香港交易及結算所有限公司以及香港聯合交易所有限公司對本公佈之內容概不 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佈全 部或任何部分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。 QINGDAO HOLDINGS INTERNATIONAL LIMITED 青島控股國際有限公司* （於百慕達註冊成立的有限公司） （股份代號：00499） 截至二零二二年十二月三十一日止年度業績公佈 青島控股國際有限公司（「本公司」）董事（「董事」）會（「董事會」）公佈本公司及其附 屬公司（統稱「本集團」）截至二零二二年十二月三十一日止年度（「本年度」）之綜 合業績，連同截至二零二一年之比較數字。 綜合損益表 截至二零二二年十二月三十一日止年度 二零二二年 二零二一年 附註 人民幣千元 人民幣千元 收入 – 貨品 31,094 41,854 – 租金 25,507 27,406 收入總額 4 56,601 69,260 已售存貨成本 (18,574) (24,572) 投資物業公平值（減少）╱增加 (39,902) 10,911 ...

Financial Performance - Total revenue for the six months ended June 30, 2022, was RMB 20,387 thousand, a decrease of 17.5% compared to RMB 24,753 thousand in the same period of 2021[2]. - The pre-tax profit for the period was RMB 1,843 thousand, down 45.9% from RMB 3,401 thousand in the previous year[2]. - The net profit for the period was RMB 311 thousand, a decline of 13.9% compared to RMB 361 thousand in the same period last year[2]. - The basic and diluted earnings per share for the period were both RMB 0.31, down from RMB 0.57 in the previous year[2]. - The total comprehensive income for the period was RMB 8,414 thousand, compared to a loss of RMB 1,250 thousand in the same period of 2021[3]. - For the six months ended June 30, 2022, total segment revenue was RMB 20,387,000, a decrease of 16.5% compared to RMB 24,753,000 for the same period in 2021[28]. - The adjusted profit before tax for the total segments was RMB 2,204,000, compared to RMB 2,350,000 for the same period in 2021, reflecting a decline of 6.2%[28]. - The profit attributable to owners of the company was approximately RMB 3,100,000, with earnings per share of RMB 0.31, a slight decrease from RMB 3,500,000 and RMB 0.57 respectively in the previous year[114]. Cash Flow and Liquidity - As of June 30, 2022, the net cash flow from operating activities was RMB (2,227,000), a significant improvement compared to RMB (57,610,000) in the same period last year[15]. - The net cash flow used in investing activities was RMB (9,315,000), down from RMB (57,243,000) year-over-year, indicating a reduction in investment outflows[15]. - The net cash flow used in financing activities was RMB (13,138,000), a decrease from RMB 229,554,000 in the previous year, reflecting a shift in financing strategy[15]. - The total cash and cash equivalents at the end of the period were RMB 215,221,000, slightly down from RMB 221,758,000 at the end of the previous year[15]. - Cash and cash equivalents as of June 30, 2022, were RMB 215,221,000, a decrease from RMB 232,777,000 as of December 31, 2021[69]. Assets and Liabilities - The company's cash and cash equivalents as of June 30, 2022, were RMB 215,221 thousand, a decrease from RMB 232,777 thousand at the end of 2021[7]. - Non-current assets increased to RMB 567,627 thousand from RMB 559,018 thousand at the end of 2021, primarily due to an increase in investment properties[7]. - The total liabilities as of June 30, 2022, were RMB 590,016 thousand, compared to RMB 587,112 thousand at the end of 2021[8]. - The company's equity attributable to owners of the parent increased to RMB 396,096 thousand from RMB 384,873 thousand at the end of 2021[8]. - The total assets of the group as of June 30, 2022, amounted to RMB 1,048,763,000, an increase from RMB 1,037,449,000 as of December 31, 2021[33]. - The total liabilities of the group as of June 30, 2022, were RMB 590,016,000, slightly up from RMB 587,116,000 as of December 31, 2021[33]. - The company's debt-to-asset ratio was 56.3%, slightly improved from 56.6% at the end of the previous year[115]. Segment Performance - The property leasing segment generated revenue of RMB 13,773,000, while the education equipment sales segment reported revenue of RMB 6,614,000, down from RMB 11,043,000 in the previous year[28][38]. - Revenue from the production and sale of digital Chinese calligraphy education equipment and related learning systems was approximately RMB 6,600,000, a decrease of about 40.0% from RMB 11,000,000 in the previous year[108]. - The group recorded rental income from investment properties in China and Hong Kong of approximately RMB 13,800,000, compared to RMB 13,700,000 in the previous year, showing a slight increase[107]. Investments and Acquisitions - The company plans to continue focusing on the education equipment market, which generated RMB 6,614,000 in revenue during the first half of 2022[39]. - The company established