Revenue and Profitability - The Group's revenue for the period amounted to approximately RMB43,373,000, a significant increase from RMB199,000 in the corresponding period of 2020, primarily due to increased revenue from infrastructure construction and property development in the PRC[7]. - Profit before tax from continuing operations was RMB6,619,000, representing a 366.04% increase compared to a loss of RMB2,488,000 in the corresponding period of 2020[8]. - Earnings per Share was approximately RMB0.0064, compared to a basic loss per Share of RMB0.0016 in the corresponding period of 2020[8]. - The substantial increase in revenue is attributed to the Group's effective management of construction projects and property development[7]. - The Group's financial performance reflects a recovery trajectory following the challenges posed by the pandemic[8]. - Total revenue for the six months ended June 30, 2021, was RMB 43,373,000, compared to RMB 199,000 in the same period of 2020, representing a significant increase[88]. - Gross profit for the same period was RMB 271,000, up from RMB 199,000 in 2020, indicating a positive growth trend[88]. - Profit before tax reached RMB 6,619,000, a substantial recovery from a loss of RMB 2,488,000 in the previous year[88]. - Profit attributable to owners of the Company from continuing operations was RMB 6,805,000, compared to a loss of RMB 2,488,000 in 2020[90]. - Total comprehensive income for the period was RMB 9,094,000, compared to a loss of RMB 1,092,000 in 2020, reflecting improved financial health[92]. Assets and Liabilities - The Group's total assets as of June 30, 2021, amounted to RMB 840,240,000, representing a decrease of 6.45% from RMB 898,130,000 as of December 31, 2020[28]. - The Group's net current assets as of June 30, 2021, were approximately RMB 188,919,000, up from RMB 171,005,000 in 2020[32]. - The Group's non-current assets as of June 30, 2021, were RMB 501,648,000, down from RMB 513,724,000 as of December 31, 2020[28]. - The Group's current liabilities as of June 30, 2021, were RMB 149,673,000, a decrease from RMB 213,401,000 as of December 31, 2020[28]. - As of June 30, 2021, the Group had a current ratio of 2.26 times, up from 1.8 times in 2020, and a gearing ratio of 0.18 times, down from 0.24 times in 2020[33][36]. - The Group's net current assets were approximately RMB 188,919,000 as of June 30, 2021, compared to RMB 171,005,000 in 2020, with cash and cash equivalents amounting to RMB 6,645,000, up from RMB 2,343,000 in 2020[36]. Investments and Acquisitions - The Group entered into a property acquisition agreement for a commercial property in Beijing for a total consideration of RMB 152,800,000, with a construction area of 2,800 sq.m.[34][37]. - The Group conditionally agreed to acquire properties in Hebei Province for RMB 110,000,000, comprising 11 shop units with a total gross floor area of approximately 3,168 sq.m.[44][47]. - A sale and purchase agreement was entered into for the acquisition of 78% equity interest in San He Jing Jiao for RMB 321,000,000, which is involved in a large-scale residential development project[52][54]. - The acquisition of 60% equity interest in Shennongjia Hotel was completed on 15 March 2021 for a total consideration of RMB 35,000,000[61]. - The Shennongjia Hotel holds land use rights for approximately 35,506 sq.m. of land in Hubei Province, designated for commercial hotel service use[60]. - The Group has started construction on the Shennongjia Hotel, which will take several years to complete[24]. - The Group acquired investment properties worth approximately RMB110,000,000 through the acquisition of subsidiaries, down from approximately RMB138,328,000 in the same period of 2020[164]. Disposals and Strategic Focus - The disposal of 100% equity interest in Shen Wu Investment was completed for a consideration of RMB 5,000,000 on 31 December 2020[63]. - The completion of the acquisition and disposal transactions reflects the company's strategic focus on optimizing its asset portfolio[59]. - Shenzhen Tong He completed the disposal of 90% equity interest in Guangdong Xinmao for a consideration of RMB 9,990,000 on February 2, 2021[74]. - Shenzhen Juxi sold 90% equity interest in Chaozhou Jiafu for RMB 16,308,000, with the transaction completed on April 27, 2021[74]. - The Group's assignment of shareholder's loan during the disposal of Chaozhou Jiafu was RMB 22,365,000[195]. - The total gain on disposal of Guangdong Xinmao was RMB 549,000, while the gain on disposal of Chaozhou Jiafu was RMB 11,832,000[195]. - The Group's credit business is treated as a discontinued operation following the sale of Shenzhen Shen Wu Group, which was completed on June 2, 2021[169]. Employment and Compensation - As of June 30, 2021, the Group employed 42 employees, with total emoluments amounting to approximately RMB 2,522,000, an increase from RMB 2,157,000 in the corresponding period of 2020[80]. Financial Management and Compliance - The Group has prepared the condensed consolidated financial statements in accordance with HKAS 34 and applicable disclosure requirements, ensuring compliance with Hong Kong accounting standards[1]. - The financial statements are based on historical cost, except for certain investment properties and financial instruments measured at fair value[1]. - The Group has early applied the Amendment to HKFRS 16 regarding Covid-19-related rent concessions, which had no material impact on financial positions and performance[119]. - The Group's accounting policies for the six months ended June 30, 2021, remain consistent with those presented in the annual financial statements for the year ended December 31, 2020[1]. - The statutory surplus reserve is required to be set aside at 10% of profit after taxation until it reaches 50% of paid-up capital, which is a regulatory compliance measure[109]. Currency and Exchange - The Group recorded an exchange profit of approximately RMB 1,193,000 due to the appreciation of the Hong Kong Dollar against RMB, compared to a loss of RMB 247,000 in the corresponding period of 2020[83]. - The management will consider hedging significant currency risks in the future as needed[83].

