Financial Performance - For the fiscal year 2024, the Group recorded revenue of RMB200.3 million, representing an increase of 0.3% from RMB190.7 million in fiscal year 2023[27]. - Loss attributable to owners of the Company for fiscal year 2024 amounted to RMB33.8 million, a significant reduction from RMB341.0 million in fiscal year 2023[27]. - The Group's operating loss improved to RMB32.1 million in fiscal year 2024 from a loss of RMB356.3 million in fiscal year 2023[13]. - Rental income increased by 2.5% to RMB187.5 million in FY2024 from RMB182.9 million in FY2023, primarily due to a decrease in the vacancy rate[43][45]. - Direct sales surged by 66.2% to RMB12.3 million in FY2024 from RMB7.4 million in FY2023[43][45]. - Other operating revenue decreased to RMB27.2 million in FY2024 from RMB29.9 million in FY2023, mainly due to a reduction in government grants[47][52]. - Other gains – net amounted to RMB25.4 million in FY2024, down from RMB57.5 million in FY2023, due to rental reductions and changes in lease liabilities[48]. - Fair value loss on investment properties decreased to RMB139.5 million in FY2024 from RMB156.0 million in FY2023[49]. - Employee benefit expenses rose by 14.8% to RMB31.8 million in FY2024 from RMB27.7 million in FY2023, mainly due to the reversal of accruals[51]. - The Group's results for the year ended December 31, 2024, are detailed in the consolidated income statement[107]. Assets and Liabilities - Total assets as of December 31, 2024, were RMB2,169.5 million, down from RMB2,342.4 million in 2023, indicating a decrease of approximately 7.4%[15]. - Total liabilities decreased to RMB1,418.8 million in 2024 from RMB1,556.6 million in 2023, reflecting a reduction of about 8.8%[15]. - As of December 31, 2024, the Group's cash and cash equivalents decreased by 17.6% to RMB55.4 million from RMB67.2 million as of December 31, 2023[74]. - The gearing ratio increased to 74.3% as of December 31, 2024, compared to 70.8% as of December 31, 2023[75]. - As of December 31, 2024, the Group's long-term and short-term borrowings were RMB507.3 million and RMB50.8 million, respectively, compared to RMB520.3 million and RMB36.2 million in 2023[172][176]. Business Strategy and Operations - The Group is focusing on community business strategies, introducing a new brand targeting young lifestyles to enhance competitiveness[24]. - The Group aims to create a 24-hour community business ecosystem by operating convenient stores, gyms, restaurants, and pharmacies around the clock[27]. - Online platforms and membership loyalty programs are being utilized to enhance customer engagement and shopping experience[28]. - The Group plans to consolidate resources and enhance market position to meet diverse consumer needs and explore future market opportunities[30][33]. Employee and Management Information - The total number of employees in the Group as of December 31, 2024, is 199, a decrease from 216 employees as of December 31, 2023, reflecting a reduction of approximately 7.9%[87]. - The Group's executive management includes Ms. Huang Xue Rong, who has over 15 years of experience in administrative and business matters, and Mr. Yang Ti Wei, who has been with the Group since June 2009[91][92]. - Mr. Chow Chun Pong has been appointed as the chief financial officer and company secretary since September 1, 2022, overseeing financial and compliance matters[101]. - The Group has implemented key performance indicators to enhance performance and operational efficiency[87]. Legal and Compliance Matters - The legal proceedings initiated by certain suppliers and an ex-employee are related to disputes over contract terms and employment contract terms[84]. - The Group's directors believe that the accumulated provision is adequate to cover any potential liabilities arising from the ongoing claims[84]. - The Group has confirmed compliance with a deed of non-competition by the controlling shareholders for the year ended December 31, 2024[157][161]. - The Group has not reported any significant changes in its financial resources or liquidity position[87]. Shareholder Information - As of December 31, 2024, the Company's accumulated loss amounted to RMB671.1 million, while the share premium was RMB751.0 million[120]. - The Company is primarily engaged in department store operations and property development in the People's Republic of China[106]. - The largest customer contributed 23.3% of the Group's total revenue, while the top five customers accounted for 37.3%[165][170]. - The largest supplier represented 17.7% of the Group's total purchases and cost of services, with the top five suppliers making up 60.3%[165][170]. Dividends and Donations - The Company has decided not to recommend any final dividend for the year ended December 31, 2024[108]. - No charitable donations were made by the Group for the year ended December 31, 2024[121].