Huizhou Yanlong Real Estate Co., Ltd. with a 49% stake and plans to acquire land use rights in Huizhou, Guangdong Province[129]. - A loan agreement was signed for a principal amount of RMB 195,100,000 to fund the acquisition and development of the land[129]. - The company is exploring other suitable investment opportunities, including the acquisition of two commercial properties in Qingdao, China, with a total floor area of approximately 102,200 square meters[144]. - The company plans to seek acquisition opportunities with property management companies, particularly those managing high-quality residential and commercial properties[144]. Corporate Governance and Compliance - The company adhered to the corporate governance code as per the listing rules, with the exception of certain deviations due to COVID-19 travel restrictions[159]. - The audit committee, composed of four independent non-executive directors, reviewed the interim report and monitored the group's financial reporting procedures[171]. - The company has adopted a standard code for securities transactions by directors, ensuring compliance during the reporting period[167]. - The board is committed to maintaining a high level of corporate governance in the interest of shareholders[159]. Other Financial Information - The company did not declare any dividends for the six months ended June 30, 2022, consistent with the previous year[55]. - The company had a capital commitment of RMB 1,982,300,000 for the acquisition of a subsidiary, which was terminated by mutual agreement on June 30, 2022[77]. - The company reported a total of RMB 13,916,000 in other income for the six months ended June 30, 2022, compared to RMB 10,985,000 in the same period of 2021[45]. - The company recognized interest income from a joint venture of RMB 12,555,000 for the six months ended June 30, 2022, an increase from RMB 10,192,000 in the same period of 2021[80].

Financial Performance - The revenue from the digital Chinese calligraphy education equipment business increased to RMB 41,900,000 in 2021, up from RMB 34,100,000 in 2020, reflecting a growth of approximately 22.5%[19] - The group recorded total revenue of approximately RMB 69,300,000 for the year, an increase from RMB 66,700,000 in the previous year, representing a growth of about 2.4%[50] - The profit attributable to equity holders of the parent company was approximately RMB 8,400,000, significantly up from RMB 2,400,000 in the previous year, marking an increase of 250%[50] - Revenue from the rental of investment properties was approximately RMB 27,400,000, accounting for 39.6% of total revenue, slightly down from RMB 27,900,000 in the previous year[43] - Revenue from the production and sale of digital Chinese calligraphy education equipment reached RMB 41,900,000, which is 60.4% of total revenue, up from RMB 34,100,000 in the previous year, indicating a growth of approximately 22.5%[44] - Other income for the year was approximately RMB 24,500,000, a significant increase from RMB 2,800,000 in the previous year, reflecting a growth of about 878.6%[51] Assets and Liabilities - The total assets of the company reached RMB 1,037,449,000 as of December 31, 2021, an increase from RMB 799,756,000 in 2020, marking a growth of approximately 29.7%[33] - The total liabilities of the group as of December 31, 2021, were approximately RMB 587,100,000, compared to RMB 511,200,000 as of December 31, 2020[57] - The net asset value of the group as of December 31, 2021, was RMB 450,300,000, up from RMB 288,600,000 as of December 31, 2020[57] - The group's debt-to-asset ratio as of December 31, 2021, was 56.6%, a decrease from 63.9% as of December 31, 2020[57] - The total distributable reserves of the company as of December 31, 2021, amounted to approximately RMB 100,677,000, an increase from RMB 97,408,000 as of December 31, 2020, representing a growth of about 2.6%[108] Investments and Acquisitions - The company successfully acquired land use rights for the Yongkang Garden project through BCHYCDL in March 2021, marking a significant step in property development[21] - The group plans to utilize the entrusted loans for the acquisition, development, and operation of land in Huizhou, with expected revenue from property sales upon completion[72] - Acquisition of 95% equity in BCHYCDL for RMB 37,564,000 completed on May 24, 2021, with financial performance consolidated into the group’s financial statements[74] - The