair value of HKD 5 billion, representing 14.8% of the company's net assets and 6.3% of total assets[63] - Everbright Bank's contribution to the company's revenue decreased by 11.2% year-on-year to HKD 331 million[63] - The company's cornerstone investments in Everbright Securities and Everbright Bank account for 53.3% of its net assets and 22.9% of total assets[61] - The fair value of the company's Everbright Securities shares is HKD 16.3 billion based on the closing price of RMB 15.42 per share on December 31, 2023[62] - The company's equity attributable to shareholders per share was HKD 18.39 as of December 31, 2023, compared to HKD 20.47 in the previous year[65] - The company plans to focus on technology innovation, advanced manufacturing, and green development in 2024, while optimizing its investment layout and promoting business transformation[65] Financial Performance and Revenue - Total revenue for 2023 reached HKD 59.85 billion, showing a steady increase from previous years[13] - Customer contract revenue in 2023 was HKD 43.38 billion, representing a 38.0% increase compared to previous years[14] - Total revenue for 2023 was HKD 1.661 billion, compared to a loss of HKD 4.484 billion in the previous year[38] - Client contract revenue decreased by 6% due to a decline in the net assets of secondary market funds and some funds entering the exit phase[38] - Management fee revenue in 2023 was HKD 792 million, down from HKD 843 million in 2022[38] - Performance and advisory fee revenue in 2023 was HKD 182 million, compared to HKD 266 million in 2022[38] - Investment losses in 2023 were HKD 489 million, a significant improvement from HKD 5.886 billion in 2022[38] - Interest income increased to HKD 660 million in 2023 from HKD 564 million in 2022[38] - Dividend income dropped to HKD 992 million in 2023 from HKD 2.124 billion in 2022[38] - Unrealized investment losses decreased to HKD 2.128 billion in 2023 from HKD 8.634 billion in 2022[38] - Other income sources contributed HKD 1.102 billion in 2023, compared to a loss of HKD 75 million in 2022[38] - Share of profits from associates and joint ventures was HKD 231 million and HKD 25 million, respectively, in 2023[38] - Total client contract revenue for 2023 was HKD 792 million, a decrease of HKD 51 million compared to the previous year[39] - Management fee income decreased to HKD 182 million, down by HKD 84 million year-over-year, primarily due to new funds still in the fundraising phase and some funds entering the exit phase[39] - Performance and consulting fee income decreased to HKD 377 million, down by HKD 13 million compared to the previous year[39] - Investment losses for 2023 were HKD 489 million, significantly reduced from HKD 5.886 billion in the previous year[40] - Unrealized investment losses decreased by HKD 6.506 billion to HKD 2.128 billion, mainly due to valuation declines in financial investments and key investment enterprises[40] - Fund management business revenue improved to HKD 1.001 billion, compared to a loss of HKD 2.349 billion in 2022, driven by better performance and valuation increases in some investment projects[41] - Own capital investment business revenue was HKD 660 million, compared to a loss of HKD 2.135 billion in 2022, with unrealized losses decreasing from HKD 3.587 billion to HKD 2.247 billion[41] - Earned management fee income was HKD 571 million, a 26.8% decrease year-over-year, with primary market earned management fee income down 32% to HKD 396 million[44] - Net loss attributable to shareholders was HKD 1.923 billion, significantly reduced from HKD 7.443 billion in 2022, mainly due to improved performance in fund management and own capital investment businesses[46] - Net loss attributable to shareholders was HKD 1.923 billion, while net cash inflow from operating activities reached HKD 3.177 billion, and net cash inflow from investment activities was HKD 1.704 billion[47] - The company declared a final dividend of HKD 0.10 per share for 2023, a 33% decrease compared to HKD 0.15 per share in 2022[47] - The interest-bearing debt ratio increased to 95.0% in 2023, up by 8.1 percentage points from 86.9% in 2022, primarily due to RMB depreciation and a decline in the share price of China Everbright Bank[48] - The company's cash and cash equivalents stood at HKD 9.6 billion, with an unused bank credit line of approximately HKD 14.1 billion, maintaining strong liquidity[48] - The company's total assets as of December 31, 2023, were HKD 79.588 billion, with net assets of HKD 34.106 billion and equity attributable to shareholders of HKD 30.99 billion[65] - The company held cash and bank balances of HKD 9.588 billion as of December 31, 2023, primarily in HKD and RMB[66] - The company's distributable reserves as of December 31, 2023, were HKD 2,198,856,000, up from HKD 1,373,693,000 in 2022[173] - The company completed the redemption of USD 300,000,000 in perpetual capital securities on October 27, 2023, which were issued in October 2020[172] - The company made charitable donations totaling HKD 38,200 in 2023[170] - The company's total revenue and contribution to operating performance by business segment and geographic distribution are detailed in the financial statements[167] - The company's property, plant, and equipment, as well as investment properties, are detailed in the financial statements, with changes during the year noted[169] - The company's bank loans and bonds payable are classified as current or non-current liabilities based on their repayment terms, with no interest capitalized during the year[174] - The company plans to issue debt financing instruments with a total amount not exceeding RMB 20 billion in China, with major underwriters including Bank of China, China Construction Bank, and others[175] - The company's controlling shareholder, China Everbright Group, holds approximately 49.74% of the company's total issued shares[175][176] - The company renewed a lease agreement for