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 或任何部分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。 Shirble Department Store Holdings (China) Limited 歲 寶 百 貨 控 股（中 國）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：00312） 截 至2024年12月31日止年度 全年業績 本集團截至2024年年度的經審核綜合業績概要載列如下： 由於本集團本年度仍錄得經營虧損，董事會決定不建議就2024年年度派付任何 本 公 司 的 末 期 股 息（2023年：無）。 – 1 – － 2024年年度的收入為人民幣200.3百 萬 元，較2023年年度的人民幣190.7百 萬元輕微地增加5.0%； － 2024年年度的經營虧損為人民幣32.1百萬元，較2023年年度的人民幣356.3 百萬元，代表了一個顯著的改善； － 2024年年度的本公司擁有人應佔虧損為人民幣33.8百萬元，而2023年年度 則為人民幣341.0百萬元； － 2024年年 ...

Financial Performance - Revenue for the first half of 2024 was RMB 97.9 million, an increase of 6.5% compared to RMB 91.9 million in the first half of 2023[1]. - Operating profit for the first half of 2024 was RMB 31.2 million, a significant recovery from an operating loss of RMB 50.1 million in the first half of 2023[1]. - Loss attributable to the company's owners decreased by 71.1% to RMB 18.5 million from RMB 63.9 million in the first half of 2023[1]. - Basic loss per share improved to RMB 0.01 from RMB 0.03 in the first half of 2023[1]. - The company reported a net loss of RMB 18.5 million for the first half of 2024 compared to a net loss of RMB 72.6 million in the first half of 2023[3]. - The net loss for the group for the six months ended June 30, 2024, was RMB 18,478,000, compared to a loss of RMB 72,605,000 in the same period of 2023, showing an improvement[15]. - The operating profit for the department store business was RMB 34,118,000, while the other segment reported a loss of RMB 2,876,000, resulting in a total operating profit of RMB 31,242,000[13]. - The group recognized a net gain of RMB 34,990,000 from lease modifications during the six months ended June 30, 2024[18]. - Other net income surged to RMB 35.6 million from RMB 1.7 million, attributed to lease renegotiations that reduced rental liabilities[45]. Assets and Liabilities - Total assets as of June 30, 2024, were RMB 2,277.6 million, down from RMB 2,342.4 million as of December 31, 2023[4]. - Non-current assets decreased to RMB 1,902.8 million from RMB 1,947.2 million as of December 31, 2023[4]. - Total liabilities as of June 30, 2024, were RMB 1,510.8 million, a decrease from RMB 1,556.6 million as of December 31, 2023[5]. - As of June 30, 2024, the group's current liabilities exceeded its current assets by approximately RMB 249 million[8]. - The total bank borrowings amounted to RMB 554 million, with RMB 314 million classified as current[8]. - The group failed to repay a bank loan of RMB 254 million as of November 2023, secured by properties held for sale[8]. - The asset-liability ratio increased to 72.3% as of June 30, 2024, compared to 70.8% at the end of 2023[53]. Cash Flow and Financing - The group had cash and cash equivalents of approximately RMB 42 million as of June 30, 2024[8]. - The board believes that the group can generate sufficient cash flow through the sale of properties and operational improvements to meet its financial obligations[9]. - Plans are in place to improve department store business performance to generate cash inflows[9]. - The group intends to continue obtaining new bank credit facilities to support operations as needed[9]. - The board has reviewed cash flow forecasts covering at least the next twelve months and believes sufficient financial resources will be available[9]. - Financing costs for the group totaled RMB 40,170,000 for the six months ended June 30, 2024, compared to RMB 34,498,000 in 2023, representing an increase of about 16.3%[20]. - The group reported a financing income of RMB 3,961,000 for the six months ended June 30, 2024, down from RMB 9,169,000 in 2023, indicating a decline of approximately 56.7%[20]. Revenue Breakdown - Rental income for the six months ended June 30, 2024, was RMB 92,374,000, compared to RMB 88,749,000 in 2023, indicating an increase of about 2.9%[17]. - The