Financial Performance - The company recorded a profit attributable to equity holders of approximately HKD 23.7 million for the year, compared to a loss of HKD 14.6 million in the previous year[8]. - The company recorded revenue of approximately HKD 227 million for the year, an increase of about 77% compared to HKD 128.4 million in the previous year[40]. - Gross profit for the year was approximately HKD 68.5 million, up about 89% from HKD 36.2 million in the previous year, primarily due to increased revenue from the property management business[45]. - The gross profit margin improved from approximately 28% in the previous year to about 30% this year, driven by the higher proportion of revenue from the property management segment[45]. - The company reported a profit of approximately HKD 21.8 million from continuing operations, a significant improvement from a loss of HKD 23.9 million in the previous year[46]. - Revenue from property management services for the year was approximately HKD 157.5 million, compared to HKD 72.0 million in 2021, reflecting a growth of 118%[18]. - The property management and leasing services revenue reached approximately HKD 157.5 million, a 119% increase compared to HKD 72.0 million in the previous year[29]. - The environmental sanitation services generated revenue of approximately HKD 40.8 million, up from HKD 2.2 million in the previous year[31]. - The group confirmed revenue of approximately HKD 40.8 million from environmental sanitation services, a significant increase from HKD 2.2 million in 2021[19]. - The company has outlined a future outlook with a projected revenue growth of 10% for the next fiscal year[91]. Business Expansion and Acquisitions - The company completed the acquisition of Hebei Dongsheng Property Service Co., Ltd. and Kinyoun International Limited, marking a diversification of its business focus[8]. - The company has expanded its business into property management and environmental sanitation services, responding to unprecedented market changes due to the pandemic[8]. - The group entered into agreements to acquire 47 commercial units with an estimated total gross floor area of approximately 2,563 square meters, expected to be delivered by December 2023[17]. - The company completed the acquisition of Kinyoun International, further expanding its leasing-related business[28]. - The company completed the acquisition of 47 commercial units in Shijiazhuang, Hebei Province, for a total consideration of approximately HKD 26.47 million[58]. - The acquisition transaction was classified as a connected transaction under the listing rules due to the ownership structure involving the chairman and CEO of the company[135]. Corporate Governance and Management - The board consists of seven directors, including three independent non-executive directors, ensuring a balance of skills and experience[155]. - The board has decided not to declare a final dividend for the year, focusing on reinvestment into business growth[94]. - The company has established good corporate governance practices and procedures, regularly reviewing them to ensure compliance with regulatory requirements[154]. - The audit committee reviewed the financial reporting procedures and internal controls, affirming compliance with applicable accounting standards and listing rules[142]. - The company has confirmed the independence of its independent non-executive directors as of the report date[110]. - The company has adopted a board diversity policy, considering factors such as gender, age, cultural background, and professional experience to enhance strategic goals and sustainable development[157]. - The company encourages directors to participate in continuous professional development programs to enhance their understanding of business operations[158]. - The company has established communication channels between the internal audit team and the audit committee to address areas of concern[168]. Market and Industry Trends - The property management sector in China is experiencing favorable policy developments, which are expected to enhance service quality and market opportunities[12]. - The company is focusing on urban services related to domestic demand and public services, indicating a strategic shift in its business model[8]. - The reopening of China in early 2023 is expected to gradually revive the outbound tourism industry, which the group