长期以来，"昼访夜谈"都是富阳区响应"民呼我为"治理理念的一项特色举措，也是本次"清风强 基"专项行动的核心机制。今年3月以来，全区党员干部已累计走访5.72万户家庭，收集到各类问题和建 议1100余条，涵盖了公共配套提升、安全隐患整治、邻里矛盾化解及乡村振兴等多个领域，后续将由 区-镇-村（社）三级联动闭环对这些问题进行集中攻坚。 富阳区委组织部相关负责人表示，接下来，全区将以深入贯彻中央八项规定精神学习教育为契机， 持续推动党员干部深化"昼访夜谈"，推进专项行动"百日解难"，有针对性地研究问题、开展攻坚工作， 切实提升群众的获得感、幸福感、安全感。 "篮球场的照明灯不亮，影响使用""小区的公交站点有点远，出行不太方便"……如何聚焦群众"忧 心事"，破解村社治理"大难题"？近日，富阳区结合深入贯彻中央八项规定精神学习教育，以"昼访夜 谈"为抓手，深化调查研究，聚焦群众急难愁盼问题，交出了首批答卷。 "'昼访夜谈'的核心理念是民有所呼、我有所应，要求党员、干部都要主动深入村社、企业，来到 群众身边，面对面倾听民意、解决难题。"在刚刚召开的富阳区"清风强基"专项行动部署会上，这项工 作机制被再次强调。同时，根据 ...

比如，杭州城西科创大走廊同款特色科创金融产品（"人才担""护苗贷""创新保"）覆盖富阳联动 区。富阳开发区将推荐优质项目参加城西科创大走廊"优秀概念验证项目遴选"，对落户富阳联动区内的 项目给予"同廊同待遇"支持，同时推动大走廊概念验证产业子基金覆盖富阳联动区，共建"金南翼科创 基金"。 聚焦创新生态链各个环节，"创力MAX"品牌发布会现场还举行金融护航、基金聚力、平台聚势、 人才安居等签约仪式。首批承接大走廊"人才担""护苗贷"科创产品的银行，共同向富阳开发区科创企业 授信30亿元；亿咖通CVC子基金等3只科创基金签约，总规模达6亿元；富阳开发区科创基金向杭州知 兴制药有限公司等3家优质科技企业注入基金活水；浙江中医药大学富阳研究院一站式CXO平台、院士 创新团队研发协议同步落地；约600套人才公寓、150套产业工人专项公租房以及100套青年公寓全面启 用。 创新是开发区与生俱来的基因，近日，富阳经济技术开发区（以下简称"富阳开发区"）推出创 新"王炸"——"创力MAX"品牌和"同廊同待遇"政策。 "作为城西科创大走廊'金南翼'，富阳开发区承载的不仅是产业跃升的期待，更肩负着为'加快建设 创新富阳，因地制宜 ...

3月26日，杭州市富阳区经济高质量发展大会暨杭州城西科创大走廊南翼（富阳联动区）融合发展推进 会召开。杭州市委常委、常务副市长、杭州城西科创大走廊党工委书记陈瑾，杭州市政府党组成员、杭 州城西科创大走廊管委会主任孔春浩，王牮、谢渐升、徐林亮、张霖、许海波等富阳区四套班子领导参 加，共同为富阳区经济高质量发展绘制蓝图。作为未来产业企业代表，云知声智能科技股份有限公司联 合创始人李霄寒受邀参会，并作精彩发言。 01.智启未来，共建AI创新生态圈 此次发言中，李霄寒以云知声多年来在AI领域的探索与实践向与会者做了分享。他讲到：如今，人工 智能新技术发展风起云涌，应用创新波澜壮阔。云知声作为一家拥有完全自主知识产权，掌握全栈AGI 技术的领先人工智能企业，始终站在行业前沿，聚焦产业需求创新，推动核心技术演进，并以核心技术 赋能多领域，推动传统行业智能化、数字化、绿色化发展。从重点业务发展来说：云知声稳步推 进"U+X"产业落地战略，深度赋能智慧物联和智慧医疗领域，推动行业数字化转型；从核心技术发展来 说：云知声自主研发的千亿级参数多模态大模型"山海"，凭借出色的性能，在OpenCompass、SuperClue 等多 ...

