此外，继续停牌。 智通财经APP讯，梦东方(00593)发布公告，于2025年7月30日(星期三)举行的计划会议上，债权人计划 已获法定所需大多数拥有投票申索的债权人通过(即亲身或委派代表出席计划会议并投票的拥有投票申 索的债权人中以人数计超过百分之五十(相当于投票申索价值最少百分之七十五)投票赞成债权人计划)。 计划会议的主席将向香港法院报告计划会议的结果，以用作审批债权人计划。有关审批债权人计划的法 院聆讯已定于2025年8月27日(星期三)上午10时正进行。 ...

本公司將會於適當情況及時間下發出進一步之公告以保持公眾知情。 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依賴該等內容而引致 的任何損失承擔任何責任。 DREAMEAST GROUP LIMITED 夢東方集團有限公司 （強制清盤中） （於百慕達註冊成立的有限公司，並以「夢東方文化娛樂」名稱於香港經營業務） （股份代號：593） 計劃會議之結果 茲題述夢東方集團有限公司（強制清盤中）（「本公司」，連同其附屬公司統稱「本 集團」）與 Honor Magic International Limited 於 2025 年 7 月 22 日聯合刊發之公告（「該 公告」），內容有關（其中包括）建議重組及召開計劃會議。除文義另有所指外，本 公告所採用之界定詞彙與該公告所界定者具相同涵義。 計劃會議之結果 計劃會議之結果 本公司欣然宣佈，於 2025 年 7 月 30 日（星期三）舉行之計劃會議上，債權人計劃已獲 法定所需大多數擁有投票申索的債權人通過（即親身或委派代表出席計劃會議並投票 之擁有投票申索的 ...

智通财经APP讯，创升控股(02680)发布公告，于2023年12月22日，卖方(创陞管理有限公司，公司的间接全资附属公司)在公开市场出售合共920.5万股梦东方股份，总代价约为1538万港元(不包括交易成本)，每股梦东方股份的平均价格约为1.67港元。 ...

Financial Performance - DreamEast Group recorded total revenue of approximately HK$8.4 million for the six months ended 30 June 2023, an increase of approximately HK$1.6 million or 24.4% compared to HK$6.8 million for the same period in 2022[21]. - The Group reported a net loss of approximately HK$378.3 million for the period under review, compared to a net loss of approximately HK$28.2 million for the same period in 2022[21]. - The decrease in gain on share of results of joint ventures was approximately HK$247.5 million, with only HK$51.4 million recorded for the period under review compared to approximately HK$298.9 million for the same period last year[21]. - A loss on disposal of investment properties of approximately HK$104.3 million was noted for the period under review, while no such disposal was recorded for the same period last year[21]. - Revenue increase was primarily driven by the growth in tourism park operations during the period[21]. Project Development - DreamEast focuses on two core products: tourist resorts and films and animations, with ongoing projects in key areas like Greater Beijing, Greater Shanghai, and Greater Shenzhen[7]. - The Group's projects include DreamEast Jiashan, Hengyang DreamEast Resort, and the DreamEast Future World Aerospace Theme Park, which is China's first aerospace theme park[7]. - The Hengyang DreamEast Resort project is being developed with a focus on cultural tourism, featuring "Four Towns and Five Parks" to enhance the cultural and tourism industry in Hengyang City[36][37]. - The Dream East Jiashan project is planned to cover approximately 733,000 square meters and will be developed in three phases, aiming to create a family-oriented children's dream world[43]. - The integration of cultural and tourism projects in Jiashan is expected to accelerate the construction of the Jiashan Chocolate Sweet Town, promoting regional economic growth[49][52]. Market Conditions - The domestic tourism market saw a significant recovery, with the total number of domestic tourists reaching 2.384 billion in the first half of 2023, a year-on-year increase of 63.9%, and domestic tourism revenue amounting to RMB2.30 trillion, a year-on-year increase of 95.9%[30]. - The real estate market remains under pressure, with weak sales and buyer sentiment, impacting the Group's real estate development efforts[31]. Financial Position - As of June 30, 2023, the deficit attributable to the owners of the Company was approximately HK$1,352.0 million, an increase of approximately HK$359.6 million from December 