will monitor closely[24]. - The company has been expanding its presence in the tourism and environmental sectors, with a focus on sustainable development[78]. Employee and Workforce Information - The total number of employees as of December 31, 2022, was 2,312, significantly up from 680 in 2021[63]. - Employee costs, including director remuneration, were approximately HKD 56.7 million for the year, compared to HKD 22.6 million in 2021[63]. - The group has a workforce of 2,312 employees as of December 31, 2022, with a gender ratio of 58.7% male (1,356) and 41.3% female (956) employees[175]. Financial Position and Assets - As of December 31, 2022, the total value of properties, plants, equipment, and right-of-use assets amounted to approximately HKD 182.7 million, an increase from HKD 137.9 million in 2021[51]. - The company’s assets primarily include properties, factories, equipment, and cash equivalents, with a total loan amount of approximately HKD 522.7 million secured against certain assets[50]. - The current ratio was approximately 3.4 as of December 31, 2022, compared to 3.7 in 2021, indicating a stable liquidity position[54]. - The company has made significant investments in its environmental hygiene business, with vehicle and equipment net book value reaching approximately HKD 63.9 million as of December 31, 2022, compared to HKD 3.9 million in 2021[51]. Compliance and Regulatory Matters - The company has maintained compliance with relevant laws and regulations, ensuring operational stability[90]. - The company will ensure timely disclosure of inside information to the public in accordance with the guidelines issued by the Hong Kong Securities and Futures Commission[170]. - The company has complied with the reporting and announcement requirements for all connected transactions as per the listing rules[135]. Future Outlook and Strategic Plans - The company aims to enhance its corporate image and clarify its positioning by changing its name to Dongsheng Smart City Service Holdings Limited, effective July 11, 2022[9]. - Future guidance indicates a strategic emphasis on mergers and acquisitions to bolster market position[78]. - The company is actively pursuing partnerships to expand its service offerings and geographic reach[78]. - Research and development efforts are focused on innovative technology solutions, with an investment of $2 million planned for the upcoming year[91].

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，概不就因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 ORIENT VICTORY SMART URBAN SERVICES HOLDING LIMITED 東勝智慧城市服務控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：265） 截至二零二二年十二月三十一日止年度的 全年業績公告 摘要： • 本集團於本年度錄得收入約227.0百萬港元（二零二一年：約128.4百萬港 元（經重列）），較二零二一年同期增加約77%，主要受本集團自二零二一 年五月起開展物業管理業務所驅動。物業管理業務於本年度的全年度表 現為本集團貢獻收入約157.5百萬港元（二零二一年：約72.0百萬港元），較 二零二一年同期增加約119%。 • 本年度本公司權益擁有人應佔持續經營業務溢利約為23.7百萬港元（二零 二一年：本公司權益擁有人應佔持續經營業務年內虧損約14.6百萬港元（經 重列））。扭虧為盈主要歸因於物業管理業務於本年度的分部業績較二零 二一年同期增加約35.8百萬 ...

Financial Performance - The company recorded a profit attributable to equity holders of approximately HKD 3.2 million for the six months ended June 30, 2022, compared to a loss of approximately HKD 8.2 million for the same period in 2021[8]. - Revenue for the six months ended June 30, 2022, was HKD 124,794,000, a significant increase from HKD 47,740,000 in the same period of 2021, representing a growth of 161.5%[100]. - Gross profit for the same period was HKD 32,570,000, compared to HKD 6,488,000 in 2021, indicating a substantial increase of 400.5%[100]. - The company reported a profit from continuing operations of HKD 2,977,000 for the six months ended June 30, 2022, recovering from a loss of HKD 11,234,000 in the prior year[100]. - The total comprehensive loss for the period was HKD 21,479,000, compared to a loss of HKD 21,000 in the same period of 2021[103]. - The company reported a net loss of HKD 6,178,000 for the first half of 2022, compared to a loss of HKD 3,371,000 in 2021[135]. - The basic and diluted loss per share from continuing operations was HKD 0.06, compared to a loss of HKD 0.10 in the previous year[100]. Revenue Breakdown - Revenue from property management services amounted to approximately HKD 75.8 million for the period, compared to HKD 10.4 million for the six months ended June 30, 2021[16]. - The group confirmed revenue of approximately HKD 11.7 million from environmental sanitation services