office space in Hong Kong, with a lease term of 3 years starting from November 22, 2023[175] - The company's daily maximum deposit amount with Everbright Bank for the three financial years ending December 31, 2023, was set at HKD 850,000,000[178] - The company provided asset management services to Everbright Group, with an annual cap of HKD 360,000,000 for the three financial years ending December 31, 2023[179] - The company's brokerage services with Everbright Group had an annual cap of HKD 28,000,000 for the three financial years ending December 31, 2023[180] - Custody services provided by China Everbright Group and its affiliates amounted to approximately HKD 910,000 for the year ended December 31, 2023, with an annual cap of HKD 28,000,000 for each of the three years ending December 31, 2023[181] - The custody services are provided on terms no less favorable than those offered to independent third parties, and the company retains the right to obtain custody services from third parties[181] - Independent non-executive directors and auditors have reviewed and confirmed that the related party transactions are conducted in the ordinary course of business and on fair and reasonable terms[181] - No other significant related party transactions were conducted during the year that would constitute a connected transaction under the listing rules[182] ESG and Corporate Governance - The MSCI ESG rating of the company was upgraded to BBB, reflecting continuous improvement in ESG performance[19] - The company's ESG report was published separately, disclosing information on responsible investment and TCFD, further enhancing its ESG management system[11] - The company adheres to corporate governance best practices, ensuring compliance with Hong Kong regulations and the HKEX Corporate Governance Code[79] - The company's vision is to "pioneer investment innovation and lead industry transformation," leveraging over 25 years of cross-border asset management and private equity experience[80] - The Board of Directors consists of 10 members, including 4 executive directors and 6 non-executive directors (4 of whom are independent)[81] - New director appointments are decided by the Board based on recommendations from the Nomination Committee, with directors subject to re-election every three years[83] - The board consists of 7 male and 2 female members, with a male to female ratio of 1:0.98 among 255 full-time employees[85] - The company has not set any measurable targets for gender diversity but will review the diversity policy periodically[85] - All independent non-executive directors have appropriate professional qualifications and accounting or financial management expertise[87] - The board ensures a strong independent element with independent non-executive directors making up at least one-third of the board[87] - The company provides directors and officers liability insurance, with annual reviews of coverage and scope[88] - The board is responsible for setting long-term strategies, approving business plans, and monitoring financial and ESG performance[89] - The board ensures timely and accurate disclosure and communication with stakeholders[89] - The board reviews and monitors risk management and internal control systems to ensure they are appropriate[89] - The Board of Directors has established and reviewed the company's corporate governance policies and guidelines, including the Board Authority Document and Authorization Outline[90][92] - The company has implemented a risk management system and regularly reviews internal control, risk management, and ESG reports[92] - The Chairman ensures that all directors are well-informed about important matters and leads the Board in setting corporate goals and strategies[93] - The Management Decision Committee, chaired by the President, is responsible for the daily administration, operation, and management of the group's business and affairs[93] - New directors receive an induction program covering director responsibilities, listing rules, and company operations, with written confirmation of their understanding of statutory obligations[94] - The Board has established a director training guideline, providing monthly financial updates and relevant regulatory changes to directors through the "Director Communication"[94] - Directors are encouraged to participate in professional training courses to update their knowledge and skills, with training records maintained for 2023[94] - The Board of Directors held a total of five meetings in 2023, with all directors having the opportunity to include discussion items in the agenda[96] - The attendance rate for board meetings was 100% for most directors, including Yu Fachang, Zhang Ming, Wang Yun, Yin Yanwu, Pan Wenjie, Fang Bin, Lin Zhijun, Zhong Ruiming, and Luo Zhuojian[98] - The Executive Director Committee, consisting of four executive directors, has the authority to approve management-submitted corporate goals and business development plans[100] - The Executive Director Committee can approve significant transactions that do not require disclosure under the listing rules[100] - The Executive Director Committee is responsible for approving major matters related to the company's equity interests in China Everbright Bank and Everbright Securities[100] - The Executive Director Committee has the authority to approve bank account openings, changes in authorized signatories, and other banking-related resolutions[100] - The Executive Director Committee can approve loan renewals, replacements, and other banking-related resolutions[100] - The Executive Director Committee can propose the establishment or cancellation of any special committees to the Board of Directors[100] - The Executive Director Committee's resolutions have the same effect as Board resolutions[100] - The company ensures that directors, especially non-executive and independent non-executive directors, have sufficient resources to fulfill their duties