acquisition of approximately 81.91% equity in Qingdao Urban Construction Financing Leasing Co., Ltd. involves a total consideration of approximately HKD 2,378,700,000, including HKD 154,500,000 in cash and HKD 2,224,200,000 in convertible bonds[76] Shareholder and Governance - The company aims to achieve stable and good performance with the support of its major shareholder, Qingdao Urban Construction Investment Group[24] - The issued ordinary shares of the company increased to 998,553,360 shares as of December 31, 2021, from 499,276,680 shares as of December 31, 2020, due to a rights issue completed on May 17, 2021[58] - The company has a total of 689,243,266 shares held by controlling entities, representing approximately 69.02% of the total issued shares[132] - The company has adopted a dividend policy in January 2019, emphasizing sustainable and manageable dividend payments based on financial conditions and future growth funding needs[105] - The group did not recommend any dividend distribution for the year, consistent with the previous year[54] Risk Management and Internal Control - The company's internal control system is designed to ensure the protection of assets and compliance with relevant rules and regulations[200] - The risk management framework includes risk identification, assessment, treatment, and monitoring of effectiveness[200] - The internal control system provides reasonable assurance but does not guarantee the absence of significant misstatements or losses[200] - The company employs external professional consultants annually for internal audit work[200] - The audit committee reviewed the group's financial statements and discussed audit, internal control, and risk management processes with management[157] Employee and Operational Metrics - The company has a total of 129 full-time employees as of December 31, 2021, up from 122 in 2020[89] - The group regularly reviews compensation and benefits policies based on industry standards and individual employee performance to retain loyal employees[137] - The company emphasizes the importance of maintaining a reliable and sustainable supply chain as a key to product success[137] Future Outlook and Challenges - The company expressed optimism about the long-term prospects of its digital Chinese calligraphy education equipment segment[19] - The company plans to continue seeking good business and investment opportunities to drive growth despite the challenging operating environment[17] - The board believes that the overall operating environment will remain challenging in the coming year due to the impact of COVID-19[84] - The company anticipates that the loan financing business will continue to be a major source of income as the economic environment stabilizes post-COVID-19[88] Corporate Governance - The company has adopted the corporate governance code and has complied with its provisions, with some exceptions disclosed in the report[161] - The board consists of eight members, including three executive directors and four independent non-executive directors, ensuring a balanced composition with relevant knowledge and experience[164] - The audit committee, composed of four independent non-executive directors, is responsible for reviewing financial information and risk management systems[179] - The remuneration committee, established in March 2012, consists of four independent non-executive directors and held one meeting during the year[182] - The company encourages directors to participate in continuous professional development to enhance their knowledge and skills[172]

Financial Statements [Interim Condensed Consolidated Statement of Profit or Loss](index=2&type=section&id=Interim%20Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss) For the six months ended June 30, 2021, total revenue increased 18.9% to RMB 24.75 million, with profit attributable to owners of the parent rising 138% to RMB 3.52 million and basic EPS at RMB 0.57 fen Key Profit or Loss Data for H1 2021 | Metric | H1 2021 (RMB thousands) | H1 2020 (RMB thousands) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Total Revenue | 24,753 | 20,818 | +18.9% | | Profit Before Tax | 3,401 | 1,746 | +94.8% | | Profit for the Period | 361 | 40 | +802.5% | | Profit Attributable to Owners of the Parent | 3,520 | 1,479 | +138.0% | - Basic and diluted earnings per share were both **RMB 0.57 fen**, a **90% increase** from **RMB 0.30 fen** in the prior