during the period, a significant increase from zero for the six months ended June 30, 2021[19]. - The group generated approximately HKD 24.6 million in revenue from property management services provided to Dongsheng Real Estate and its subsidiaries during the period, compared to HKD 1.2 million for the six months ended June 30, 2021[15]. - Revenue from promotional, event planning, and consulting services was approximately HKD 7.6 million during the period, down from HKD 16.9 million for the six months ended June 30, 2021[20]. - Revenue from the tourism segment contributed approximately HKD 5.7 million during the period, down from HKD 15.7 million in the previous period due to changes in the operating model[30]. - The diversified travel products and services segment recorded revenue of approximately HKD 23.9 million, up from HKD 4.7 million, representing a growth of 404%[37]. Business Developments - The company completed the acquisition of Shijiazhuang Dongsheng Property Services Co., Ltd. and Kinyoun International Limited in May and August 2021, respectively, marking a successful diversification of its business focus[8]. - The company plans to change its name from "Orient Victory Travel Group Limited" to "Orient Victory Smart Urban Services Holding Limited," effective July 11, 2022, to better reflect its diversified business development[9]. - The acquisition of 47 commercial units with an estimated total building area of approximately 2,563 square meters is expected to be completed by December 2023[14]. - The group plans to reallocate resources to more profitable businesses, such as property management and leasing services, following the sale of its 65% stake in Four Seas Travel, which is expected to yield a net gain of no less than approximately HKD 5.0 million[22]. - The group continues to expand its operational scale by winning multiple property management service projects in Shijiazhuang, Hebei Province, covering hospitals, colleges, commercial buildings, and government buildings[13]. Assets and Liabilities - As of June 30, 2022, total assets amounted to HKD 578,904 thousand, a decrease of 6.4% from HKD 618,265 thousand as of December 31, 2021[106]. - Total liabilities decreased to HKD 172,087 thousand, down from HKD 169,020 thousand as of December 31, 2021, indicating a slight reduction in financial obligations[109]. - The equity attributable to owners of the company decreased to HKD 595,694 thousand from HKD 623,374 thousand, reflecting a decline of approximately 4.4%[109]. - Trade receivables increased to approximately HKD 59.4 million as of June 30, 2022, from HKD 30.6 million as of December 31, 2021, primarily due to the collection of trade receivables and recognition of related income[50]. - Cash and cash equivalents increased to approximately HKD 295.9 million as of June 30, 2022, from HKD 256.6 million as of December 31, 2021, mainly due to the recovery of loans and collection of receivables[52]. Employee and Management - The total number of employees as of June 30, 2022, was approximately 1,120, significantly up from 220 as of June 30, 2021[66]. - Employee costs, including director remuneration, were approximately HKD 25.2 million for the period, compared to HKD 12.3 million for the same period last year[66]. - The total remuneration for key management personnel for the six months ended June 30, 2022, was approximately HKD 3,823,000, an increase from HKD 2,386,000 for the same period in 2021[163]. Corporate Governance - The company has established an audit committee to oversee financial reporting and internal controls, ensuring compliance with applicable accounting standards[96]. - The company has maintained compliance with the corporate governance code, with all significant decisions made after consulting the board[92]. - The company has adopted a new share option scheme approved by shareholders on June 5, 2012, although no options have been granted under this scheme since its adoption[91]. Strategic Initiatives - The company entered into a share sale agreement to sell its 65% stake in Four Seas Travel Limited for a nominal value of HKD 1[169]. - The sale is part of the company's strategic initiatives to optimize its portfolio[169]. - The company is focused on enhancing shareholder value through strategic divestitures[169]. - The management is committed to transparency regarding the sale process and its implications[169].

