Financial Performance - For the year ended December 31, 2020, the Group recorded total revenue of approximately RMB3,225.1 million, representing an increase of approximately 66.1% compared to the previous year[12] - The profit attributable to the owners of the Company for the year was approximately RMB420.5 million, down from RMB482.2 million in 2019, with basic earnings per share at RMB8.27 cents compared to RMB9.70 cents in 2019[12] - The Group's total revenue for the year ended 31 December 2020 was RMB3,225.1 million, a significant increase from RMB1,941.6 million in 2019[97] - The Group's revenue from property sales increased to approximately RMB3,096.8 million for the year ended 31 December 2020, compared to approximately RMB1,787.4 million in 2019, representing a growth of 73.3%[98] - Property sales contributed approximately 96.0% of the total revenue for the year ended 31 December 2020, while property investment accounted for 4.0%[96] Sales and Development - Contracted property sales for the year amounted to approximately RMB4,466.8 million, with a contracted gross floor area of approximately 418,359 square meters, reflecting an increase of 40.8% in contracted sales and 31.9% in contracted GFA compared to 2019[12] - The average selling price for contracted sales was RMB10,360 per sq.m, with the total contracted sales amount attributable to the Group being RMB3,826.2 million[29] - The increase in contracted sales was mainly driven by new projects launched for pre-sales after March 2020[25] - As of 31 December 2020, the Group had 18 property projects under development in various cities in China, including Shanghai, Fuzhou, and Xian[25] - The total saleable GFA delivered/pre-sold amounted to 1,764,688 sq.m, with 1,302,975 sq.m available for sale and 105,386 sq.m under development[38] Investment and Acquisitions - The Group acquired a 51% equity interest in Baoji Xingyaocheng Real Estate Development Company Limited for a consideration of RMB143,784,300, which will enhance its land holdings in Baoji City, Shaanxi Province[86] - The Group acquired a 51% interest in Hanzhongxu Sandi Real Estate Development Co., Ltd for a cash consideration of RMB5,100,000 on September 27, 2020[141] - The significant acquisition completed in January 2019 has provided a solid foundation for the Group's strategic direction and future growth[14] - The Group plans to continue diversifying land acquisition channels and exploring opportunities in the property investment sector to achieve sustainable growth in the coming years[91] Property Management and Rental Income - The Group recognized rental income and property management income of approximately RMB128.3 million for the year ended December 31, 2020, compared to RMB 125.3 million in 2019[78] - The investment properties include hotels, kindergartens, and commercial premises, providing a stable income stream to the Group[78] - The major investment properties held by the Group include Sandi Furniture Plaza with a GFA of 113,252 sq.m and various commercial/hotel properties in Shaanxi and Fujian provinces[83] Financial Position and Liabilities - As of December 31, 2020, the Group's bank and other borrowings amounted to approximately RMB8,429.9 million, an increase from approximately RMB4,229.9 million as of December 31, 2019[130] - The Group's net current assets as of December 31, 2020, were approximately RMB3,178.6 million, compared to approximately RMB1,052.7 million as of December 31, 2019[133] - The gearing ratio for the Group was approximately 181.2% as of December 31, 2020, compared to approximately 114.7% as of December 31, 2019[130] - The total liabilities to total assets ratio was approximately 81.9% as of December 31, 2020, compared to approximately 80.3% as of December 31, 2019[130] Corporate Governance - The Board is committed to complying with the Corporate Governance Code, with a focus on effective management and transparency[163] - The roles of the chairman and CEO are currently held by the same individual, with plans to review this structure in the future[163] - The Group's corporate governance practices are under continuous review to ensure compliance with Listing Rules[168] - The Audit Committee comprises 3 independent non-executive Directors, responsible for reviewing financial information and the relationship with external auditors[181] Employee and Operational Metrics - As of December 31, 2020, the Group employed a total of 702 employees, a decrease from 795 employees in 2019, with total remuneration amounting to approximately RMB 144.9 million, up from RMB 87.8 million in 2019[157] - The Group's selling and distribution expenses increased by approximately RMB91.3 million to RMB195.8 million for the year ended December 31, 2020, up from RMB104.5 million in 2019[112] - Administrative expenses rose by approximately RMB70.1 million to RMB213.6 million for the year ended December 31, 2020, compared to RMB143.5 million in 2019[119]

HARRAHIA 2020 Interim Report 中期報告 CHINA SANDI HOLDINGS LIMITED 中 國 三 迪 控 股 有 限 公 司 (Incorporated in Bermuda with limited liability) ( 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ) Stock code 股份代號：910 CONTENTS 目 錄 | --- | --- | |------------------------------------------------------------------------------------|-------------------------------| | | | | CORPORATE INFORMATION | 公司資料 | | CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME | 簡明綜合損益及 其他全面收益表 | | CONDENSED CONSOLIDATED STATEMENT OF FIN ...