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of RMB 1,350,000, a decrease of 84.9% compared to RMB 8,966,000 in 2023[2] - The cost of sales for the same period was RMB 1,829,000, down from RMB 9,217,000, resulting in a gross loss of RMB 479,000 compared to a gross loss of RMB 251,000 in the previous year[2] - The company incurred a pre-tax loss of RMB 7,596,000, an improvement from a pre-tax loss of RMB 9,125,000 in 2023, indicating a reduction of 16.9%[2] - Basic and diluted loss per share for the year was RMB 3.09, compared to RMB 3.71 in 2023, reflecting a decrease of 16.7%[2] - The company's loss before tax for 2024 was RMB 7,596,000, an improvement from RMB 9,125,000 in 2023, reflecting a reduction of approximately 16.8%[23] - The group recorded revenue of approximately RMB 1.4 million for the year, a significant decrease of about 84.4% compared to RMB 9.0 million in the previous year[49] - Revenue from the integrated real estate consulting and sales agency business decreased by approximately RMB 7.0 million, down about 91.9% year-on-year[49] - The group experienced a gross loss of approximately RMB 0.5 million this year, compared to a gross loss of about RMB 0.3 million last year[50] - Total operating and administrative expenses decreased by approximately 27.2% compared to the previous year due to strict cost control measures[50] Assets and Liabilities - Total assets decreased to RMB 15,598,000 in 2024 from RMB 12,781,000 in 2023, showing an increase of 22.6%[5] - The company's net asset value dropped to RMB 3,705,000 in 2024 from RMB 11,237,000 in 2023, a decline of 66.9%[6] - The company reported a significant increase in loans from a related company, rising to RMB 18,000,000 in 2024 from RMB 8,100,000 in 2023, an increase of 122.2%[5] - As of December 31, 2024, the group's net current assets were approximately RMB 11,164,000, an increase from RMB 8,033,000 in 2023[69] - Total assets as of December 31, 2024, were approximately RMB 27,602,000, compared to RMB 25,982,000 in 2023[69] - Long-term borrowings amounted to RMB 18,000,000 as of December 31, 2024, with a capital debt ratio of 485.8%[71] - The group had no bank borrowings or overdrafts as of December 31, 2024, maintaining a stable financial position[70] Revenue Sources - Major client A contributed RMB 727,000 to total revenue in 2024, a decrease from RMB 6,279,000 in 2023[20] - Interest income from bank deposits increased to RMB 115,000 in 2024 from RMB 56,000 in 2023[17] - The group recognized government grants of RMB 18,000 in 2024, down from RMB 93,000 in 2023[19] - Rental income from investment properties totaled RMB 396,000 in 2024, slightly down from RMB 403,000 in 2023[17] - The total sales revenue from investment properties sold was RMB 529,000 in 2024, compared to RMB 1,864,000 in 2023, reflecting a significant decrease of about 71.6%[29] - Revenue from the integrated real estate consulting and sales agency services accounted for approximately 46.2% of total revenue, down from about 85.6% last year[51] - Revenue from the pure real estate planning consulting business decreased by approximately 43.9% to RMB 727,000, representing 53.8% of total revenue[55] - The group reported zero revenue from integrated real estate consulting and sales agency services in Cambodia this year, primarily due to a significant drop in demand caused by the pandemic[54] Market Conditions - The real estate market in China experienced a significant downturn, with residential land transaction value dropping by 26.35% year-on-year in 2024, compared to a 24.17% decline in 2023[36] - The area of newly built commercial residential sales decreased by 18.46% year-on-year in 2024, a stark contrast to a mere 1.42% decline in 2023[36] - The national new residential sales area was 97.385 million square meters, a year-on-year decrease of 12.9%, with residential sales area down 14.1%[38] - The total sales amount for new residential properties was RMB 967.5 billion, a year-on-year decline of 17.1%, with residential sales amount down 17.6%[38] - The real estate market has experienced a continuous decline for three years, with the adjustment magnitude and duration from 2022 to 2024 exceeding market expectations, indicating a structural recession[38] - Despite a temporary improvement in the fourth quarter of 2024, the overall new home transaction data remains at historical lows, indicating that the market has not yet returned to normal levels[40] - The real estate market in first-tier cities showed a quicker recovery under policy support, while second and third-tier cities continued to face pressure, with a 19% year-on-year decline in new residential transactions in key cities[41] - The government has emphasized stabilizing the housing market, but market confidence has not fully recovered, and the long-term downturn in the real estate industry remains unchanged[40] Operational Strategies - The group is exploring light asset management operations to reduce reliance