Financial Performance - The company reported consolidated results for the year ended December 31, 2020, amidst significant challenges due to the global Covid-19 pandemic and economic recession[8]. - The financial performance for 2020 reflects the impact of the pandemic, with specific figures to be detailed in the financial statements[10]. - The Group's revenue for the 2020 Financial Year amounted to RMB7,008,000, representing a significant decrease of approximately 68.18% compared to RMB22,023,000 in the 2019 Corresponding Period[28]. - Revenue from the credit business decreased by 100% in the 2020 Financial Year, with no revenue recorded compared to RMB4,537,000 in the 2019 Corresponding Period[45]. - Loss before tax for the Group amounted to RMB37,882,000 in the 2020 Financial Year, an improvement from a loss of RMB90,621,000 in the 2019 Corresponding Period[30]. - The Group recorded revenue of RMB7,008,000 for the 2020 Financial Year, a significant decrease of approximately 68.18% compared to RMB22,023,000 in the 2019 Corresponding Period[32]. - The Group assessed an impairment loss on property, plant, and equipment of approximately RMB36,380,000 during the 2020 Financial Year[36]. - Basic and diluted loss per share attributable to owners of the Company was approximately RMB2.70 cents, a decrease of approximately 55.45% compared to RMB6.06 cents in the 2019 Corresponding Period[40]. - The Group recorded an exchange gain of RMB1,993,000 for the 2020 Financial Year due to the appreciation of the Hong Kong Dollar against the RMB[99]. - The total capital commitments of the Group amounted to RMB28,273,000 as of 31 December 2020, a decrease from RMB243,638,000 in 2019[99]. Strategic Focus and Future Plans - The Group aimed for steady development despite the adverse environment, focusing on progress in stability[9]. - Future strategies will likely include a focus on stability and gradual growth in response to market conditions[9]. - The management discussed the importance of adapting to the changing economic landscape and the need for innovative solutions[9]. - The company plans to enhance its operational efficiency and explore new market opportunities as part of its growth strategy[9]. - The Group plans to continue seeking potential property investment opportunities and accelerate the construction and operation of existing properties to achieve profitability as soon as possible[18]. - The Group aims to enhance its overall comprehensive capabilities while coping with challenges posed by the Covid-19 pandemic and the changing political and economic landscape[24]. - The Group plans to focus on existing infrastructure projects while exploring new opportunities to enhance profitability[52]. - The Group will continue to explore different investment opportunities to enhance market competitiveness[54]. - The Group aims to push forward existing infrastructure projects while identifying other potential infrastructure projects[54]. Corporate Governance and Management - There is an emphasis on the importance of corporate governance and transparency in navigating the challenges ahead[10]. - The Group's resilience and commitment to its stakeholders were highlighted as key factors for future success[9]. - The Supervisory Committee confirmed that the consolidated financial statements for the year ended December 31, 2020, audited by Asian Alliance (HK) CPA Company Limited, accurately reflected the Group's operating results and financial position[145]. - The Supervisory Committee reported that related party transactions were fair and reasonable, without infringing upon the interests of the Company and its Shareholders[145]. - The Company’s management has diligently followed principles of trustworthiness and has not abused their powers, ensuring the best interests of the Company[143]. - The Company has a strong focus on maintaining the interests of Shareholders while adhering to the principles of trustworthiness in its operations[144]. - The Company has complied with the applicable code of provisions of the CG Code throughout the 2020 Financial Year, with a focus on corporate governance practices[194]. - The Board consists of 8 Directors responsible for corporate strategy and risk management, ensuring a balanced composition with relevant expertise[194]. - The Company has three independent non-executive Directors with sufficient experience and qualifications, ensuring independence from management[194]. Acquisitions and Investments - The Group acquired a 60% equity interest in Shennongjia Hotel during the 2020 Financial Year, planning to build a high-end hotel with a construction area of approximately 48,000 square meters, expected to start operations in 2024[17]. - The Group completed the acquisition of 125 properties in Fangshan, Beijing, and is actively identifying potential property investment projects[46]. - The acquisition of 60% equity interest in Shennongjia Hotel was completed for a total consideration of RMB35,000,000, including the shareholder's loan[74]. - The acquisition of 95% equity interest in 8 PRC companies was completed for a total consideration of RMB71,000,000, with RMB47,000,000 paid to the seller and RMB24,000,000 paid to creditors[70]. - Shenzhen Shenhe conditionally agreed to purchase 78% equity interest of San He Jing Jiao for RMB321,000,000, which is involved in a large-scale residential development project covering approximately 300,243.3 sq.m[65]. - The acquisition of properties from San He Jing Jiao was completed on 16 March 2021[68]. Financial Position and Assets - As of December 31, 2020, the Group's total assets amounted to RMB898,130,000, representing a decrease of 9.86% from RMB996,411,000 in 2019[56]. - The Group's net current assets as of December 31, 2020, were approximately RMB171,005,000, down from RMB356,450,000 in 2019[56]. - The current ratio of the Group was 1.8 times as of December 31, 2020, compared to 2.89 times in 2019[56]. - The gearing ratio was 0.24 times as of December 31, 2020, compared to 0.19 times in 2019[56]. - The Group reported no distributable reserves as of December 31, 2020, consistent with 2019 figures[153]. - The Board does not recommend any dividend payment for the year ended December 31, 2020[151]. Employment and Compensation - The aggregate salaries and emoluments for the 2020 Financial Year were RMB4,486,000, slightly down from RMB4,497,000 in 2019[96]. - The Group employed a total of 45 employees as of 31 December 2020, maintaining the same number as in 2019[96]. - The Group's employment policies ensure reasonable remuneration for all staff, with regular reviews of benefits[186]. Environmental and Social Responsibility - The Group emphasizes environmental protection as critical for long-term development, focusing on waste minimization and efficiency maximization[181]. - The Group maintains a good relationship with customers and suppliers, regularly reviewing customer requirements and supplier performance[182]. Related Party Transactions - There were no related party transactions that constituted connected transactions as defined in the Listing Rules during the 2020 Financial Year[178].

