Sales Performance - Total contracted sales amount reached RMB 2,276,967,000, with a contracted sales area of 209,343 sq.m. and an average selling price of RMB 10,587 per sq.m.[11] - The group's attributable contracted sales amounted to RMB 2,029,392,000, covering an area of 174,037 sq.m.[12] - The highest contracted sales were from the Sandi Manhattan project in Shanghai, totaling RMB 517,853,000, with a sales area of 14,955 sq.m. and an average price of RMB 33,527 per sq.m., representing 22.7% of total contracted sales[22] - The Sandi Yasong Meizhu project in Zhejiang Province achieved contracted sales of RMB 382,301,000, with a sales area of 25,747 sq.m. and an average price of RMB 14,545 per sq.m., accounting for 16.8% of total contracted sales[22] - The Sandi Bahe Yihao project in Shaanxi Province recorded contracted sales of RMB 234,220,000, with a sales area of 13,682 sq.m. and an average price of RMB 17,119 per sq.m., contributing 10.3% to total contracted sales[22] - The company reported a significant portion of its sales from residential projects, with a total of RMB 1,830,000,000 attributed to residential developments[11] - Contracted sales amounted to approximately RMB2,277.0 million, representing a decrease of approximately 58.4% compared to RMB5,473.7 million for the year ended 31 December 2021[48] - The Group achieved contracted property sales of approximately RMB2,277.0 million, representing a decrease of approximately 58.4% compared to the previous year[50] Financial Performance - The Group recorded total revenue of approximately RMB3,449.0 million for the year ended 31 December 2022, representing an increase of approximately 17.8% compared to RMB2,927.6 million for the year ended 31 December 2021[48] - Gross profit for the reporting period was approximately RMB957.0 million, reflecting an increase of approximately 17.5% from RMB814.5 million in the previous year[48] - Profit attributable to the owners of the Company decreased to approximately RMB42.1 million, down approximately 75.2% from RMB169.7 million for the year ended 31 December 2021[48] - Basic earnings per share were RMB0.83 cents, a significant decrease from RMB3.34 cents in 2021[48] - The total comprehensive income attributable to owners of the Company was RMB 48,379,000 in 2022, compared to RMB 163,011,000 in 2021, indicating a significant decrease[88] - The Group's total liabilities decreased to RMB 12,409,018,000 in 2022 from RMB 14,248,095,000 in 2021, a reduction of approximately 12.9%[90] - The Group recognized a net fair value loss of approximately RMB 7,100,000 on investment properties in 2022, compared to a net gain of RMB 9,500,000 in 2021[97] - Revenue from property investment, including rental income, was approximately RMB 152,400,000 for the reporting period, down from RMB 159,900,000 in 2021[97] - The Group's revenue from property sales increased to approximately RMB3,296.6 million for the reporting period, up from approximately RMB2,767.7 million in 2021, representing a growth of about 19.1%[119] Market Outlook and Strategy - The company plans to continue expanding its market presence through new residential and commercial projects in key provinces[19] - Future outlook includes a focus on enhancing product offerings and exploring potential mergers and acquisitions to drive growth[19] - The management anticipates that local governments will continue to introduce policies to support real estate development in 2023, aiming for a virtuous cycle in the industry[39] - The outlook for 2023 suggests a potential recovery in the real estate market, driven by state policies providing financing support to real estate companies and credit support to individual home buyers[113] - The Group plans to adjust its marketing strategies to promote sales returns and enhance product and service strength to achieve steady development[114] Investment Properties - The investment properties amounted to RMB10,734,280,000, representing 41% of the Group's total assets as of 31 December 2022[60] - The Group primarily focuses on the development of residential properties, including apartments, offices, retail shops, and villas[50] - The Group's investment properties include hotels, kindergartens, commercial, and office premises, generating a stable income stream[182][183] - The total GFA of the Group's investment properties under construction includes significant projects in Fujian and Zhejiang provinces[168][180] - The Group's investment properties are primarily located in the PRC, contributing to its overall revenue stability[182][183] Corporate Governance - The company emphasizes effective corporate governance principles, including a sound internal control system and transparency to safeguard shareholder interests[200] - The roles of the chairman and the chief executive officer are currently not segregated, with the chairman overseeing corporate strategic planning[200] - The board believes the current management structure is stable and effective, but will review the separation of roles as necessary in the future[200] - The company has applied the principles of the Corporate Governance Code to its governance structure and practices[200] - Sound corporate governance practices are deemed essential for the sustainable growth of the company and the overall interests of shareholders[200]

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告之內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示概不會就因本公告全部或任何部分內 容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CHINA SANDI HOLDINGS LIMITED 中 國 三 迪 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：910） 截至二零二二年十二月三十一日止年度 全年業績公告 中國三迪控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董事」）會（「董 事會」）謹此公佈本公司截至二零二二年十二月三十一日止年度（「報告期」或「本年度」）之 經審核綜合末期業績，連同截至二零二一年十二月三十一日止年度之比較數字。 ...