on traditional real estate sales and seek new profit points[63] - The group plans to strengthen budget management and cost control to reduce operating expenses and ensure long-term development[68] - The group continues to evaluate its business plans in Cambodia, which have been significantly impacted by the pandemic[66] Governance and Compliance - The audit committee held three meetings during the year to review the group's financial reporting and internal control processes[89] - The financial performance for the year ending December 31, 2024, has been verified by the independent auditor, Tianjian International CPA Limited, confirming consistency with the audited consolidated financial statements[90] - The 2024 annual report will be distributed to shareholders and published on the company's and the Hong Kong Stock Exchange's websites at an appropriate time[91] - The 2025 Annual General Meeting is scheduled to be held on June 20, 2025, with a notice to be published on the company's and the Hong Kong Stock Exchange's websites[93]

Financial Performance - For the six months ended June 30, 2024, the company reported revenue of RMB 1,146,000, a decrease of 85.4% compared to RMB 7,853,000 for the same period in 2023[14] - The company incurred a loss attributable to owners of RMB 3,979,000, compared to a loss of RMB 3,790,000 in the previous year, reflecting an increase in loss of 5%[14] - The basic and diluted loss per share for the period was RMB (1.61), compared to RMB (1.54) in the prior year, indicating a worsening in per-share performance[14] - The total comprehensive income for the six months ended June 30, 2024, was RMB (3,708,000), compared to RMB (3,733,000) for the same period in 2023, showing a slight improvement[17] - The company reported a net loss of approximately RMB 4.0 million for the review period, compared to a net loss of RMB 3.8 million in the same period last year[40] Assets and Liabilities - Total assets decreased to RMB 16,291,000 as of June 30, 2024, down from RMB 21,234,000 at the end of 2023, representing a decline of 23.3%[16] - The company's net asset value dropped to RMB 7,529,000 from RMB 11,237,000, a decrease of 32.8%[16] - Current liabilities were RMB 4,614,000, slightly down from RMB 4,748,000 at the end of 2023, indicating a stable short-term financial position[16] - As of June 30, 2024, the total equity attributable to owners decreased to RMB 16,658,000 from RMB 20,391,000 as of January 1, 2023, reflecting a decline of approximately 18.5%[17] Cash Flow - The net cash used in operating activities for the six months ended June 30, 2024, was RMB (650,000), an improvement from RMB (1,787,000) in the same period of 2023[18] - The cash and cash equivalents at the end of the period decreased to RMB 4,784,000 from RMB 6,384,000 at the beginning of the period, representing a reduction of approximately 25%[18] - The net cash from investing activities for the six months ended June 30, 2024, was RMB 63,000, a decrease from RMB 212,000 in the same period of 2023[18] - The net cash used in financing activities increased to RMB (1,284,000) for the six months ended June 30, 2024, compared to RMB (142,000) in the same period of 2023, indicating a significant increase in financing outflows[18] Revenue Sources - Revenue from real estate consulting and sales agency services for the six months ended June 30, 2024, was RMB 1,146,000, a significant decrease from RMB 7,630,000 in the same period of 2023[23] - The company’s revenue from comprehensive real estate consulting and sales agency services decreased to RMB 1.1 million, down from RMB 7.6 million in the previous year[43] - The company had no ongoing projects in its pure real estate planning consulting business, resulting in no recorded revenue for this segment during the review period[44] Market Conditions - The real estate market in China has been under significant downward pressure, with real estate development investment declining by 10.1% year-on-year from January to June 2024[38] - The sales area of new residential properties dropped by 19.0% year-on-year, totaling 47.916 million square meters, with residential sales area declining even more sharply by 21.9%[38] - The unsold inventory of commercial housing increased by 15.2% year-on-year, reaching an unprecedented high, indicating a clear oversupply in the market[38] - In Nantong, the sales area of new homes in the first half of 2024 was only 872,100 square meters, down 18.59% year-on-year, with a shocking inventory of 2.605 million square meters[39] - In Yancheng, the new home transaction volume was only 25,670 square meters, with a broad inventory of 1.381 million square meters and a depletion cycle of 354 months[39] Management and Governance - The company did not provide specific guidance for future performance or new product developments in the current report[14] - The company did not recommend any interim dividend for the review period, consistent with the previous