SANDI CHINA SANDI HOLDINGS LIMITED 中 國 三 迪 控 股 有 限 公 司 (Incorporated in Bermuda with limited liability) ( 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ) Stock code 股份代號：910 2019 Environmental, Social and Governance Report 環境,社會及 管治報告 Environmental, Social and Governance Report 環 境、社 會 及 管 治 報 告 CONTENTS 目錄 | --- | --- | --- | --- | |-------|-----------------------------------------------------------|-------|----------------------| | | 1. SCOPE 1. | | 範圍 | | | 2. COMMUNICATION WITH STAKEHOLDERS 2. | | 與持份者溝通 | | | 3. ENVIRONME ...

CHINA SANDI HOLDINGS LIMITED 中國三迪控股有限公 司 Interim Report 2019 中期報告 CHINA SANDI HOLDINGS LIMITED 中國三迪控股有限公司 (Incorporated in Bermuda with limited liability) ( 於百慕達註冊成立之有限公 司 ) Stock code 股份代 號︰ 910 2019 Interim Report 中期報告 Contents 目 錄 | --- | --- | --- | |------------------------------------------------------------------------------------|-----------------------------------|-------| | | | | | CORPORATE INFORMATION | 公司資料 | 2 | | CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOM ...

Environmental Impact - The Group's air pollutants from fuel consumption during the nine months ended 31 December 2018 included nitrogen oxides (NOx) at 130 kg, sulphur oxides (SOx) at 4 kg, and particulate matter (PM) at 13 kg[14]. - The Group is committed to reducing its environmental impact and has implemented measures to address emission reduction, aligning with its vision of sustainable development[10]. - The Group's GHG emissions for the nine months ended December 31, 2018, totaled 8,377 tonnes, with an intensity of 61 tonnes per employee[22]. - The GHG emissions for the year ended March 31, 2018, were 10,056 tonnes, with an intensity of 120 tonnes per employee[22]. - The Group actively reduces business trips to lower GHG emissions, utilizing alternative communication methods such as phone and video conferencing[21]. - The Group prioritizes procurement from local suppliers to minimize transportation emissions, provided they meet the same commercial conditions as other suppliers[21]. - The Group has implemented regular waste collection procedures, recycling used paper, glass, and aluminum cans, with no significant hazardous waste produced during the reporting period[28]. - The Group encourages energy conservation among employees, including shutting off unused equipment and promoting energy-saving habits[28]. - The Group aims to minimize environmental impact by saving electricity and water, and encouraging the recycling of office supplies[28]. - The Group has not identified any violations of environmental laws or received complaints during the reporting period[28]. - The calculation of GHG emissions is based on the "Corporate Accounting and Reporting Standard" from the greenhouse gas protocol[23]. - The Group will continue to optimize and improve the disclosure of key performance indicators related to GHG emissions[23]. - The Group implemented energy-saving measures that resulted in approximately 5% reduction in energy consumption through the use of energy-saving lighting[33]. - The Group has installed sensor water-saving devices in restrooms to ensure efficient water use and prevent wastage[33]. - The Group promotes green procurement policies, prioritizing suppliers that use environmentally friendly materials[45]. - The Group encourages a paperless office by promoting electronic documentation to reduce paper consumption[33]. - The Group has not encountered any issues sourcing water fit for purpose and actively promotes water conservation[33]. - The Group's direct energy consumption for the nine months ended December 31, 2018, was 10,579,000 kWh[40]. - The Group strictly complies with relevant environmental laws and regulations, with no violations reported during the reporting period[43]. Employee Welfare and Training - The Company emphasizes equal recruitment and promotion policies, as well as employee safety training to enhance workplace standards[12]. - As of December 31, 2018, the total number of employees was 137, with a turnover rate of 9% for males and 58% for females[57]. - The gender distribution of employees