period[3](index=3&type=chunk)[53](index=53&type=chunk) [Interim Condensed Consolidated Statement of Comprehensive Income](index=3&type=section&id=Interim%20Condensed%20Consolidated%20Statement%20of%20Comprehensive%20Income) For the six months ended June 30, 2021, the company recorded a total comprehensive loss of RMB 1.25 million, a reversal from the prior year's gain, primarily due to a RMB 1.61 million exchange difference loss from overseas operations translation Comprehensive Income/Loss Overview | Metric | H1 2021 (RMB thousands) | H1 2020 (RMB thousands) | | :--- | :--- | :--- | | Profit for the Period | 361 | 40 | | Exchange difference on translation of overseas operations | (1,611) | 3,850 | | **Total Comprehensive (Loss) / Income** | **(1,250)** | **3,890** | [Interim Condensed Consolidated Statement of Financial Position](index=4&type=section&id=Interim%20Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2021, total assets increased 30.4% to RMB 1.043 billion from year-end 2020, with total liabilities at RMB 594 million, and net assets significantly grew 55.7% to RMB 449 million, mainly due to capital raised from share issuance during the period Financial Position Summary | Metric | June 30, 2021 (RMB thousands) | Dec 31, 2020 (RMB thousands) | Change | | :--- | :--- | :--- | :--- | | Total Non-current Assets | 727,659 | 658,397 | +10.5% | | Total Current Assets | 315,038 | 141,359 | +122.9% | | **Total Assets** | **1,042,697** | **799,756** | **+30.4%** | | Total Current Liabilities | 93,038 | 54,558 | +70.5% | | Total Non-current Liabilities | 500,513 | 456,663 | +9.6% | | **Total Liabilities** | **593,551** | **511,221** | **+16.1%** | | **Net Assets** | **449,146** | **288,535** | **+55.7%** | - Current assets significantly increased, primarily due to substantial growth in inventories, trade receivables, and cash and cash equivalents[8](index=8&type=chunk) [Interim Condensed Consolidated Statement of Changes in Equity](index=6&type=section&id=Interim%20Condensed%20Consolidated%20Statement%20of%20Changes%20in%20Equity) As of June 30, 2021, total equity increased to RMB 449 million, a 55.7% rise from RMB 289 million at the beginning of the year, primarily driven by approximately RMB 160 million in capital inflow from share issuance during the period - In H1 2021, the company raised **RMB 159.9 million** through share issuance, significantly strengthening its equity base[13](index=13&type=chunk) Summary of Changes in Equity | Item | Amount (RMB thousands) | | :--- | :--- | | Total Equity as at January 1, 2021 | 288,535 | | Total comprehensive (loss) for the period | (1,250) | | Acquisition of a subsidiary | 1,945 | | Issue of shares | 159,916 | | **Total Equity as at June 30, 2021** | **449,146** | [Interim Condensed Consolidated Statement of Cash Flows](index=8&type=section&id=Interim%20Condensed%20Consolidated%20Statement%20of%20Cash%20Flows) For the six months ended June 30, 2021, the company experienced a net cash outflow of RMB 57.61 million from operating activities and RMB 57.24 million from investing activities, but financing activities generated a net cash inflow of RMB 230 million, primarily from share issuance and new borrowings, leading to a significant increase in cash and cash equivalents to RMB 222 million at period-end Cash Flow Overview | Activity Type | H1 2021 (RMB thousands) | H1 2020 (RMB thousands) | | :--- | :--- | :--- | | Net cash flow from operating activities | (57,610) | 13,923 | | Net cash flow from investing activities | (57,243) | 8,250 | | Net cash flow from financing activities | 229,554 | (6,259) | | **Net increase in cash** | **114,701** | **15,914** | | **Cash and cash equivalents at end of period** | **221,758** | **82,083** | - Cash flow from financing activities primarily stemmed from proceeds of approximately **RMB 161 million** from share issuance, and increased loans from intermediary and ultimate holding companies[18](index=18&type=chunk) Notes to the Interim Condensed Consolidated Financial Information [1. Basis of Preparation & 2. Changes in Accounting Policies and Disclosures](index=9&type=section&id=1.%20Basis%20of%20Preparation%20%26%202.%20Changes%20in%20Accounting%20Policies%20and%20Disclosures) This interim financial information is prepared in accordance with HKAS 34, with a significant change being the presentation currency shifting from HKD to RMB since December 31, 2020, and comparative figures restated to accurately reflect RMB-denominated business activities - The presentation currency of the Group's consolidated financial statements has changed from HKD to RMB, with comparative figures retrospectively restated[23](index=23&type=chunk) [3. Segment Information](index=10&type=section&id=3.