SHENYANG UTILITY PANY LIMITED PUBLIC HOLDINGS COM 瀋陽公用發展股份有限公司 Stock Code (a joint stock limited company incorporated in the People (在中華人民共和國註冊成立之股份有限公司) 's Republic of China) 股份代號 : 747 INTERIM REPORT 2020 中期報告 Contents 目錄 Corporate Information 2 公司資料 Management Discussion and Analysis 4 管理層討論與分析 Interim Financial Information 中期財務資料 Condensed Consolidated Statement of Profit or Loss 14 簡明綜合損益表 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 15 簡明綜合損益及其他全面收益表 Condensed Cons ...

SHENYANG PUBLIC UTILITY HOLDINGS COMPANY LIMITED 瀋陽公用發展股份有限公司 (a joint stock limited company incorporated in the People's Republic of China) (在中華人民共和國註冊成立之股份有限公司) Stock Code 股份代號 : 747 anny L New ANNUAL REPORT 2019年度 報告 Contents 目錄 2 Corporate Information 公司資料 4 Chairman's Statement 主席報告 7 Management Discussion and Analysis 管理層討論與分析 19 Profiles of Directors, Supervisors and Senior Management 董事、監事及高級管理層介紹 26 Report of the Supervisory Committee 監事會報告 28 Report of the Directors 董事會報告 37 Corporate Governance R ...

PUBLIC HOLDINGS COMPANY LIMITED 瀋陽公用發展股份有限公司 (a joint stock limited company incorporated in the People's Republic of China) (在中莘人民共和國註冊成立之股份有限公司) Stock Code 股份代號 : 747 2019 Interim Report 中期報告 Contents 目錄 | --- | --- | |-------|--------------------------------------------------------------------------------| | | | | 2 | Corporate Information 公司資料 | | 4 | Management Discussion and Analysis 管理層討論與分析 | | | Interim Financial Information 中期財務資料 | | 14 | Condensed Consolidated Statement of Profit or Loss 簡明綜合損益表 ...

SHENYANG PUBLIC UTILITY HOLDINGS COMPANY LIMITED 瀋陽公用發展股份有限公司 Stock Code 股份代號 : 747 ANNUAL REPORT 2018 | --- | --- | --- | |-------|--------------------------------------------------------------------------------------------------|-------| | | Contents 目錄 | | | | | | | 2 | Corporate Information 公司資料 | | | 4 | Chairman's Statement 主席報告 | | | 7 | Management Discussion and Analysis 管理層討論與分析 | | | 18 | Profiles of Directors, Supervisors and Senior Management 董事、監事及高級管理層介紹 | | | 25 | Report of the Supervisory Co ...