year[28] - The company has complied with the corporate governance code during the review period, except for the separation of the roles of Chairman and CEO[74] - The audit committee has reviewed the unaudited condensed consolidated interim financial statements for the six months ending June 30, 2024, with no objections to the accounting treatments used[77] Shareholder Information - As of June 30, 2024, the total number of issued shares of the company is 246,183,390[60] - Mr. Jiang holds 89,659,979 shares, representing 36.42% of the company's total shares[57] - Ms. Lin holds 43,722,460 shares, representing 17.76% of the company's total shares[58] - The company has granted stock options totaling 4,200,000 shares to Mr. Jiang and Ms. Zhang as part of its stock option plan[59] - The company has granted stock options totaling 1,500,000 shares to Mr. Han as part of its stock option plan[60] Employee Costs - The group recorded employee costs of approximately RMB 1.4 million for the six months ended June 30, 2024, down from RMB 2.7 million for the same period last year[56]

Financial Performance - For the six months ended June 30, 2024, the company reported a loss of RMB 3,979,000 compared to a loss of RMB 3,790,000 for the same period in 2023, representing an increase in loss of approximately 5%[2] - The group reported a net loss of approximately RMB 3,979,000 for the six months ended June 30, 2024, compared to a loss of RMB 3,790,000 for the same period in 2023[13] - The net loss for the review period was approximately RMB 4.0 million, compared to a net loss of approximately RMB 3.8 million in the same period last year[19] - The group recorded a gross loss of approximately RMB 0.24 million, down from a gross profit of approximately RMB 1.30 million in the same period last year, primarily due to a decline in demand in the Chinese real estate market[19] Revenue and Sales - Revenue from real estate consulting and sales agency services was RMB 1,146,000 for the six months ended June 30, 2024, a significant decrease of 85% from RMB 7,630,000 in the same period of 2023[8] - The group's revenue for the review period was approximately RMB 1.1 million, a significant decrease of about 86.1% compared to RMB 7.9 million in the same period last year[18] - Revenue from comprehensive real estate consulting and sales agency services accounted for 100% of the group's total revenue during the review period, with no revenue recorded from pure real estate planning consulting services[20] Assets and Liabilities - The company's total assets decreased from RMB 21,234,000 as of December 31, 2023, to RMB 16,291,000 as of June 30, 2024, indicating a decline of approximately 23%[3] - The net current assets decreased from RMB 8,033,000 as of December 31, 2023, to RMB 3,901,000 as of June 30, 2024, reflecting a decline of about 51%[3] - The company’s cash and bank balances decreased from RMB 6,384,000 as of December 31, 2023, to RMB 4,784,000 as of June 30, 2024, a reduction of approximately 25%[3] - The company’s total equity decreased from RMB 11,237,000 as of December 31, 2023, to RMB 7,529,000 as of June 30, 2024, a decline of approximately 33%[3] - The group's total unaudited assets were approximately RMB 20.9 million, a decrease from RMB 26.0 million as of December 31, 2023[27] - The group's current ratio decreased from 2.69 as of December 31, 2023, to 1.85 as of June 30, 2024[27] - The group's capital debt ratio increased to 94.3% as of June 30, 2024, compared to 72.1% as of December 31, 2023[28] Operational Highlights - The company operates primarily in the real estate consulting and sales agency services sector in China, with no significant changes in operational strategy reported[8] - The group executed 3 comprehensive real estate consulting and sales agency service projects during the review period, with a total building area of approximately 1,000 square meters sold[21] - As of June 30, 2024, the group had no ongoing projects in the pure real estate planning consulting segment, resulting in no revenue from this division[22] Market Conditions - Real estate investment in the first half of 2024 decreased by 10.1% year-on-year, with new construction area down by 23.7% compared to the same period last year[17] - The sales area of new residential properties dropped by 21.9% year-on-year, totaling 4,791,600 square meters[17] - The total sales revenue of new residential properties fell by 26.9%, amounting to RMB 47,133 billion[17] - The inventory of unsold commercial properties increased by 15.2% year-on-year, reaching unprecedented levels[17] Governance and Compliance - The company has adopted new and revised Hong Kong Financial Reporting Standards effective from January 1, 2024, which may impact future financial reporting[5] - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and internal controls[40] - The company’s governance practices are regularly reviewed to ensure compliance with corporate governance codes[38] - All directors