Financial Performance - The company reported revenue of HKD 6,135,000 for the six months ended September 30, 2022, compared to HKD 2,400,000 for the same period in 2021, representing a significant increase of 155.6%[7] - The company incurred an operating loss of HKD 17,407,000 for the current period, compared to an operating profit of HKD 6,508,000 in the previous year[7] - The net loss attributable to shareholders for the period was HKD 18,578,000, a decline from a profit of HKD 5,789,000 in the same period last year[7] - Total comprehensive loss for the period amounted to HKD 23,936,000, compared to a total comprehensive income of HKD 5,616,000 in the prior year[8] - Basic and diluted loss per share for the current period was HKD 0.76, compared to earnings of HKD 0.30 per share in the previous year[8] - The company reported a fair value change of financial assets recognized in profit or loss of HKD 140,000, compared to a loss of HKD 8,405,000 in the previous year[7] - Administrative expenses increased to HKD 23,663,000 from HKD 8,230,000 in the previous year, indicating a rise of 187.5%[7] - The company recognized expected credit loss impairment of HKD 3,233,000, a significant decrease from HKD 29,000,000 in the previous year[7] Cash Flow and Assets - The net cash used in operating activities for the six months ended September 30, 2022, was HKD (111,851) thousand, compared to HKD (76,071) thousand for the same period in 2021, indicating a decline in cash flow from operations[14] - Cash and cash equivalents decreased to HKD 4,354 thousand as of September 30, 2022, down from HKD 68,509 thousand as of September 30, 2021, reflecting a reduction of approximately 93.7%[14] - As of September 30, 2022, total assets amounted to HKD 229,212 thousand, an increase from HKD 167,165 thousand as of March 31, 2022, representing a growth of approximately 37.1%[10] - The company reported a total equity of HKD 203,990 thousand as of September 30, 2022, down from HKD 224,016 thousand as of March 31, 2022, a decrease of about 9.0%[11] - The net cash generated from investing activities was HKD 46,499 thousand for the six months ended September 30, 2022, compared to a net cash used of HKD (32,781) thousand in the same period of 2021, indicating a significant improvement[14] Liabilities and Equity - The total liabilities decreased from HKD 1,527 thousand as of March 31, 2022, to HKD 193 thousand as of September 30, 2022, showing a significant reduction in non-current liabilities[10] - The company’s equity attributable to owners increased from HKD 22,856 thousand to HKD 24,610 thousand, reflecting a growth of approximately 7.7%[11] - The company experienced a foreign exchange loss of HKD (1,203) thousand during the period, impacting the overall equity[13] Shareholder Information - The company’s total issued and paid-up ordinary shares increased to 2,461,029,000 shares as of September 30, 2022, from 2,285,579,000 shares as of March 31, 2022[52] - The net asset value per share as of September 30, 2022, was HKD 0.08, compared to HKD 0.01 as of March 31, 2022[53] - The total number of related shares held by directors is 28,347,756, accounting for 1.152% of the issued share capital[74] Investment Activities - The company is exploring investment opportunities in various sectors in mainland China, including agriculture and financial services, and has signed multiple strategic cooperation memorandums[55] - The company has engaged a professional consulting firm for due diligence on potential investment projects[55] - The company has adopted a cautious investment approach due to an uncertain investment environment, focusing on selective trading of shares in Hong Kong-listed companies[55] - The company entered into an agreement to acquire 7% of the issued ordinary shares of Tider Holdings Limited for a total consideration of HKD 40 million, which includes cash payment of HKD 10.93 million and issuance of 290,720,000 new shares at an issue price of HKD 0.10 per share[102] - The acquisition of a 30% stake in Lanzhou Wo Le Home Service Co., Ltd. was agreed upon for a total consideration of HKD 36 million, to be settled through the issuance of 360,000,000 new shares at an issue price of HKD 0.10 per share[103] Corporate Governance - The company has adhered to the corporate governance code as per the listing rules, with the exception of the separation of roles between the chairman and the CEO, which is currently not in place[105] - The audit committee, composed entirely of independent non-executive directors, is responsible for reviewing the financial information and overseeing the financial reporting system and internal control procedures[108] - The interim results for the period were reviewed by the audit committee before being recommended for approval by the board[110]