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 告 的 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 對 因 本 公 告 全 部 或 任 何 部 份 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 中國光大控股有限公司 CHINA EVERBRIGHT LIMITED （於香港註冊成立之有限公司） （股份代號：165） 公 告 截 至 二 零 二 三 年 十 二 月 三 十 一 日 止 年 度 之 業 績 中 國 光 大 控 股 有 限 公 司（「本 公 司」或「光 大 控 股」）董 事 會（「董 事 會」或「董 事」）宣 佈，本 公 司 及 其 附 屬 公 司（統 稱 為「本 集 團」）截 至 二 零 二 三 年 十 二 月 三 十 一 日 止 年 度 之 綜 合 業 績 連 同 上 年 度 相 關 比 較 數 字 如 下： – 1 – 綜 合 損 益 表 截 至 二 零 二 三 年 十 二 月 三 十 一 日 止 ...

lllellin The Power to Transform 專 注 致 遠 | 顺 勢 有 為 2023 中期 報 告 | 股 份 代 號：165 Charting a Course forward with STABLE GROWTH 穿越 週期 e 9 設計 ・印刷及製作 ：智盛财經媒體有限公司 www.gennexfm.com a fac arg 混合產品 公司資料 # 非執行董事 * 獨立非執行董事 董事會成員 于法昌（主席）# 張明翱（總裁） 王 云 尹岩武 潘文捷# 方 斌# 林志軍* 鍾瑞明* 羅卓堅* 公司秘書 温劍瑩 註冊地址 香港 夏慤道16號 遠東金融中心 46樓 主要往來銀行 中國光大銀行股份有限公司 中國工商銀行（亞洲）有限公司 中國建設銀行股份有限公司 中國農業銀行股份有限公司 交通銀行股份有限公司 中國銀行（香港）有限公司 上海浦東發展銀行股份有限公司香港分行 股票登記及過戶處 卓佳秘書商務有限公司 香港夏愨道16號 遠東金融中心17樓 核數師 安永會計師事務所 執業會計師 註冊公眾利益實體核數師 網址 http://www.everbright.com 投資者關係聯絡 ir ...

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告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 中國光大控股有限公司 （於香港註冊成立之有限公司） （股份代號：165） 公 告 截至二零二三年六月三十日止六個月之中期業績 中期業績 中 國 光 大 控 股 有 限 公 司（「本 公 司」或「光 大 控 股」）董 事 會（「董 事 會」或「董 事」）宣 佈 本 公 司 及 其 附 屬 公 司（統 稱「本 集 團」）截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 未 經 審 核 的 業 績。此 中 期 財 務 報 表 是 未 經 審 核 的，但 安 永 會 計 師 事 務 所（本 公 司 核 數 師） 已 按 照 香 港 會 計 師 公 會 頒 佈 之《香 港 審 閱 工 作 準 則》第2410號「由 實 體 的 獨 立 核 數 師 執 行 中 期 財 務 資 料 審 閱」，審 閱 此 中 期 財 務 報 表，其 審 閱 報 告 刊 載 於 即 將 寄 發 予股東的中期報告。此中期財務報 ...

The Power to Transform 專 注 致 遠 順 勢 有 為 年 報 2022 | 股 份 代 號：165 Charting a Course forward with STABLE GROWTH 穿 越 週 期 穩 步 前 航 0 封 面 故 事 年 報 2022 | 股份代號 : 165 Charting a Course forward with STABLE GROWTH 航海中會遇到無數的風浪與未知， 正如企業發展過程中的波動與挑戰，需從中看準形勢、洞悉先機， 方能及時應對、化危為機。 卓越的領航者，經驗豐富，臨危不亂，以堅定的信念、遠大的格局， 帶領團隊穩步前航。 光大控股憑藉超過二十五年的跨境投資和資產管理經驗， 歷經幾番風雨而不斷壯大，無論是風平浪靜，還是波濤洶湧， 總能穿越週期，穩步前航。 目 錄 8 公司概覽 10 二零二二年業務 發展亮點 16 二零二二年回顧 24 主席報告書 28 管理層討論與分析 41 企業管治報告 66 風險管理報告 75 董事會報告 89 董事及高級管理人員 財 務 報 告 | --- | --- | --- | |-------|------- ...

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 告 的 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 對因本公告全部或任何部份 內 容 而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 中國光大控股有限公司 （於香港註冊成立之有限公司） （股份代號：165） 公 告 截至二零二二年十二月三十一日止 年度之業績 中 國 光 大 控 股 有 限 公 司（「本 公 司」或「光 大 控 股」）董 事 會（「董 事 會」或「董 事」）宣 佈，本 公 司 及 其 附 屬 公 司（統 稱 為「本 集 團」）截 至 二零二二年十二月三十一日止年 度之綜合業績 連同上年度相關比較數字如下： – 1 – 綜合損益表 截至二零二二年十二月三十一日止年度 | --- | --- | --- | --- | |-------------------------------------------|---------|--------------------|----------------| | | | 二零二二年 | 二零二一年 | | | ...