Revenue and Financial Performance - The group's revenue from diverse travel products and services decreased from approximately HKD 918 million in 2020 to about HKD 145 million in the current year due to outbound travel restrictions[9]. - The integrated development segment reported revenue of approximately HKD 27.1 million, down from HKD 29.8 million in the previous year, reflecting ongoing operational challenges[10]. - Revenue from promotional, event planning, and consulting services was approximately HKD 26.5 million, a decrease from HKD 40.8 million in the prior year, primarily due to fewer real estate project promotions[10]. - The group's revenue for the year was approximately HKD 142.3 million, a decrease of about 12% compared to HKD 162.4 million in the previous year[38]. - Revenue from diversified travel products and services dropped significantly from approximately HKD 91.8 million to about HKD 14.5 million due to the impact of the pandemic[34]. - The gross profit for the year was approximately HKD 38.8 million, an increase of about 55% from HKD 25.0 million in the previous year, primarily due to the commencement of property management services[41]. - The gross profit margin improved from 15% in the previous year to 27% this year, attributed to the higher margin of property management services[41]. - The loss from continuing operations for the year was approximately HKD 26.9 million, a reduction from HKD 59.4 million in the previous year[42]. - The group recorded a profit of approximately HKD 7.9 million from the property management segment, which was zero in the previous year[42]. Acquisitions and Investments - The group completed the acquisition of all shares in Dongsheng Property Services in May 2021, marking the start of its property management business[39]. - The group further expanded its leasing-related business by acquiring Kinyoun International in August 2021[39]. - The acquisition of Dongsheng Property Services contributed approximately HKD 64.6 million in property management and leasing revenue since its completion on May 18, 2021[13]. - The acquisition of Kinyoun International Limited generated approximately HKD 7.4 million in leasing-related revenue since its completion on August 9, 2021[13]. - The company plans to explore potential profitable investments and acquisitions in the environmental sanitation and healthcare sectors to enhance overall shareholder value[19]. Cash Flow and Financial Position - Cash and cash equivalents increased from approximately HKD 179.3 million on December 31, 2020, to approximately HKD 255.2 million on December 31, 2021[17]. - The total amount of loans secured by Dakun Zhifang's land and other assets was approximately RMB 556.6 million (equivalent to about HKD 680.8 million)[31]. - As of December 31, 2021, prepayments, deposits, and other receivables amounted to approximately HKD 314.6 million, significantly up from HKD 109.7 million in 2020[51]. - Restricted bank deposits and cash and cash equivalents increased to approximately HKD 256.6 million from HKD 181.5 million in 2020, primarily due to proceeds from the sale of land in New Zealand[53]. - The current ratio as of December 31, 2021, was approximately 3.7, down from 4.4 in 2020, indicating a decrease in liquidity[56]. Corporate Governance and Compliance - The company has established an audit committee consisting of two independent non-executive directors and one non-executive director[161]. - The audit committee is responsible for reviewing the effectiveness of the company's internal control systems, including financial, operational, and compliance controls[188]. - The company ensures compliance with the Securities and Futures Ordinance and listing rules, with a commitment to timely disclosure of inside information[188]. - The company has adhered to all applicable corporate governance codes, except for the separation of the roles of chairman and CEO, which are held by the same individual[182]. - The independent auditor for the group's financial statements is KPMG, which will be eligible for reappointment at the upcoming annual general meeting[169]. Employee and Management Information - The total number of employees increased to approximately 680 as of December 31, 2021, compared to 190 in 2020, while employee costs were approximately HKD 22.6 million, down from HKD 30.0 million in 2020[65]. - The company has a strong leadership team with extensive experience in various sectors, including tourism and real estate[78]. - The company encourages senior management to participate in external seminars and internal training to enhance their professional knowledge[196]. Strategic Focus and Future Outlook - The company aims to develop its property management and leasing services through improved management, organic growth, and strategic acquisitions[19]. - The company is exploring new revenue sources in China, focusing on property management, urban sanitation, and healthcare services to adapt to market changes caused by the pandemic[12]. - The company aims to expand its market presence in tourism services and scenic area management in China[72]. - The company has been focusing on urban renewal as a core business strategy[72]. - The company is committed to maintaining a strong governance structure with experienced board members overseeing its operations[80].