department store business reported revenue of RMB 97.9 million for the first half of 2024, an increase of 6.5% from RMB 91.9 million in the same period of 2023[42]. - Direct sales increased significantly by 71.9% to RMB 5.5 million compared to RMB 3.2 million in the previous year, representing 5.6% of total revenue[43]. - Other operating income decreased by 52.0% to RMB 8.4 million, primarily due to reduced government subsidies and tax incentives[44]. Operational Efficiency and Strategy - The company aims to enhance operational efficiency and service quality to meet customer needs amid economic challenges[39]. - The company anticipates continued growth in customer traffic due to measures to revitalize the tourism industry in China[37]. - The company has completed the divestment of significant risks associated with real estate investments and is focusing on optimizing its core business[38]. Audit and Compliance - The internal audit department reported its audit results and work plans to the audit committee twice within the year, focusing on financial, operational, and compliance monitoring[59]. - The audit committee held two meetings with management, external auditors, and internal control personnel to discuss the group's audit and financial reporting matters[62]. - The company confirmed that it has adopted appropriate accounting policies and complied with applicable accounting standards in preparing its interim financial information[61]. - The interim report for the first half of 2024 will be published in accordance with the relevant rules and regulations[63].

Financial Performance - For the year ended December 31, 2023, the Group reported revenue of RMB 190.666 million, a decrease of 0.5% from RMB 191.576 million in 2022[10] - The Group incurred an operating loss of RMB 356.338 million, improving from a loss of RMB 595.402 million in the previous year[10] - The loss attributable to owners of the Company was RMB 340.982 million, compared to a loss of RMB 556.117 million in 2022, indicating a significant improvement[10] - The Group recorded revenue of RMB190.7 million for the year ended 31 December 2023, a slight decrease of 0.5% compared to RMB191.6 million in 2022[34] - Loss attributable to owners of the Company amounted to RMB341.0 million in 2023, significantly improved from a loss of RMB556.1 million in 2022[34] - Other operating revenue decreased to RMB29.9 million in 2023 from RMB32.0 million in 2022, primarily due to a reduction in promotion and management income[48] - The operating profit for the department store business segment was RMB3.1 million in 2023, a significant recovery from an operating loss of RMB402.97 million in 2022[40] - The Group's accumulated loss as of December 31, 2023, amounts to RMB 637.3 million, while the share premium is RMB 751.0 million[135][140] Assets and Liabilities - Total assets decreased to RMB 2.342 billion in 2023 from RMB 2.899 billion in 2022, representing a decline of approximately 19.2%[12] - Total liabilities decreased to RMB 1.557 billion in 2023 from RMB 1.783 billion in 2022, a reduction of about 12.7%[12] - The Group's net current liabilities as of December 31, 2023, were RMB 427.2 million, compared to RMB 73.1 million as of December 31, 2022[85] - The gearing ratio increased to 70.8% as of December 31, 2023, compared to 52.5% as of December 31, 2022[79] - The asset-liability ratio as of December 31, 2023, was 70.8%, significantly up from 52.5% as of December 31, 2022[84] - The group's net asset value as of December 31, 2023, was RMB 785.8 million, down from RMB 1,116.5 million as of December 31, 2022[85] Revenue Sources - The Group's rental income accounted for 96.3% of total revenue in 2023, while direct sales contributed 3.4%[17] - Rental income decreased slightly by 0.9% to RMB182.9 million in 2023 from RMB184.5 million in 2022, while direct sales increased by 13.8% to RMB7.4 