confirmed compliance with the standard code of conduct for securities trading as of June 30, 2024[39] Employee and Cost Management - As of June 30, 2024, the group recorded employee costs of approximately RMB 1.4 million, a decrease of 48.15% compared to RMB 2.7 million for the same period in 2023[35] - The group maintained strict control over uncollected receivables, with a provision for credit losses of RMB 4,193,000 as of June 30, 2024[15] Other Financial Information - The group had no significant acquisitions or disposals of subsidiaries or associates during the review period[29] - The group reported no significant foreign exchange risk due to sales being denominated in RMB and USD, with no substantial foreign currency borrowings[30] - The group had no significant capital commitments as of June 30, 2024[34] - The group had no significant contingent liabilities as of June 30, 2024[33] - The group had no major investments or future capital asset plans as of the announcement date[32] - The group had no short-term borrowings and long-term borrowings amounted to RMB 7.1 million as of June 30, 2024[28] Future Reporting - The interim report for 2024 will be sent to shareholders and published on the company's and the stock exchange's websites[41]

Economic Overview - In 2023, China's GDP reached RMB 126 trillion (USD 17.67 trillion), growing by 5.2% year-on-year, meeting the initial economic growth target[5] - The company anticipates a GDP growth of approximately 4.8% in 2024, with a stable quarterly trend[8] - The average industrial added value in 2023 grew by 4.6%, indicating a weak recovery in industrial production[5] - The retail sales of consumer goods reached RMB 4.71495 trillion, reflecting a year-on-year growth of 7.2%, although overall consumption recovery remains weak[5] Real Estate Market - The real estate development investment in 2023 was RMB 1.10913 trillion, a decrease of 9.6% compared to the previous year, with the total sales area of commercial housing dropping by 8.5%[6] - The land transaction area and transaction amount in 300 cities decreased by 21% and 18% year-on-year, respectively, marking a new low in nearly ten years[8] - The total sales area of commercial housing nationwide was 111.735 million square meters, a decline of 8.5%, with sales revenue of RMB 1,166.22 billion, down 6.5%[23] - The total sales area of commercial housing in Nantong decreased by 5.2% year-on-year, with total sales value declining by 10.9%[27] - Huzhou's real estate investment totaled RMB 605.5 million, a decline of 14%, with residential investment down 17.4% to RMB 458.4 million[29] - Revenue from comprehensive real estate consulting and sales agency services in Cambodia was zero for the year, significantly impacted by the pandemic[36] Company Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion in the fiscal year 2023, representing a growth of 15% compared to the previous year[15] - For the fiscal year ending December 31, 2023, the company recorded revenue of approximately RMB 9.0 million, a significant decrease of about 24.8% compared to RMB 11.9 million in the previous year[32] - The company's gross loss for the year was approximately RMB 0.3 million, compared to a gross profit of RMB 0.3 million in the previous year, resulting in a gross margin of 0%[32] - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion[15] Business Strategy and Operations - The company plans to expand its real estate consulting, sales agency, and asset management business in first- and second-tier cities to identify suitable investment opportunities[9] - The company will focus on budget management and cost control to reduce operating expenses and ensure a healthy financial status for sustainable long-term development[9] - The company is evaluating future business plans in Cambodia, seeking opportunities amid uncertainties caused by the pandemic[8] - A strategic acquisition of a local competitor is anticipated to enhance operational efficiency and increase market penetration[15] Sustainability and Environmental Initiatives - The management team emphasized the importance of sustainability initiatives, aiming for a 30% reduction in carbon footprint by 2025[15] - The company aims to reduce greenhouse gas emissions by 3% before 2026, aligning with local government regulations by 2030 and achieving carbon neutrality in Hong Kong by 2050 and in China by 2060[1] - The company has established a governance framework to integrate environmental, social, and governance factors into operations, creating sustainable value for stakeholders[69] - The company has committed to continuous improvement in environmental performance by reducing emissions and resource usage[58] - The company has established a comprehensive procurement bidding process to ensure fair competition among suppliers[122] Employee and Workplace Policies - The total number of employees at the end of the reporting period was 50, with a gender ratio of 1.5:1 (30 males