as of December 31, 2018, was 59% male and 41% female[61]. - The age group distribution of employees as of December 31, 2018, was 11% aged 18-24, 48% aged 25-34, 28% aged 35-44, 10% aged 45-54, and 3% aged 55 or above[63]. - The Group ensures that employees receive reasonable remuneration based on their working competence, with wages not affected by gender[54]. - The Group adheres to local employment regulations, paying employees no less than the local minimum wage and providing paid holidays as per legal requirements[54]. - The Group has implemented a five-day work week to promote a balance between work, health, and social activities for employees[53]. - During the reporting period, no irregularities or complaints regarding discrimination or recruitment were identified[56]. - The Group offers comprehensive medical, life, and travel insurance coverage, as well as educational and training sponsorship for employees[54]. - The Group has a retirement policy in place, processing applications according to national laws, with retired employees entitled to retirement allowances[54]. - The total number of employees trained during the reporting period was 95, an increase from 69 in the year ended March 31, 2018[104]. - The total number of training hours completed by all employees was 1,032 hours, significantly down from 5,568 hours in the year ended March 31, 2018[104]. - The average number of training hours completed by each employee was approximately 10.9 hours, compared to 80.7 hours in the previous year[104]. - The Group has established a procedure for managing employee training, including the development of training plans and evaluation of training effectiveness[81]. - The Group organizes annual company-wide training on fire safety and hazardous chemicals[81]. - There were no violations of occupational health and safety laws during the reporting period, and no work-related fatalities were reported[81]. - The training methods include internal classroom training, coaching by veteran workers, and external training sessions[81]. - Employees in special positions must achieve relevant certifications or pass professional assessments before being onboarded[81]. - The Group evaluates training implementation and forecasts training needs in response to operational changes[82]. - The training plan is developed annually to promote employees' career development and the sustainable development of the Group's business[82]. - The Group strictly prohibits child labour and only employs individuals aged 18 or above, with no violations reported during the reporting period[107]. - The Group conducts annual child labour inspections and has measures in place to prevent forced labour, ensuring voluntary overtime applications[107]. Governance and Compliance - The reporting period for the Environmental, Social and Governance Report is from 1 April 2018 to 31 December 2018[6]. - The Board of Directors is responsible for the Company's ESG strategy and reporting, ensuring the accuracy and integrity of the information provided[6]. - The Group has complied with the ESG Reporting Guide and the "comply or explain" provisions set out in the relevant regulations[6]. - The Company has established a customer data protection policy to ensure the security of stakeholder information[12]. - Suppliers are required to adhere to the Group's Supplier Code, with on-site audits and document reviews conducted to ensure compliance[109]. - The Group implements strict quality management controls and did not receive any material complaints during the reporting period[111]. - Customer personal information is maintained securely, with access restricted to authorized personnel only, and no violations of privacy regulations were found[116]. - The Group engages independent third-party auditors to ensure financial account accuracy and strengthen internal financial controls[116]. - There were no reported violations of anti-corruption laws during the reporting period[116]. - The Group actively participates in community investment, including sponsoring educational activities for charitable organizations[116].