Revenue Performance - The company's revenue from diversified travel products and services decreased from approximately HKD 77.9 million in the six months ended June 30, 2020, to about HKD 4.7 million in the current period due to travel restrictions[9]. - Revenue from the integrated development segment increased from approximately HKD 10.6 million to about HKD 15.7 million, benefiting from effective government measures and the ongoing improvement of the pandemic situation in mainland China[10]. - The company generated approximately HKD 16.9 million from promotion, event planning, and consulting services in the current period, compared to HKD 11.2 million in the previous period[10]. - The group reported revenue contribution from Hebei Tumen Tourism Development Co., Ltd. of approximately HKD 15.7 million during the period, an increase from approximately HKD 10.6 million in the same period last year[23]. - Revenue for the six months ended June 30, 2021, was HKD 47,740,000, a decrease from HKD 112,648,000 in the same period of 2020, representing a decline of approximately 57.6%[81]. - The diversified travel products and services segment reported a loss of 3,932 thousand for the period, while the property management segment reported a loss of 6,325 thousand[115]. Financial Position - Cash and cash equivalents increased from approximately HKD 179.3 million on December 31, 2020, to approximately HKD 328.9 million on June 30, 2021, mainly due to the sale of land in New Zealand and the collection of refundable investment deposits totaling approximately HKD 81.5 million[13]. - The group's current ratio was approximately 3.6 as of June 30, 2021, down from 4.4 as of December 31, 2020[45]. - Total assets as of June 30, 2021, were 902,660 thousand, an increase from 850,387 thousand as of December 31, 2020[117]. - Total liabilities increased to 200,045 thousand as of June 30, 2021, compared to 147,834 thousand as of December 31, 2020[117]. - The company's total equity attributable to owners was HKD 627,514,000, slightly up from HKD 624,820,000 at the end of 2020, showing a marginal increase of about 0.1%[90]. Operational Developments - The company completed the acquisition of Shijiazhuang Dongsheng Property Service Co., Ltd., contributing approximately HKD 10.4 million in property management and leasing-related revenue during the current period[12]. - The group completed the acquisition of all shares in Dongsheng Property Services, marking the start of its property management business[32]. - The group has been exploring property management opportunities in China since July 2020, with a conditional agreement to acquire all shares of Dongsheng Property Services for RMB 7.5 million (approximately HKD 9.14 million)[20]. - The company plans to focus on expanding its property management services and diversifying its travel products in the future[114]. Cost Management - The group reduced wages, salaries, and other benefits by 33% compared to the same period last year[13]. - Employee costs, including directors' remuneration, were approximately HKD 12.3 million for the period, down from HKD 16.0 million for the same period in 2020[54]. - The company's total expenses for wages, salaries, and other benefits decreased to 12,253,000 for the six months ended June 30, 2021, from 15,986,000 in the same period of 2020, reflecting cost-cutting measures[127]. Challenges and Future Outlook - The company continues to face challenges due to ongoing travel restrictions and the uncertain timeline for the pandemic's resolution[9]. - The group anticipates that tourism-related businesses will flourish in the long term, considering the expected steady development of the Chinese economy and rising living standards[14]. - The group will continue to adopt a prudent approach in developing other businesses to improve the interests of the group and its shareholders amid a challenging business environment[15]. Governance and Compliance - The Audit Committee has reviewed the interim results, ensuring compliance with applicable accounting standards and listing rules[78]. - The company has maintained compliance with the Corporate Governance Code, except for the separation of the roles of Chairman and CEO[75]. - The interim results for the period have not been audited but have been reviewed by the Audit Committee[78]. Shareholder Information - The company did not recommend any interim dividend for the period, consistent with the previous year[55]. - The company has not granted any share options under the 2012 Share Option Scheme since its adoption[74]. - The company expresses gratitude to shareholders and business partners for their continued support during the period[80].