31, 2022[22][24]. - As of June 30, 2023, the Group's net asset value was HK$1,203.4 million, an increase from HK$837.1 million as of December 31, 2022[77]. - The Group's total current liabilities decreased to approximately HK$7,677.3 million from approximately HK$8,166.8 million as of December 31, 2022, while total current assets were approximately HK$4,258.6 million, down from approximately HK$4,910.5 million[77]. - The current ratio declined from approximately 0.60 times at December 31, 2022, to approximately 0.55 times at June 30, 2023[77]. - The Group's negative gearing ratio improved to approximately 6.8 times as of June 30, 2023, compared to approximately 10.3 times as of December 31, 2022[78]. Legal and Compliance Matters - Legal claims against the Group amounted to approximately HK$3,655.3 million as of June 30, 2023, down from approximately HK$4,132.0 million as of December 31, 2022, representing a decrease of about 11.5%[100]. - The Group has provided construction cost liabilities due to litigation amounting to approximately HK$161.0 million as of June 30, 2023, slightly down from approximately HK$163.4 million as of December 31, 2022[108]. - The Group's outstanding legal claims subjected to legal proceedings and/or appeal totaled approximately HK$3,296.5 million as of June 30, 2023, down from approximately HK$3,440.1 million as of December 31, 2022, indicating a decrease of about 4.2%[109]. Shareholder and Investor Relations - The company did not declare any interim dividend for the six months ended June 30, 2023, consistent with the previous year[147]. - On August 29, 2023, the company successfully placed 184,664,058 shares at a price of HK$0.1492 per share, representing approximately 90% of the placing shares and about 64.68% of the entire issued share capital[142]. - The company has maintained effective communication with investors and stakeholders to enhance transparency and reduce financial costs[153]. - The company emphasizes effective investor relations to reduce financing costs and improve market liquidity[154]. - The company is committed to high transparency and adheres to the principles of accurate, timely, and transparent information disclosure[154]. Corporate Governance - The Company has complied with the applicable code provisions of the Corporate Governance Code, with certain deviations summarized in the report[186]. - The Audit Committee has reviewed the unaudited interim condensed consolidated financial statements for the six months ended June 30, 2023[199]. - Compliance procedures are in place to ensure adherence to applicable laws and regulations, with regular reviews conducted by the Audit Committee[200]. - The company has maintained compliance with the Corporate Governance Code, with specific deviations noted in the Audit Committee's terms of reference[191].

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佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何 部份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。 1 DREAMEAST GROUP LIMITED 夢東方集團有限公司 （股份代號：593） （於百慕達註冊成立的有限公司， 並以「夢東方文化娛樂」名稱於香港經營業務） 2023年中期業績公佈 及 恢復買賣 執行董事報告 本人欣然提呈夢東方集團有限公司（「本公司」）及其附屬公司（統稱「本集團」）截至 2023年6月30日止6個月（「回顧期」）之中期業績。回顧期內，本集團錄得總收入約8.4 百萬港元，較2022年同期約6.8百萬港元增加約1.6百萬港元或24.4%。收入的增加主 要由於回顧期內旅遊樂園運營收入增加。本集團於回顧期內錄得淨虧損約378.3百萬 港元（截至2022年6月30日止6個月：淨虧損約28.2百萬港元）。淨虧損增加主要是由 於分佔合營企業收益減少約247.5百萬港元，於回顧期內錄得約為51.4百萬港元，而 去年同期約為298.9百萬港元。此外，回顧期內出售投資物業錄得虧損約104.3百 ...