Financial Performance - Total revenue for the six months ended June 30, 2022, was RMB 539,321,000, a decrease of 72.0% compared to RMB 1,927,062,000 in the same period of 2021[13]. - Gross profit for the period was RMB 199,893,000, down 63.4% from RMB 545,395,000 in the previous year[13]. - Profit for the period was RMB 107,242,000, representing a decline of 57.5% compared to RMB 252,084,000 in 2021[13]. - Earnings per share for the period were 2.36 RMB cents, down from 4.11 RMB cents in the same period last year[17]. - Total comprehensive income for the period was RMB 113,937,000, a decrease of 56.2% from RMB 260,031,000 in 2021[17]. - The company reported a profit before tax of RMB 128,178,000 for the six months ended June 30, 2022[129]. - The profit before tax for the six months ended June 30, 2022, was RMB 49,436, a decrease from RMB 84,427 for the same period in 2021, reflecting a decline of approximately 41.4%[165]. - The company reported a profit for the period of RMB 208,880, compared to RMB 216,827 in the previous period, reflecting a decrease of about 3.9%[99]. - The company’s total comprehensive income for the period was RMB 260,081, down from RMB 268,204, indicating a decrease of approximately 3%[99]. Revenue Breakdown - For the six months ended June 30, 2022, total revenue from goods and services was RMB 539,321,000, with property development contributing RMB 461,548,000 and property investment contributing RMB 77,773,000[118]. - The revenue from contracts with customers for the six months ended June 30, 2022, was RMB 469,340,000, which includes rental income of RMB 69,981,000[121]. - For the six months ended June 30, 2021, total revenue was RMB 1,927,062,000, with property development contributing RMB 1,857,001,000 and property investment contributing RMB 70,061,000[124]. - The external sales for property development were RMB 461,548,000, and for property investment, they were RMB 77,773,000, resulting in a total external sales figure of RMB 539,321,000[129]. Expenses and Costs - The company incurred selling and marketing expenses of RMB 93,697,000, which is a significant increase compared to RMB 41,514,000 in the previous year[13]. - The total finance costs for the period were RMB 39,740,000[129]. - The cost of inventories recognized as an expense for the six months ended June 30, 2022, was RMB 321,708, significantly lower than RMB 1,380,183 in 2021, showing a decrease of approximately 76.7%[165]. - Interest paid for the period was RMB (316,277,000), compared to RMB (354,617,000) in the same period of 2021, showing a decrease of 10.8%[109]. Assets and Liabilities - As of June 30, 2022, total current assets increased to RMB 19,484,750, up from RMB 19,305,479 as of December 31, 2021, reflecting a growth of approximately 0.93%[19]. - Net current assets decreased to RMB 3,149,868 from RMB 3,564,876, indicating a decline of about 11.6%[22]. - Total equity attributable to owners of the Company rose to RMB 4,962,574, compared to RMB 4,836,052 at the end of 2021, marking an increase of approximately 2.6%[22]. - Total assets less current liabilities decreased to RMB 13,880,724 from RMB 14,248,095, a reduction of about 2.58%[22]. - Non-current liabilities, including bank and other borrowings, amounted to RMB 8,661,126, down from RMB 9,142,434, representing a decrease of approximately 5.25%[22]. - The consolidated liabilities as of June 30, 2022, were RMB 24,996,008, compared to RMB 24,883,037 as of December 31, 2021, indicating an increase of about 0.45%[152]. Cash Flow - For the six months ended June 30, 2022, the net cash from operating activities was RMB 545,751,000, a significant increase from RMB 150,319,000 in the same period of 2021[107]. - The company reported a net cash inflow from investing activities of RMB 313,010,000, a recovery from a net cash outflow of RMB 910,107,000 in the prior year[107]. - For the six months ended June 30, 2022, net cash used in financing activities was RMB (1,013,293,000), compared to RMB 297,942,000 in the same period of 2021, indicating a significant decrease in cash flow from financing[109]. - Cash and cash equivalents decreased to RMB 444,577 from RMB 592,854, a decline of about 25%[19]. - The company reported a net decrease in cash and cash equivalents of RMB (154,532,000) for the period, compared to a decrease of RMB (461,846,000) in the same period of 2021[109]. Investment Properties - The fair value of investment properties at 30 June 2022 was RMB 10,617,760,000, an increase from RMB 10,564,740,000 at the end of 2021[186]. - The Group's investment properties are primarily held to earn rentals, reflecting a strategic focus on rental income generation[188]. - The valuation for investment properties under construction was based on the market approach, considering comparable sales evidence and expended construction costs[190]. - The highest and best use of the properties is their current use, as estimated in the fair value assessment[191]. Taxation - The current tax expense for