%20Segment%20Information) The Group's business is divided into four segments: property leasing, production and sale of education equipment, loan financing, and consulting services; in H1 2021, property leasing contributed most revenue and all operating profit, while education equipment sales significantly grew 63.3% year-on-year but still incurred an operating loss, and loan financing and consulting services generated no revenue during the period H1 2021 Segment Revenue and Results (RMB thousands) | Segment | Segment Revenue | Segment Results | | :--- | :--- | :--- | | Property Leasing | 13,710 | 11,295 | | Production and Sale of Education Equipment | 11,043 | (5,727) | | Consulting Services | – | (3,209) | | Loan Financing | – | (9) | | **Total Segments** | **24,753** | **2,350** | - Geographically, the vast majority of revenue (approximately **93.7%**) originated from Mainland China, where non-current assets are also primarily concentrated[36](index=36&type=chunk)[37](index=37&type=chunk) [4. Revenue, Other Income, Other Gains and Losses](index=15&type=section&id=4.%20Revenue%2C%20Other%20Income%2C%20Other%20Gains%20and%20Losses) In H1 2021, revenue from contracts with customers primarily derived from the sale of education equipment, totaling RMB 11.043 million, while other income surged year-on-year, mainly due to new entrusted loan interest income of RMB 10.192 million Revenue and Other Income Details (RMB thousands) | Item | H1 2021 | H1 2020 | | :--- | :--- | :--- | | **Revenue** | | | | Sale of education equipment | 11,043 | 6,763 | | Rental income from investment properties | 13,710 | 13,994 | | **Other Income** | | | | Entrusted loan interest | 10,192 | – | [9. Earnings Per Share](index=19&type=section&id=9.%20Earnings%20Per%20Share) For the six months ended June 30, 2021, basic and diluted earnings per share attributable to ordinary equity holders of the parent company were both RMB 0.57 fen, representing a 90% increase from RMB 0.30 fen in the prior period, primarily driven by the increase in profit attributable to owners of the parent Earnings Per Share Calculation | Metric | H1 2021 | H1 2020 | | :--- | :--- | :--- | | Profit attributable to owners of the parent (RMB thousands) | 3,520 | 1,479 | | Weighted average number of ordinary shares in issue | 618,548,331 | 499,276,680 | | **Basic and Diluted Earnings Per Share** | **RMB 0.57 fen** | **RMB 0.30 fen** | [16. Share Capital & 17. Pledged Assets](index=23&type=section&id=16.%20Share%20Capital%20%26%2017.%20Pledged%20Assets) In H1 2021, the company doubled its issued share capital by issuing approximately 499 million new shares through a rights issue, raising a total of approximately RMB 161 million, and at period-end, the Group pledged certain investment properties and property, plant and equipment to secure bank mortgage financing - The company completed a rights issue in May 2021, issuing **499,276,680 shares** at approximately **RMB 0.32 per share**, raising a total cash consideration (before expenses) of approximately **RMB 161 million**[74](index=74&type=chunk) - As of June 30, 2021, the Group pledged investment properties with a market value of approximately **RMB 135 million** and property, plant and equipment with a carrying amount of approximately **RMB 21.2 million** to secure bank financing[75](index=75&type=chunk) [18. Related Party Disclosures](index=25&type=section&id=18.%20Related%20Party%20Disclosures) During the period, the Group engaged in several significant transactions with its controlling shareholder and its associates, including obtaining loans from the ultimate and intermediary holding companies and providing high-interest entrusted loans to a joint venture, which served as important financing and revenue sources for the Group - The Group provided an entrusted loan with an annual interest rate of **15%** to Huizhou Jiuyu, a joint venture, recognizing approximately **RMB 10.19 million** in interest income during the period[78](index=78&type=chunk) - The Group obtained loans from its ultimate holding company, Qingdao City Construction Investment (Group) Co., Ltd., at annual interest rates ranging from **3.85% to 4.75%**, used to fund the aforementioned entrusted loans[77](index=77&type=chunk)[80](index=80&type=chunk) - The Group obtained a **HKD 50 million** loan from an intermediary holding company at an annual interest rate of **2.80%**[81](index=81&type=chunk) [20. Events After Reporting Period](index=31&type=section&id=20.