Financial Performance - The Group recorded revenue of HK$25.1 million for the year ended 31 December 2022, a decrease of 51.0% from HK$51.2 million in 2021, primarily due to reduced property sales revenue[19] - The Group reported a loss of approximately HK$910.7 million, compared to a loss of HK$864.9 million in 2021, mainly due to a fair value loss on investment properties of HK$715.6 million[20] - Basic loss per share attributable to the owners of the Company for the year was HK$3.17, compared to HK$3.01 in 2021[21] - The Group experienced a reversal of provision for settlement fees and related costs amounting to HK$53.7 million, compared to a provision of HK$101.3 million in 2021[20] - Finance costs amounted to HK$560.0 million, slightly down from HK$572.6 million in 2021[20] - The gain on share of results from joint ventures was HK$182.0 million, a significant improvement from a loss of HK$25.9 million in 2021[20] Assets and Liabilities - Total assets decreased to HK$7,783.0 million as of 31 December 2022, down from HK$9,160.1 million as of 31 December 2021[21] - The Group has net liabilities of HK$837.1 million, a shift from net assets of HK$112.3 million in 2021[21] - The current ratio improved slightly from approximately 0.58 times in 2021 to approximately 0.60 times in 2022, with total current assets around HK$4,910.5 million[101] - The Group's total current liabilities as of December 31, 2022, were approximately HK$8,166.8 million, down from HK$8,429.5 million in 2021[101] - The negative gearing ratio was approximately 10.3 times as of December 31, 2022, compared to a positive gearing ratio of 80.6 times in the previous year[101] Dividend and Shareholder Value - The Board resolved not to propose a final dividend for the year, consistent with the previous year[22] - The Group is optimistic about overcoming challenges and creating shareholder value through its strategic planning and ongoing developments[27] Real Estate and Development Projects - The Hengyang DreamEast Resort development includes "Four Towns and Five Parks," featuring various themed attractions aimed at enhancing cultural and entertainment experiences[51] - The DreamEast Shooting Centre, covering approximately 69,000 square meters, was completed and will offer shooting experiences to tourists in the future[51] - The project has resumed construction with a focus on ensuring smooth delivery of houses and improving tourism facilities, expected to open to guests soon[53] - The DreamEast Jiashan project is planned to cover approximately 733,000 square meters and will be developed in three phases, with Phase 1 including various attractions and a Hyatt Place Hotel[62] - Phase 2 of DreamEast Jiashan is included in several major project plans in Zhejiang Province, expected to enhance the local culture and tourism industry significantly[67] Market Conditions and Challenges - The cultural and tourism industry faced significant challenges due to pandemic-related restrictions, impacting the overall development of related enterprises[39] - The real estate sector encountered unprecedented challenges in 2022, exacerbated by pandemic resurgences and construction suspensions, leading to a deep adjustment in the market[40] - Despite improvements in real estate policies, the market remains under pressure, with expectations for gradual stabilization and recovery in 2023[96] Legal and Financial Issues - Legal claims against the Group amounted to approximately HK$4,132.0 million as of December 31, 2022, down from HK$4,585.8 million in 2021[134] - The Group has provided construction cost liabilities due to litigation amounting to approximately HK$163.4 million as of December 31, 2022[137] - The Group is actively negotiating with financial institutions for financing options to address overdue borrowings and working capital needs[113] Investor Relations and Corporate Governance - The investor relations department emphasizes maintaining high transparency and timely information disclosure to enhance communication with investors and stakeholders[195] - The Company aims to reduce financial costs and improve share liquidity through effective investor relations[196] - The Company is committed to providing accurate, timely, and transparent information to the market[196] - The investor relations strategy is designed to create maximum value for shareholders and stakeholders[196] Management and Leadership - Dr. Chen has over 27 years of experience in accounting, auditing, taxation, and financial management[179] - Dr. Meng has been an Independent Non-Executive Director since March 2014 and holds a Ph.D. in economics from Peking University[182] - Mr. Yang has over 30 years of experience in the film industry and has led influential projects such as the development of the national e-ticket administration system[186]

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，概不對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的任何損失承擔任何責任。 1 DREAMEAST GROUP LIMITED 夢東方集團有限公司 （股份代號：593） （於百慕達註冊成立的有限公司， 並以「夢東方文化娛樂」名稱於香港經營業務） 截至2022年12月31日止年度之全年業績公佈 全年業績 夢東方集團有限公司（「本公司」）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2022年12月31日止年度（「本年度」）之全年合併業績（「業績」）， 連同截至2021年12月31日止年度之相應對比數字如下。 主席報告 本人欣然提呈本公司及其附屬公司本年度之全年業績。 合併綜合收益表 截至2022年12月31日止年度 2022年 2021年 附註 千港元 千港元 收入 3 | --- | --- | --- | |------------------------|--------|--------| | 物業銷售 | – | 31,060 | | 租金收入 ...