the period included RMB 375,000 for Enterprise Income Tax and RMB 6,641,000 for Land Appreciation Tax, compared to RMB 70,481,000 and RMB 24,968,000 respectively in 2021[167]. - The total provision for tax expenses for the six months ended 30 June 2022 was RMB 20,936,000, a decrease from RMB 107,411,000 in the same period of 2021[167]. - The tax rate for the PRC subsidiaries remained at 25% for the period, consistent with the previous year[167]. Strategic Plans - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[13]. - The company plans to continue its market expansion and product development strategies in the upcoming periods[106]. Compliance and Reporting - The unaudited condensed consolidated financial statements have been prepared in accordance with Hong Kong Accounting Standard 34, ensuring compliance with applicable disclosure requirements[111]. - The application of amendments to HKFRSs in the current interim period has had no material impact on the Group's financial positions and performance[116]. - The company did not report any significant impact from the application of revised Hong Kong Financial Reporting Standards on its financial position and performance during the interim period[117].

Financial Performance - For the year ended December 31, 2021, the Group recorded total revenue of approximately RMB2,927.6 million, a decrease of approximately 9.2% compared to the previous year[11]. - The gross profit for the reporting period was approximately RMB814.5 million, representing a decrease of approximately 28.6% compared to the previous year[11]. - Profit attributable to the owners of the Company for the reporting period amounted to approximately RMB169.7 million, a decrease of approximately 59.6% compared to the previous year[11]. - Basic earnings per share were RMB3.34 cents, down from RMB8.27 cents in 2020[11]. - Total revenue for the reporting period was approximately RMB2,927.6 million, representing a decrease of approximately 9.2% compared to RMB3,225.1 million for the year ended 31 December 2020[23]. - Gross profit for the reporting period was approximately RMB814.5 million, representing a decrease of approximately 28.6% compared to RMB1,140.9 million for the year ended 31 December 2020[23]. - Profit for the reporting period was approximately RMB205.4 million, representing a decrease of approximately 62.0% compared to RMB540.9 million for the year ended 31 December 2020[23]. - Revenue from property sales contributed approximately 94.5% of total revenue, amounting to RMB2,767.7 million, down from RMB3,096.8 million in 2020, indicating a decrease of approximately 10.6%[110]. - Property investment revenue increased to RMB159.9 million, up from RMB128.3 million in 2020, reflecting a growth of approximately 24.6%[108]. Sales and Development - Contracted property sales for the reporting period were approximately RMB5,473.7 million, with a contracted gross floor area of approximately 487,388 square meters, representing increases of 22.5% in contracted sales and 16.5% in contracted GFA compared to the previous year[11]. - Contracted sales amount for the reporting period was approximately RMB5,473.7 million, representing an increase of approximately 22.5% compared to RMB4,466.8 million for the year ended 31 December 2020[23]. - Contracted gross floor area (GFA) was approximately 487,388 square meters for the reporting period, representing an increase of approximately 16.5% compared to 418,359 square meters for the year ended 31 December 2020[23]. - The increase in contracted sales was mainly contributed by new projects launched for pre-sales during the reporting period[25]. - The Group had 19 property projects under development as of 31 December 2021, focusing on residential and commercial complex properties[25]. - The Group primarily focuses on the development of residential properties, including apartments, offices, retail shops, and villas[25]. - The total saleable GFA for ongoing projects is 1,734,374 square meters, with 1,400,191 square meters already delivered[50]. - The Group's future development plans include properties with a total planned GFA of 2,312,525 square meters[50]. Investment Properties - Rental income and property management income for the reporting period amounted to approximately RMB159.9 million, an increase from RMB128.3 million in 2020[96]. - The Group's investment properties include hotels, kindergartens, and commercial premises, providing a stable income stream[97]. - The Group's investment properties in China were valued at approximately RMB10,564.7 million, an increase from approximately RMB8,681.4 million as of December 31, 2020, reflecting a growth of about 21.7%[143][146]. - The Group recognized a net fair value gain of approximately RMB9.5 million on investment properties, down from RMB18.2 million in 2020[117]. Financial Position and Ratios - As of December 31, 2021, the Group's bank and other borrowings amounted to approximately RMB8,205.2 million, down from RMB8,429.9 million in 