million[44] Economic Environment - The Chairman's statement highlighted ongoing challenges in business operations despite the lifting of pandemic control measures in China[19] - The economic recovery momentum in China has slowed down due to weak internal demand and uncertainty in the real estate market[21] - The ongoing uncertainty in the property sector and deflationary pressures in China may impact consumer spending and pose challenges for the physical department store business in 2024[27] Management and Strategy - The Group plans to focus on its core department store business and adopt prudent strategies to mitigate economic slowdown pressures and seize future market opportunities[28] - The company aims to expand its market presence and enhance operational efficiency through strategic initiatives[121] - The company is committed to developing new products and technologies to meet market demands and improve customer experience[121] - The company continues to explore opportunities for mergers and acquisitions to strengthen its market position[121] Employee and Operational Metrics - As of December 31, 2023, the total number of employees was 216, a decrease from 254 as of December 31, 2022[88] - Employee benefit expenses decreased by 35.4% to RMB27.7 million for the year ended December 31, 2023 from RMB42.9 million in 2022[57] - Depreciation and amortisation expenses decreased significantly by 74.0% to RMB3.2 million for the year ended December 31, 2023 from RMB12.3 million in 2022[58] Corporate Governance - The company has a strong management team with over 15 years of experience in business affairs, led by Ms. Huang Xue Rong as the Chairperson[104] - The financial oversight is managed by Mr. Chow Chun Pong, the Chief Financial Officer, who has been with the company since April 2010[114] - The board includes independent non-executive directors with extensive experience in finance and law, enhancing corporate governance[112] - The company is focused on compliance and financial matters to ensure transparency and accountability in its operations[114] Shareholder Information - As of December 31, 2023, Ms. HUANG Xue Rong holds 8,324,000 shares, representing 0.33% of the total shares[163] - Shirble BVI, wholly owned by Xiang Rong, holds 1,374,167,500 shares, accounting for 55.08% of the total shares[173] - Mr. HAO Jian Min is a beneficial owner of 374,250,000 shares, which is 15.00% of the total shares[173] - The total number of shares held by substantial shareholders, including Shirble BVI and Xiang Rong, is 1,374,167,500, which constitutes 55.08% of the total shares[173] Dividends and Financial Policies - The Board has decided not to recommend any final dividend for the year ended December 31, 2023[123][129] - The remuneration policy for employees and directors is based on comparable salaries, experience, responsibilities, and performance, with a share award scheme conditionally adopted[177] Connected Transactions - On November 23, 2023, the group entered into a lease agreement for office premises in Shenzhen, which is considered a connected transaction under the Listing Rules[90] - On December 29, 2023, the group renewed a lease agreement for one of its department stores in Shenzhen, which constitutes a major transaction and received approval from a controlling shareholder holding 55.08% of the shares[95]

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 或任何部分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。 Shirble Department Store Holdings (China) Limited 歲 寶 百 貨 控 股（中 國）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：00312） 截 至2023年12月31日止年度 全年業績 本集團截至2023年12月31日止年度的經審核綜合業績概要載列如下： – 1 – － 收入為人民幣190.7百萬元，較2022年的收入人民幣191.6百萬元輕微減少 0.5%； － 經營虧損為人民幣356.3百萬元，而2022年經營虧損為人民幣595.4百萬元； － 本公司擁有人應佔虧損為人民幣341.0百 萬 元，而2022年的本公司擁有人 應佔虧損則為人民幣556.1百萬元； － 每股基本虧損為人民幣0.14元，而2022年每股基本虧損則為人民幣0.22元； 及 － 截 至2023年12月31日每股淨資產值為人民幣0.31元，而截至2022年12月3 ...