東勝旅遊 orient victory travel 張胜集团 ORIENT VICTORY GROUP 束 勝 族 遊 集 團 有 限 公 司 (於開曼群島註冊成立之有限公司) 股份代號: 265 年 報 2020 目錄 1 東勝旅遊集團有限公司 年報 2020 | --- | --- | |--------------------------|-------| | 公司資料 | 2 | | 主席報告 | 4 | | 管理層討論及分析 | 8 | | 董事及高級管理層簡介 | 19 | | 董事報告 | 22 | | 企業管治報告 | 34 | | 獨立核數師報告 | 42 | | 綜合損益表 | 47 | | 綜合損益及其他全面收益表 | 48 | | 綜合財務狀況表 | 49 | | 綜合權益變動表 | 51 | | 綜合現金流量表 | 53 | | 綜合財務報表附註 | 55 | | 五年財務摘要 | 118 | 公司資料 薪酬委員會 東小杰先生（主席） 石保棟先生 隋風致先生 提名委員會 非執行董事 宋思凝女士 東小杰先生 何琦先生 審核委員會 董事會 執行董事 石保棟先生（主席兼首席執行官） 莫躍 ...

ORIENT VICTORY TRAVEL 束 有 限 公 司 OUP 2 0 2 0 中 期 報 告 目 錄 2 公司資料 4 管理層討論及分析 15 企業管治及其他資料 19 簡明綜合損益表 20 簡明綜合損益及其他全面收益表 21 簡明綜合財務狀況表 23 簡明綜合權益變動表 25 簡明綜合現金流量表 26 未經審核簡明綜合財務報表附註 東勝旅遊集團有限公司 2 中期報告 2020 公司資料 | --- | --- | |-----------------------------------------------------------------|--------------------------------------------------------| | | | | 董事會 | 薪酬委員會 | | 執行董事 | 東小杰先生 （主 席） | | | 石保棟先生 | | 石保棟先生 （主 席 兼 首 席 執 行 官） 莫躍明先生 | 隋風致先生 | | 趙會寧先生 | 提名委員會 | | 非執行董事 | 石保棟先生 （主 席） 何琦先生 | | 宋思凝女士 | 隋風致先生 | | 獨立非執行董 ...

東勝旅遊 orient victory travel 東 勝 旅 遊 集 團 有 限 公 司 (於開曼群島註冊成立之有限公司) 股份代號: 265 年 報 2019 目錄 | --- | --- | |--------------------------|-------| | 公司資料 | | | 主席報告 | 2 4 | | 管理層討論及分析 | 7 | | 董事及高級管理層簡介 | 20 | | 董事報告 | 23 | | 企業管治報告 | 35 | | 獨立核數師報告 | 43 | | 綜合損益表 | 50 | | 綜合損益及其他全面收益表 | 51 | | 綜合財務狀況表 | 52 | | 綜合權益變動表 | 54 | | 綜合現金流量表 | 56 | | 綜合財務報表附註 | 58 | | 五年財務摘要 | 134 | 公司資料 | --- | --- | |---------------------------------|--------------------------------------------------------| | | | | 董事會 | 薪酬委員會 | | 執行董事 | ...

真 | 旅遊 ORIENT VICTORY TRAVEL ORIENT VICTORY TRAVEL GROUP COMPANY LIMITED 東 勝 旅 遊 集 團 有 限 公 司 (Incorporated in the Cayman Islands with Imited Fability) 〔於開曼群島註冊成立之有限公司》 股份代號 Stock Code : 265 Interim Report 中期報告 CONTENTS 目錄 2 Corporate Information 公司資料 4 Financial Highlights 財務摘要 6 Management Discussion and Analysis 管理層討論及分析 20 Corporate Governance and Other Information 企業管治及其他資料 27 Condensed Consolidated Statement of Profit or Loss 簡明綜合損益表 Condensed Consolidated Statement of Profit or Loss and Other Comprehe ...

ORIENT VICTORY TRAVEL GROUP COMPANY LIMITED 東勝旅遊集團有限公司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號: 265 Annual Report 2 0 1 8 年 報 n nu un n r 1111 Contents | --- | --- | --- | |-------|------------------------------------------------------------------------------|---------| | | | | | | | | | | Corporate Information | 2 | | | Chairman's Statement | 4 | | | Management Discussion and Analysis | 10 | | | Biographies of Directors and Senior Management | 22 | | | R ...