2020[125]. - The Group's gearing ratio improved to approximately 175.5% in 2021 from 181.2% in 2020, with net debts of approximately RMB8,958.5 million and total equity of approximately RMB5,105.7 million[125]. - The current ratio remained stable at approximately 122.6% as of December 31, 2021, consistent with the previous year[125]. - The total liabilities to total assets ratio was approximately 83.0% in 2021, compared to 81.9% in 2020[125]. - The Group's cash and cash equivalents decreased to approximately RMB592.9 million in 2021 from RMB838.0 million in 2020[122]. Corporate Governance - The Group has complied with the Corporate Governance Code except for specific deviations regarding board meeting frequency and role segregation[153][154]. - The Board comprises 6 Directors, including 3 executive Directors and 3 independent non-executive Directors, complying with Listing Rules regarding independence[160]. - The Company has adopted the Model Code for Securities Transactions by Directors, and all Directors confirmed compliance during the reporting period[164]. - The Company has established three Board committees: the Audit Committee, the Nomination Committee, and the Remuneration Committee, each with specific roles and responsibilities[166]. - The Company has established a Board Diversity Policy to enhance performance quality through diverse Board composition[188]. Employee Information - Total employee remuneration for the reporting period amounted to approximately RMB176.4 million, an increase from approximately RMB144.9 million in 2020[139]. - The group employed a total of 490 employees as of December 31, 2021, down from 658 employees in the previous year[139]. Future Outlook - The management is optimistic about the long-term prospects of the PRC property market and will actively seek investment opportunities in the real estate sector[14]. - The Group plans to actively seek and acquire quality land parcels to expand its market share in the PRC real estate market, leveraging recent interest rate cuts by the People's Bank of China[104]. - The Group's financial outlook remains positive, with confidence in future economic development in China despite existing challenges[104].

中国岸迪 CHINA SANDI CHINA SANDI HOLDINGS LIMITED 中 國 三 迪 控 股 有 限 公 司 (incorporated in Bermuda with limited liability) (Stock Code: 910) 2021 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 INCOME | 簡明綜合損益及 其他全面收益表 | 4 | | CONDENSED CONSOLIDATED STATEMENT OF FIN ...

ESG Reporting and Strategy - The reporting period for the Environmental, Social and Governance (ESG) report is from January 1, 2020, to December 31, 2020[5]. - The report aims to strengthen communication and engagement with stakeholders regarding the company's ESG policies and performance[5]. - The Board of Directors is responsible for the company's ESG strategy and reporting, ensuring accuracy and integrity in the report's contents[5]. - The report complies with the ESG Reporting Guide requirements set by the Hong Kong Stock Exchange[5]. - The Group actively reduces business trips to lower GHG emissions, promoting alternatives like phone and video conferencing[28]. - The Group's overall strategy includes a focus on environmental, social, and governance (ESG) performance to meet stakeholder expectations and regulatory requirements[39]. - The Group's communication with stakeholders includes annual reports and ESG feedback channels to enhance transparency and engagement[21]. Environmental Performance - The Group has identified significant environmental, social, and governance issues impacting its operations[11]. - The Group's total greenhouse gas (GHG) emissions for the year ended 31 December 2020 were 2,310 tonnes, a reduction from 2,310 tonnes in 2019, with an intensity of 4 tonnes per employee compared to 14 tonnes per employee in the previous year[35]. - Nitrogen oxides (NOx) emissions decreased to 46 kg in 2020 from 156 kg in 2019, while particulate matter (PM) emissions were reported at 4 kg in 2020[27]. - Preference is given to local suppliers to minimize transportation emissions, aligning with the Group's sustainability goals[29]. - The Group's initiatives for emission reduction are part of its commitment to sustainable development amidst global climate concerns[22]. - The Group's environmental performance is continuously monitored and reported, reflecting its commitment to reducing operational impacts[26]. - The Group's emissions reduction policies are aligned with global standards and protocols for greenhouse gas reporting[37]. - The Group's electricity consumption for the year ended December 31, 2020, was 3,325,000 kWh, a decrease from 13,338,000 kWh in 2019, resulting in an electricity intensity of 4,751 kWh per employee compared to 16,778 kWh per employee in the previous year[45]. - Unleaded petrol consumption decreased to 20,578 liters in 2020 from 160,808 liters in 2019, while diesel consumption was 2,165 liters, slightly down from 2,602 liters[45]. - Water consumption for