Financial Performance - For the six months ended June 30, 2023, the Group recorded a revenue of RMB 91.9 million, representing an increase of 2.0% compared to RMB 90.1 million in the same period of 2022[32]. - The operating loss for the first half of 2023 was RMB 50.1 million, a significant improvement from an operating loss of RMB 97.9 million in the first half of 2022, reflecting a reduction of 48.9%[10]. - Loss attributable to owners of the Company decreased to RMB 63.9 million in 2023 from RMB 129.4 million in 2022, marking a reduction of 50.6%[32]. - Rental income increased by 2.2% to RMB 88.7 million for the six months ended June 30, 2023, from RMB 86.8 million for the same period in 2022[51]. - Direct sales decreased by 4.9% to RMB 3.2 million for the six months ended June 30, 2023, down from RMB 3.3 million for the same period in 2022[51]. - Other operating revenue rose by 11.5% to RMB 17.5 million for the six months ended June 30, 2023, compared to RMB 15.7 million for the same period in 2022, mainly due to increased government tax incentives[55]. - The total comprehensive income for the six months ended June 30, 2023, was a loss of RMB 57,430,000, compared to a loss of RMB 132,073,000 for the same period in 2022, indicating a significant improvement[143]. - The loss for the period for the first half of 2023 was RMB 63,885,000, compared to a loss of RMB 129,432,000 in the same period of 2022, indicating a reduction in losses by about 50.7%[143]. Assets and Liabilities - The total assets of the Group as of June 30, 2023, were RMB 2,788.1 million, down from RMB 2,899.7 million at the end of 2022, indicating a decrease of 3.8%[13]. - Total liabilities decreased to RMB 1,729.0 million as of June 30, 2023, from RMB 1,783.2 million at the end of 2022, reflecting a reduction of 3.0%[13]. - The total equity attributable to owners of the Company was RMB 1,059,650,000, down from RMB 1,108,360,000, a decline of 4.4%[134]. - The Group's cash and cash equivalents and bank deposits amounted to RMB 77.9 million as of June 30, 2023, representing a decrease of 17.8% from RMB 94.8 million as of December 31, 2022[83]. - The net current liabilities of the Group as of June 30, 2023, were RMB 471.5 million, compared to net current liabilities of RMB 73.1 million as of December 31, 2022[87]. - Long-term and short-term borrowings were RMB 530.6 million and RMB 34.5 million, respectively, as of June 30, 2023, compared to RMB 540.9 million and RMB 45.2 million as of December 31, 2022[84]. - The gearing ratio was 53.3% as of June 30, 2023, compared to 52.5% as of December 31, 2022[84]. - The Group's total financial liabilities as of June 30, 2023, amount to RMB 1,573.6 million[183]. Operational Strategy - The Group aims to enhance customer experience and service quality to attract new customers and maintain loyalty, focusing on employee training and optimizing store layouts[33]. - The Group plans to continue improving its shopping mall, "Shirble Plaza," to cater to the middle-class population by offering high-quality food, merchandise, and services[33]. - The Group is focused on enhancing the competitiveness of its core department store business while reducing property investments due to economic pressures in the real estate sector[36]. - The Group aims to consolidate resources and adopt prudent business strategies to mitigate economic slowdown pressures and seize future market opportunities[41]. - The Group will continue to implement plans to improve the operational performance of its department store business to generate operating cash inflow[163]. Economic Context - The Chinese economy is expected to recover steadily, with GDP growth targeted at approximately 5% year-on-year for 2023, which may positively impact retail sales[28]. - The total retail sales of consumer goods in China increased by 8.2% year-on-year in the first half of 2023, compared to a 3.1% increase in the same period of 2022[28]. Employee and Cost Management - Employee benefit expenses decreased by 23.3% to RMB 18.4 million for the six months ended June 30, 2023, down from RMB 24.0 million for the same period in 2022, primarily due to workforce streamlining[62]. - Depreciation and amortisation expenses decreased significantly by 73.0% to RMB 1.7 million for the six months ended June 30, 2023, from RMB 6.3 million in the same period in 2022[63]. - Other operating expenses decreased by 28.2% to RMB 29.5 million for the six months ended June 30, 2023, compared to RMB 41.1 million for the same period in 2022, mainly due to cost-saving measures[68]. Shareholder Information - The Board of Directors does not recommend any interim dividend for the six months ended June 30, 2023[81]. - As of June 30, 2023, Ms. HUANG Xue Rong holds 8,324,000 shares, representing approximately 0.33% of the company's issued share capital[116]. - Shirble BVI, wholly owned by Xiang Rong, holds 1,374,167,500 shares, accounting for 55.08% of the company's issued share capital[121]. - Mr. HAO Jian Min is a beneficial owner of 374,250,000 shares, which is 15.00% of the company's issued share capital[121]. - The total number of shares held by substantial shareholders reflects significant ownership concentration within the company[121]. Compliance and Governance - The Company has complied with the Corporate Governance Code during the six months ended June 30, 2023[98]. - The Audit Committee reviewed the unaudited condensed consolidated financial statements for the six months ended June 30, 2023[111]. - The company maintains compliance with the Securities and Futures Ordinance regarding the disclosure of interests and short positions[120]. Financial Risk Management - The Group's financial risk management focuses on minimizing potential adverse effects on financial performance due to market unpredictability[174]. - The Group's liquidity risk management includes maintaining bank facilities and monitoring financial liabilities[179]. - The Group's overall risk management program addresses market risk, credit risk, and liquidity risk[174].