%20Events%20After%20Reporting%20Period) Subsequent to the reporting period, the company disclosed a very substantial potential acquisition, where its indirect wholly-owned subsidiary plans to acquire approximately 81.91% equity interest in Qingdao Urban and Rural Construction Financial Leasing Co., Ltd. for approximately RMB 1.98 billion, payable in cash and convertible bonds, with the transaction not yet completed as of the report date - The company plans to acquire approximately **81.91%** equity interest in Qingdao Urban and Rural Construction Financial Leasing Co., Ltd. for a total consideration of approximately **RMB 1.98 billion**[92](index=92&type=chunk) - The acquisition consideration will be settled through approximately **RMB 129 million** in cash and the issuance of approximately **RMB 1.85 billion** in convertible bonds[92](index=92&type=chunk)[93](index=93&type=chunk) Management Discussion and Analysis [Business Review](index=32&type=section&id=Business%20Review) In H1 2021, the Group's total revenue grew 19.2%, primarily driven by the production and sale of education equipment business, which saw a 61.8% year-on-year increase as installation projects resumed after the pandemic, while investment property leasing revenue remained stable, and although consulting services and loan financing generated no revenue during the period, new entrusted loan activities are expected to become a key future revenue source [Investment Property Leasing](index=32&type=section&id=Investment%20Property%20Leasing) The investment property leasing business performed stably, recording rental income of approximately RMB 13.7 million during the period, largely consistent with RMB 14 million in the prior period - Investment property leasing business in China and Hong Kong provided stable returns, with revenue of approximately **RMB 13.7 million**[100](index=100&type=chunk) [Production and Sale of Digital Chinese Calligraphy Education Equipment](index=32&type=section&id=Production%20and%20Sale%20of%20Digital%20Chinese%20Calligraphy%20Education%20Equipment) This segment's revenue significantly increased by 61.8% year-on-year to approximately RMB 11 million, mainly due to the resumption of classroom installation projects as the COVID-19 pandemic came under control in China - Education equipment business revenue grew approximately **61.8%** to **RMB 11 million**, primarily benefiting from the resumption of installation projects post-pandemic[101](index=101&type=chunk) [Provision of Consulting Services](index=33&type=section&id=Provision%20of%20Consulting%20Services) This business segment, launched in H2 2020, generated no revenue during the period, but management is optimistic about its future opportunities and anticipates revenue generation in the second half of the year - The consulting services segment generated no revenue in this period but is expected to start contributing revenue in the second half of the year[103](index=103&type=chunk)[104](index=104&type=chunk) [Provision of Loan Financing](index=33&type=section&id=Provision%20of%20Loan%20Financing) The traditional loan financing business generated no revenue during the period; however, with new entrusted loan activities, this business is expected to continue to be a part of the Group's primary revenue sources - Traditional loan financing business had no revenue during the period, but new entrusted loan activities are expected to bring significant revenue to the Group[105](index=105&type=chunk) [Financial Review](index=33&type=section&id=Financial%20Review) The Group's consolidated revenue increased 19.2% to RMB 24.8 million during the period, with profit attributable to owners of the parent rising to RMB 3.5 million, mainly due to an increase in fair value of investment properties and a significant surge in other income from entrusted loans; however, staff welfare expenses, other operating expenses (due to increased marketing and legal fees), and finance costs all increased, while the gearing ratio improved from 63.9% to 56.9% - Other income surged **1,733.3%** year-on-year to **RMB 11 million**, primarily attributable to approximately **RMB 