Investment Disposition - The company sold its entire equity in Golden Resources and Huge Leader as of March 31, 2022, and no longer holds any interests in these investments[7]. Audit Opinion - The current auditor issued a qualified opinion regarding the financial statements for the year ended March 31, 2022, due to limitations related to the equity in Golden Resources and Huge Leader[6]. Impact of Audit Change - The board believes that the audit change is a one-time and non-recurring event, which will not affect the group's assets, liabilities, financial performance, or cash flows for the year ended March 31, 2022[7]. - The audit change is expected to be removed in the fiscal year ending March 31, 2023[5]. - The current auditor confirmed that the audit change will not have a continuing impact on the group's future fiscal years[8].

CHINA INVESTMENT DEVELOPMENT LIMITED 中 國 投 資 開 發 有 限 公 司 (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) (於開曼群島註冊成立並於百慕建續存之有限公司) Stock Code 股份代號: 204 ANNUAL REPORT 年報 2022 CONTENTS 目錄 Corporate Information 2 公司資料 Financial Highlights 7 財務摘要 Management Discussion and Analysis 8 管理層討論與分析 Biographical Details of Directors and Senior Management 12 董事及高級管理層履歷 Report of the Directors 18 董事報告 Environmental, Social and Governance Report 35 環境、社會及管治報告 Corporate Governance Report ...

CHINA INVESTMENT DEVELOPMENT LIMITED 中 國 投 資 開 發 有 限 公 司 (於開曼群島註冊成立並於百張挫續存之有限公司) (股份代號：204) | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | 公司資料 | 公司秘書 | | 董事會 執行董事 陳昌義先生 非執行董事 韓正 ...

CHINA INVESTMENT DEVELOPMENT LIMITED 中 國 投 資 開 發 有 限 公 司 (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) (於関曼群島註冊成立並於百慕建續存之有限公司) Stock Code 股份代號: 204 allo light - 11 488 ANNUAL 年 REPORT 報 2021 CONTENTS 目錄 China Investment Development Limited • 中國投資開發有限公司 CONTENTS CONTENTS 目錄 目錄 Annual Report 年報 2021 Annual Report 年報 2021 1 | --- | --- | --- | --- | |---------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | Corporate Informat ...

CHINA INVESTMENT DEVELOPMENT LIMITED 中國投資開發有限公司 (於開曼群島註冊成立並於百慕建織存之有限公司) (股份代號：204) 1 中國投資開發有限公司• 中期報告2020 公司資料 | --- | --- | |---------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------| | | | | | | | 董事會 執行董事 陳昌義先生 | 主要往來銀行 大新銀行有限公司 中信銀行（國際）有限公司 交通銀行 | | 非執行董事 楊曉秋女士 （主席） 閆鵬先生 | 核數師 香港立信德豪會計師事務所有限公司 | | 獨立非執行董事 黎遠彪先生 梁美卿女士 鄧東平先生 審核委員會 | 執業會計師 股份過戶登記總處 MUFG Fund Service (Bermuda ...

CHINA INVESTMENT DEVELOPMENT LIMITED 國 投 資 開 發 有 限 公 司 中 (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) (於関曼群島註冊成立並於百幕建續存之有限公司) Stock Code 股份代號: 204 ANNUAL REPORT 年報 CONTENTS 目錄 China Investment Development Limited • 中國投資開發有限公司 Annual Report 年報 2019 CONTENTS 目錄 Corporate Information 2 公司資料 Financial Highlights 4 財務摘要 Report of the Directors 5 董事報告 Management Discussion and Analysis 17 管理層討論與分析 Corporate Governance Report 27 企業管治報告 Environmental, Social and Governance Re ...