Financial Performance - For the nine months ended December 31, 2018, the Group recorded total revenue of approximately HK$149.8 million, representing a decrease of approximately 79% compared to the year ended March 31, 2018[9]. - The loss attributable to the owners of the Company for the nine months ended December 31, 2018, amounted to HK$81.0 million, compared to a profit of HK$156.3 million in the previous year[9]. - Basic loss per share was HK1.82 cents, compared to basic earnings per share of HK3.60 cents for the year ended March 31, 2018[9]. - Revenue from sales of properties dropped to approximately HK$45.6 million for the nine months ended December 31, 2018, compared to approximately HK$594.3 million for the year ended March 31, 2018[106]. - Rental income and property management and related fee income accounted for approximately 69.6% of the total revenue for the nine months ended December 31, 2018[102]. - The Group recognized a net fair value loss of approximately HK$1.1 million on investment properties for the nine months ended December 31, 2018, compared to a net fair value gain of approximately HK$2.8 million for the previous year[115][120]. - The Group recorded a net unrealized fair value loss of approximately HK$56.7 million on investments held for trading during the nine months ended December 31, 2018, compared to a net unrealized fair value gain of approximately HK$21.0 million for the previous year[132][134]. Property Development and Sales - Contracted sales for the nine months ended December 31, 2018, reached approximately HK$916.6 million, with a total gross floor area of approximately 64,432 square meters[9]. - The average price of contracted sales was HK$14,226 per square meter, based on sales revenue before the deduction of applicable taxes[37]. - The Group's property development projects include residential and commercial properties located in Fuzhou, Wuyishan, and Xian, with significant contributions from various phases of development[41]. - Fuzhou Sandi Chuangfu Plaza's Zone A has a total GFA of 22,403 sq.m sold as of December 31, 2018, while Zone B is expected to be completed in 2019[49]. - Wuyishan Sandi New Times Square has a total site area of 168,669 sq.m, with contracted sales of approximately HK$206.6 million recorded during the nine months ended December 31, 2018[53]. - Qujiang Xiangsong Fengdan in Xian City occupies a site area of approximately 124,304 sq.m, with development divided into three phases, primarily consisting of high-rise apartments[53]. - The Group's total GFA of properties delivered during the period decreased, contributing to the overall decline in revenue and costs associated with property sales[114][119]. Acquisitions and Investments - On September 21, 2018, the Group entered into an agreement to acquire All Excel Industries Limited, which holds properties with a total gross floor area of approximately 1,378,750 sq.m.[16]. - The acquisition is expected to enhance the scope of property development projects and diversify the Group's business into different regions in the PRC[17]. - The company has completed the acquisition of All Excel Industries Limited for a total consideration of HK$1,500 million, with HK$200 million paid in cash, HK$600 million through a promissory note, HK$200 million via consideration shares, and HK$500 million through convertible bonds[78]. - The Group entered a cooperation agreement to invest RMB6.2 million and US$30 million (equivalent to RMB201 million) in Xi'an Zhichengda Real Estate Company, acquiring a 37% interest[68][70]. - The total site area for the Xi'an project is approximately 182,646 sq.m, with a total construction gross floor area of approximately 625,630 sq.m planned for residential and commercial uses[69][71]. Financial Position and Ratios - As of December 31, 2018, the Group's bank borrowings amounted to approximately HK$736.6 million, a decrease from approximately HK$1,230.1 million as of March 31, 2018[137]. - The Group's cash and cash equivalents were approximately HK$149.1 million as of December 31, 2018, down from approximately HK$201.6 million as of March 31, 2018[138]. - The gearing ratio for the Group was approximately 19.0% as of December 31, 2018, compared to approximately 30.2% as of March 31, 2018[142]. - The debt ratio was approximately 59.3% as of December 31, 2018, up from approximately 52.5% as of March 31, 2018[142]. - The Group's total equity was approximately HK$3,144.9 million as of December 31, 2018, down from approximately HK$3,436.1 million as of March 31, 2018[142]. Corporate Governance - The Company complied with the Corporate Governance Code except for deviations from specific provisions, including the roles of the chairman and CEO not being segregated[180]. - The Group's corporate governance practices emphasize effective board management, sound internal controls, and accountability to shareholders[180]. - The Board consists of 8 Directors, including 3 executive Directors, 1 non-executive Director, and 4 independent non-executive Directors, complying with the Listing Rules[192]. - The company has established 3 Board committees: the Audit Committee, the Nomination Committee, and the Remuneration Committee, each with specific roles and responsibilities[199]. - The company has taken sufficient measures to ensure corporate governance standards are met, despite deviations from certain code provisions[188]. Employee and Compensation - The total remuneration paid to employees for the nine months ended December 31, 2018, was approximately HK$16.0 million, compared to approximately HK$17.1 million for the year ended March 31, 2018[172]. - The Group employed approximately 137 employees as of December 31, 2018, an increase from 84 employees as of March 31, 2018[172]. - The company has provided competitive compensation packages and additional benefits, including mandatory provident fund contributions and group medical insurance[174].