and 20 females) [101] - The employee turnover rate was 44%, with 40 employees leaving during the reporting period [101] - Employee benefits include various allowances such as travel, housing, and communication expenses, along with competitive compensation packages[109] - The company has implemented standard working hours and does not encourage overtime work [105] - The company has established an employee welfare committee to enhance employee cohesion and sense of belonging through various activities[109] Corporate Governance and Compliance - The company maintains a zero-tolerance policy towards corruption and bribery, adhering to local and national anti-corruption laws[86] - All employees and directors are required to undergo anti-corruption training and sign a corporate integrity guarantee to ensure compliance with ethical standards[89] - The company has established anti-corruption policies and training programs for employees to prevent bribery and fraud[179] - The company has complied with all relevant laws and regulations that significantly impact its operations for the year ending December 31, 2023[184] Shareholder Relations - The company does not recommend distributing a final dividend for the year ending December 31, 2023, to maintain healthy liquidity for future investment opportunities[9] - The board of directors highlighted the commitment to shareholder value, with plans to increase dividends by 5% in the upcoming fiscal year[15] - As of December 31, 2023, the company had no distributable reserves available for distribution to shareholders[199] - The company will review its dividend policy periodically, with no guarantee of recommending or declaring dividends at any specific time[192]

Financial Performance - For the year ending December 31, 2023, the total revenue was RMB 8,966,000, a decrease of 25.5% compared to RMB 11,925,000 in 2022[2] - The cost of sales for 2023 was RMB 9,217,000, down from RMB 11,621,000 in 2022, resulting in a gross loss of RMB 251,000[2] - The operating and administrative expenses decreased to RMB 10,602,000 in 2023 from RMB 15,052,000 in 2022, reflecting a reduction of 29.8%[2] - The pre-tax loss for 2023 was RMB 9,125,000, an improvement from a loss of RMB 14,259,000 in 2022, indicating a 36.5% reduction in losses[2] - The company reported a loss per share of RMB 3.79 for 2023, compared to RMB 5.79 in 2022, showing an improvement of 34.5%[2] - The company did not declare or recommend any dividends for the year ended December 31, 2023[26] - The group recorded revenue of approximately RMB 9.0 million for the year, a significant decrease of about 24.8% compared to RMB 11.9 million in the previous year[46] - The group reported a gross loss of approximately RMB 0.3 million this year, compared to a gross profit of approximately RMB 0.3 million last year, resulting in a gross margin of 0%[47] Assets and Liabilities - The net asset value decreased to RMB 11,237,000 in 2023 from RMB 20,391,000 in 2022, representing a decline of 44.0%[5] - The total current assets were RMB 12,781,000 in 2023, down from RMB 21,859,000 in 2022, a decrease of 41.6%[5] - The total liabilities decreased to RMB 14,745,000 in 2023 from RMB 16,317,000 in 2022, a reduction of 9.6%[5] - As of December 31, 2023, the group's net current assets were approximately RMB 8,033,000, a decrease of 49.5% from RMB 15,898,000 in 2022[58] - Total assets as of December 31, 2023, were approximately RMB 25,982,000, down from RMB 36,708,000 in 2022, representing a decline of 29.3%[58] - The group's bank and cash balance was approximately RMB 6,384,000 as of December 31, 2023, compared to RMB 6,731,000 in 2022, a decrease of 5.2%[60] - The capital debt ratio as of December 31, 2023, was 72.1%, significantly up from 39.2% in 2022[62] Revenue Breakdown - Revenue from comprehensive real estate consulting and sales agency services in China was RMB 7,671,000 in 2023, down from RMB 10,513,000 in 2022, indicating a decrease of about 26.8%[17] - Revenue from pure real estate planning consulting services in China was RMB 1,295,000 in 2023, compared to RMB 1,412,000 in 2022, reflecting a decline of approximately 8.3%[17] - Revenue from the sale of investment properties rose significantly to RMB 1,864,000 from RMB 447,000, representing a 317.87% increase[19] - Total rental income from investment properties reached RMB 403,000, up from RMB 280,000, marking a 43.75% increase[19] - Revenue from Jiangsu Province accounted for approximately 79.7% of total revenue, followed by Zhejiang Province at 15.5% and Shanghai at 3.9%[48] - The comprehensive real estate consulting and sales agency services generated revenue of approximately RMB 7.67 million, accounting for about 85.6% of total revenue[50] Credit and Receivables - The expected credit loss provision for trade receivables increased to RMB 1,462,000 from RMB 1,108,000, a rise of 32.00%[25] - The total trade receivables decreased to RMB 6,653,000 from RMB 11,671,000, a decline of 