10.2 million** in entrusted loan interest income[106](index=106&type=chunk) - Staff welfare expenses and other operating expenses both significantly increased, mainly due to higher commissions and promotion fees in the education equipment business, as well as increased legal and professional fees related to the proposed acquisition[108](index=108&type=chunk) - As of June 30, 2021, the gearing ratio (total liabilities/total assets) was **56.9%**, a decrease from **63.9%** at the end of 2020[110](index=110&type=chunk) [Outlook](index=36&type=section&id=Outlook) Management believes the business environment in H2 2021 remains challenging; to address this, the Group will adhere to prudent financial management and strict cost control while continuing to seek high-quality business and investment opportunities, committed to promoting long-term sustainable development with the full support of its ultimate controlling shareholder, Qingdao City Construction Investment (Group) Co., Ltd., aiming to deliver stable returns to shareholders - Facing challenges, the Group will adhere to prudent financial management, strict cost control, and continue to seek business and investment opportunities[119](index=119&type=chunk) - The Group, with the support of its ultimate controlling shareholder Qingdao City Construction Investment (Group) Co., Ltd., will promote long-term sustainable development, aiming to deliver stable returns to shareholders[119](index=119&type=chunk) [Significant Transactions](index=36&type=section&id=Significant%20Transactions) During and after the period, the Group engaged in several significant transactions, including a core transaction of providing an entrusted loan of up to RMB 195 million to a joint venture, from which it earned interest income, completing the acquisition of a 95% equity interest in Huaiyi Construction, and most notably, announcing a very substantial acquisition plan to acquire approximately 81.91% equity interest in Qingdao Urban and Rural Construction Financial Leasing Co., Ltd., for which it completed a rights issue to raise capital [Provision of Entrusted Loans](index=36&type=section&id=Provision%20of%20Entrusted%20Loans) The Group, through its subsidiary, provided an entrusted loan with a principal amount of RMB 195 million to Huizhou Jiuyu, a joint venture, for land acquisition and development, which not only generated substantial interest income for the Group but also allowed it to indirectly share in the potential benefits of land development; as of period-end, Huizhou Jiuyu had drawn down RMB 169 million of the loan - The Group provided an entrusted loan with a principal amount of **RMB 195 million** to Huizhou Jiuyu, a joint venture, to support its land acquisition and development projects[123](index=123&type=chunk) - This arrangement generated positive interest income and cash flow for the Group, as the entrusted loan interest rate was higher than the financing rates obtained from the controlling shareholder[126](index=126&type=chunk) [Acquisition of 95% Equity Interest in Bengbu Huaiyi Construction Development Co., Ltd. by a Non-wholly Owned Subsidiary](index=39&type=section&id=Acquisition%20of%2095%25%20Equity%20Interest%20in%20Bengbu%20Huaiyi%20Construction%20Development%20Co.%2C%20Ltd.%20by%20a%20Non-wholly%20Owned%20Subsidiary) On May 24, 2021, the Group, through its non-wholly owned subsidiary, completed the acquisition of a 95% equity interest in Bengbu Huaiyi Construction Development Co., Ltd. for a consideration of RMB 37.564 million, and following the acquisition, Huaiyi's financial results have been consolidated into the Group's financial statements - The Group completed the acquisition of **95%** equity interest in Huaiyi Construction for a consideration of **RMB 37.564 million**, and its financial results are now consolidated[129](index=129&type=chunk) [Very Substantial Acquisition, Issue of Convertible Bonds Under Specific Mandate and Rights Issue](index=39&type=section&id=Very%20Substantial%20Acquisition%2C%20Issue%20of%20Convertible%20Bonds%20Under%20Specific%20Mandate%20and%20Rights%20Issue) The Group announced a very substantial connected transaction to acquire approximately 81.91% equity interest in Qingdao Urban and Rural Construction Financial Leasing Co., Ltd., a subsidiary of its controlling shareholder; to raise part of the funds, the company completed a "1-for-1" rights issue, raising net proceeds of approximately RMB 160 