the year ended December 31, 2020, was 60,773 m³, significantly reduced from 164,128 m³ in 2019, with a water intensity of 87 m³ per employee compared to 206 m³ per employee in the previous year[54]. - Paper usage decreased to 5,822 kg in 2020 from 6,983 kg in 2019, with a paper intensity of 8 kg per employee compared to 9 kg per employee in the previous year[60]. - The Group implemented energy conservation measures, including maintaining air-conditioning systems and encouraging the use of energy-saving lighting, which is expected to reduce energy consumption by approximately 5%[46]. - The Group actively promotes water conservation through the installation of sensor water-saving devices and awareness campaigns, resulting in reduced water usage[49]. - The Group's environmental performance highlights its efforts in minimizing waste and promoting recycling, with no significant hazardous waste produced during the reporting period[45]. - The Group prioritizes procurement from suppliers using green facilities and materials, emphasizing energy efficiency and conservation in decision-making[64]. - The Group promotes a Green Office Policy to minimize environmental impact, focusing on resource consumption management through staff awareness, administrative measures, and equipment management[65]. Employee and Workplace Management - As of December 31, 2020, the total number of employees was 700, a decrease from 795 on December 31, 2019, indicating a turnover rate[77]. - The gender distribution of employees as of December 31, 2020, was 58% male (406) and 42% female (294)[80]. - The Group ensures that employees receive reasonable remuneration based on their working competence, adhering to local minimum wage standards[74]. - The Group offers various fringe benefits, including comprehensive medical, life, and travel insurance, as well as educational and training sponsorship[74]. - Employees are encouraged to maintain a work-life balance with a five-day work week policy[73]. - The Group did not identify any irregularities or receive complaints regarding discrimination or recruitment during the reporting period[74]. - The age distribution of employees as of December 31, 2020, shows 47% in the 25-34 age group and 32% in the 35-44 age group[84]. - The Group's retirement policy includes a limit on retirement age and provides retirement allowances to retired employees[74]. - The turnover rate for male employees is 51%, while for female employees it is 37%[90]. - The turnover rate for the age group 18-24 is 100%, and for the age group 55 and above, it is 71%[90]. - During the reporting period, the Group reported one injury, compared to none in 2019[92]. - The Group has implemented a 5S management system to improve workplace efficiency and safety[92]. - There were no violations of occupational health and safety laws during the reporting period[96]. Training and Development - The total number of trained employees for the year ended December 31, 2020, is summarized by gender and employment category[99]. - The Group organizes annual training on fire safety and hazardous chemicals for all employees[96]. - The Group evaluates training needs based on operational changes and develops an annual training plan accordingly[101]. - The total number of training hours completed by employees is tracked and summarized annually[113]. - The total number of employees trained during the reporting period was 342, a decrease from 542 in 2019, with total training hours completed being 2,487 hours compared to 23,122 hours in 2019[116][117]. - The average training hours per employee dropped to approximately 7.2 hours, down from 42.7 hours in the previous year[116][117]. - The Group strictly prohibits child labour and ensures that all employees are aged 18 or above, with no violations found during the reporting period[119][130]. Supplier and Customer Management - The Group conducts annual reviews of suppliers to ensure compliance and performance, removing any suppliers with a bad record or overdue inspections[122][123]. - The Group has implemented strict quality management controls and did not receive any material complaints during the reporting period[124][126]. - Customer personal information is maintained securely, with access limited to authorized personnel only, ensuring compliance with privacy regulations[128][132]. - The Group engages independent third-party auditors to ensure financial account accuracy and strengthen internal controls, with no violations reported during the period[130][132]. - The Group's whistle-blowing policy encourages reporting of non-compliance, with protections in place for employees who report issues[130]. - The Group's commitment to fair treatment of employees and suppliers is reflected in its adherence to social responsibility standards[122][130]. Charitable Contributions - The Group made charitable donations of RMB 5,900,000 during the reporting period, compared to RMB 0 in 2019[136].

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 ...