43.00%[30] - As of December 31, 2023, accounts receivable amounted to RMB 1,499,000, a decrease of 71.0% from RMB 5,163,000 in 2022[33] - The overdue accounts receivable aged analysis shows that RMB 220,000 was overdue within 3 months, RMB 697,000 between 3 to 9 months, RMB 451,000 between 9 to 21 months, and RMB 131,000 over 21 months[33] - The company believes that the credit quality has not significantly changed and expects to fully recover overdue accounts receivable[33] Market Conditions - Real estate development investment in China was RMB 1,109.13 billion, down 9.6% year-on-year, while the total construction area by real estate developers decreased by 7.2% to 838.364 million square meters[36] - The national commodity housing sales area was 1.11735 billion square meters, a decline of 8.5%, and the sales amount was RMB 1,166.22 billion, down 6.5%[36] - In Nantong, the total sales area of commodity housing decreased by 5.2% year-on-year, with residential sales area down 15.8%[42] - In Huzhou, total real estate investment was RMB 60.55 billion, a decrease of 14%, with residential investment down 17.4% to RMB 45.84 billion[44] - The land transaction area and transaction amount in 300 cities nationwide decreased by 21% and 18% year-on-year, respectively, reaching a near ten-year low[39] - The overall industrial added value in China grew by 4.6% year-on-year, with December 2023 showing a 4.0% increase compared to the previous year[37] - Consumer goods retail sales totaled RMB 4,714.95 billion, reflecting a year-on-year growth of 7.2%[37] Business Strategy and Governance - The company continues to focus on providing real estate consulting and sales agency services in the China and Southeast Asia markets[9] - The management is focused on expanding real estate consulting and sales agency services in first and second-tier cities to increase project numbers[57] - The group plans to continue evaluating its business strategy in Cambodia due to the ongoing impact of the pandemic on the real estate market[52] - The company has not separated the roles of Chairman and CEO, with Mr. Jiang Chenfeng holding both positions, which the board believes enhances leadership and strategic effectiveness[74] - The company will continue to review corporate governance practices to ensure compliance with governance codes[75] - All directors confirmed compliance with the standard code of conduct for securities trading as of December 31, 2023[76] - The Audit Committee, consisting of three independent non-executive directors, is responsible for overseeing the financial reporting process and internal controls[78] - The financial results for the year ended December 31, 2023, have been approved by the independent auditor, Tianjian International CPA Limited[80] - The annual report for 2023 will be sent to shareholders and published on the company's and the stock exchange's websites[81] - The 2024 Annual General Meeting is scheduled for June 21, 2024[82]

Financial Performance - Revenue for the six months ended June 30, 2023, was RMB 7,853,000, an increase of 20.8% compared to RMB 6,502,000 for the same period in 2022[6] - Gross profit for the same period was RMB 1,303,000, representing a gross margin of 16.6%, up from RMB 1,050,000 in 2022[6] - Investment income and other gains for the period increased to RMB 598,000 from RMB 308,000, marking a growth of 94%[6] - The company reported a loss before tax of RMB 3,790,000, slightly improved from a loss of RMB 3,926,000 in the previous year[6] - Basic and diluted loss per share for the period was RMB 1.54, compared to RMB 1.59 in the same period last year[6] - The company reported a net loss attributable to owners of approximately RMB 3,790 thousand for the six months ended June 30, 2023, slightly improved from a loss of RMB 3,926 thousand in the same period last year[31] - The net loss for the period was approximately RMB 3.8 million, slightly improved from a net loss of RMB 3.9 million in the same period last year[59] Assets and Liabilities - Total assets decreased to RMB 45,197,000 as of June 30, 2023, down from RMB 49,708,000 at the end of 2022[11] - Net assets decreased to RMB 16,658,000 from RMB 20,391,000, reflecting a decline of 18.4%[11] - Cash and cash equivalents at the end of the period were RMB 5,071,000, down from RMB 6,731,000 at the end of 2022[11] - The accounts receivable from customer contracts decreased to RMB 7,230 thousand as of June 30, 2023, down from RMB 8,558 thousand as of December 31, 2022[23] - The company's trade receivables as of June 30, 2023, amounted to RMB 9,806,000, a decrease of 15.8% from RMB 11,671,000 as of December 31, 2022[35] - The credit loss provision for trade receivables was RMB 2,576,000, down from RMB 3,113,000, resulting in net trade receivables of RMB 7,230,000[35] - The aging analysis of trade receivables shows that RMB 3,276,000 (45.3%) were within 0 to 90 days, while RMB 2,393,000 (33.1%) were aged between one to two years[36] - As