Company Overview - DreamEast Group Limited focuses on two core products: tourist resorts and films/animations, with resorts extending around the Greater Beijing, Greater Shanghai, and Greater Shenzhen areas[9]. - The company has several projects in operation, including DreamEast Jiashan, Hengyang DreamEast Resort, and DreamEast Future World Aerospace Theme Park, which is China's first and the world's second aerospace theme park[9]. - DreamEast aims to create a unique offline entertainment platform that integrates Chinese history, culture, and art into its offerings[7]. - The company reported a significant commitment to originality and ingenuity in its projects, aligning with its vision of sharing Chinese beauty with the world[8]. - DreamEast's strategic focus includes expanding its entertainment offerings and enhancing user experiences through innovative concepts like "all-IPs" and "new entertainment"[7]. Financial Performance - The Group recorded total revenue of approximately HK$6.8 million for the six months ended 30 June 2022, a decrease of approximately HK$30.3 million or 81.7% compared to approximately HK$37.1 million for the corresponding period in 2021[24]. - The Group reported a net loss of approximately HK$28.2 million for the period under review, significantly improved from a net loss of approximately HK$448.4 million for the same period in 2021[24]. - The deficit attributable to the owners of the Company increased to approximately HK$142.4 million as of 30 June 2022, up by approximately HK$60.5 million from 31 December 2021[24]. - As of June 30, 2022, the Group's net asset value was HK$35.2 million, down from HK$112.3 million as of December 31, 2021[1]. - The Group's net current liabilities increased to HK$3,667.2 million from HK$3,502.7 million, with a current ratio decrease from approximately 0.58 times to 0.56 times[1]. Market Conditions - The real estate development investment in China decreased by 5.4% from January to June 2022, with real estate developers' capital contributions dropping by 25.3% year-on-year to RMB7,684.7 billion[31]. - The total number of domestic tourists in China was 1.455 billion in the first half of 2022, representing a year-on-year decrease of 22.2%[32]. - The real estate climate index was 95.40 in June 2022, marking the lowest level in the past 12 months[31]. - The cultural tourism industry continues to face challenges due to the ongoing pandemic, leading to a sharp decline in revenue and cash flow issues[36]. Project Developments - The Hengyang DreamEast Resort development includes "Four Towns and Five Parks," with a focus on cultural and technological themes[38]. - The DreamEast Shooting Centre, covering approximately 69,000 square meters, was completed and will offer shooting experiences to tourists in the future[38]. - DreamEast Jiashan is planned to cover approximately 733,000 square meters and will be developed in three phases, with Phase 1 including various attractions and accommodations[47]. - Phase 2 of DreamEast Jiashan is included in multiple major project plans in Zhejiang Province, which is expected to enhance the local culture and tourism industry significantly[53]. - Xiake Island Ecological City aims to leverage its 3.33 million square meters of natural wetland resources to promote Xu Xiake culture and become a tourist destination[57]. Legal and Financial Negotiations - The Group is negotiating with financial institutions for financing options to improve liquidity and address overdue borrowings[6]. - The Group is actively negotiating for the renewal and extension of bank borrowings and credit facilities[7]. - The Group has not engaged in any currency hedging arrangements during the reporting period, monitoring exposure to foreign exchange fluctuations[8]. - The Group is consulting with a third party to sell 51% of the equity of DreamEast Jiashan, although progress has been delayed due to policy factors[6]. Shareholder