(於開曼群島註冊成立的有限公司) 股份代號 2022 CONTENTS 目 錄 CORPORATE PROFILE 公司簡介 2 FINANCIAL HIGHLIGHTS 財務摘要 3 CHAIRMAN'S STATEMENT 主席報告 5 MANAGEMENT DISCUSSION AND ANALYSIS 管理層討論及分析 7 BIOGRAPHICAL DETAILS OF DIRECTORS 董事簡歷 17 DIRECTORS' REPORT 董事會報告 20 CORPORATE GOVERNANCE REPORT 企業管治報告 34 INDEPENDENT AUDITOR'S REPORT 獨立核數師報告 50 CONSOLIDATED INCOME STATEMENT 綜合收益表 62 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 綜合全面收益表 63 CONSOLIDATED BALANCE SHEET 綜合資產負債表 64 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 綜合權益變動表 66 CONSOLID ...

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 何部分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。 Shirble Department Store Holdings (China) Limited 歲寶百貨控股（中國）有限公司 （於開曼群島註冊成立的有限公司） （股份代號：00312） 截至2022年12月31日止年度 全年業績 本集團截至2022年12月31日止年度的經審核綜合業績概要載列如下： － 收入為人民幣191.6百萬元，較2021年的收入人民幣230.1百萬元減少16.7%； － 經營虧損為人民幣595.4百萬元，而2021年經營虧損為人民幣398.7百萬元； － 本公司擁有人應佔虧損為人民幣556.1百萬元，而2021年的本公司擁有人應 佔虧損則為人民幣438.0百萬元； － 每股基本虧損為人民幣0.22元，而2021年每股基本虧損則為人民幣0.18元； 及 ...

Shirble Department Store Holdings (China) Limited 歲寶百貨控股 (中國) 有限公司 (incorporated in the Cayman Islands with limited liability) (於剛曼群島註冊成立的有限公司) Stock code 股份代號：312 INTERIM REPORT 中期報告 2022 CONTENTS | --- | --- | |-------|-------------------------------------------------------------------| | 2 | 目 錄 | | | | | 4 | | | 7 | | | 11 | Management Discussion and Analysis | | 21 | Corporate Governance and Other Information | | 31 | Interim Condensed Consolidated Income Statement | | 32 | Interim Condensed Consolidat ...

第 日 货 Shirble Department Store Holdings (China) Limited 歲 賽 百貨控股 (中國) 有限公司 (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock code 股份代號：312 Annual Report 2021年報 / 2/ 14.6 CONTENTS 目 錄 2 CORPORATE PROFILE 公司簡介 3 FINANCIAL HIGHLIGHTS 財務摘要 5 CHAIRMAN'S STATEMENT 主席報告 8 MANAGEMENT DISCUSSION AND ANALYSIS 管理層討論及分析 18 BIOGRAPHICAL DETAILS OF DIRECTORS 董事簡歷 21 DIRECTORS' REPORT 董事會報告 34 CORPORATE GOVERNANCE REPORT 企業管治報告 49 INDEPENDENT AUDITOR'S REPORT 獨立核數師報告 60 CONSOLIDATED INCOME ...