million, and as of the report date, the preconditions for this acquisition had not yet been fully met - The company proposes to acquire approximately **81.91%** equity interest in Qingdao Urban and Rural Construction Financial Leasing Co., Ltd., which constitutes a very substantial acquisition and connected transaction[131](index=131&type=chunk) - To fund this, the company completed a rights issue, raising net proceeds of approximately **RMB 160 million**, which remains unutilized pending the fulfillment of acquisition conditions[133](index=133&type=chunk)[134](index=134&type=chunk) Other Information [Directors' and Major Shareholders' Interests in Shares](index=41&type=section&id=Directors'%20and%20Major%20Shareholders'%20Interests%20in%20Shares) As of June 30, 2021, the company's directors and chief executives held no interests in the company's shares, while the ultimate controlling shareholder, Qingdao City Construction Investment (Group) Co., Ltd., indirectly held 689,243,266 shares through its wholly-owned subsidiaries, representing 69.02% of the total issued shares - The ultimate controlling shareholder, Qingdao City Construction Investment (Group) Co., Ltd., is deemed to hold a **69.02%** equity interest in the company through its controlled corporations[145](index=145&type=chunk) [Share Option Scheme](index=41&type=section&id=Share%20Option%20Scheme) The company adopted a share option scheme in 2013 with a ten-year validity, but no share options have been granted under the scheme since its adoption; as of the report date, the maximum number of shares issuable under the scheme is approximately 49.93 million, representing 5% of the total issued shares - No share options have been granted by the company since the adoption of the share option scheme[141](index=141&type=chunk) [Corporate Governance Code](index=44&type=section&id=Corporate%20Governance%20Code) During the period, the company complied with most provisions of the Corporate Governance Code, with only one deviation: the Chairman of the Board was unable to attend the Annual General Meeting held on June 4, 2021, due to pandemic-related travel restrictions - The company complied with the Corporate Governance Code, with the sole deviation being the Chairman's inability to attend the Annual General Meeting due to pandemic travel restrictions[148](index=148&type=chunk) [Audit Committee and Review of Interim Report](index=45&type=section&id=Audit%20Committee%20and%20Review%20of%20Interim%20Report) The company's Audit Committee, comprising four independent non-executive directors, is responsible for overseeing auditing, financial reporting, risk management, and internal controls, and has reviewed the unaudited financial information contained in this interim report - The financial information in this interim report is unaudited but has been reviewed by the company's Audit Committee[153](index=153&type=chunk)

Qingdao Holdings International Limited 青 島 控 股 國 際 有 限 公 司* (於百慕達註冊成立之有限公司） (股份代號 : 499) 2020 年 報 一*值供錄別 | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------------------------------------|-------|-------|-------|-------|-------|-------| | | 目錄 | | | | | | | | 2 | 企業資料 | | | | | | | | 4 | 主席報告書 | | | | | | | | 8 | 財務概要 | | | | | | | | 10 | 管理層討論及分析 | | | | | | | | 19 | 董事之詳細履歷 | | | | | | | | 21 | 董事會報告 | | | | | | | | 29 | 企業管治報告 | | | | | | | | | | | | | | | | | 38 | 環境、社會及管治報告 | | | | | | | ...

Qingdao Holdings International Limited 青 島 控 股 國 際 有 限 公 司 * (於百慕達註冊成立之有限公司) (股份代號：499) 中期報告 管供服务 中期簡明綜合損益表 截至二零二零年六月三十日止六個月 | --- | --- | --- | --- | |----------------------------------------------------------------------|-------|------------------------------------------------------------|----------------------------------------------------------| | | 附註 | 截至二零二零年 六月三十日 止六個月 港幣千元 （未經審核） | 截至二零一九年 九月三十日 止六個月 港幣千元 （未經審核） | | 收益 －貨品 －租金 －利息 | | 7,432 15,378 67 | 11,858 15,819 600 | | 收入總額 購買製成品 製成品存貨變動 投資物業公 ...

Qingdao Holdings International Limited 青 島 控 股 國 際 有 限 公 司* (於百慕逵註冊成立之有限公司) (股份代號 : 499) 】(215)(215)(215)(215)(215)(21)(21)(21)(21 年報 QUIS (截至二零一九年十二月三十一日止九個月) * 僅供議別 目錄 2 企業資料 4 主席報告書 8 財務概要 10 管理層討論及分析 15 董事之詳細履歷 17 董事會報告 25 企業管治報告 34 環境、社會及管治報告 44 獨立核數師報告 50 綜合損益表 51 綜合全面收益表 52 綜合財務狀況表 54 綜合權益變動表 55 綜合現金流量表 57 綜合財務報表附註 124 主要物業附表 المتحا القت الفتحا لهنتما لهتما لهتما لهتما لهتما لهتما لهنتجا لهندر الانتخاب الانت العالم العالم العالم الحالي العام ا 企業資料 | --- | --- | |------------------------------------- ...