Information - As of June 30, 2022, the Company had a total of 285,490,845 shares, with a market price per share of HK$1.01, resulting in a market capitalization of approximately HK$288 million[160]. - The Company adopted a share option scheme on November 29, 2018, granting 4,928,676 share options with an exercise price of HK$8.18 per share[173]. - The total number of shares issued as of June 30, 2022, was 285,490,845, with Knowledge Silicon Valley Limited holding 465,487,480 shares, representing approximately 163.05% of the issued share capital[183]. - The highest and lowest share prices during the six months ended June 30, 2022, were HK$1.35 and HK$0.60, respectively[156]. Future Strategies - Future growth strategies include market expansion and potential mergers and acquisitions to strengthen its portfolio[9]. - The management emphasizes the importance of integrating online and offline experiences to create a comprehensive entertainment ecosystem[9]. - The company aims to seek breakthroughs and pursue innovation in the cultural tourism industry amidst market changes[86]. - Future policies need to introduce strong measures from both supply and demand sides to maintain stable operation of the real estate market[87].

Financial Performance - The Group recorded revenue of HK$51.2 million for the year ended 31 December 2021, representing a 169.1% increase from HK$19.0 million in 2020, primarily due to increased property sales[22]. - The net loss for the Group was HK$864.9 million, a decrease from a loss of HK$1,802.1 million in 2020, attributed to fair value changes and impairment losses[23]. - Basic loss per share attributable to the owners of the Company was HK$3.0146, compared to HK$6.1828 in 2020[24]. - The increase in finance costs amounted to HK$572.6 million, significantly higher than HK$117.0 million in 2020[23]. - The loss on fair value change of investment properties was HK$34.3 million, compared to HK$194.1 million in 2020, indicating a reduction in losses[23]. - As of December 31, 2021, the Group's net asset value was HK$112.3 million, a significant decrease from HK$950.7 million as of December 31, 2020[104]. - The Group's net current liabilities increased to HK$3,502.7 million from HK$2,248.8 million year-over-year, with the current ratio declining from approximately 0.68 times to 0.58 times[104]. - Total current liabilities rose to approximately HK$8,429.5 million from HK$7,111.3 million, indicating increased financial obligations[104]. - The Group's capitalization ratio was approximately 80.6 times as of December 31, 2021, compared to 8.5 times in the previous year, reflecting a significant increase in leverage[104]. Asset Management - Total assets increased to HK$9,160.1 million as of 31 December 2021, up from HK$9,049.4 million in 2020, while net assets decreased to HK$112.3 million from HK$950.7 million[24]. - The Group's properties under development for sale had a carrying amount of approximately HK$3,592.3 million as of December 31, 2021, compared to HK$3,530.1 million in 2020[121]. - Investment properties had a carrying amount of approximately HK$2,650.0 million as of December 31, 2021, up from HK$2,609.7 million in 2020[121]. - The Group's completed property held for sale had a carrying amount of approximately HK$279.5 million, down from HK$301.0 million in 2020[121]. Project Development - The Group's principal activities include the development and operation of cultural tourist resorts and theme parks, with a focus on the Greater Beijing, Greater Shanghai, and Greater Shenzhen metropolitan areas[41]. - The Hengyang DreamEast Resort development includes "Four Towns and Five Parks," featuring various themed parks and a clay shooting center covering approximately 69,000 square meters[51]. - Construction of the Hengyang DreamEast Resort was suspended due to COVID-19, but is expected to resume in Q2 2022 with new constructors and a gradual launch of