of June 30, 2023, the group's unaudited current assets net value was approximately RMB 12.6 million, down from RMB 15.9 million as of December 31, 2022[70] - The total unaudited assets value as of June 30, 2023, was approximately RMB 32.5 million, compared to RMB 36.7 million as of December 31, 2022[70] - The unaudited shareholders' equity as of June 30, 2023, was approximately RMB 16.7 million, a decrease from RMB 20.4 million as of December 31, 2022[70] - The current ratio decreased from 3.66 as of December 31, 2022, to 3.25 as of June 30, 2023[70] - The group's capital debt ratio was 48.6% as of June 30, 2023, up from 39.2% as of December 31, 2022[71] Cash Flow - For the six months ended June 30, 2023, the net cash used in operating activities was RMB (1,787) thousand, compared to RMB 1,471 thousand for the same period in 2022, indicating a significant decline in operational cash flow[15] - The cash and cash equivalents decreased to RMB 5,071 thousand at the end of the period, down from RMB 6,414 thousand at the beginning of the period[15] - The net cash used in financing activities was RMB (142) thousand, a significant improvement compared to RMB (3,000) thousand in the same period last year[15] Market and Business Strategy - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[6] - The real estate market is expected to gradually recover, but the impact of various supportive policies has yet to fully materialize, indicating a need for time to reverse the downward trend[56] - The company executed 6 comprehensive real estate consulting and sales agency projects during the period, with a total building area of approximately 11,000 square meters sold[62] - The company's revenue primarily came from Jiangsu Province, accounting for approximately 84.1% of total revenue, followed by Zhejiang Province at 13.6% and Shanghai at 2.1%[59] Shareholder Information - Ms. Lin holds 43,722,460 shares, representing 17.76% of the company[87] - Mr. Han owns 7,051,801 shares, accounting for 2.86% of the company[87] - Ms. Zhang has a total of 89,659,979 shares, which is 36.42% of the company[87] - The total issued shares of the company as of June 30, 2023, is 246,183,390[92] - Active Star holds 89,659,979 shares, representing 36.42% of the company[93] - Upwell Assets owns 43,722,460 shares, which is 17.76% of the company[93] - Heng Wei Agent Limited has 19,528,103 shares, accounting for 7.93% of the company[93] - Mr. Ho holds 19,528,103 shares, representing 7.93% of the company[93] - Ms. Ma has 19,528,103 shares, which is 7.93% of the company[93] - Major shareholders include Mr. He Houxi with 19,528,103 shares (7.93%) and Ms. Yang Xin with the same number of shares (7.93%)[95] - Mr. Zhu Kai holds 9,998,000 shares (4.06%) and an additional 3,096,000 shares (1.26%) through a controlled corporation[95] Stock Options and Corporate Governance - The company has a stock option plan effective for ten years since June 17, 2016, aimed at rewarding selected participants for their contributions[99] - As of June 30, 2023, there are 1,200,000 unexercised stock options held by Director Jiang Chenfeng, with an exercise price of HKD 1.130[99] - Director Zhang Xiuhua holds 900,000 unexercised stock options, also with an exercise price of HKD 1.130[99] - The stock options plan includes directors, employees, suppliers, customers, and consultants as eligible participants[99] - The company’s stock options are set to expire between 2018 and 2029, depending on the grant date[99] - The company has granted a total of 6,800,000 stock options, representing approximately 2.76% of the issued share capital as of the mid-term report date[102] - The maximum number of stock options that can be granted under the plan is capped at 30% of the issued shares, which amounts to 73,855,017 shares[102] - The company maintained sufficient public float as required by the listing rules prior to the printing of the mid-term report[104] - The audit committee reviewed the unaudited condensed consolidated interim financial statements for the six months ended June 30, 2023, with no objections to the accounting treatments adopted[110] - The company has complied with the corporate governance code, except for the combined roles of Chairman and CEO, which the board believes enhances leadership effectiveness[106] - The company’s board of directors confirmed compliance with the standard code of conduct for securities transactions during the six-month period[107]

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。 Fortune Sun (China) Holdings Limited 富陽（中國）控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：00352） 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 的 中 期 業 績 公 告 富陽（中國）控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈，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（「回顧期 間」或「期內」）未經審核簡明綜合中期業績，連同二零二二年的比較數字如下： 簡明綜合損益表 截至二零二三年六月三十日止六個月 截至六月三十日止六個月 二零二三年 二零二二年 附註 人民幣千元 人民幣千元 （未經審核） （未經審核） 收益 4 7,853 6,502 服務成本 (6,550) (5,452) 毛利 1,303 1,050 ...