pre-sales[56]. - The Group aims to create a new industrial development model integrating industry-city, tourism-city, and ecological integration, positioning Hengyang as a cultural tourism destination[53]. - DreamEast Jiashan is planned to cover approximately 733,000 square meters and will be developed in three phases, with Phase 1 including various attractions and accommodations[59][61]. - Phase 2 of DreamEast Jiashan is included in several major investment plans in Zhejiang Province, which is expected to enhance the local culture and tourism industry significantly[65][67]. - Xiake Island Ecological City covers nearly 3.33 million square meters of natural wetland resources and aims to promote Xu Xiake culture as a tourist destination[69][71]. - The Group successfully bid for land use rights in Xu Xiake Town for RMB474 million (approximately HK$551 million) and established a joint venture for the development of Xiake Island Ecological City[74]. - The Xiak Island Ecological City project achieved remarkable sales performance, with over 2,000 high-rise units sold out and a cumulative transaction amount exceeding RMB 3.1 billion, completing the 2021 sales target four months ahead of schedule[77]. Legal and Financial Obligations - Legal claims against the Group amounted to approximately HK$4,585.8 million as of December 31, 2021, an increase from approximately HK$4,143.9 million in 2020, primarily related to construction contract disputes and defaults on bank borrowings[131][133]. - The Group has provided construction cost liabilities due to litigation amounting to approximately HK$192.1 million as of December 31, 2021, up from HK$117.8 million in 2020[135][138]. - Other outstanding legal claims subject to proceedings totaled approximately HK$3,815.5 million as of December 31, 2021, compared to approximately HK$3,642.5 million in 2020[136][138]. - The Group has made provisions for litigation on other claims amounting to approximately HK$84.9 million as of December 31, 2021, an increase from HK$71.4 million in 2020[136][138]. Strategic Focus and Future Plans - The Company is focusing on reserving sufficient capital for the development of existing and new projects amid business transformation[25]. - The Group plans to accelerate asset reorganization and leverage new technologies such as big data and artificial intelligence to drive growth in the cultural tourism sector[98]. - The government has emphasized support for the tourism industry, which has been heavily impacted by COVID-19, boosting confidence in the sector[97]. - DreamEast aims to develop a cultural and entertainment conglomerate, focusing on leasing, operation, and self-developed IPs to create sustainable returns for shareholders[102]. - The Group is committed to enhancing cultural confidence and connecting Chinese culture with the world through innovative projects[102]. Human Resources - The Group's total staff costs for the year ended December 31, 2021, were approximately HK$20.8 million, a decrease from HK$40.0 million in 2020[124]. - As of December 31, 2021, the Group had approximately 89 employees, a decrease from 165 employees as of December 31, 2020[127][130]. Investor Relations and ESG Commitment - The company emphasizes effective communication with investors and stakeholders to enhance corporate transparency and reduce financial costs[191]. - The investor relations department will continue to improve communication quality and ensure timely updates on the company's information through its website[195]. - DreamEast Group Limited is committed to sustainable development and integrates ESG issues into its core business strategy[199]. - The ESG Report is prepared in accordance with the ESG Reporting Guide from HKEX, ensuring compliance with regulatory standards[200]. - A materiality assessment was conducted to identify key ESG issues for the Reporting Period, confirmed by the Board and the ESG Working Group[200].

Financial Performance - DreamEast Group recorded total revenue of approximately HK$37.1 million for the six months ended 30 June 2021, an increase of approximately HK$25.9 million or 231% compared to HK$11.2 million for the same period in 2020[21]. - The Group reported a net loss of approximately HK$448.4 million for the period under review, compared to a net loss of approximately HK$209.7 million for the same period in 2020[21]. - Gross profit for the period was HK$2,777,000, down from HK$4,360,000 in the previous year, indicating a decrease of 36%[182]. - Loss before tax was HK$451,804,000, compared to a loss of HK$218,033,000 in the prior year, reflecting an increase in loss of 107%[182]. - Total comprehensive loss for the period was HK$436,647,000, compared to HK$205,154,000 in the same period last year, representing an increase of 113%[184]. - Basic and diluted loss per share was HK$(1.5580), compared to HK$(0.7323) for the same period in 2020, indicating a significant increase in loss per share[184]. - Total equity decreased to approximately HK$514.5 million as of June 30, 2021, down from HK$950.7 million on December 31, 2020[1]. Revenue and Sales - The increase in revenue was primarily due to the resumption of property sales following the alleviation of the COVID-19 pandemic[21]. - The Group anticipates resuming pre-sales for the Hengyang DreamEast Resort in the fourth quarter of 2021, with ongoing discussions on marketing strategies and pricing[33]. - The Group plans to accelerate pre-sales of properties, with launches for Hengyang DreamEast Resort and DreamEast Jiashan projects expected in Q3 and Q4 of 2021[2]. Assets and Liabilities - As of June 30, 2021, equity attributable to the owners of the Company amounted to approximately HK$321.2 million, representing a decrease of approximately HK$434.0 million from December 31, 2020[23]. - The Group's total current assets amounted to approximately HK$4,916.0 million, an increase from HK$4,862.5 million as of December 31, 2020[76]. - The Group's total current liabilities as of June 30, 2021, were approximately HK$8,011.0 million, up from HK$7,111.3 million as of December 31, 2020[76]. - Total liabilities as of June 30, 2021, were approximately HK$8,593.9 million, an increase from HK$8,098.8 million on December 31, 2020[1]. - The gearing ratio of the Group increased to approximately 16.7 times as of June 30, 2021, compared to 8.5 times as of December 31, 2020[78]. Legal and Compliance Issues - The Group has received court orders restricting the disposition of assets valued at approximately HK$5,624.4 million as of June 30, 2021[4]. - As of June 30, 2021, the Group's legal claims totaled approximately HK$4,624.0 million, up from HK$4,143.9 million on December 31, 2020[3]. - The Group's outstanding legal claims include approximately HK$863.8 million related to construction contract disputes[3]. - The Group's management believes there are reasonable grounds to defend against the legal claims and does not expect any material adverse effects on its financial position[102]. Development Projects - DreamEast focuses on two core products: tourist resorts and films and animations, with resorts extending around Greater Beijing, Greater Shanghai, and Greater Shenzhen[8]. - Key projects include DreamEast Jiashan, Hengyang DreamEast Resort, and the DreamEast Future World Aerospace Theme Park, which is China's first and the world's second aerospace theme park[8]. - The DreamEast Jiashan project is planned to cover approximately 733,000 square meters and will be developed in three phases, including various family-oriented attractions[38]. - The Hengyang DreamEast Resort is being developed as a cultural and tourism destination, featuring "Four Towns and Five Parks" with a focus on Huxiang Culture[29]. Visitor Engagement and Cultural Impact - The DreamEast Future World has been recognized as a science popularization demonstration base, meeting the needs for aerospace culture education in the Beijing-Tianjin-Hebei region[58]. - During the May Day holiday of 2021, visitor numbers at DreamEast Future World increased by 43.86% compared to the same period before the COVID-19 pandemic, reaching a historical high[62]. - The Summer Partner Program in July 2021 attracted over 20,000 students from 35 cities, with visitor numbers increasing by 24% compared to the same period in 2019[62]. Corporate Governance and Shareholder Information - The company has complied with the Corporate Governance Code during the six months ended June 30, 2021, with certain deviations noted[164]. - The controlling shareholders must maintain an aggregate beneficial ownership of not less than 51% in the issued share capital on a fully-diluted basis[160]. - The company did not declare any interim dividend for the six months ended June 30, 2021, consistent with the previous year[127]. - The investor relations department aims to enhance communication with investors and maintain corporate transparency[129].